NQ 30-Min: Heavy Volume Zone Support at 24,680At 24,680, there’s a key support where buyers aggressively stepped in after sellers failed to push lower. This heavy volume zone marks the start of a new uptrend, and if price pulls back, I expect buyers to defend this area again with a strong reaction upward.
Trade ideas
NQ - SHORT SETUP [Trade of Risk – Counter-Trend Setup]Description:
Market retraced into a supply zone aligned with the 75% premium line after a clean breakdown.
This setup represents a counter-trend trade, with limited statistical edge but potential short-term opportunity if rejection confirms at supply.
Risk is defined above the inefficiency gap.
🔹 Bias: Short (counter-trend)
🔹 Zone: 25,095 – 25,125
🔹 Invalidation: Acceptance above 25,210
🔹 Comment: I don’t like retracement trades — winrate is lower, but R:R remains favorable.
Weekly engulfing candle A Trump tariff announcement produced a huge engulfing candle, lets see what happens this week?
Trump's form is he always undo's his threats pretty quickly so be careful, but this market was over stretched and crying for a correction.
Is this enough?
will the buy the dip buyers return?
Earnings season is here and
we have interest rate cuts looming ...
So volatility is here for a while
be careful out there
Key levels for reversals back to the upsideI’ve marked key levels where I believe the market could potentially reverse to the upside, allowing the bull run to resume. Of course, fundamentals and news can quickly change the market’s direction, but this represents my current technical analysis that I’ll be monitoring closely.
#202540 - priceactiontds - weekly update - nasdaq e-miniGood Day and I hope you are well.
comment: Bullish if we stay above 24900. Every dip is bought and on the 4h chart today is only a minor pullback. We still have daily new ath. Don’t get trapped as a bear. 24900 is around the bull trend line and that’s the latest I expect much more buyers than sellers, if bears even get there. 25000 should be huge support until we get a catalyst.
current market cycle: parabolic buy climax very late in the trend - I think we top out very soon
key levels for next week: 24300 - 25300
bull case: Bulls will likely buy this dip around 25000 and want a continuation of the accelerating trend. If bears give up again, we could very well see a gigantic blow-off top for 25600 or 26000. For now the upper trend line is still resistance but since bears can not even get close to the daily 20ema, another acceleration upwards is more likely than a bigger pullback, as of now at least.
Invalidation is below 24600
bear case: What would bears need to start a bigger pullback for the big bull trend line around 24100? A big catalyst. Bears can not even get two red days in a row, so we can not think too much about bearish scenarios. Bulls who bought every dip made money since April. Daily 20ema has not been touched since early September. Sure it’s overdone but that does not mean it can’t go another 1000 points before turning. Anything below 24900 would be a decent start but for now we can not expect this to just fall.
Invalidation is above 25300
short term: Longs around 25000 have been profitable since last week and only if bears could leave behind a big gap, we could move lower. For now bulls are still in full control.
medium-long term - Update from 2024-08-10: 22000 likely to get hit this year gain.
Final sell off ahead of FOMC | Head n ShouldersI believe price will stage one final sell-off before resuming its push toward higher highs. On the 4H chart, a potential Head & Shoulders pattern is forming, suggesting price may fill the hourly gap at 24,856 before or during the FOMC release.
The 15-minute chart offers a more precise entry compared to the 1H and 4H timeframes.
I plan to enter within the 25,149–25,150 price range, provided my bias remains valid heading into the New York open.
Lets get it!⚡
Bullish MONDAY Price dipped into the long term weekly FVG
And respected it now. My thoughts are Monday could be a bullish day where price start to rally back up because we are in a very deep discount right now and have lots of range to cover so I think we could see some upside objectives.
also if we open and Gap down then there’s a big change we continue lower but I hope that is not the case because it would become a full on market crash. this is a minor correction nothing major
NQ UpdateFutures dropped afterhours when Trump announced 100% tariffs on China, so expect a gap down Monday.
Funny thing is, I wasn't very bullish because of that open gap, I added to my KSS puts this morning before the market got Trumped. Was wondering if that was a mistake for about 5 minutes, lol. Lucky or not, timing is everything. Wish it was announced yesterday morning when I had even more puts. Oh well.
In any case, RSI and MFI both went oversold, I was expecting MFI to go oversold which is why I did not go long on stocks this morning. Can't use 3hr indicators during a tank, the market will whipsaw it's way down just like April. Daily indicators might be of some help if this spring repeats.
