Lovely Ascending Wedge in NQ Futures.We had a failed breakout in this wedge recently and price ran right back to it. I'll be looking for a long or a short depending on which direction price breaks.
NQH2022 trade ideas
My Trading Journal #3Hi guys, this is my vision for today, targeting the ASIA low.
Have a great day !
Not Forcing” in Trading: Lessons from Alan Watts“Not Forcing” in Trading: Lessons from Alan Watts
Alan Watts, the renowned philosopher, often spoke about the art of “not forcing” and going with the flow of life. This principle applies not only to personal growth but also to trading. Here’s how his teachings can help you master the mental side of trading:
1. Let Go of Control
Alan Watts famously said:
“Muddy water is best cleared by leaving it alone.”
In trading, this means avoiding the urge to control every market movement. The market moves independently of your will. When you stop forcing trades and chasing setups, clarity emerges. Trust your strategy, and allow the market to reveal its opportunities.
2. Flow with the Market
Watts often emphasized the concept of “wu wei”—effortless action or aligning with the natural flow. In trading, this translates to moving with the market rather than fighting it. Forcing trades out of impatience or frustration is like swimming against the current; it drains your energy and often leads to losses.
Instead, adapt to the rhythm of the market. Wait for high-probability setups that align with your strategy and execute with ease.
3. Detachment from Outcome
Watts believed that happiness comes when we let go of attachment to specific outcomes. In trading, obsessing over wins or losses leads to emotional decisions. By detaching yourself from the results of individual trades, you can focus on the process. A trade that follows your plan is a success, regardless of the outcome.
4. Patience and Presence
Watts taught the importance of living in the present moment. Similarly, trading requires patience and presence. Don’t rush to anticipate the future or dwell on the past. Every moment in the market is unique—focus on what’s happening now instead of forcing trades based on assumptions.
Key Takeaway
Alan Watts reminds us that success comes when we stop forcing and start flowing. In trading:
• Let go of the need to be right. Focus on your edge.
• Align with the market. Trade only when the conditions are right.
• Be patient. The best opportunities come naturally, not through force.
As Watts said:
“The art of living… is neither careless drifting on the one hand nor fearful clinging to the past on the other. It consists in being sensitive to each moment.”
Apply this wisdom to trading, and let the market come to you.
What do you think? How do you apply the principle of “not forcing” in your trading? Let’s discuss below!
NQ ShortsNQ Shorts for December?
HTF Buy Side Liquidity taken on the 1 Hr, followed with a Market Structure Shift and 50% retracement (coupled with iFVG at 78.6%).
I’ll be looking for setups in my Macros next week if price delivers to the area mentioned above.
November 28th-29th, 2024: MNQ ShortMNQ Short Position:
Entry Price Range: 21130 - 21260
Take Profit (TP): 20960
Action: Close all positions at the TP point and protect your trades. Be sure to set stop-losses for each position you open.
Note: Since we are at the last day of the month, the market may quickly turn bullish after reaching our target. Stay alert and manage your risk. I am trading MNQ February contracts if you are Trading MNQ December please find the entry related to these candles.
This is my trading idea—please conduct your own due diligence before acting. Feel free to add your comments below and make sure to follow me for more updates!
November 26th 2024 - MNQ Short MNQ Short Position:
Entry Price Range: 20960 - 20985
Take Profit (TP): 20840
Action: Close all positions at the TP point and protect your trades. Make sure to set stop losses for every position you open.
This is my idea—please conduct your own due diligence. Add your comments below and make sure to follow me for more updates!
NQ GAPFILLGood Morning traders
According to a report discussed on the r/FuturesTrading subreddit, the NQ (E-mini Nasdaq-100 Futures) fills the gap approximately 77% of the time on Mondays.
Don't forget to follow
Deep pullbackexpecting NQ to do a deep pullback to 16k if the monthly candle cant close above that level I have then I wanna see it pullback
Whyi can say "Pivot by morning" at R6I wanted to explain to people how this is possible... notice how todays pivots are calculated with yesterday in mind in such a way to get us to pivot easily.
I have said this, in similar situations many times, so far it has always worked.
This also means we don't have to only short from R6 (or maybe even R10 (TSLA) )... we can go higher because there is room now.
NAS SPECULATION FOR WEEK OF 25NOV'24this is my sunday analysis for the new week. lets see how it plays out. wish you a successful trading week.
NQ - Nasdaq struggles. The weekly reveals itSee the support NQ had?
Super nice how the the Medianlines and the A/R set reveals it. But now there is some trouble in the Kitchen.
After reaching the white Center-Line, price is struggling to punch through the orange U-MLH.
If price can't fight ti's way through this resistance, it will turn south - probably very sharp.
To me, this is a cheap Short.
If I'm wrong, so be it, it's just one of 1000s of trades. But, it's a offer I can't reject §8-)
NQ Range (11-18-24)So far the YE Forecast post is holding true. The NAZ did take 1st move higher (Election & Fed Day), any Gov't related news/event usually move Up 1st. The drop back down will need to stay above 19,890 (U Turn Zone) and strong short under. The 3 white TL's are what to look for and use opposite direction trades near these. Remember, Holiday weeks and December generally will try to move up as these are lower trading volume days. Any significant drop will most likely be redirected during the period. 1st Q 25 may be a clean out of Rigged Froth.
MXMM Short IdeaAs for my first post, I would like to share my favorite short setup using the Market-Maker Model, as we can confirm, the PDH market as my External Liquidity was swept reaching into my Higher Timeframe Point of Interest. As for my Strategy, I would want the price to drop down into lower lying Hourly Fair Value Gaps.
-T-
Nasdaq100, will it make double top in the new highs?so, nq100 has completed a nice upward trend making new highs and made a small pullback to the .786 just below the previous high.
However, the previous high at around 20,900 didn't quite played as support after latest breakup. As i read it, the bulls a bit weakening this time, giving the players conditions (nvidia\ google\ etc)
therefore, even if it break the current resistance and make the 21,300 as it next target, i would be cautions about its next moves
My Trading Journal #1 - MNQHi guys, I'll be putting together my trade diary here with the analyses for day trade operations in MNQ, I hope it helps you in some way.
NASDAQ FUTURES COMPRASNasdaq buys in branded areas due to price action, good and clean areas according to the strategy, I would expect to see it rise even more.
Chart Idea - Swing Long on NQSwing Long Setup
Entry - 21200
SL - 19900
TP - 23600
RR - 2:1
Not a financial advice... Do your own research !!
20241122 NQI anticipate more upside before and on the hills of the HI news at 9.45am. I would like to see the reversal to the downside after that. It is necessary to wait for the signs of a such reversal because PA can move higher than it is anticipated. The NWOG is to provide first -DOL on the way to the downside. The whole upside move of this week looks like HRLR and it is likely to see one more leg to the downside in this post-election downside move.
journal 6today November 20 monthly bullish , weekly bullish , daily bullish asian session has
priced higher im expecting in London for Buyers to be taken out activating sell stops before we make new high
im expecting this i need for bus to be taken possibly touching 4hr fvg then wait for bullish breaker and ride it back to the
top if i miss it i will wait for 10-11 am i will only enter when full breaker forms i will not rush like yesterday
Continuation of Tops In Maybe in Trouble Will SeeGuys looks like they want to run this higher
will know more Friday or wed next week Went long
IWM 232.56
Out SOXS and still short small very small SPXL
