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US NAS 100

GOLD|Important supply and demand areasCurrently, in the one-hour period, the $2060 area can be a good place for sell positions, of course, be careful not to enter the trade without confirmation. In the first reaction to this area, it went up from the price of 2017$ to 2040$, it gave us a profit of about 230 pips. In the second reaction, collected all the liquidity at the bottom of the range and moved up 2% from there.And moved up about 450 pips. Right now we see that it is bullish in reaction to the demand range.In smaller time frames, it is more likely that it will not react to the range ahead, so if it does not confirm, do not enter the trade. There is a possibility that it will go up to the range of 2080. you can look for a sales position there. This week, look for scalp positions in smaller time frames, even though gold is very bullish this week. In the one-hour time frame, we have the supply and demand of these areas, when we reach these areas, we can have buy or sell positions.
OANDA:XAUUSDLong
by Golden_Star1994
NASDAQ ANALYSIS💸NASDAQ💸 Chart : Daily Overall Trend : Bullish Current Market Structure : Downtrend Scenario 1 : Price is currently waiting to create new higher high on the daily time frame . This cause also give us a confluence as to bullish momentum coming to an end . I will be looking for intra day set ups . But I would like to see how price reacts to our Daily OB . If we do respect our daily OB price will continue moving towards the upside . Scenario 2 : If we do not respect our daily OB . We can expect price to move towards the downside ,signifying that bearish momentum has come into play . & We can look for shorts
CAPITALCOM:US100Short
by Brehayne_
Nasdaq Intraday Review – Friday 12 Jan 2024I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) After yesterday’s volatility, I knew that today’s PPI would be important for investors. As the day progressed a double top formed on the 1H TF and a head and shoulders formed on the 4H TF, both sharing the same neckline. The pivot had been holding as strong support on a few occasions, but the bearish mood in the market/price action was tangible. Usually I am looking for a buy only, but after yesterday’s CPI I decided to go with what the candles were telling me. I took a sell at A. as price started breaking through the pivot point – Confirmations: - Market pattern – 4H head and shoulders, as well as 1H double top had formed and neckline was broken - Candlesticks: Bulls were failing to break through the resistance at the level indicated by the hand. Four failed attempts had been made. - Fib: Candles were failing to move higher roughly at the 0.618 1H fib level - Trend: There was a temporary downtrend line marked in green - S&R: The pivot point was starting to fail as a support. Took a small position as it was before the PPI and this news release could change market bias. Market moved about 520 pips from my position and I secured at entry. Ultimately price moved back up and I was out at entry. Price reversing at B. was due to this area being one of strong confluences: - Fib: 0.05 buy fib level (fib drawn from swing low at C. to swing high at D.) - Price had travelled down exactly the same distance as the height of the market pattern - S&R: The 4H 20 EMA was at this level at the time and provided dynamic support. This is exactly why I always keep my bias the same as the overall trend because the biggest moves of the day come in the direction of the trend. The sell I took was 520 pips. The buy that came from B. was 1700 pips. Take profit from this buy would have been easy as it hit TP1, so I would have closed a portion of my position and left the rest running. Its frustrating because if I had kept my bias as a buy I definitely would have taken the buy at B. because I like being part of the retest of the neckline that is in the same direction of the overall trend (still bullish, even after yesterday's CPI). But it was a weird day today for me after CPI, market was choppy - so I guess not too bad if I come out with nothing and live to trade another day. Have a great weekend! What could I have done differently: Kept my bias as a buy. TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support and resistance EMA = exponential moving average
PEPPERSTONE:NAS100
by Jinxx84
Nasdaq Intraday Review – Thursday 11 Jan 2024I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Thursday was CPI news release. I usually don’t like trading in the hours before the news event because market is often times very flat. I left a small position open from Wednesday, but closed at A. when I noted the weakness on the 15min TF. So I closed this position at a +- 1’200 pip profit. As we were getting closer to CPI, I noted the 30min 20 EMA providing dynamic support. One minute before CPI, I opened a buy at B. For me, news events are like gambling because market can go either way and I don't know how to stack probabilities in my favour. For this reason I went in very small. CPI candle shot down, but I noted the reaction to the pivot point. The closure of the CPI candle formed a nice head and shoulder market pattern on the 1H TF. I knew immediately I was not in a good position with my B. buy and wanted to get out asap. But instead of panicking and closing immediately, I set a mental stop for myself under the pivot point (if candles started closing below this point a sell would ensue). When the second candle came down to the pivot point again, I monitored price action on the 5min TF and decided to open a second position of equal size to my B. position. Second buy position is marked with C. This was right on my mental stop loss, so if market continued to move down I would not have taken a big loss here. However, bulls pushed up to re-test the neckline of the 1H head and shoulders pattern. At about D. (which was where the 1H EMA was positioned at the time), I decided to close my B. position. I felt that the EMA could easily push price back down. At D. I had reduced my loss on B. by about half and considering it was a small position, I was happy to take that loss and get out of this “bad” position. If market would continue to