High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ traded sideways on Friday, its usual Friday pattern. NQ started the day with a gap-down open at support then spent the whole day rallying in a very choppy fashion.
NQ traded inside resistance at 12,050 and support at 11,850. On Monday if NQ can trade out of the current 11,850-12,050 trading range, and stay out, we could see a strong trend out of the range.
Staying inside the range implies choppy trading pattern and a false-break out of the range could cause some nice fast moves.
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The investment strategies mentioned here may not be suitable for everyone. Each trader or investor needs to review an investment and trading strategy for his or her own particular situation before making any investment and trading decision.
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Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