I also suspected something fishy going on, retail was weak all week, which is why I was shorting KSS, along with the H&S pattern I posted. HD has been tanking for an entire month, there are always people that have inside info, probably Trumps brokers, lol. I'm sure he's feeding info to his family and friends, it's the biggest inside trader scam EVER.
Liquidity Sweep on 4H TF know to mark out all the session highs and lows, the one-hour highs and lows, and the four-hour highs and lows, and then wait for a liquidity sweep, then wait for a break of structure, inverse fair value gap, or a 79% extension closure? And then following that, look for a fair value gap getting filled, order block, breaker block, equilibrium getting filled, and then scale down to the one-minute time frame, look for a break of structure, inverse fair value gap, or 79% extension closure, looking for the trend to continue in the right direction, and then take profits at the previous draws on liquidity that haven't been hit yet
Competitive Currency War: An In-Depth AnalysisIntroduction
A competitive currency war, often termed a currency devaluation war, refers to a situation where countries deliberately devalue their currencies to gain a trade advantage over others. In essence, nations engage in a race to weaken their currencies to make exports cheaper and imports costlier, thereby stimulating domestic production and employment. However, while it may provide short-term gains to an individual nation, a widespread currency war can destabilize the global economy, heighten financial volatility, and strain international relations.
The term “currency war” became popular after Brazil’s finance minister Guido Mantega used it in 2010 to describe the growing wave of monetary interventions by major economies after the global financial crisis. Since then, the world has witnessed multiple instances of competitive devaluations, especially during times of economic stress—such as the 2008 crisis, the U.S.–China trade war, and the post-COVID recovery phase.
This essay explores the origins, mechanisms, historical examples, implications, and future trajectory of currency wars in an increasingly globalized and digital financial environment.
1. The Concept and Mechanics of Currency War
A currency war typically arises when multiple countries attempt to depreciate their currencies simultaneously to gain a competitive edge. The underlying mechanism involves monetary policy tools, foreign exchange interventions, and fiscal adjustments.
1.1 Key Mechanisms
Monetary Easing:
Central banks reduce interest rates or adopt quantitative easing (QE) to increase liquidity. Lower interest rates tend to weaken the currency, making exports cheaper.
Foreign Exchange Intervention:
Governments or central banks directly buy foreign currencies (like the U.S. dollar) while selling their own currency to suppress its value in the forex market.
Capital Controls:
Some nations impose restrictions on foreign capital inflows to prevent their currency from appreciating excessively.
Fiscal Expansion:
By increasing government spending or subsidies on export sectors, governments can indirectly stimulate output and trade competitiveness.
1.2 The Economic Logic
The basic idea is simple: if a country’s currency is cheaper relative to others, its exports become more competitive globally, while imports become more expensive. This can improve the trade balance, boost GDP, and create employment. However, this logic fails when every nation follows the same strategy — leading to global instability and inflationary pressures.
2. Historical Background of Currency Wars
Currency wars are not a new phenomenon. They have shaped the global economic order for more than a century, reflecting the interplay between national interests and international stability.
2.1 The Interwar Period (1920s–1930s)
Following World War I, countries abandoned the gold standard to devalue their currencies and support domestic recovery. The United Kingdom’s decision to leave the gold standard in 1931 triggered a wave of competitive devaluations, with nations like the U.S. and France soon following. The result was chaotic: trade collapsed, global demand shrank, and the Great Depression deepened.
2.2 The Bretton Woods System (1944–1971)
In response to interwar chaos, the Bretton Woods Agreement established a system of fixed exchange rates anchored to the U.S. dollar, which itself was convertible to gold. This arrangement aimed to stabilize exchange rates and prevent competitive devaluations. However, by the late 1960s, U.S. fiscal imbalances (due to the Vietnam War and social spending) eroded confidence in the dollar, leading President Richard Nixon to end gold convertibility in 1971 — effectively collapsing the system.
2.3 The 1980s: The Dollar and the Plaza Accord
During the early 1980s, the U.S. dollar surged due to tight monetary policy under Paul Volcker and Reagan-era fiscal expansion. This appreciation hurt U.S. exports and created large trade deficits, prompting the 1985 Plaza Accord. Under this agreement, major economies — the U.S., Japan, West Germany, France, and the U.K. — coordinated to weaken the dollar through joint interventions. This is one of the most successful examples of coordinated currency management in modern history.
2.4 The 2008 Global Financial Crisis and Modern Currency Wars
After 2008, central banks worldwide adopted ultra-loose monetary policies, driving down interest rates and flooding markets with liquidity. The U.S. Federal Reserve’s quantitative easing was followed by similar measures in Europe and Japan. Emerging markets, especially Brazil and China, accused developed nations of starting a “currency war” by artificially suppressing exchange rates through excessive money printing.