go up then the profit from my C. position would cover that loss easily, but if market went back down then I would be so happy to be out of that position. I secured my C. position at entry (i.e placed stop loss at entry). Phew – I was ok and felt I had managed my risk. I was happy to take the small loss from my B. position and would not re-enter the market if my C. position got taken out. Unfortunately, bulls could not break the neckline of the market pattern and when the candle at E. closed I knew my buy would not work out. I got taken out at entry and stayed out for the rest of the day. Ultimately, I still made pips for the day as the profit from the position I carried over from Wednesday was slightly more than the loss I took for CPI. It was a hectic day and I hope you did well! Today, market looks choppy so far and I believe PPI will bring some more volatility to the table. What could I have done differently: Ultimately, market came up all the way to my B position, meaning that I could’ve closed at entry without taking a loss. If I had looked at the 5min chart, there was no weakness at the 1H 20 EMA level. This means I closed based on fear and not on price action. Next time, I need to remain even calmer and let the candles do the talking. TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support and resistance EMA = exponential moving average
PEPPERSTONE:NAS100
by Jinxx84
Nasdaq Intraday Review – Wednesday 10 Jan 2024I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis around 5:20am GMT. At time of analysis, the following was noted: Buy fib was drawn early this morning from swing low at A to swing high at B1…and then later in the day to swing high at B2. Retracement levels written in purple for B2 fib. Fib levels were relatively close together with less than 600 pips separating the 0.383 and 0.618 levels. This means that one can usually go in with your full lot size because the potential draw down can be handled. Market was consolidating into a descending triangle market pattern on both the 1H TF and the 4H TF (with double tops inside). This market pattern usually breaks down. Bears indeed managed to break the neckline of the double top (shown with orange lines) and market moved down the same distance as the height of the pattern. Here, price found dynamic support from 1H 20 EMA and moved back up to test neckline of the 1H / 4H double top. I usually like to be part of the restest of the neckline which is in the same direction as the overall trend (bullish in this case). This morning however, I was expecting market to move down further but when I saw the reaction to the 1H EMA, I entered. I entered half my usual position size as a buy at C. (half because I was really expecting market to move down at least to pivot point). Confirmations: - Market Pattern: Bears had broken the neckline of the double top formed on the 1H & 4H TF. Price had travelled the profit target distance and was about to test the neckline of the market pattern in the same direction as the overall trend. Price was moving up and had closed above the neckline at C. on the 15min TF. Price had also broken back into the descending triangle indicating that the break out down was a fake out. - Fib: None – this is the reason I entered only half a position because the 0.382 retracement level was at the pivot point this morning so this little market pattern break out was a very shallow retracement. - Candle sticks & trend: The candle at C. on the 15min TF closed green forming a higher high after a series of lower highs indicating that the temporary down trend was possibly over (fully confirmed by the next green 15min candle which closed above the temporary orange down trend line). - S&R: 1H 20 EMA providing dynamic support Mental stop was placed at think pink line, because if price did not retrace by the 0.618 fib level and closed below the previous D neckline then a sell would ensue. I would have entered another half position of price moved down. Market moved up 750 pips from my position and I secured at entry. I knew a real fight between bears and bulls would take place at the purple down trend line. This line is draw on the wicks of the D candles from the D Double top. The move I wanted to secure today was the bulls breaking this trend line. So I didn’t take profit at peak B2. Price came down and took me out at entry. After judging price action just before & during market open I re-entered at D. I am now secured at entry and holding in case bulls break through the purple trend line. So I will be out at entry with nothing or if the bulls break through, I suspect there will be a big move up and KA-CHING!! Fingers crossed! Hope you had a good trading day too! What could I have done differently: So I was trying to adjust my stop loss of my C. position and all of a sudden my trade closed and also my swing trade from Sunday evening. My C. trade was close to entry anyway so I wasn’t too worried about that. But my swing trade closing by accident caused serious PANIC IN THE DISCO!!!!! I usually set my profit to show as pips in MT5 (it’s a strategy to help me deal with greed and fear). So the whole time I was seeing my swing trade profit in pips. When it suddenly closed, I saw the massive monetary profit in my equity and it totally threw me off! I was like “should I just keep the profit?? It’s so much money!”….”Maybe this happened for a reason”….”This wasn’t my plan at all but maybe now that I have the money banked I should just keep it”. Eventually, after I calmed down, I re-entered my "swing trade". So now my swing trade will be two trades that I will combine in my trading journal and view ultimately as one trade. It was never my plan to close that swing trade at that moment. I decided to stick to my plan and even if market draws down and I ultimately make a smaller profit from this swing trade, it’s more important that I stick to my plan and close my trades when I want to close them based on price action. So take a moment to think about what you will do if a trade closes by accident….having thought it through before the time will assist you in those critical moments when it happens to you. TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support and resistance EMA = exponential moving average
