NQ Range (01-21-22) for CME_MINI:NQ1! by MAZing

Since the start of 2022 there has only been a few normal "price action" trading day on the Long side. Yesterday was looking good, set up was normal and then mid-session it changed. The level of 15300 will most likely be defended on the sell side should the NAZ get back up. I called a Long Trap at the level and then it ran, way more than I would of ever thought. The 600 point (peak to bottom) was serious conviction. View the charts below, do the same with FAANG stocks and you will see why the "overvalued chatter" may be valid. New TLX's on post, we could see a run up not calling a further drop (just aware of lower levels). Play TLX's either way. Note: yesterday's selling was serious so be careful (use stops on longs).

NDX | 2020 to Current

Fang Plus FNG1 | 2020 to Current

July Post | 2021 Year End Projection Update

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If you are using my IDS, use 50 Range Bar today (less whip, chop). Count the Peaks and anticipate changes. 3-4 is normal and use TLX's as targets/turns. Just an example here, not saying NAZ goes to 14800.

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NAZ literally in Mid of Overnight range, all parties are just confused and waiting for 1st move. One option is to go Long Current NQ and Short next period NQ, drop and add at turns. Pairs, this was something that was introduced to me recently and may be useful here. Example: Long at 14700 NQH and short NQM, drop Long at 14740 and let NAZ drop (you could of Shorted NQH at 14740). Now you are in the Short that appears to be heading toward 14640 with Long profit as cushion. Just an idea during whippy sessions.

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Selling should show up here or TLX

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Long at TLX 14587, target 14717.

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Target Hit, Trailing up.

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15079 may be upper target with these Ticks.

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Short or PB developing

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Flat at Target. Ticks now off, careful games being played.

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So key here is at lower yellow, a little hump will show and the under fall short. If not, then Long.

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Long played out, Only thing is the Inch Worm Speed, be careful. Yellow on 50 is now Key.

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Stepping away, Dead Zone. NAZ has done nothing so far.

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Yellow arrow on 25 was Inch Worm PA, see how it collapses. So now 820 is Long target or Short under. NAZ may go sideways for awhile. Yellow on 50 is Short signal.

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TLX to TLX type day, still reliable as targets. Just need to point correct and let it hit. The correct park is extremely hard today so use a stop. I have noticed once the NAZ hits or comes close to TLX, it will then change direction to upper or lower. DO NOT TRADE id a MID LEVEL between 2 TLX's wait for it to be close as possible.

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Counting Peaks

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This may actually be a Long, lets see (just watch) 14587

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Retest rocket potential

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FNG1 is down 4%, may be a bottom/bounce, if not this is very bad.

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Needs to pass Mid Range

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We may have missed this one. TLX's in opposite direction for 30-40 points, usually works well, FYI.

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Like i said, never trade in mid range. May retest or blow passed.

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Extremely narrow range, big move coming.

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Just like yesterday, no counter here.

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Signal below.

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TLX 14482, todays range forecast.

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TLX's are like magnets. Now under 587 pointing below.

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14587 short for 30, reliable. Did not take just showing. Ticks help with tiiming.

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Typical Bear PA, watch on 30M

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Ticks pegged at -1200, crazy. Any lift at better ticks.

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Next TLX

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FNG1 now -5%

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Long at 497

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Stop 470

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Hit

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Long at 475

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Stop at 450

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Hit, algo's are tough. Long at 60

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Stop at 40

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587 target

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retest trade

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need 60 for break even, should get at least.

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out plus 40

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Left side is good, right is bad.

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Now retrace short set up. The close is less predictable.

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Short

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For shorts left is good and right is bad.

Trade closed: target reached:

Flat

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Couple hundred positive on negative 400 day, great movement.

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Thanks for all the nice comments below and previously. We all are trying to accomplish the same task, daily. Daily and intraday are the most difficult. Many traders do not trade intraday, like we are. They use pairs (long 1 / Short 1) or swing trade (weekly, monthly, etc.). Look on Trading View, do you know of anyone that makes daily forecasts and then providing the intraday calls (ply by play), I do not know of any other on TV that dose the same. We are rare is my point. So in order to get in the Intraday Zone, you will need to be able to zoom in and out of the PA (price action). I am getting a lot of views on the IDS posts and such and this may help further. Left side/ 25 Bar is Zoom In and Right side / 50 is Zoom Out
I faded the bar color on 25, focus on Whites, Reds and Simple. Below follow Blue arrows. Set Up suggest Yellow Arrow Up. Do the same on Right. Everyday it important that you train with the same system (no matter which), but keep it consistent. Noise and useless information is the enemy when you are trying to get in the Intraday ZONE.

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Short Set Up, Yellow Solid is Signal. FYI, by fading the 25 Bars you focus on Simple Lines and less on crazy NAZ PA.

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1-23-22, Lift to TLX and rejected.

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trying something new here, NAZ with ESH added as Line Break. Grey line is ES and white & red are line break. Can add ES with + sign on toolbar. Both have just passed LB.