NAS100 Breakout Setup – Yesterday’s High & Low
Chart & Levels:
Buy Stop: Placed at the previous day’s high (see the green line on the chart).
Sell Stop: Placed at the previous day’s low (red line on the chart).
Idea & Rationale:
I’m using a simple breakout strategy that allows price action to confirm direction before I commit. If NAS100 breaks above yesterday’s high, I’ll go long, expecting bullish momentum. If it drops below yesterday’s low, I’ll go short, anticipating further downside.
Trade Management:
Stop Loss: Use recent swing highs/lows or an ATR-based buffer to avoid getting wicked out.
Take Profit: Aim for a minimum 1:2 risk-to-reward ratio, adjusting as the market evolves.
Position Size: Maintain proper risk management; only risk a small percentage of your account on each trade.
Why This Setup?
Clarity: Using the previous day’s high/low is a straightforward way to spot potential breakouts.
Volatility Capture: NAS100 often makes sizable moves around session opens (especially NY). This setup attempts to catch the momentum.
Risk Control: Waiting for a breakout confirmation helps reduce false entries in choppy markets.
Key Notes:
Watch out for major news events (economic releases, tech sector earnings) that could trigger sharp moves.
Keep an eye on the overall market sentiment; if there’s a strong risk-on or risk-off environment, that can impact NAS100 direction.
Buy Stop: Placed at the previous day’s high (see the green line on the chart).
Sell Stop: Placed at the previous day’s low (red line on the chart).
Idea & Rationale:
I’m using a simple breakout strategy that allows price action to confirm direction before I commit. If NAS100 breaks above yesterday’s high, I’ll go long, expecting bullish momentum. If it drops below yesterday’s low, I’ll go short, anticipating further downside.
Trade Management:
Stop Loss: Use recent swing highs/lows or an ATR-based buffer to avoid getting wicked out.
Take Profit: Aim for a minimum 1:2 risk-to-reward ratio, adjusting as the market evolves.
Position Size: Maintain proper risk management; only risk a small percentage of your account on each trade.
Why This Setup?
Clarity: Using the previous day’s high/low is a straightforward way to spot potential breakouts.
Volatility Capture: NAS100 often makes sizable moves around session opens (especially NY). This setup attempts to catch the momentum.
Risk Control: Waiting for a breakout confirmation helps reduce false entries in choppy markets.
Key Notes:
Watch out for major news events (economic releases, tech sector earnings) that could trigger sharp moves.
Keep an eye on the overall market sentiment; if there’s a strong risk-on or risk-off environment, that can impact NAS100 direction.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.