NASDAQ (NQ1!): Started Retracing Last Week. Will It Continue?Welcome back to the Weekly Forex Forecast for the week of Aug 18 - 22nd.
In this video, we will analyze the following FX market: NASDAQ (NQ1!) NAS100
The NASDAQ reached ATHs Tuesday, and retraced for the rest of the week. Will there be some
follow through to open next week? Wait for the market to tip its hand and show you strength or weakness.
If the highlighted +OB fails, look for sells.
If the OB holds, buys until a bearish BOS takes place.
Enjoy!
May profits be upon you.
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I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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NQQ1! trade ideas
Gap Fill & Reversal Long IdeaI am anticipating a strong move through the August Monthly Open, with price sweeping the lows and targeting the 4H gap at 23,303.50. Once that level is tagged, I’ll be watching for signs of a reversal, ideally an inverse head and shoulders formation to shift bias back to the upside.
My target: a clean push toward the NDOG zone at 23,478.00
NQ short After yesterdays big move lower into the US open driven by under performing mega cap stock and possible profit taking ahead of Jackson Hole later this week, we've broken through the previous uptrends confirmed higher low and have left behind some nice levels to retrace back into.
Well confirmed hourly trendline
Low volume area and previous support turned resistance
Fibonacci retracement 50-61.8%
Lower timeframe entry/trigger (TBC)
This trade would need to be taken with caution and fairly strict in-trade management as price has entered a slightly higher TF fib retracement against the trade direction
Would only be looking to enter the trade if a clear entry point is provided and broken. This could be the break of a counter trendline or preferably the breakout of a 5min higher low and a retest of a short term fib retracement
NQ Power Range Report with FIB Ext - 9/3/2025 SessionCME_MINI:NQU2025
- PR High: 23387.75
- PR Low: 23335.25
- NZ Spread: 117.5
Key scheduled economic events:
10:00 | JOLTS Job Openings
Session Open Stats (As of 12:25 AM 9/3)
- Session Open ATR: 305.21
- Volume: 29K
- Open Int: 276K
- Trend Grade: Long
- From BA ATH: -2.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 24382
- Mid: 23239
- Short: 22096
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
NQ = September There are 4 candles which create 6 levels.
3 levels are found in Distribution Ranges. The other 3 found in Accumulation ranges.
A Range is 2 or more consecutive candles of the same color.
The first distribution candle in the range is referred to as the "BackSide" candle. This is because is it behind the FrontSide candle.
We mark the top of this candle (wick or body) with the horizontal ray tool,
color it based on the timeframe color code, label it BS for BackSide,
select the line type then organize it's visibility based on timeframe to keep chart scrolling neat. *part of mental analysis and have a clean chart, clean mind, clean desk while in the zone.
The last distribution candle in a range is the "FrontSide" candle. It contains the last two levels. We mark the top of the candle (wick or body) with the horizontal ray tool, label it FS for FrontSide, color it based on the timeframe color code, select the line type and timeframe visibility.
The SwingLow is marked with a horizontal ray tool on the bottom of the FrontSide candle. Mark the wick, not the body. These levels I only mark with solid lines because the represent the boundary of the range.
Once price gets inside a range, it likes to bounce inside of it, testing its fractal ranges on other timeframes. Sometimes we'll see a 4hr level bounce to a 4hr level. Othertime's price stops after a 4hr level at 1hr level (plus 1, minus 1 theory) maybe we'll see it this month.
Happy September
Futures - Commodities / Financial: Nasdaq case (MNQ)+ Strong overnight support zone / ask increasing in volume at the zone. Contrarian trade.
Standard approach:
Applying A+ setup, volume profile (high volume nodes, low volume nodes day and intra-day and possibly extended to swing probability), smart money concept, numerical volume buy/sell side. trend confirmation, tick charts.
NQ - Sept 2, 2025 - 11AMWere moving lower. Trend lines broke, strong selling overnight.
FUNDAMENTALS: ISM manufacturing came out weak, employment weak but prices were also lower which is a good sign for inflation. Thursday we will get ISM-Non manufacturing data & Friday we will get Non-Farm Payrolls (NFP). This should let us know if we get a rate cut in September.
TECHNICALS: Trend lines all broke, were slowly grinding lower. NVIDIA has been seeing some profit taking since the last earnings a few days ago. Levels to watch in NQ! will be 23,000 and if we can break that, than 22,775.
Good trading!
