MNQ SHORT POTENTIALthis is just a potential breakdown after a retest of highs in orange TP1 at Pivot S1 with a potential of TP2 at S2 in New York Session remember, only reason for short is due to the fact that it took a liquidity sweep at open stop loss above sweep or recent high Shortby TradesbySK0
NQ Power Range Report with FIB Ext - 3/28/2024 SessionCME_MINI:NQM2024 - PR High: 18507.00 - PR Low: 18477.00 - NZ Spread: 67.0 Key economic calendar events 08:30 | Initial Jobless Claims - GDP 09:45 | Chicago PMI Prev session closed flat with high vol - Another inventory dip back inside week range - Holding inside prev 3 session range - Last trading day of month ahead of long weekend Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 232.83 - Volume: 21K - Open Int: 258K - Trend Grade: Bull - From BA ATH: -1.0% (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 by mv3trader50
Nasdaq 100 (NQ) Potential Support AreaShort Term Elliott Wave view in Nasdaq 100 (NQ) suggests that pullback to 18011.3 ended wave 4. The Index has turned higher in wave 5. Internal subdivision of wave 5 is unfolding as a diagonal. Up from wave 4, wave (i) ended at 18106.75 and wave (ii) ended at 18044. Wave (iii) higher ended at 18289.25 and wave (iv) ended at 18263.25. Final leg wave (v) ended at 18381 which completed wave ((i)). Pullback in wave ((ii)) ended at 18053.25 as a zigzag. The Index then resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 18289.25 and wave (ii) ended at 18216.5. Wave (iii) higher ended at 18667.25 and wave (iv) ended at 18589.25. Final leg wave (v) ended at 18709 which completed wave ((iii)) in higher degree. Wave ((iv)) pullback is in progress with internal subdivision as a double three. Down from wave ((iii)), wave a ended at 18492, wave b ended at 18626, and wave c lower ended at 18414.75. This completed wave (w) in higher degree. Rally in wave (x) ended at 18619 as a zigzag structure. Down from wave (x), wave w ended at 18439.25, and wave x ended at 18571.75. Expect the Index to extend lower in wave y to 18145 -18327 (blue box area) to complete wave (y) of ((iv)). From this area, the Index should resume higher or rally in 3 waves at least.by Elliottwave-Forecast5
NASDAQ going upHuge uptrend still strong. Bull flag forming in the 4h TF. I scalped intraday. But swing position should be at the touch of the trendline+bull flag trendline. You can add more on the breakout of the bull flag.Longby Kizuma0
NQ next stopsNext stops for NQ. Analyzed with secret method. Also we will get a new POC at the line I've drawn there. Not financial advice.by viSion_TC0
Nasdaq(NQM2024)My analysis on the Nasdaq is that the price will fall by taking the same ceilings on Tuesday and Friday and entering the FVG H1.by amirelr0
NQ Power Range Report with FIB Ext - 3/27/2024 SessionCME_MINI:NQM2024 - PR High: 18482.00 - PR Low: 18468.00 - NZ Spread: 31.5 Key economic calendar event 10:30 | Crude Oil Inventories Maintain prev 2 session range - Session open advertising potential to break highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 237.41 - Volume: 17K - Open Int: 254K - Trend Grade: Bull - From BA ATH: -0.9% (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 Longby mv3trader50
Deep Dive example, Pattern recognition development. How to train the eyes, to see the markets clearly and trade accordingly. This is a example from my deep dive archive, making these, archiving them and studying them, and deeply understanding them has profound effects on your trading. This post is not about the style you trade. This is about how you study to be able to apply your methods, methodically with little effort in a flow state mentality. I will share what i truly believe can get you there. It is not easy but if truly applied it can change your trading and even more so your life. I am firm believer to conquer the markets (Ie extract $ with a proven strategy consistently) you must become the the best version of yourself both physically and mentally. It is a battle and you must sharp and aware because anything can happen at any time! Develop your methodology and train like most won't. 1) Know your patterns, hand draw them on paper, jot down any rules, triggers, tp's. Try to really envision the pattern. Note the exact price action you would look for at trigger level. Note rules for stop management you would take. (@tntsunrise was a firm believer in hand drawing patterns to start to train your eyes to see them) 2) Draw the patterns on blank chart on @TradingView, I will attach video on how to do this exactly. Practice until all triggers and coordinates can be nailed to the tick, (use fib tools, click and drag feature etc.). Note exact same things, from rules, to trigger, price action, ema theory, volume, rsi etc. Save charts, (print these) This takes a lot of time to develop, think 1000 drawings to nail 1-2 patterns, this could be way higher, some take a lot of time, for me the butterfly was difficult to learn and apply, especially in low time frame. 