Bullish Trend Continues -OTE SETUP NQ spikes off 8:30 News drivers (Jobless claims etc.) then retraces into a prefect OTE entry. Measures displacement with Fib retracement tool. Look for a long entry at .62% to .79% strike zone. deliveRED 90 PTSLongby dclemens561110
04/04/2024 $QQQ/$NQ tradetrade idea: - going into the AM session, we pushed higher and swept some time based liquidity formed during both NY PM session and London session. - seeing that we had a push into this liquidity following news, i drew a P/D range so that I could enter for longs, since the market was still overall bullish (i had a bullish sentiment). - heading into market open, we tried to push higher and couldn't, confirming that price is seeking to move down into a discount. - we had also formed 2 15 minute imbalances, in which the first (upper most) FVG was violated, due to it being in the premium and there was SSL resting below, as well as the other 15 min imbalance being present. - based off this, I wanted price to 1) respect the 15 min FVG and 2) show signs of displacement/formation of either FVGs or a mitigation block. trade execution: - we had some SSL that formed after breaking through the 0.5 of the range into the 15 min FVG, in which a 5 minute candle closed slightly below. - on the 1 min, we seemed to be respecting this and there was an impulse move up, confirming that this was a mitigation block, forming an FVG as well. - entry was in the 1 min FVG, first targeting some internal liquidity, then pushing higher into the external liquidity resting at the HOD. total profit: $30Longby n4than0
LONG NASDAQ100 - WaitingWaiting for this inefficiency to fill in the 15-minute chart feels like watching paint dry in a room full of traders—it's slow, tedious, and you start questioning your life choices. But hey, if this level holds, maybe we'll finally catch that elusive unicorn of a trade and ride it all the way to profit town! Who needs excitement when you've got the thrill of watching candlesticks form shapes that only a financial Rorschach test could love? Time to grab some popcorn and see if this chart decides to make us laugh or cry! SL just under this inefficiency. TP all the way at the top :)Longby MagicMelFXUpdated 1
Sells1. 4hr bearish tpd 2x 2. SSL 3. Imbalance below 4. Close to high of the day 5. FSH 6. 15 min ob (tpd 3x) Shortby brittnie441
My levels for today for NASDAQ100 As today's trading session kicks off, brace yourselves for the momentous unveiling of Continuing and Initial Jobless Claims at 8:30 AM EST – the financial world's equivalent of waiting for a jackpot lottery draw, except instead of winning millions, we're crossing our fingers for signs of a robust labor market. It's like watching a suspense thriller, except the suspense is whether the economy will thrive or take a nosedive. And let's not forget, this data drop is the opening act for tomorrow's star-studded performance: the Non-Farm Payroll (NFP) report. Will it be a blockbuster hit or a flop? Place your bets now, folks! But wait, there's more excitement! The Treasury's auction of 4 and 8 Week Bills is set to shake things up later in the morning. It's like an auction house, except instead of antique vases, we're bidding on short-term debt securities. Who said finance couldn't be exhilarating? As if that's not enough, get ready for a lineup of Federal Reserve speakers. Sure, most of them won't have voting power, but they'll be chatting away like it's a high-stakes poker game. Will they bluff or fold? Only time will tell. So, dear market participants, buckle up and trade with caution and discipline. Keep those eyes peeled for any curveballs these events might throw your way. And remember, in the wild world of finance, luck favors the prepared. Good luck out there – may the trading odds be ever in your favor! 🍀by MagicMelFX1
NQ Power Range Report with FIB Ext - 4/4/2024 SessionCME_MINI:NQM2024 - PR High: 18394.00 - PR Low: 18377.75 - NZ Spread: 36.25 Key economic calendar event 08:30 | Initial Jobless Claims Back inside prev week's inventory zone - Vol spike at session open up 90+ points - Holding near prev session highs, above the close - Another potential pivot off daily 20-32 Keltner avg Evening Stats (As of 12:05 AM) - Weekend Gap: +0.21% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 228.85 - Volume: 22K - Open Int: 260K - Trend Grade: Bull - From BA ATH: -1.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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 Longby mv3trader50
