How to trade Nasdaq 15h30 In 2020
Total Time: 10 minutes
Nasdaq Session Open
You’ll need one custom indicator to help you navigate through out. The daily box indicator is what we are going to use to get the lows and daily highs.
Daily lows and daily highs and lows are the perfect indicators of intra-day support and resistance for this Nasdaq 15h30 Strategy. Download the indicator HERE
You still have to identify your higher time frame structure as well. The daily lows and highs are for intra-day entry.
Since we have the daily box Indicator in place it is now obvious that we have to look at time frames lower that the daily time frame.
H1 is the go to time frame for a good view, however you will find a better view on 30 or 15 Minutes time frame. The fore this strategy is mainly for short term intra-day trades. https://www.youtube.com/watch?v=rvxRgB43zQ
NASDAQ 100 usually doesn’t move in one direction during sessions, well thats a story for another day. We are definitely using this strategy during the New York trading session any time after 15h30 / 16h30 GMT +2 depending on the NASDAQ stock market open time. This NASDAQ 15h30 Strategy is for the American session not Asian session.
Keep it simple with entries, look for pin bars around structure. Engulfing candles and pin bars are the most reliable entry signals that you can use for NAS100 / NASDAQ100. However you need to make sure that these signals are one the structure identified.
The reason why pin bars are more effective is because price tends to create spikes during market open , institutions are searching for stops losses . pin bars forms as a result of stop hunt read more HERE
Trend line break outs are also reliable.
This article doesn’t do any justince in explaining the concept. Please Watch the YouTube Video showing you how to trade using the NASDAQ 15h30 strategy .
Estimated Cost: 10 USD
- Vindi Forex
- MACD indicator
- Daily High Low Indicator
- Nasdaq Fundamentals
Materials: MACD indicator Daily High Low Indicator Trendlines Nasdaq Fundamentals