Can the HOUSE be skilled and catch this Counter Trend SHORT...?CME_MINI:NQ1! “Never give up, never give in, and when the upper hand is ours, may we have the ability to handle the win with the dignity that we absorbed the loss.” -Doug Williams As I've been studying PA on the Daily TF, it seems as if we have finally hit exhaustion in the market for buyers as their job may have been complete. I was lookin at a Potential SHORT that the HOUSE may be able to capitalize on... Here's what I would like to see in PA in order to enter SHORT... 1) As 1Hr Demand Zones build up & Supply Fails, The first level of demand I need to see fail is pricing around ($18678.00) which would indicate the first sign that sellers may be present and could be ready to start the Market Correction... 2) Once we get the first 1Hr Demand Failure and we get confirmed candle closures underneath pricing ($18678.00), I want to see sellers push price down towards Daily Support Level ($18623.00)... 3) This is a very important Key.....Once we get to the Daily Support Level ($18623.00) There is a huge 1Hr indecision candle rii underneath that level that I want to see sellers push price deep into and have confirmed candle closures inside the 1Hr Candle and underneath Daily Support Level... ****I need to see sellers present with confirmed candle closures under the Daily Support Level on the 30m TF and below in order for to me place my limit... 4) If and when we can get the sequence of events to take place in PA then I will be compelled to go SHORT playing the retest of Daily Support Level pricing around ($18623.00) & targeting the resting SSL below / 1Hr demand zone EQ pricing around ($18490.50) roughly around 530 pts in our favor!! 5) This is a counter trend SHORT so we need to be very skilled in our approach... Lets stay focused!! *** Almost forgot Price needs to be trading underneath the RED V-WAP in order for me to enter SHORT as-well as a last min. cherry on top confirmation!! Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Step!! Stay Focused & Reach Excellence!! #BHM500K #NewERA #Champions Shortby TreyHighPwrUpdated 1
a short on nas100 seeing the bounce of the resistance zone I marked, looking for it to go back down to the previous support and retest or break it and going lower but Ill be monitoring it.Shortby EternalxlUpdated 0
NQ - trading session no.124:00pm - 5:00pm (session) I have now decided that only 4 trades per day is not enough --> up to 10 trades ig; Ill have to take a look at the max loss per day then tho overall a good day; learned sum stuff: - watch the overall size of pullbacks! - wait for the right conditions!!! PnL: +1 RRby GRBmlr1
nasdaq droolookign at the market today we haved made a new range, and we are in the top part of it. short today. entry 1 in blue, red stop, target green. entry 2 in blue (top line)., have fun Elektra 33Shortby Elektra330
NASDAQ**NASDAQ:** New all time high at 19.024. The forecast is for the pedestrian to descend to the bottom of the canal.Shortby simaoxceps0
NQ Seasonality is pushing us higherWe have to keep seasonality and mainly Higher Time Frame in mind and we should trade with it. one of many reasons is usually there will be LRLR (low resistance liquidity run) when we are with HTF Orderflow and Seasonality.Longby Keclikk1
ALL TIME HIGH IS COMING ON NQWe can see How beautifuly -D OHLC manipulation is overlapping with discount + H4 BISI (Buyside Imbalance Sellside Inefficiency) and THOSE TARGETS?? that is beautiful! -D OHLC Distribution + ADR + AWR + AMR!! Longby Keclikk1
NQ1! - BUY Vix is down Pattern Bullish Key Points Federal Reserve Rate Cuts: Anticipated rate cuts in the second half of 2024 are expected to boost market liquidity and support stock prices. Tech Stock Performance: Projected 25% gains in technology stocks, driven by advancements in AI, are set to propel the Nasdaq higher. Election Year Boost: Historical trends of bullish stock performance during U.S. presidential election years support a positive outlook for the Nasdaq. Longby NZ_Shareman1
Going long on Nas100 FuturesTrading my funded account, going long on nas100 rn, we found a bit of a support where its at rn and Im looking for it to go back up and retest the previous break I marked Longby EternalxlUpdated 0
Possible HL MTR or 2nd Leg Channel tradeLooking for scalp of channel or best case major trend reversalLongby AgedvagabondUpdated 0
NQ - trading session no.114:00pm - 4:58pm learned some things today; maybe really only focus on pullback entries? PnL: +0 RRby GRBmlr1
Stock market analysisNo news today. The market should respect and not have any problems. That's the analysis for today.Shortby TheNightB1
Review of AM Thursday PA using ICT ConceptsReview of AM Thursday PA using ICT Concepts. Nice session offering multiple setups.28:24by Trader_Ptr0
NQ Power Range Report with FIB Ext - 5/24/2024 SessionCME_MINI:NQM2024 - PR High: 18696.25 - PR Low: 18678.00 - NZ Spread: 40.75 Key economic calendar event 08:30 | Durable Goods Orders Major decline prev session from ATH 19023.25 - Inventory settling at Tues - Wed lows - Front running 18600 pivot Evening Stats (As of 2:35 AM) - Weekend Gap: N/A - Gap 5/23 +0.23% (filled) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 230.77 - Volume: 25K - Open Int: 244K - Trend Grade: Bull - From BA ATH: -1.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 19246 - Mid: 18106 - Short: 17533 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
Plotting Lines into The FutureThe purples lines are lines I've plotted over two years ago. The orange and yellow lines are hard and soft support & resistance lines. The idea is that these lines are highly and precisely respected by price action and are great places for a bounce.by jevillanueva7trader0
Gap in chartWait for this gap to close and see if it will make mss (market structure shift). After that we can look for buy position.Longby TheNightB1
Short NQMy testing shows to sell NQ here. Possible 2nd entry if SL hit on first orderShortby Tn3310796Updated 1
NQ Long IdeaIt may be tough to find entries today, I like NQ for a retest of a premarket high.Longby AdvancedPlays0
UpdatedToday I think I'll look for a seal. Given how the market is reacting, I don't know if it makes sense to look for a buy.Shortby TheNightB2
Today's analysisGiven that we have formed all time high, I still think the market will be bullish. We have 2 high impact news which means I expect it to take buyside liquidity and go up further. Take care and be carefulLongby TheNightB1