PEPPERSTONE:NAS100
by Jinxx84
US100 ENTRIES FOR SHORT,Longs All Trap Zones for 5th Jan.2023This analysis is only for my honorable followers. Click on the chart above and study it closely, before taking any trade today: Ofcourse if you want to win. I will buy if these conditions hit. if one of them do not hit, the bulls will get trapped hard 30 min close above 16425 US DATA TODAY VERY STRONG for nasdaq,gold, etc but negative for the U DOLLAR and if retracment after 30 minute closing firm above 16425 My first target will be 16820 Here I will solve out my short hedge that I have opened at 16853, and take Profit. But I will add more longs too, and all longs that are active,but hedged will run along SELL CONDITIONS: I would ell US100 ONLY and ONLY, if these conditions met. Otherwise the downward move will be a bear trap 16275: I would open a short , below this price only if: 1. it reache 16244 or 16223 2.I will wait for a pullback to 16275 3. if it cannot break above that level, t hen I would open the short. Profit levels are as lower mentioned. At 15939 we have 0,382 Fibonacci of Hourly and higher Time frame(that is very strong support level no. 2) TRAP ZONE 1 THE OPEN PRICE TODAY is below yesterdays range, but it is not rejected tHIS IS AN INDICATION THAT the market is accepting the lower price, and the sentiment ha not been changed Both bulls and bear will get trapped very often in this range 16356-16416 TRAP ZONE BULLS got trapped in this zone twice this week I will AVOID TO ENTER THIS ZONE AND GETTING TRAPPED BETTER: I WILL WAIT If You are Gold Digger and speculate to take some pips your Risk Reward ratio will be high(Higher RISK THAN REWARD) As at this point the market quickly changes sentiments Follow the price The trend is your friendCut losse quickly, Let the profits run. Dont predict the market. Intelligent traders follow these principals only.
CAPITALCOM:US100
by DaveBrascoFX
1
NAS100USD Will Go Lower! Short! Take a look at our analysis for NAS100USD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 16726.1. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 16644.9 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:NAS100USDShort
by SignalProvider
2
Nasdaq Intraday Review – Tuesday 9 Jan 2024I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis around 5:20am GMT. At time of analysis, the following was noted: A double top was forming on the 1H TF (marked with purple lines). I knew that market would come down to test the neckline (marked in pink) of the D Double top that it broke through yesterday. Drawing retracement levels in the charts in purple (swing low at A. and swing high at B.) Noted that both the D 20 EMA and the 4H 20 EMA were close to the 4H – 0.382 retracement level. This created a strong area of confluence in my opinion (so I highlighted this area in yellow). I set a buy limit at C. for half on my usual position size. Mental stop was placed by the thick pink line, as this was also just below the 0.50 fib level so I would give my trade some breathing room in case market decided to test the 0.50 fib level. Ultimately, market never reached my buy limit. For me, today was a really important day for Nasdaq. If the bulls were not able to break the neckline of the D Double top that had formed previously, then we would see a further down swing of the market and a larger bearish pushdown. With the candles, pivot point + EMAs + 0.382 retracement level below the neckline of the D double top (i.e. market had ALREADY broken below the D neckline), I felt unsure of a buy because the market was already in a risky area (below the neckline). I entered a buy at D – Confirmations: - Market Patterns: formation of double bottom on 1H TF. Entered when market had broken the neckline of the double bottom as well as the D neckline (marked in pink) - Trend Line: D also represented the level where market had broken the temporary down trend line (marked in blue) and closed a higher high after a period of lower highs – signaling the end of the downtrend. - Candlesticks: Strong green candle close on the 1H, breaking D Neckline - Fib: Market had been down in the region of the 0.382 4H Fib retracement level and was now moving higher Mental stop was the same. Bulls continued the push up and eventually I closed my position in stages at E. as candles began consolidating at the level. So that 933 pips profit for me today! What could I have done differently: I could have been more aggressive and entered at about F. I already had a buy limit at C. so I was already willing to risk the buy from below the neckline at C. So when the double bottom started forming on the 15 min TF just above the level of my buy limit, I should have jumped in with my buy. But having to enter manually, I felt myself hesitating and being fearful that bears would step in at the neckline. Lesson to be learnt, if you have an ideal entry point where you set a buy / sell limit and then market forms a reversal pattern very close to your desired entry then jump in at that point and delete your pending order. If I had done that I would have had 511 extra pips in my pocket! Hope you caught this nice buy! TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support and resistance EMA = exponential moving average
PEPPERSTONE:NAS100
by Jinxx84
NAS100 - LONG SPECULATIONHi Traders, We've got ourselves a monster position on the NAS100, right now I'm speculating a several month position to ride out. However we could see even further lows if we do break through these prices. Marked on the chart are a few important price points I'd like you to understand. We will also consider the latest fundamental data, such as CPI, Unemployment claims, interest rate data and stock flow. Why should we include this data? It helps us as traders to make clear, strategic based speculations, strong guesses so to speak on the direction of movement. Using this data is crucial for any trader who is serious. We can see the chart is also on the weekly time frame. I will continue to add to this idea while price is being monitored. I'll look to add more ideas further down that relate directly to this setup, until proven wrong by Wall St...
