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Tom Dante, owner, trader, and educator at Personal Blog, observed that many traders have successfully applied the NQ short technique he has taught.
Dante highlighted the specific approach of offering a naked LLPB above an ID high to pre-empt an IDF, commending those who achieved this result.
Dante has previously urged caution when shorting the first pullback after a major market selloff, highlighting the risk of abrupt reversals in such setups in a recent analysis. He has also noted Japanese authorities’ $73 billion effort to support the yen in foreign exchange markets, which saw USD/JPY quickly return to the 160 level despite intervention, according to his earlier commentary. These perspectives reflect Dante’s ongoing focus on specific trading strategies and major macro moves.