Had another great day trading Support and Resistance precision with Volume profile. I swear Volume Profile is like a cheat code for the markets. I want every trader to start learning and practicing this method!
The White arrows to the right side are KL's. 18700 YTD High, 17027 YTD Open and 16300 YTD Low. The white dash is Mid Level of YTD Range. 4/1 Post, we have hit lower target and my see some retracement back up, not looking for a KL 18590 retest. Use Yellow dots as targets for next move. Yellow diagonal TL is next retest and TLX 17867, may see sideways with slight...
CME_MINI:NQ1!
"Never let the fear of striking out get in your way." - Babe Ruth
I'm truly interested in going long on this asset... Being that Sellers dropped the Market off a Cliff...
When the market opened up on Sunday April 14th, 2024 last week Sellers held the stronger hand and dropped the market off a cliff... Pushing price all the way down into an...
The NASDAQ declined after positive data for the dollar, especially regarding inflation, and statements confirming no imminent interest rate cuts.
The second reason behind the NASDAQ's decline is Trump, who lost over $3 billion in a few days due to the drop in his media group's shares.
Another reason behind the NASDAQ's decline, in my personal opinion, is that...
Here are my levels after a few weeks off. Bullish trend was broken with the drop below the upward trendline. Now trading below key emas. Green box represents important support as price pulls back to key fibs and the 200 sma. Watch for outsized move in either direction due to option volatility. Bounce back into the ema cloud or break of support are equally...
Sure, here's the corrected text:
We see the price bouncing from Mon 10 OCT '22 after a year and a half of bearish market and going directly to retest the all-time high on Mon 22 Nov '21 again by MON 22 JAN '24. However, it starts to move towards a new all-time high, but with limited liquidity hindering further price increase. We've already witnessed a significant...
This week, DXY TVC:DXY (US Dollar Index) may see accumulation as investors monitor economic data for signs of inflation and Federal Reserve's stance.
NQ CME_MINI:NQ1! (Nasdaq 100 Index) might fluctuate amid tech earnings and global uncertainties like geopolitical tensions and inflation fears.
I will closely watch these indices for market cues in coming week.
The Nasdaq has reached an intriguing point around the 17200 area, where it sits at the 61.8% Fibonacci retracement level from the previous swing low. Price action appears to be responding to this level on lower timeframes, and we've also observed a divergence on the RSI indicator on the H4 timeframe, coinciding with the price attempting to move out of oversold...
I think we are in a daily rang at the top of the trend, market created new ATH recently but didn't close above the last one so I think market needs to go down to take more liquidity and resume trend
Trading doesn’t have to be overly complex. Many newcomers to the trading world often feel overwhelmed by the multitude of strategies and indicators available. To address this, I’ve streamlined the process by focusing primarily on volume as the cornerstone of my trading strategy. Volume is a powerful indicator that reflects the strength of a market move, and by...
I guess the daily had to go oversold during market hours, not during Asian hours. Looks like a double bottom
Went long again on the drop, but no tech stocks. Brazil held strong on that drop, I've got some EWZ calls for next week. Had sold it once and bought back for a bit cheaper, it didn't drop much when the US market dropped. I rarely trade US index fund...
Hello,Friends!
NQ1! pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 17886.00 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
With minor accumulation, huge manipulation up to 18,350.75 during Mondays trading NQ closed out, distributing below the weekly sellside @ 18,004.50, trading into the daily bullish order block plus liquidity void which seems to be respected today @ 17,837.25 - 17,802.25.
Today is supposed to be a volatile day with 9 red folder events and 7 gold folder events which...
Pitchforks to generate signals - in this video I share how to pull pitchforks on the daily chart, drop down to the 1hr and 15m, and use price stability and wicks to create buy/sell signals - pitchforks often capture major pivots and areas of price stability. Try it out and let me know if you need help with the idea.
I suggest playing with different levels and...
Gone private but still here grinding everyday.
Im expecting a weak NQ NAS NASDAQ NAS100 whatever you want to call it.
Short story is buyside purged and HTF bearish delivery. Long story is yet to be told via lower time frame price discovery expression. My bias is to the downside.
Target is a standard deviation of the opening price projected below the open...
Similar to ES, NQ witnessed a massive sell off; close to 1000 handles meaning that if you had 1 contract running from last Thursday’s high and closed out at the bullish daily order block @ 1789.75, you would have booked close to $20,000. Many professional traders are trading with 5, 10, 15 contracts and yes, although taking profits is very important, I am sharing...