OANDA:NAS100USDLong
by UnderstandForex
Nasdaq Intraday Review – Monday 8 Jan 2024I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Today was a different day for me. I planned the trade I took today over the weekend. Friday 5th Jan trading day ended with a green doji candle close on the D TF. This D candle touched the 0.618 Fib level on the D TF and closed above the 4H 200 EMA. To me this signalled the start of a bullish move, at the very least to re-test the neckline of the Double Top on the D TF (marked in pink). I decided I wanted to enter a swing trade and so I stayed up late on Sunday evening and opened a nice big buy position in the seconds as market opened on Sunday 11pm GMT. My swing trade buy confirmations: - Market Pattern – double top had formed on the D TF and price had traveled the full distance of the profit target (i.e. the same distance down as the height of the market pattern). I like to enter a trade that will re-test the neckline in the same direction as the overall trend (bullish in this case if we assume that the bear move was just a retracement and not a full trend reversal. I will consider a full trend reversal to be in place if market tests the neckline of the double top and then moves down again). - Fib – a strong fib level was reached on a high TF (0.618 on a D TF) - Candle stick – green doji on a D TF - S&R – 4H 200 EMA providing dynamic support to 2 x D candles I funded my trading account with the amount of money I was prepared to lose and I would not place a stop loss. I correctly choose my position size to handle a drawdown of 1500 – 2000 pips and if my account bust then that would be the end of my swing trade. All went according to plan, and I am currently on 3166 pips profit for the day. I did close a small portion of my position to recover my small losses over the previous days and also take some profit for my efforts today. But the majority of the trade is running. I secured my trade at entry and am now trading risk free. The plan is to wait to see if bulls break through the neckline (so far so good, but I am expecting a bearish push down tomorrow to test bulls strength). Luckily pivot point + 1H, 4H and D 20 EMA’s will be under the candles hopefully giving a push up. What could I have done differently: I am happy with my performance today. Hope you caught this nice buy! TF = timeframe TP = take profit 1H = 1 hour 4H = 4 hour D = day W = week M = month S&R = support and resistance EMA = exponential moving average
PEPPERSTONE:NAS100
by Jinxx84
Nasdaq Visiting Liquidity levelsNasdaq already took into account t that the FED will decrease the interest rates by 160 points, & the market is pricing it as if it’s true. In reality it is not true and J. Powell didn’t take any decisions yet. Supposedly J. Powell sees that his ambitions are. It yet met, he might decrease the rate by 75 points only and the market might easily decline by 8% as a reaction to that. Keeping all realistic scenarios in mind is a must, and speculated assumptions without any facts or decisions must remain a hypothesis. Watch the market as it digests reality next week. (This is not a financial advice nor guidance. It’s my humble opinion in the markets within 12 years in the market)
OANDA:NAS100USDShort
by Sal98
NAS100 Trapped Buyers?We can see price has broken the high and pushed back down. If this is a liquidity trap trapping buyers could be a potential. As seen above I have 2 zones of interest, if the higher zone is broken I can see the price easily pushing down to the 14500 area. We will need to check this on lower timeframes over the upcoming week and see if we have a true shift in structure across all timeframes which will once again give us more of a reason to believe it was a buyers trap.
OANDA:NAS100USDShort
by opes_trading_group
US100 NASDAQ Technical Analysis and Trade Idea NAS100Sharp Retracement in NAS100: Opportunity on the Horizon? Eyes are laser-focused on the NAS100 after it slammed into a key resistance level. The current aggressive pullback sets the stage for an intriguing dynamic ahead of the NFP data drop later today. A strong dollar boost (or unexpected weakness) could significantly impact the index, making this data release a potential swing point. With such a sharp retracement already underway, I'm eyeing a potential long entry as the price plunges towards a crucial support zone. In the video, we dissected the trend, price action, market structure, and other technical essentials to build a comprehensive picture. Remember: This analysis is purely for educational purposes and should not be interpreted as financial advice. Do your own due diligence before making any trading decisions.
CAPITALCOM:US100
by fxtraderanthony