3) Deep Dives, again this a boot camp for your mind. Set crazy goals= I am going to find 300 of each pattern I trade in 10 hours. I know 6 patterns = 1800 charts. This is daunting at first, Eg suggest walks, breaks, push ups, but really try get dialed in, You will hit a flow state, at some point. Start to see new things, for me this was low tf, 5 minute, 1 minute, them sub 1 minute time frame. This was exactly how I truly started to develop my unique strategy. I suggest you do this alone. I did my first 3 when my GF was away for family trip. I did several during covid. I have thousands of printed copies and several hard drive files. This is life changing, join Stockbee and see the results this has led to. Keep in mind Qullamaggie attributes a lot to Eg's trader development, he trades as big as it gets$$$ 4) Cheat sheet play book. Hard copy, short, to the point, 1-2 examples. As time passes you will not need it. Make it, refine it, look to it often. While learning I kept a note form of this on my phone, ipad. Just immerse your mind in your set ups. One thing EG always said that stuch with me. Trade set ups not stocks or futures., Tntsunrise said much the same. Find clean patterns at important structure levels try to envision the markets in a rally base rally mode and know where to hunt for big money ideas. This is life changing skill set and most rewarding mentally and most of all with profits. 4) Discuss your patterns and share ideas, If you are trading a real system, with proven results this should not be hard. You need to see the patterns you trade, entries, results and when and why the patterns worked or didn't. You need to see this everyday in every timeframe for 3-6 months. This can fast track you in my personal opinion to being able to extract $ from the markets. I will attach additional videos, charts so please come back to this post time to time to see additional thoughts. I will attach 1 set up, I have not decided which and all I ask is for your patience it will be be below. Educationby HiddenharmonicstradingUpdated 7727
Post FOMC VPOCThis is a great area to monitor price's reaction to - Buyers will be looking to defend this zone Longby OpinicusTrades0
TRADING JOURNAL - 3.26.20243.26 Initial AM Buy Setup Analysis (Buy Limit Execution) - Morning Analysis based on ICT's 2022 Mentorship.Longby nxthxnie1Updated 0
NQ Power Range Report with FIB Ext - 3/26/2024 SessionCME_MINI:NQM2024 - PR High: 18542.50 - PR Low: 18529.75 - NZ Spread: 28.75 Key economic calendar events 08:30 | Durable Goods Orders 10:00 | CB Consumer Confidence Tight NZ spread (initial range) - Maintaining range of prev 2 session - Daily liquidity grab (look below and fail) Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 242.58 - Volume: 16K - Open Int: 255K - Trend Grade: Bull - From BA ATH: -0.8% (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
The Ideal Pullback for NQ Continuation Ideally we would like to see a two-legged correction into a level of demand for continuation of NQ. Longby AmpedTrading0
Can the HOUSE CAPITALIZE ON THIS NQ 'TXTBOOK' SHORT...?CME_MINI:NQ1! Top of the Morning HOUSE! I hope everyone is enjoying their weekend and staying productive... I have developed this NQ SHORT as Buyers swept the Market HIGH and Sellers came in and dropped the market underneath a HUGE Daily Resistance Level...Here is what I want to see to go SHORT and catch this TXTBOOK break and retest play...Vibe w/ me 1) On Fri the Daily TF last Candle closed under the Daily Resistance Level ($18588.50) which is our 1st confirmation that we could get ready to go short... ***In order for me to go short Price needs to stay underneath this level of Resistance... 2) We have a minor Support level created on the 4Hr TF around ($18491.00) that we can clearly see buyers trying to defend...***I want to see sellers break this level of support with confirmed candle closures on the 30m TF and down... Also price needs to be trading underneath the RED V-Wap as a last min. confirmation...Its always better to be trading in favor of the colored VWAP.... 3) Now if we can get these sequence of events to take place in the market then I will be compelled to enter the Market SHORT off of the retest of the failed Minor Support Level and target the unmitigated 4Hr/1Hr Demand Below... We can easily catch a solid +2.5-3R % Gain depending on your given management system traded...***This is a txtbook break and retest play! ***Remember Nothing in the market is set in stone, We simply play the long-term game of probability... However I am very confident in my reading of PA and how this particular asset moves...Still the market is pure sure randomness and every trade is unique that is why it's the probabilistic game we love to play...Yes PA is all about repeated patterns however the timing of that exact pattern to take place is unknown...So always manage your risk professionally!! Now lets sit back N stalk like the saltwater CROC!! #BHM500K #NewERA Shortby TreyHighPwrUpdated 227