2.5 The 2010s: U.S.–China Currency Tensions
China was often accused of manipulating its currency, the yuan, to maintain export competitiveness. The U.S. claimed that China’s undervalued yuan hurt American manufacturing. Although China gradually allowed more flexibility in its exchange rate, tensions resurfaced during the Trump administration, when tariffs and currency rhetoric became central tools in the trade war.
3. The Economic Consequences of Currency Wars
While currency devaluation may offer short-term benefits, its long-term consequences are often counterproductive for both domestic and global economies.
3.1 Short-Term Gains
Boost in Exports:
A weaker currency makes exports more affordable in global markets, improving trade balances.
Inflation Control (in Deflationary Contexts):
Devaluation can prevent deflation by raising import prices, stimulating spending and investment.
3.2 Long-Term Costs
Imported Inflation:
Weaker currencies make imports more expensive, leading to rising prices for essential goods such as energy, food, and technology.
Erosion of Investor Confidence:
Persistent devaluation discourages foreign investment, as investors fear currency losses.
Retaliatory Policies:
Competing nations may also devalue their currencies, neutralizing any advantage and sparking global instability.
Debt Burden Escalation:
Countries with high levels of foreign-denominated debt face higher repayment costs when their currencies fall.
Global Imbalances:
Uncoordinated devaluations can distort trade flows and fuel protectionism, undermining international cooperation.
4. Modern Dynamics: Currency Wars in the Digital Era
In the 21st century, currency wars have become more complex, influenced by technological innovation, digital finance, and geopolitical realignments.
4.1 Central Bank Digital Currencies (CBDCs)
The rise of CBDCs — digital forms of fiat currency issued by central banks — could transform how nations compete monetarily. For instance, China’s digital yuan (e-CNY) aims to internationalize its currency and reduce dependence on the U.S. dollar-dominated SWIFT system. This digital shift introduces new dimensions of currency competition based on technological infrastructure and cross-border payment dominance.
4.2 Artificial Intelligence and Algorithmic Trading
AI-driven trading systems now play a significant role in foreign exchange markets, amplifying the speed and scale of currency adjustments. Automated capital flows can accelerate devaluations or appreciations beyond the control of policymakers, increasing market volatility.
4.3 The De-Dollarization Movement
Many emerging economies are actively seeking to reduce dependence on the U.S. dollar for international trade. BRICS nations — Brazil, Russia, India, China, and South Africa — have proposed alternative payment mechanisms and a potential shared currency. This shift poses a strategic challenge to U.S. monetary dominance and adds a new layer to currency competition.
4.4 Geopolitical Dimensions
Currency strategies increasingly intersect with geopolitics. Sanctions, trade restrictions, and financial exclusion (as seen with Russia post-Ukraine conflict) have turned monetary tools into instruments of geopolitical power. As countries seek to protect their financial sovereignty, competitive currency strategies are becoming more politically motivated.
5. Case Studies of Recent Currency Conflicts
5.1 Japan’s Abenomics (2013–2020)
Under former Prime Minister Shinzo Abe, Japan implemented aggressive monetary easing to fight deflation and revive growth. The Bank of Japan’s asset purchases significantly weakened the yen, boosting exports but drawing criticism from trade partners who viewed it as a form of currency manipulation.
5.2 U.S.–China Trade and Currency Tensions
In 2019, the U.S. Treasury officially labeled China a “currency manipulator” after the yuan fell past the symbolic 7-per-dollar level. Although the label was later removed, it highlighted the deep-rooted suspicions surrounding exchange rate practices and the link between trade policy and currency valuation.
5.3 Emerging Market Vulnerabilities
Countries like Argentina and Turkey have repeatedly used currency depreciation as a policy tool, often resulting in runaway inflation and capital flight. These cases illustrate how uncoordinated devaluations can spiral into economic crises if not supported by structural reforms.
6. Policy Responses and Global Coordination
To mitigate the risks of currency wars, international coordination is essential. Several mechanisms have evolved to maintain monetary stability:
International Monetary Fund (IMF):
The IMF monitors exchange rate policies and provides financial assistance to stabilize economies under currency pressure.
G7 and G20 Frameworks:
These platforms promote policy coordination among major economies to prevent destructive currency competition.
Regional Arrangements:
Asian and European monetary frameworks (like the European Monetary System) have been developed to ensure exchange rate stability within regions.
Transparency and Communication:
Clear communication from central banks regarding policy objectives can help reduce market misinterpretation and speculative attacks.
