Forex Trading Strategies 19 : Long NASDAQ100 to 16,000

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  • Forex Trading Strategies 19 : Long NASDAQ100 to 16,000

What a long time in the making. I was expecting Nasdaq 100 to come down to the 14,000 level quite some time ago, clearly I was too early.  It takes a lot of patience and guts to hold onto a trade like this, where the market just swings dramatically sideways, easily making you think that your anlaysis is wrong. Which is why of course only the patient and brave manage to catch the profit!

Nonetheless, here we are at 14,000 levels, and the price action is showing me a potential push back up to the 16,000 levels before any further substantial market falls. 

Interesting timing it is with earnings season now as well. 

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  • 26 Jan 22
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NASDAQ 100

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