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250$ in profit. Not a fantastic market.

The market has been very flat recently, if you are not careful, you might just lose it big. Although the market is generally ranging, there is still a slight downward bias and it only make sense if you go short instead of long. Going long is much too risky for the reward that you can get.

This trade starts are around 1340 to 1420, a full 40 minutes trade. Basically, I had the benefit of hindsight from the movement in the morning markets. If you study the charts carefully, you will realize that NQ is moving up and down in a zig-zag manner but moving slightly lower each time. This is what I mean by downward bias. The decision to enter the trade came at 1340 when there was a huge red candle downwards. From experience, price usually have big movements at around 1400, I decided to take the risk. stop loss was set at 1671. Quite a tight stop loss as I was not prepared to lose big on this trade.

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