1h trading session / 4.30pm - 5.30pm gotta learn some stuff: -dont move SL / TP -dont trade if it doesnt look good -no consolidating trades -watch the volume and momentum! -be flexible with trading times (4.30pm - 8pm) -dont cut the risk PnL: +0.5 RR (I cut the risk) possible: +3 RR
CME_MINI:NQM2024 - PR High: 18237.25 - PR Low: 18215.75 - NZ Spread: 48.0 No significant economic calendar events Closing with week with another low vol session open - QQQ holding same daily gaps - Prev session inside print - Holding near prev session and week highs Evening Stats (As of 1:45 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) -...
NQ has been chopping as of late with ES, but looks like it has a chance to breakout soon. I have to expect the range will hold until it doesn't, but here's some paths if it happens.
price indeed dropped like i said it would i dont know if it will go higher or lower i want it to go lower but im not holding a bias
CME_MINI:NQM2024 - PR High: 18176.00 - PR Low: 18153.25 - NZ Spread: 50.75 Key economic calendar events 08:30 | Initial Jobless Claims 13:00 | 30-Year Bond Auction 2 unfilled QQQ gaps below 5/6 & 5/3 ranges - Another virtually flat close for prev session range - +80 points above prev session low, below the close - Low vols remain Evening Stats (As of 12:05...
CME_MINI:NQM2024 - PR High: 18204.25 - PR Low: 18180.75 - NZ Spread: 52.5 Key economic calendar events 10:30 | Crude Oil Inventories 13:00 | 10-Year Note Auction Prev session closed virtually flat - Holding inside prev session range - Near Monday's high - Potential daily pivot off 18300 zone - Another low vol session open Evening Stats (As of 12:25 AM) -...
Link to chart:https://www.tradingview.com/chart/vYaceW5a/?symbol=CME_MINI%3ANQ1%21 As noted from yesterday's post, 4HR supply above near 4/5POC held strong as resistance.. Looking for a push lower coming into 5/8. Bears target is the 5/7 VAH where the 1HR demand level sits and pivot However, with strong enough momentum a squeeze to 18144-130 looks good where...
TF: 6 Hr Price has made a nice correction of the recent impulse move down to ~$17,100. Price has recently been rejecting the 0.786 retracement of the move down. The 0.786 retracement also aligns with the POC of the impulse move down. Price could be setting up for a correction or price could also be setting up for another impulse move down, however, I think at...
CME_MINI:NQM2024 With an EOD rally the bulls made some major progress in the NQ today. The late day push brought us back inside this massive 52 day balance we formed, starting in late February and spanning all the way to the second half of April. We not only pushed back into value, but we were also able to work our way above the first critical LVN, as we look to...
NQ is setting up well for a long or a short opportunity. Looking for NQ to fail at supply and retest the trendline it just broke above for a long or for it to fall back below that trendline and fail on a retest for a short.
NQ Futures could be trying to setup an ascending triangle to catch bears short at the bottom with major upside potential with a breakout and confirm. Will almost certainly coincide with data/news that will either play out a bear trap or a bull trap on the same timeframe for the next let the market takes. Often these patterns forming at the bottom of a range end...
My thoughts on NQ for tuesday trading. -We have closed above the daily fvg so that fvg will act as support. -The sensitive lvls are the high and upper 75% lvl and the MID -iI would anticipate London or new york to create the low of the day -We also have that 1 HR OB that can act as supprt
CME_MINI:NQM2024 - PR High: 18193.25 - PR Low: 18175.25 - NZ Spread: 40.0 No significant economic calendar events Continuing daily value climb - Opening in relative tight range inside NZ - Holding prev session highs below the close Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 326.30 - Volume: 14K -...
Link to chart: www.tradingview.com Incorporating volume profiles from multiple TF (session vol. profile) to find previous day's VAH/VAL/POC and how we can potentially react off of them. With S/D zones, it can show as support/resistance for certain levels and aligning pivot points as 3rd confluence for potential influence of strong priced levels. Still working in...
Similar to ES, NQ has been relatively choppy throughout the last trading week with liquidity voids popping up in the daily timeframe from Tuesday going into Wednesday, Wednesday going into Thursday and Thursday going into Friday with even a bit of a void in Mondays opening compared to Fridays Close. In relation to running buystops, NQ has not dealt that much...
Nasdaq 100 has fallen by 8.53% since its previous high. The market has now created a new higher high and higher low signalling strong bullish momentum. If price can stabilise above 18608, we can see price target all time highs.
Price has reached upper resistance with MACD divergence. If price breaks the fast MA and most recent pivot low -- taking a short to at least the median line.
Using the attack plan of ICT mentorship 2022, after today's analysis the market would be bearish due to the gap on the daily. after we took the buyside liquidity area, we waited for a break in the market structure and after that we should look for a gap where we will execute the trade.