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    FATHER (Nas100) PDF

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    Sthembiso Thusi
    The document discusses strategies for trading the NASDAQ pair using technical analysis patterns like rejections, M and W formations, and V formations. It recommends trading this pair on 15 minute or 1 hour charts using small lot sizes of no more than 0.01. Key advice includes waiting for an aggressive move up or down followed by a rejection, then taking a buy or sell trade in the direction of the rejection. Examples of rejection signals preceding reversal moves are also shown.

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    FATHER (Nas100) PDF

    Uploaded by

    Sthembiso Thusi
    2K views5 pages
    The document discusses strategies for trading the NASDAQ pair using technical analysis patterns like rejections, M and W formations, and V formations. It recommends trading this pair on 15 minute or 1 hour charts using small lot sizes of no more than 0.01. Key advice includes waiting for an aggressive move up or down followed by a rejection, then taking a buy or sell trade in the direction of the rejection. Examples of rejection signals preceding reversal moves are also shown.

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    The document discusses strategies for trading the NASDAQ pair using technical analysis patterns like rejections, M and W formations, and V formations. It recommends trading this pair on 15 minute or 1 hour charts using small lot sizes of no more than 0.01. Key advice includes waiting for an aggressive move up or down followed by a rejection, then taking a buy or sell trade in the direction of the rejection. Examples of rejection signals preceding reversal moves are also shown.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2K views5 pages

    FATHER (Nas100) PDF

    Uploaded by

    Sthembiso Thusi
    The document discusses strategies for trading the NASDAQ pair using technical analysis patterns like rejections, M and W formations, and V formations. It recommends trading this pair on 15 minute or 1 hour charts using small lot sizes of no more than 0.01. Key advice includes waiting for an aggressive move up or down followed by a rejection, then taking a buy or sell trade in the direction of the rejection. Examples of rejection signals preceding reversal moves are also shown.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    FATHER & ROYAL FX GOATS

    TRADING NASDAQ
     NASDAQ IS ALL ABOUT REJECTIONS
     IT’S A VERY VOLITILE PAIR
     IT HAS BEEN ON AN UPTREND FROM MANY YEARS AGO
     SO WHEN TRADING THIS PAIR
     DO NOT HOLD TOO MUCH
     WE USE REJECTIONS
     M AND W
     V FORMATION

    NEVER USE A LOT SIZE GREATER THAN 0.01 WHEN TRADING THIS
    PAIR.
    USING REJECTION TO TRADE N100

     ON NAS100 PAIR
     WAIT FOR THE MARKET TO GO UP OR DOWN AGRESSIVELY.
     ON 15 MIN OR 1 HOUR CHART
     AGRESSIVELY WITH AT LEAST 8 CANDLES
     THEN WAIT FOR THE MARKETS TO GIVE YOU A REJECTION THEN
    TAKE A BUY OR A SELL TRADE
     IF THE MARKET GOES DOWN AGRESSIVELY THEN GIVES YOU A
    REJECTION (SPIKE) DOWNWARDS, THEN TAKE A BUY AFTER THE
    REJECTION
     IF THE MARKET GOES UP AGRESSIVELY THEN GIVES YOU A
    REJECTION TAKE A SELL AFTER THE REJECTION
     DO THIS ON 1 HOUR OR 15 MIN CHART
    EXAMPLES OF SELL REJECTION TAKES

     ON THE FOLLOWING PICTURES


     THE REJECTIONS BEFORE A SELL MOVEMENT ARE SHOWN WITH
    AN ARROW
     ALWAYS AFTER SUCH REJECTIONS THERE IS A REVERSAL
     AGAIN THE REVERSAL COMES AFTER THE MOVEMENT UP
    USING M AND W FORMATION TO TRADE NAS100

     WAIT FOR THE MARKET TO GO DOWN AND FOM W FORMATION


    THEN BUT.
     THE LEGS OF THE W SHOULD BOTH END AS REJECTIONS!

     WAIT FOR THE MARKET TO GO UP AND FORM M THEN SELL

     THEN M SHOULD HAVE REJECTIONS ON THE FIRST AND THE


    SECOND LEG
    V FORMATION

     WAIT FOR THE MARKET TO GO DOWN, AGRESSIVELY.


     WAIT TO SEE A GREEN CANDLE THAT IS ABOUT TO TURN THE
    MARKET TO GO UP.
     WAIT FOR THAT CANDLE TO CLOSE AS GREEN
     THEN TAKE A BUY
     MAKE SURE THAT YOU CAN DRAW AND ANTICIPATE THE V
    FROM THE SETUP
     FOR SELL SETUP IS THE OPPOSITE OF A V

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