A+ setup clean price action,short NQweekly SSMT,5min breaker block entry,target on new week opening gapShortby LINUSFX30000
NQ Long Using Fib Retracement, Order Blocks, Price ActionTook a long on NQ. Before taking this trade on NQ I saw it retested in inbalance zone but waiting to go long to see where price action will hit on Fibonacci retracement. I saw price action hit a 0.382% Fibonacci level indicating a strong trend to the upside. Aiming my TP at an Order Block that is shown on the 15min, 30min, and 1hr time frames. Based on the Smart Money Concepts or ICT, price will fill the liquidity of the OB but I will play it safe and aim half way of the Order Block. My entry is the green arrow, My stop loss is the red line, and TP is the green line. Will see if my prediction is correct! Indicators used to to take this Long Position are - Fibonacci Retracement - Retesting of Inbalance Zones, FVGs, etc.. (ICT or Smart Money Concepts) - Price Action - Support & Resistance Longby Tradedailywithseb0
Nasdaq Idea - Short MNQ 17332Rationale: Internal Resistance High: The internal resistance high at 17322 serves as a critical level where selling pressure is likely to intensify. Traders can capitalize on this level by initiating short positions, anticipating a reversal in price action. Session Timing: The trade idea is particularly relevant during the Asian and London sessions, where liquidity and volatility are generally higher. This timeframe enhances the effectiveness of technical levels like the identified resistance, increasing the probability of a successful trade. Risk Management: By placing a stop loss at 17355, traders can limit potential losses in case the market moves against the anticipated direction. This disciplined approach to risk management ensures that losses are kept within acceptable limits. Conclusion: In conclusion, the MNQ presents a compelling short opportunity during the London session, with the internal resistance high at 17322 serving as a key level for traders to monitor. By entering a short position near this level and implementing appropriate risk management measures, traders can potentially profit from the anticipated downward movement, targeting 17260 as the initial objective. This analysis is valid for trading on April 22, 2024, and aligns with the prevailing market conditions and technical dynamics. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Traders should conduct their own research and consider their risk tolerance before executing any trades.Shortby SujithVijayan111
NQ Power Range Report with FIB Ext - 4/22/2024 SessionCME_MINI:NQM2024 - PR High: 17263.00 - PR Low: 17196.00 - NZ Spread: 150.0 No key economic calendar event Volatile open creating relatively wide range - Holding above Friday's close - Value declined back to Dec-Jan range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 4/18 +0.04% (open < 17665) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 291.55 - Volume: 37K - Open Int: 267K - Trend Grade: Bull - From BA ATH: -7.7% (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
NQ1! - Touch 'N' GoWith 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 is supposed to induce liquidity into the market by sweeping stops. Retracement up to the daily bearish order block @ the 18,100 region is an acceptable relief rally. 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 KORTANLongby LegendSinceUpdated 2
Nasdaq Weekly Analysis 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 bullish move, and it's time for the market to correct itself. We've observed a weekly candle breaking the market structure forcefully towards the order block from Tue 02 Jan '24 and breaking the 50% retracement level from Mon 23 Oct '23 low to the all-time high. We anticipate the price to continue being bearish to shake out buyers and accumulate new liquidity if we aim to reach a new all-time high. Our focal point in the NASDAQ for the 2Q is the breaker from Mon 24 Jul above the 50% Fibonacci level of the bullish leg and between 0.6/0.7 of the Fibonacci level to turn bullish. Breaking Mon 23 Oct '23 liquidity support would put us in a significantly bearish condition.Shortby Deotrade13
NQ - Great move off the weekly 1.27 Fib targetIs a hold above the 16768 area in the cards this week? Or is this the beginning of a move to 13650 at the weekly .618?by dmeads0
daily range interpretationI 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 trendShortby AkthuriUpdated 443
NQ Nasdaq futures: There is a possibility of a selloff looming. NQ Nasdaq futures: There is a possibility of a selloff looming. On the daily chart we have the first ever volume spike in a long time, thats why i believe we are headed down. Shortby Fine20770
NQ1! morning updateI have one completed impulse down from the ATH at 18709.00. This impulse started with an expanding leading diagonal and finished at 17181.75. Bulls (green) see this an A wave, and bears (red) see this as wave 1. Bounce off low tagged the 23.60% retracement with a zigzag and then found a new lower low. With this I see two possibilities: either we start forming more impulse waves down or price moves back up towards 17553.25 to form a flat corrective structure.by discobiscuit0
NAsdaq My Nasdaq 3M view #Nasdaq #NASDAQ100 #stockmarkets #StockMarket #stockMarkettrade #trader #technicalanalysis $nq1 #nq1 SEED_ALEXDRAYM_SHORTINTEREST2:NQ Shortby awakensoul_3691
Simplified Trading - NQ - 4/19 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 concentrating on this single aspect, I simplify the decision-making process for myself and others. I plan to share this simplicity through charts that highlight 15-minute key levels across various asset classes. These charts will serve as a visual guide to identify significant support and resistance levels, making it easier for new traders to understand and follow. Remember, this is a personal approach and not financial advice. Always consider your own research and risk tolerance when trading.by QuantumEdgeAnalytics114
NQ UpdateI 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 options because the payback is better with EWZ.by hungry_hippoUpdated 7