Is NQ Ready for A Markdown?Using the Wyckoff cycle, NQ could be indicating it's ready for a markdown phase.by AmpedTrading2
NQ Power Range Report with FIB Ext - 3/26/2024 SessionCME_MINI:NQM2024 - PR High: 18585.50 - PR Low: 18552.50 - NZ Spread: 74.0 Key economic calendar event 10:00 | New Home Sales Starting week with daily inside print - Ranging inside Fri and Thu range Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 248.36 - Volume: 23K - Open Int: 253K - Trend Grade: Bull - From BA ATH: -0.5% (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 mv3trader52
NQ Weekly Levels (Mar25-28)Encouraged by a positive economic outlook and dovish signals from the FOMC, investors are diversifying beyond tech giants like NVDA & META. Confidence in the economy's resilience and the Fed's inflation management has broadened the market rally. Although the Mag 7 stocks continue to dominate XLF and XLE are near ATH and XLI remains strong. Small caps, which have lagged brutally look poised to play catchup. The SPX has gained 27% since late October, while NDX has gained 30%. We have a shorted trading week ahead with markets closed on Good Friday. Traders will look for clues for market direction from some Fed head speeches and PCE data at the end of the week. SUMMARY NQ posted a 2.77% gain last week after trading in a wide range of 655 pts. NQ closed back at the top of the 4 week range near ATH after a 550 pt rally. R2 = ATH (18709) R1 = LTF 1.272 Fib X (18588) S1 = 9 ema (18392) S2 = 21 ema (18293) Bias remains long but potential for rejection at ATH Break below upward trendline would signal potential trend change. Positive reation to FOMC. Dovish Fed + OK economy Mag 7 had strong week minus AAPL & TSLA XLE & XLF near ATH and XLI continuing to showing strength. All dips are being bought Shortened trading week & end of month PCE on Thurs/Fri Small caps on breakout watch again RSI 59.05| VIX at 13.05 | 10 year 4.20% by WadeYendall3
My bias is on NasdaqAll in chart..! I think the Nasdaq will make a small correction to its previous bullish 62-leg levelShortby amirelr1
NQ Correction Incoming? The beginning of February is historically a strong month for stocks and indices. One thing however that I providing me some context that the market may see a correction in the near future is this massive rising wedge with bearish divergences. I wouldn't be surprised if we saw one last move to the previous high (ugly high) to grab some liquidity and make its way down. The reason I don't quite like the current high is that it doesnt seem to be too much of a battle zone resistance. Generally, strong reversals happen with large wicks that trap traders on the wrong side of the move. Currently, the market is still holding some bullish structure making higher highs, and buyers may want to see price move higher before taking profits. My overall plan is to continue scaling into SQQQ towards the high of this move and hedge the portfolio in the case the market does correct between 5%-7%. Good luck! Shortby afurs1Updated 1
NQ Range (Week of 03-18-24)NAZ once again with magical lift in the O/N to offset the Friday sell off or the previous O/N Pump/Dump. Am I the only one has noticed this? Now we need to se if the typical predictable 2nd half of the Friday-Monday Long Only pattern plays out today. Getting tricky as the pattern use to be Friday Long and Monday Long, previous 2 Friday's have gone lower with last Monday sideways to lower. Open Range/Drives usually sell off 1st. Other patterns: Whenever the NAZ has struggled to get lower over 2-4 days, it usually retraces back up it 1 day or so. My Friday Post was Long with the lower range as 2nd option. Many times I am early on a call and the exact opposite will play out prior to a bigger move in my original direction. Today and Tuesday may be huge moves to upside prior to Fed Day. Chart: 4HR, YTD Channel, Yellow arrow is break out range, Dots are targets and reverse trade if hit, 18345 & 17960 are KL's, 19376 & 18154 are TLX's. So far nothing has changed except we had 2 Friday Reg Sessions that sold off. The O/N is still in charge and the Boss, play this range 1st and do not expect much from the Reg Session. The Reg Session PA has been shaky, jerky and sloppy. Longby MAZingUpdated 3314
MNQ LongSet up provided, check out the short video for an explanation.Long01:29by KennedyW12Updated 1
TRADING JOURNAL - 3.21.20243.21 Initial AM Sell Setup Analysis (Sell Limit Execution) - Morning Analysis based on ICT's 2022 Mentorship.Shortby nxthxnie1Updated 0