Nq should go down On my opinion nq is bearish and have to go down and swipe all of the liquidity below this low Its just my personal opinion not a signal Shortby noroozisina0
TPO charts showing the way in NQThe market profile for NQ showed us what to do today. We opened in a spike up from yesterday. When we got acceptance in and above there it was a buy and it nearly made it to the Monday POC. Its still a buy here at 18384 as we look to that POC at 18473, then the VAH at 18527 and finally, Mondays high 18607. Weekly and monthly chart are in a strong trend up and other timeframe buyers viewed yesterdays drop as a buying opportunity. Additionally, you can see how 18380 bisects the recent range. It has been a good make or break level for a couple weeks.Longby TrendDayTrading1
Sells1. FSH (daily) 2. 4hr bearish (tpd 3x) 3. 1hr bearish ob (tpd once) 4. SSL 1hrShortby brittnie440
Weekly outlook (Bullish market 5-3-5-3-5) long-termDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi796
NQ1! BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! Bearish trend on NQ1!, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 17699.50. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 114
NQ Power Range Report with FIB Ext - 4/3/2024 SessionCME_MINI:NQM2024 - PR High: 18347.75 - PR Low: 18324.75 - NZ Spread: 51.5 Key economic calendar events 08:15 | ADP Nonfarm Employment Change 09:45 | S&P Global Services PMI 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices 10:30 | Crude Oil Inventories 12:10 | Fed Chair Powell Speaks 170+ point break below prev week range - Dipping below prev session close, above the low - Below daily 20 Keltner avg Evening Stats (As of 12:05 AM) - Weekend Gap: +0.21% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 226.37 - Volume: 21K - Open Int: 257K - Trend Grade: Bull - From BA ATH: -2.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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 Shortby mv3trader50
NQ UpdateMarket has just been going sideways for over a month, probably a good time for a break, lol. Earnings season coming up, probably more whipsawby hungry_hippo5
Looking for buys 1. 4hr bullish (tpd twice) 2. Imbalance above 3. Overall buy 4. Low of the week 5. FSL Price went down to take the Daily SSL, waiting for next 15min candle to see what happens next. Also missed the descending channel that was spotted which an expected downward move to happen but the goal is to catch the retracement. Longby brittnie440
Can the HOUSE Capitalize on this Premium Pricing SHORT...?CME_MINI:NQ1! “The goal of a successful trader is to make the best trades. Money is secondary.” -Alexander Elder As we approach the start of a new trading week I hope that we all are in gr8 spirits! Now I have developed this High Probable Narrative going SHORT on NQ and below I will explain in gr8 detail my reasoning behind the narrative & what I want to see in order to execute the trade...Rock w/ me!! 1) As the Market opened back up today BUYERS came in strong and swept the descending trendline liquidity to the upside and is now trading around a Major Daily Resistance Level ($18588.50)... *** Now I want to see sellers reject this level and close under resistance on the 1Hr TF and below and this will be our 1st confirmation that we need. Sellers to hold and defend the resistance level around ($18588.50)... 2) If sellers reject the Major Daily Resistance level and we can get a big push back down towards the minor support level ($18491.00) then I want to sellers push and breakthrough the support level... Now this Level is very big because it is also inside a 4Hr demand zone & an even smaller 1Hr demand... So we will see how buyers defend these level of support/demand. Now if sellers come out on TOP with the strong hand & break the level of support/Demand then this will be our 2nd confirmation we need to see. ***I want to see sellers break the 4Hr&1Hr demand zone and minor support Level ($18491.00) with candle closure underneath on the 30m TF and down creating 1Hr CHoCh in price... 