two areas to stop the NASDAQ's declineThe 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 the companies listed under the NASDAQ index are preoccupied with internal production, and this is not the time to introduce new products to the market. Therefore, we expect profits to gradually return to companies listed under the NASDAQ index in the coming months, especially after July. From a technical standpoint, we are below a very strong line that was breached from the 18350 area, and also above a very strong and pivotal upward trend line. If broken with a daily candle, we will see the NASDAQ once again at 14500. The pivotal line is approximately in the 16350 area in purple on the chart. We have two areas to stop the NASDAQ's decline further: First, ranging from 17206 to 17117. Second, ranging from 16594 to 16270. Breaking the first area means transitioning to the second area. Breaking the second area means penetrating the strong daily pivotal trend. Stability of a daily candle below it means the NASDAQ reaching 14500. Best of luck! by Hejaaa7
Daily Demand Mitigated are we ready to go LONG...?CME_MINI:NQ1! “I really think a champion is defined not by their wins, but how they can recover when they fall.” - Serena Williams Yo Family I have been studying NQ like a MAD man waiting for the right HIGH PROBABLE SET-UP...I believe that time has finally come... Below I will break down in gr8 detail as to why I believe we can potentially catch a nice LONG play....Here's why rock w/ me! 1) Since the Market open on SUNDAY, we have seen nothing but bearish activity this whole week with little to no entry for the BULLS to participate... Now that the move has been complete IMO>>> for sellers to Drop the Market and Mitigate the HTF's Weekly & Daily Demand Zones we could be ready to finally catch a Market Trend LONG... 2) I am going to execute this trade on the lower TF's 30M & Below...This is what I want to see in order to enter the market LONG... 3) Being that price has officially entered the HTF Weekly & Daily Demand Zones that doesn't mean that we are ready just yet to go long... There still could be mitigation of lower prices into the demand zones and then buyers may be ready to commit.. This is all about patience Fam!! Lets stay focused!! 4) In order for me to enter this PLAY LONG, I need to a see sweep of the low on the 15m (Wick Preferably) and a 15m CHoCh of the high with a confirmed candle closure above.... Once I can get this I will choose the most recent 15-5m level of Demand cover the low for my stop and target the unmitigated 1Hr Supply Zone above... ALSO before we enter the market LONG, price needs to be trading above the Green VWAP as a last min. confirmation as its always a higher probable to be trading in favor of the VWAP... Now lets sit back N stalk like the saltwater CROC!!! Its time to reach Excellence!! -Management500K #BHM500K #NewERA #Champions Longby TreyHighPwrUpdated 1
NQ1! afternoon updateBullish count in green, bearish count in red. Completed impulse off high of 18709 to low of 17181.75. Impulse had expanding leading diagonal to start. Bulls looking for B wave in 17765.25-18261.75 area. Bears may already have the 2 in at 17553.25. If low of 181.75 holds, bears looking for the 2 no higher than 17854.by discobiscuit0
NASDAQ E-MINI SHORT PLAYPlaying this off the bearish momentum and induction retracement back up to HOD for a short to sell off heavy today. Stay Vigilant! Anything can happen. Use proper risk management! Shortby FlatWorldForex0
NQ UpdateDaily RSI hit oversold yesterday on teh Israel bomb drop, RSI not longer oversold on 3hr because of the rebound. MFI still oversold. Probably a whipsaw day because of NFLX earnings. Gonna opt to just sit out until Monday, and figure it out thenby hungry_hippo4
NQ UpdateRSI hit oversold, MFI buried in oversold territory. If it wasn't for he situation in the middle east, I'd go long right now. I just don't care to hold a long position overnight, the probability of an Israeli attack increases daily. Plus I figure they'll attack on Friday (Muslim holy day) since Iran attacked on Saturday (Jewish holy day). Also, NFLX earnings AH todayby hungry_hippoUpdated 8
NQ Power Range Report CORRECTION - 4/19/2024 SessionCME_MINI:NQM2024 - PR High: 17543.00 - PR Low: 17520.00 - NZ Spread: 51.5 Evening Stats (As of 1:55 AM) - Weekend Gap: N/A - Gap 4/18 +0.04% (open < 17665) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 301.12 - Volume: 144K - Open Int: 260K - Trend Grade: Bull - From BA ATH: -7.0% (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-M2024: Q2 positional short trade setuphello TradingView members, after all kinds of analysis done, when possible future events taken into account, now it is time to translate into risk management analysis and bias. this is related only to the current leg, we may go lower than the target as long the stop-loss is not triggered. the idea is about sharing this setup is to allow also others to consider a possibility, to think about a scenario that may mature into the right trade setup. do not treat the whole as holy bible but as risk management practice for a bias. it is just an idea. personally, I do trade this setup also in narrower time frames and I would scalp in addition during the process, but each person has own strategy and own approach to the market and trading the market. feel free to comment, try to do that in a productive manner, so the oversight over this idea would allow fine tuning and improvements. let us see how the market to show this setup in a hindsight. again, feel free to comment and to contact me directly. sincerely, all the best, FlukeShortby FlukeTradingUpdated 14
NQ Power Range Report with FIB Ext - 4/19/2024 SessionCME_MINI:NQM2024 - PR High: 17543.00 - PR Low: 17520.00 - NZ Spread: 51.5 No key economic calendar events Heavy selling through prev session - Below prev daily supply, 17400 - Found inventory response inside mid Jan range - Establishing value between 17240 - 17390 Evening Stats (As of 1:55 AM) - Weekend Gap: N/A - Gap 4/18 +0.04% (open < 17665) - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 301.12 - Volume: 144K - Open Int: 260K - Trend Grade: Bull - From BA ATH: -7.0% (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 mv3trader51
NQ DailyMuch like ES, NQ daily is not oversold yet. Everything says wait until next week. NFLX beat, but guidance wasn't all that great. Red AH. by hungry_hippoUpdated 117