I mentioned this strategy in another thread and decided to make a seperate thread for it so many can profit. Couldn’t find it on this forum.
Your broker might not have nasdaq but ustech100 instead. They are the same.
For this strategy you need the app CNBC Stock Market. Create a watchlist with the stocks shown in my screenshot. Make sure they are in the same order.
The top 3 stocks have the most impact on nasdaq movement at market opening. When at least 2 of these 3 stocks are green at market opening, nasdaq has a high probability to go up. When at least 2 of these 3 are red at market opening, nasdaq has a high probability to go down.
These are mostly short term trade of a few minutes. More like a hit and run strategy. Very often nasdaq retraces after the initial move. When I see the pricechange of these stocks increasing I hold the trade for a longer time.
Your broker might not have nasdaq but ustech100 instead. They are the same.
For this strategy you need the app CNBC Stock Market. Create a watchlist with the stocks shown in my screenshot. Make sure they are in the same order.
The top 3 stocks have the most impact on nasdaq movement at market opening. When at least 2 of these 3 stocks are green at market opening, nasdaq has a high probability to go up. When at least 2 of these 3 are red at market opening, nasdaq has a high probability to go down.
These are mostly short term trade of a few minutes. More like a hit and run strategy. Very often nasdaq retraces after the initial move. When I see the pricechange of these stocks increasing I hold the trade for a longer time.
