Get started

Search in ideas for "nq"

NQ - My new short entry level🙋‍♂️Hello Futures Community! Check out my Intraday analysis for NQ and also my entry levels. More descriptions about my trading. I am not patterns trader. My strategy and edge is looking for strong volume zones where Big players were trading. And if a market will come to this zones, I want to trade there again with them. So every day I prepare key levels and key zones and I am waiting when a market will come there. 📲In the chart you can see Long / Short levels into which I enter directly through the limit and then I control them based on the volume . If the market does not respect the level and starts to form a volume in the negative zone, I try to end the position at the breakeven point or stoploss. I set the Profit Target according to RRR or according to key levels and S / R zones. These levels can also be traded from the other side, support becomes resistance and vice versa. ❗️First of all, when I have the level ready, I have to set a Stoploss. Stoploss is determined by several criteria. First of all, it must not be too far away and also it must not be in an area that serves as a magnet such as POC , Key Levels or a stoploss zone, where the market will run out of liquidity. Summary: Stoploss determined by. ✅1. Pivot High / Low ✅2. Logical zone according to VolumeProfile ✅3. Low Volume Node and High Volume Node ✅4. Outside of key levels 🎉 Management Rules: ✅When I see in negative zone 5 minutes whole candles ( for short level "over" the level for long level "below) I move my Take Profit to BreakEven point and I want to exit position on Entry point or my Stoploss. ✅ When 80% of profit is reached I am moving my Stoploss to BE point. Hope it helps, Have a nice day!
CME_MINI:NQ1!
by Asanato
NQ OverlayThis is why I said I'm bearish for Monday, and not going long over the weekend... Chart pattern looks incomplete despite NQ being oversold. ES, YM, and RTY did not go oversold yet. Afternoon rally appeared to be all short covering, every stock with high short interest (W, TSLA, BGS, etc) finished green. Overlay is 2018 end of year tank made to fit. Patterns repeat.... the other possibility being another pump up then a big tank. Eventually there is another big leg coming I think. Otherwise the pattern just doesn;t look right.
CME_MINI:NQ1!
by hungry_hippo
4
NQ headed to oversold againLooks to me like it's headed to oversold again because the algos don't care about price levels or "support". Support might hold today, but best guess is that they gap it down with futures Monday. The market can't go up until AAPL gains traction, AAPL is the market, Keep an eye on it. I've got NKE puts for earnings but I pretty much lost every earnings bet so far this quarter so probably not a good idea to follow me on earnings trades, lol. I did make all of the losses back this week with MU calls and bunch of puts bought Wed, I told you guys NQ was overbought Wed premarket....
CME_MINI:NQ1!
by hungry_hippo
6
NQ Super Bear targetsHonestly, I thought we were going to double top.... Not saying this is going to happen, but if NQ breaks support, the next real target is the old top. If you;re super bearish, the index has thrown a huge megaphone, and the target is the bottom orange line. THe only way I can see that happening is if Biden gets elected, so don;t go around buying weekly puts thinking you;re gonna get rich. You'd have to buy Nov 20 puts, lol. In any case, my 3 hr indicators are still working in this drop, so pay attention to indicators, not long term targets
CME_MINI:NQ1!
by hungry_hippo
7
NQ favouring shortsIf one of these two scenarios do not happen, I quit TA for good because it clearly doesn't work anymore in a post sanity, Fed controlled world. - resistance line does holds - a slight pop over resistance to trap bulls, then price falls in again hard Oh and also, if today 11MAY closes up on the day, it'll be NQ's 6th day up in a row. Although I suppose, the higher timeframe monthly channel dictates we go higher. I'd be building up a short position now and vigilantly add to it until we tap the top of this channel, if I were a big pocketed player.
OANDA:NAS100USDShort
by PontusTrader