NQ: 424th trading session - recapGood day today, atleast price action wasn't ugly - it just was not on my side. But that's OK since I am developing something and overall just expanding my knowledge - also gotta focus on the bulls obviously, since when I trade bearish identifying bullish movement and understanding it as well as I do twith the bears could help me making better decisions
NQ Power Range Report with FIB Ext - 9/2/2025 SessionCME_MINI:NQU2025
- PR High: 23509.50
- PR Low: 23461.00
- NZ Spread: 108.5
Key scheduled economic events:
09:45 | S&P Global Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
Typical strong volume following long holiday weekend
- Contract expiration month
Session Open Stats (As of 12:25 AM 9/2)
- Session Open ATR: 297.15
- Volume: 114K
- Open Int: 279K
- Trend Grade: Long
- From BA ATH: -2.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 24382
- Mid: 23239
- Short: 22096
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
August 2025 pnl
This month I ran 3 algos on the micro futures (MES & MNQ).
Z-Score Strategies (MES + MNQ)
• 25 trades in total
• 60% win rate
• Net P/L: $294 after fees
→ These trades showed steady performance, leaning on consistency with solid risk/reward.
MNQ DVD Strategy
• 8 trades total
• 50% win rate
• Net P/L: $237 after fees
→ Fewer trades, but higher expectancy ($31 per trade) — when this one hits, it pays well.
📈 Takeaway:
The Z-Score setups gave more consistency, while the DVD algo added bigger pops per trade. Running them together balances steady gains with higher payoff opportunities.
NQ – NFP Week Setup: Premium Distribution & Bearish IntentGoing into NFP week, the market is positioned in a premium array, trading above equilibrium. The recent attempt to push higher failed with a swing high left behind – an inducement that sets the tone. (a later target i would say)
We now have a buy-side rejection and displacement lower into sell side delivery. Price is hovering just up around equilibrium , with 2 inefficiencies overhead serving as potential rejection points.
I expect that the Bearish target will be taken close before or at NFP.
If Bullish target is taken first I would re-assess.
NQ & ES Premarket Comment 01-09-2025Good morning everyone, and happy new month,
We are currently trading in a discount zone, so I will be looking for long opportunities if price shows support at the key levels I have highlighted on the chart. If that support does not hold, I will remain on the sidelines — I will not be searching for shorts, as I do not feel comfortable with the current positioning of price.
📊 Possible Support Levels (S) and Possible Resistance Levels (R) have been marked on the chart to guide today’s trading outlook.
Wishing you all a successful trading session.
⚠️ Disclaimer: This analysis reflects personal market observations and is for educational purposes only. It does not constitute financial advice.
#202535 - priceactiontds - weekly update - nasdaq e-miniGood Day and I hope you are well.
comment: Neutral. I see the current range from 22800 - 24069 and the middle of it is 23460ish and we closed right at it. Bears can argue a head & shoulders on the daily chart and bulls still have two decent bull trend lines going for them. I don’t think around 23500 you can have any edge. I’d like for this to not hit 24k again but the odds for that are low. Best to wait.
current market cycle: bull trend
key levels for next week: 22700 - 24100
bull case: Bulls got a new ath and the market is overdue for a pullback but that does not mean we will get one. Bulls are still in full control as long as they keep the market above 22800. Having said that, it’s overdone, overbought and we are likely at the peak of the bubble.
Invalidation is below 22780
bear case: Bears need to do more. Anything below 23000 would be a start. That would break both trend lines and opens the possibility for 22000 over the next weeks. For now I don’t think it’s good to sell around the midpoint of this triangle.
Invalidation is above 23800
short term: Neutral around 23500. Same as last week.
medium-long term - Update from 2024-08-10: 22000 likely to get hit this year gain. 20000 seems a bit much for 3 months left.
NQ - August 29, 2025 - Before the openThe trend is your friend in my opinion. Dips keep being bought.
PCE came out inline with expectations this morning. We sold off overnight but I expect this to be bought back. Were waiting for employment data next week to see what happens with the FED.
Good trading!
NQ Power Range Report with FIB Ext - 8/29/2025 SessionCME_MINI:NQU2025
- PR High: 23550.25
- PR Low: 23498.00
- NZ Spread: 116.75
Key scheduled economic events:
08:30 | Initial Jobless Claims
- GDP
Session Open Stats (As of 12:25 AM 8/29)
- Session Open ATR: 285.83
- Volume: 26K
- Open Int: 278K
- Trend Grade: Long
- From BA ATH: -2.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 24382
- Mid: 23239
- Short: 22096
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