However, in practice, such coordination is often difficult to sustain, as nations prioritize domestic growth over global harmony.
7. The Future of Currency Wars
The future of competitive currency strategies will depend on several evolving trends:
Digitalization of Money:
CBDCs and blockchain-based financial systems could shift competitive dynamics from traditional exchange rate manipulation to digital payment dominance.
De-Dollarization and Multipolarity:
The gradual emergence of alternative global currencies — like the yuan, euro, and rupee — could weaken the dollar’s monopoly, creating a more fragmented but competitive global system.
Climate and Economic Resilience:
Currency policies may increasingly align with sustainability objectives, as nations consider the long-term environmental implications of growth-driven devaluations.
AI-Driven Monetary Forecasting:
Artificial intelligence may enable more precise, data-driven currency management — reducing human error but possibly intensifying algorithmic competition.
Conclusion
The competitive currency war embodies the tension between national economic goals and global financial stability. While currency devaluation can temporarily stimulate exports and growth, it often triggers retaliation, inflation, and uncertainty — eroding trust in international systems. History shows that no country truly “wins” a currency war; all participants eventually bear the costs through reduced global trade, volatility, and weakened economic cooperation.
In the modern era, with digital currencies, AI-driven finance, and shifting geopolitical alliances, currency competition is evolving beyond traditional devaluation. The challenge for policymakers lies in balancing national interest with collective responsibility. Only through transparent policies, cooperative frameworks, and digital innovation can the world avoid sliding into another era of destructive monetary rivalry.
NQ Power Range Report with FIB Ext - 10/17/2025 SessionCME_MINI:NQZ2025
- PR High: 24858.50
- PR Low: 24740.25
- NZ Spread: 263.5
Key scheduled economic events:
08:30 | Nonfarm Payrolls
- Average Hourly Earnings
- Unemployment Rate
Session Open Stats (As of 12:45 AM)
- Session Open ATR: 391.21
- Volume: 43K
- Open Int: 283K
- Trend Grade: Long
- From BA ATH: -2.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 26020
- Mid: 23571
- Short: 21939
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Cup ComplexA different view. It's easy to see strong support and resistance on this chart.
The horizontal lines are cup rims. Where they congregate you will meet buyers and sellers.
When the PX comes down to a green Buy the Dip area and bounces I buy back a Pawn and start a new Pawn for a King trade. Typically, I will only buy it back if I get a minimum 200-point pullback.
Today I bought back several Pawns in the indicated area and pocketed $$$. I'm still holding several in case the PX goes lower. I also pocketed $$$ from the Breakout aspect of A Pawn for a King trade plan.
This is how it works -when it bounces, above the high of the bounce I sell one Pawn and Buy two Kings. Whether the PX goes up or down I will profit. As a bonus, I also pocket $$$ from BTD trades and Pivot trades.
I nearly always have several A Pawn for a King trades going on. Today I started a new one @ 12:50:35. Using a 2/1 ratio, I bought 2 @ 24840 and sold 1 @ 24839.5. Using a 19.5-point profit target, I had 7 profit-taking trades. (I also had 15 additional profit-takers earlier in the day, all from A Pawn for a King trade plan.)
The PX pulled back and I started a 2nd Pawn for a King trade. I sold 1 @ 24759.5 @ 14:43:41 and bot 2 @ 24760 @ 14:43:42. Using the same 19.5-point profit-taker I pocketed 4 more. .5 points above each profit-taker I buy 2 more. I climb the profit-ladder all the while having a Pawn to buy back. I try to get a 200-point pullback and bounce before buying back a Pawn. Sometimes I get more. Sometimes less (but not much less).
I hope all this detail doesn't make it sound complicated. It's not. It is very simple. Demo trade it and see for yourself.
For these trade plans view my prior published ideas. Make them yours. Demo trade them. Get good at them.
It's a very simple, profitable plan.
My mind glazes over when I write numbers. Hope I wrote them all correctly. If I flubbed, forgive me.
NQ 4H MSS and setting up for a potential 4H BOSWe’ve confirmed a 4H bearish market structure shift (MSS) and appear to be setting up for a bearish break of structure (BOS).
I’m watching for short setups on my entry timeframes — so far, the cleaner days have offered solid opportunities. I’m keeping my focus on scalps, as the market remains heavily news-driven, but I can’t shake the sense that a key event could trigger a liquidity sweep of the lows.
That said, this could just as easily be another classic NQ pullback before a strong recovery. I trade what’s in front of me, but this is my higher-timeframe perspective built from my lower timeframe analysis.
Time will tell…