2022 November Week 3 *NASDQ Backtest Report
Backtest Report is as follows:
# of Valid Positions: 2
- Thursday - R/R 10:1
- Thursday - R/R 3.5:1
Overall movement of the week:
NASDAQ more or less moved in a bigger timeframe (specifically in the DAILY timeframe) in a retracement, why I say retracement due to Daily timeframe being in an UPTREND. Since seeing retracement movement on the Daily... on the 4 hourly chart, that moves the market condition in a bearish condition market. Thus validating both SHORTS trades. Thought process is that I figured that throughout the week price was going to end up being at the Daily Key zone @ price 11600.00 then reject it heavily which did end up happening on Thursday this week. Which in turn, did not even look at NASDAQ on Friday.
# of Valid Positions: 2
- Thursday - R/R 10:1
- Thursday - R/R 3.5:1
Overall movement of the week:
NASDAQ more or less moved in a bigger timeframe (specifically in the DAILY timeframe) in a retracement, why I say retracement due to Daily timeframe being in an UPTREND. Since seeing retracement movement on the Daily... on the 4 hourly chart, that moves the market condition in a bearish condition market. Thus validating both SHORTS trades. Thought process is that I figured that throughout the week price was going to end up being at the Daily Key zone @ price 11600.00 then reject it heavily which did end up happening on Thursday this week. Which in turn, did not even look at NASDAQ on Friday.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.