3) Now if we can see the following sequence of events take place that I stated above where price rejects the current Major Daily Resistance that it's trading around ($18588.50) and sellers hold and push price lower towards the key levels; Minor Support ($18491.00) and 4Hr & 1Hr Demand Zones...We will see if sellers can breakthrough these levels with strong conviction underneath pricing for me to consider going short... If price does in fact provide the following then I will gladly SHORT the retest of the Minor Support Level that failed ($18491.00) & TARGET the next Major Unmitigated 4Hr Demand Zone below around ($18334.50) roughly around 620 points...Also price needs to be trading underneath the Red Vwap as a last min. cherry on the top confirmation...It's always better to trade in favor of the V-wap...IMO 4) The HOUSE can easily capitalize on a +2.5-3R % Gain depending on your given management system... Always stick to the system, nvr argue wit it... Its put in place to protect yu from YU!! ***ALWAYS REMEMBER, nothing in the market is set in stone. We play the long-term game of probability. We simply are trading the reaction of what the market gives us... As the famous quote goes, "It is not the strongest of the species that survives, not the most intelligent that survives. It is the one that is the most adaptable to change." -Charles Darwin Lets have a gr8 week of Management!! +2.5-3R% Gain this week!! #BHM500K #NewERA Shortby TreyHighPwrUpdated 222
NQ Power Range Report with FIB Ext - 4/2/2024 SessionCME_MINI:NQM2024 - PR High: 18498.75 - PR Low: 18472.25 - NZ Spread: 59.5 Key economic calendar event 10:00 | JOLTs Job Openings Prev session closed virtual flat, wide range - Maintaining 2 week range Evening Stats (As of 12:05 AM) - Weekend Gap: +0.21% (filled) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 220.56 - Volume: 18K - Open Int: 259K - Trend Grade: Bull - From BA ATH: -1.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 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 by mv3trader50
LOOKING FOR SHORTLOOKING FOR A SHORT WIRH 1:2 RRR may reach for imbalace & run downwardsShortby Itsaatsh0
TRADING JOURNAL - 4.1.20244.1.2024 Initial AM Buy Setup Analysis (Buy Limit Execution) - Morning Analysis based on ICT's 2022 Mentorship.Longby nxthxnie1Updated 0
NQ - Much Clearer Sell-Off Than ESUnlike ES, I will be analysing the daily timeframe as NQ and YM are used to create my intermarket relationships between the indexes to trade ES only. SMT Divergence is a good strategy to use if only analysing ES, YM and NQ alongside DXY. Throughout the week has been slow and choppy with liquidity void being filled but we are still in a premium. A minor retracement down to equilibrium @ $18,357.75 would not ruin the overall bullish macro uptrend. My philosophy is simple... Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go. This includes; - Market Structure - Buyside/Sellside Liquidity - Order Blocks - Liquidity Voids - Fair Value Gaps - Optimal Trade Entry - Premium/Discount Array - SIBI/BISI - Many More! The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated. Credits; - Michael Joe HUDDLESTONE - Shawn Lee POWELL - Toray KORTAN Shortby LegendSinceUpdated 0
Possible entry for long Yestrday nasdaq skyrocketed when asia session opened london session is a rest session. Price might get some liquidity go pffff and break the current ath Longby Vavaroutas_King2
March and Bullish momentumThe month of March starts with the bullish momentum from the previous month Feb 2024. February closed with strength while creating a new ATH which I expect March to breach with ease. I will like to note: Monthly candle started on Friday March 1.2024 This is only of importance for the next sessions of intraday. Weekly candle has not closed yet. I will add and update this idea once the weekly candle closes. Still momentum should carry us above 18144.75 Lets take a look at our environment. Dollar's( CAPITALCOM:DXY ) inverse correlation to equities has not been too evident the last Month. Evident has been Dollars quick reprising after rebalancing lower levels. The quick reprising in this case is the continued push higher by price. You can take this as an unwillingness by "price" to go lower. Why is this important? Dollar value affect purchasing power. Futures Market: ES ( CME_MINI:ES1! ) Looking Bullish as well Expected to also take out 5123.50 YM ( CBOT_MINI:YM1! ) Also has a daily Bullish look But will keep an eye out for the weekly close since it is the weakest of the weekly profiles. ZB ( CBOT:ZB1! ) Looks like it is neutralizing the downward momentum and is attempting to roll. All around there are no signs that the Bullish momentum is changing -IT IS WHAT IT IS TILL IT'S NOT- I will still recommend to check with the idea once Friday closes. Once Weekly profile closes on Friday we will have more information about the possible time span of current movement. Longby JP_TruUpdated 3
Snatched some sellsAfter catching the buys, I had a 4hr bearish OB tapped into multiple times and knew a retracement would happen. Waited for entry, snatched my profits ! Shortby brittnie440