Nasdaq Strategy

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 6

PASSION

PATIENCE
PERSISTENCE
CONSISTENCE
PROFIT
NASDAQ STRATEGY
NASDAQ 1 5 : 3 0 PM STRATEGY

What Is NASDAQ
The Nasdaq stock market is an American stock exchange. It is+ the
second-large exchange in the world by market capitalization. It is a
Broad base index including more than 3 000 companies, many of
which are high-tech industry.

Market Gap
$10 trillion

Number of listings
Carrying approximately 1.8 Billion trades per day

Why is NASDAQ Important


NASDAQ has a very important role in global as well as local
economy.in the U.S alone, it is the single trusted ground for any
compony to list its shares on. All major global conglomerates have
their stock listed on
NASDAQ.

What Causes Stock Prices Change?


By this we mean that shares prices change because of SUPPLY and
DEMAND. if more people want to buy stock demand than sell it
supply, then the price move up. Conversely, if more people wanted to
sell than buy it, there would be greater supply than demand, and the
price would fall.
What Makes A Stock To Go Up And Down.
If there is a greater number of buyers than sellers (more demand),
the buyers bid up the price of the stock to entice the sellers to get
rid of them, a large number of sellers bid down the price of stock
hopping to entice buyers to purchase.

Strategy Requirements
You must have background knowledge of the following aspects.

> Support And Resistance


> Supply And Demand
> Breakouts And Retests
> New York Opening Session Time

Support And Resistance


Is a concept that the movement of the price of a asset will tend to stop
and reverse at a certain established price level. These levels are
indicated by multiple without a breakthrough of the level.

Supply And Demand


Supply and demand trading is a trading method where the idea is to
find points in the market where the price has made a strong advance or
decline
Rules Of Trading The Strategy
In general, most traders/investors believe in support and
resistance, without fear I can say it really does work, but with
NASDAQ I have discovered that 85% of the times support
and resistance are totally/violated during NY session opening.

Support And Resistance On NASDAQ


Firstly. you need to observe and identify the strong support or
resistance zone on H1 and H4 Timeframe.
Once you done that mark them with your horizontal lines, bear in
mind, you are required mark the zones as follows
-First trendline should be from a body to wick, and a second trendline
from wick to body, hope you get it … ..

Rule Number One (Resistance)


-When the market approaches your resistance and the time is 15:30
for instance, you need to wait for the green(Bull) to touch your
resistance first then execute a BUY Position at 15:30 pm, you do not
take a trade when the last candle before 15:30 was red(Bearish) candle.

Rule Number Two


When the market approaches your support zone and the time is
15:28pm for instance you have to wait for the red(bearish) candle to
touch your support zone, first then execute a SELL position at
15:30pm,you do not have to take a trade if the last candle
before 15:30pm was Green(bullish)Candle.
Trading Supply And Demand
In my experience, have witness supply and demand doing wonders in
all markets, either stock, currencies or futures, you must remember,
what creates the market its traders/psychology.

Supply
When the market approaches this crucial zone, it tends to
capture attention of investors as it’sa zone with huge of sellers.
Immediately when the market touches your supply zone, you execute a
SELL POSITION
Ask no question, this is a reliable and most traded zone on the market

Demand
When the market approaches this crucial zone, it tends to
capture attention of investors as it’s a huge zone volume of buyers.
Immediately when the market touches demand zone, you execute a
BUY POSITION.

Asking no question this is a very reliable and most traded zone in


the market.

Trading Breakout And Retest


With this strategy, you only trade breakout and retest of either supply
or demand zone, do not apply this on support and resistance as they
are not too much reliable on stocks.
MAKE SURE YOU APPLY AND FOLLOW ALL THE RULES
For Premium Mentorship
Forex, Binary And Indices course
Premium signals

Contact
Mpho Ramochela Trevor
Whatsapp : +27731600643
Telegram : +27731600643
Email: ramochelatrevor@gmail.com

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy