MNQ1! trade ideas
Short term Shorts for MNQafter a period of bulls, we have hit an exhaustion point of a 4 hour order block and the 15 min shows a potential double top
Nasdaq Futures (NQ): 5 Swing Pattern Points to Further GainNasdaq Futures (NQ) experienced a sharp selloff following a tariff announcement by President Trump, with the decline starting from a peak on December 16, 2024, at 22,450. The selloff concluded at 16,465.89 on April 7, 2025, which we’ve labeled as wave (II). For the Index to confirm a bullish trend and rule out a potential double correction, it must break above the December 16, 2024, high of 22,450. In the short term, the rally from the April 7 low of 16,465.89 is unfolding as a five-swing pattern. It is a motive sequence that suggests further upside potential.
From the April 7 low, the rally is developing as a five-wave diagonal structure. Wave 1 peaked at 18,361.5, followed by a wave 2 pullback to 16,735. The Index then surged in wave 3 to 19,386.75, with a wave 4 dip ending at 17,700. Currently, wave 5 is in progress, with sub-wave ((i)) topping at 19,688.5 and sub-wave ((ii)) bottoming at 19,103.75. Sub-wave ((iii)) reached 20,125.75, and a potential sub-wave ((iv)) pullback may have concluded at 19,749.5.
The Index is expected to push higher once more in sub-wave ((v)) to complete wave 5 of (1). After this, a wave (2) pullback should occur, likely in a 3, 7, or 11-swing pattern, before the Index resumes its upward trend. As long as the 16,465.89 low holds, dips are expected to attract buyers in 3, 7, or 11-swing patterns, supporting further gains in the near term.
MNQ1!/NQ1! Day Trade Plan for 05/01/2025MNQ1!/NQ1! Day Trade Plan for 05/01/2025
📈 20130 20219
📉 19770 19700
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
MNQ1!/NQ1! Day Trade Plan for 04/29/2025MNQ1!/NQ1! Day Trade Plan for 04/29/2025
📈 19560 19685
📉 19185 19060
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
Is The Nasdaq Bullish? Moving Higher Tomorrow...?In this video, we will analyze the NASDAQ futures for Friday, May 2nd.
Markets are looking tradeable again.
NQ has swept an old high, and retraced today. I like the location of the bullish FVG right below... which price has just tapped into a little while ago.
Look for the reaction from that +FVG, and trade accordingly.
Enjoy!
May profits be upon you.
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2025-05-01 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Way tougher than it looks. Both sides have good arguments why this continues higher or why today marked the top. I have a heavy bearish bias but I confirmation would only be below 19090 and that’s 700 points down. I do think if bears can close the gap down to 19640, we retest 19300 and there we have the first bull trend line. Below we go for 19100, which was the us gdp spike low and below that is armageddon. Bulls have nothing but continuation of this short squeeze. When Apple earnings disappoint, you know things are about to get real ducking bad next.
current market cycle: trading range
key levels: 19000 - 20000
bull case: Bulls got 20000 and even went above the April high, now what? Technically still a lower high until they hit 20537. They have going for them that today was the first bear bar after 7 consecutive bull days. They now want to defend the open gaps to keep the momentum going. A pullback can go way deeper than most bulls will be comfortable with, given the current environment. I do think best bulls can hope for tomorrow, is to go sideways and close the week above 20000.
Invalidation is below 19640.
bear case: Bears have all the macro schmackro arguments on their side that you can try to come up with. Structure says bullish until bull trend lines are broken. First is around 19500 and second is the bigger one around 19000. Can bears get to either tomorrow? I do think so yes. This was a nasty short squeeze but we are right under the weekly 20ema, technically still a lower high because the last major lower high was 20536. On the weekly chart this is a textbook two-legged pullback to the moving average and I pray daily that we will get another huge leg down to 15000. How likely is that? For now, very unlikely. Still it would be more fun if the bull trend line from the covid lows would break and we transition into a trading range 15000 - 22000.
Invalidation is above 20140.
short term: Neutral. For tomorrow I can see 20100 not getting hit again and we sell-off. If markets stays above 19700, bulls remain in full control. full bear mode below 19640. Above 20140 we likely go for 20500+.
medium-long term - Update from 2024-04-20: My most bearish target for 2025 was 17500ish, given in my year-end special. We are +18% from the lows and I do think, once this turns again, it will easily be the short trade of the year.
trade of the day: Longs near 1h 20ema. Was profitable couple of times. Sell-off into close was insider-trading. Absolutely certain that the earnings were leaked.
NQ: 182nd trading session - recapBlew my funded eval - on purpose
I've made some bad decisions a few weeks ago landing me at -$1000 - so I just said f*ck it it's either pay a bit to be breakeven or just be breakeven with a high contract trade.
I'll buy my funded back and start from scratch - with a plan now in mind
Nasdaq-100 Goes Back to 'PRE-PAIN' 20 000 Level. Series IIApril has gone..
Wow.. Duh..!? ..really? ... or still not!?
Briefly a month ago or so, we have examined at our wonderful @PandorraResearch Team what is 'Revenge Trading', watch our recent 'Educational' idea right here (if you missed one), to learn what sort of lessons we should know about it.
Indeed, it was a really bad story, to purchase in late March 2025 most-hyped so-known Mag Seven stock that came flagships of the recent stock market collapse.
First of all, watch how it's been below (late March 2025) 👇👇
What's happened next just in a week or two since our publications has been made?
⚒ Russell 2000 Index TVC:RUT 95% stocks were: DOWN
⚒ S&P500 Index SP:SPX 96% stocks were: DOWN
⚒ Nasdaq-100 NASDAQ:NDX as well as Dow Jones Industrial Averages DJIA indices: 97% stocks were DOWN
⚒ Magnificent Seven: ALL STOCKS WERE DOWN
Since Nasdaq-100 went back to pre-pain 20'000 Level, lets repeat some lessons.
Revenge trading is DANGEROUS AND HARMFUL pracrice where traders, after suffering a loss, attempt to immediately recoup their losses by making impulsive, emotionally-driven trades. This behavior is widely recognized as one of the major reasons traders lose significant amounts of money and often blow up their accounts.
Why Revenge Trading Is Bad
1. Emotional Decision-Making Replaces Strategy
When traders engage in revenge trading, they abandon their carefully crafted trading strategies and risk management rules. Instead, trades are made based on anger, frustration, or the desire to "get back" at the market. This emotional state clouds judgment, leading to irrational decisions such as increasing position sizes recklessly, disregarding stop-loss orders, or chasing trades without proper analysis. As a result, the likelihood of making successful trades plummets.
2. Escalating Losses and Account Blowups
The urge to recover losses quickly often leads traders to double down or over-leverage their positions, exposing a large portion of their capital to additional risk. Statistically, 80% of revenge trading ends disastrously, with only a small fraction experiencing temporary success before ultimately facing larger losses. This cycle of chasing losses can rapidly erode trading capital, making recovery increasingly difficult.
3. Psychological Burnout and Stress
Revenge trading is mentally and emotionally exhausting. The constant cycle of loss and frantic attempts to recover can lead to stress, depression, and burnout. This further impairs decision-making, creating a vicious cycle of poor performance and deteriorating mental health.
4. Long-Term Damage to Trading Habits
Repeatedly succumbing to revenge trading ingrains bad habits, making it difficult for traders to maintain discipline and consistency in the long run. This lack of consistency undermines the potential for sustainable profitability and can end trading careers prematurely.
Recent Real-World Examples
Recent years have seen numerous cautionary tales illustrating the dangers of revenge trading (all links are from r/wallstreetbets subreddit for learing/ educational purposes only):
$40,000 Lost on NVDA Options (2024). A trader repeatedly doubled down on Nvidia (NVDA) put options during its price rally in mid-2024. Despite initial small wins, the trader, driven by the urge to recover losses, continued to increase his position size, ultimately losing over $40,000.
$26,000 Lost in 20 Minutes on SPX. A Reddit user reported losing $26,000 in about 20 minutes trading the S&P 500 index (SPX) after prices dropped sharply. The loss was the result of impulsive trades made in an attempt to quickly recover from earlier setbacks.
From $27,000 to $0 in Three Days. Another trader turned $500 into $27,000 in just a few days, only to lose it all within 48 hours after a market reversal. Instead of taking profits or stepping back, the trader kept chasing losses with increasingly risky trades, ending up with nothing.
$100,000 Loss on a Yen Carry Trade. A trader, influenced by news of geopolitical tensions, made a large leveraged bet on the yen. After an initial loss, he refused to cut his losses and doubled down, ultimately losing $100,000 instead of accepting a smaller $30,000 hit.
More juicy stories are to be collected...
These stories are not isolated incidents. They are echoed across trading forums and social media, serving as stark warnings of how quickly revenge trading can destroy even substantial gains.
Conclusion
Revenge trading is DANGEROUS AND HARMFUL because it replaces rational, strategic decision-making with emotional reactions, leading to escalating financial losses, psychological distress, and long-term damage to trading discipline. The real-world examples from the past year underscore that no trader-regardless of experience-is immune to its risks. The best defense is to recognize the urge, step away, and return only with a clear, objective mindset and a disciplined strategy.
--
Best wishes,
@PandorraResearch Team 😎
Bull market Monthly green candleRecap: 1. Weekly RSI 30
2. Weekly bullish engulfing
3. S&P successfully defended oct 2022 trendline
Now: Monthly hammer candle
Next potential scenario: 20500 level could be the neckline/resistance level for a inverse head and shoulder, coinciding with the 20 weekly SMA as of now.
Next probable scenario: Expecting May monthly candle to be a continuation green candle.
Watch out december 2022 trendline acting as resistance
NQ KEY ICT LEVELS - 1st MAY 2025Levels marked on the chart using my free indicator which marks out all of the ICT key levels which can be used for potential POIs where price might react
05/01/25 Morning RecapTake out ASIA high at London open (with just a wick maybe we can see a continuation higher?) +.5 SD Levels (2nd touch in the area of the day) and ElasticVolTTension +2 (Overbought on 5M tf)
If price shows sign of reversal down this can be a good short scalp. Let's see.
Confirmation entry: can be an IFVG on 5M or lower timeframes.
Target the daily open or the half way to.
NQ Power Range Report with FIB Ext - 5/1/2025 SessionCME_MINI:NQM2025
- PR High: 19936.00
- PR Low: 19805.00
- NZ Spread: 292.5
Key scheduled economic events:
08:30 | Initial Jobless Claims
09:45 | S&P Global Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
Wide previous session swing expanding week high and low
- Continuing to push highs back towards 20k
Session Open Stats (As of 12:25 AM 5/1)
- Session Open ATR: 662.61
- Volume: 47K
- Open Int: 241K
- Trend Grade: Bear
- From BA ATH: -11.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- 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
NASDAQ - Point of Control - Stop and Up from here? This is the point of Control (most traded price) since the COVID crash.
Looks the same for the /YM Dow Jones continuous front month contract.
Why does this matter?
Because that is where the market stopped for COVID Crash - the point of control going back to 2008 GFC. (which I realized 6 months later) But NOT this time!
With that said - the /ES Futures are not quite to there - but interestingly and check yourself on a daily time frame the /ES Futures is at .618% Fib retracement.
That folks is confluence.
I'll it there for all to consider.
MAY 1ST - BULLISH IDEA - MNQ - NASDAQThe market seems to fill the 4 hours gap, and took al liquidity acumulated, now it's has all the path free to visit the daily bearish order block.
NQ: 181st trading session - recapNothing happened today that was mentionable, wasn't really locked in today but I also wasn't expecting to trade so it is what it is ig. No coffee - that could've been why.
NQ Power Range Report with FIB Ext - 4/30/2025 SessionCME_MINI:NQM2025
- PR High: 19611.75
- PR Low: 19563.25
- NZ Spread: 108.5
Key scheduled economic events:
08:15 | ADP Nonfarm Employment Change
08:30 | GDP
09:45 | Chicago PMI
10:00 | Core PCE Price Index (YoY|MoM)
10:30 | Crude Inventories
Maintaining inside print week range
Session Open Stats (As of 12:55 AM 4/30)
- Session Open ATR: 654.86
- Volume: 32K
- Open Int: 245K
- Trend Grade: Bear
- From BA ATH: -13.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- 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
2025-04-29 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: We see big bear spikes but no follow-through. Once every dip stalls, bears are out and bulls take over again and inching this higher. Tomorrow we either get a strong breakout above or below. As of now bulls are in full control, since bears have not traded below the prior’s day low for 6 consecutive trading days. Pain trade is up. Tomorrow is end of month, so I do think bulls want this monthly bar to be a big duck you to the bears and close it above 20000.
current market cycle: trading range
key levels: 19000 - 20000
bull case: Bulls want 20000. As long as they stay above 19379, they remain in control. Not a strong trend up but it’s making higher lows and higher highs. So buy pullbacks until it stops working. Do. Not. Buy. The. Highs.
Invalidation is below 19379.
bear case: Bears need to stop the higher highs and start making meaningful lower lows again. They are trying to get some selling going but on any decent resistance where market stalls, they run for the exits and bulls pump it higher. Bears are making money on selling new highs though. I turn bear again, once we drop below 19200. Neutral range is 19200 - 19700
Invalidation is above 19720.
short term: Can’t be anything but bullish. Bears could come around strongly any day, given that we only get bad news currently but so far, market does not care and we are squeezing hard. 20000 is the price to hit now.
medium-long term - Update from 2024-04-20: My most bearish target for 2025 was 17500ish, given in my year-end special. We are +18% from the lows and I do think, once this turns again, it will easily be the short trade of the year.
trade of the day: Buying the spike down below 19400 and betting on a lower high. Shorting 19600 was decent because you could have down it all day and made a duckton of money.
NQ Buyside IdeaTargetting that Asian session, After they stopped us out on a previous trade, once we traded above the NWOG and retested that 50% I entered once again expecting to find support. Final target being ASIAN Highs.
NQ: 180th trading session - recapI now exactly know what I need to do, I've categorized EVERYTHING. Took ya long enough.
For myself:
1. bearish opening
2. late bearish increase
3. strong bullish opening with higher timeframe setup/ fundamental confirmation
4. bearish tilted ranges.
I like bearish trades more than bullish ones, it's simple really. It's the fundamental idea behind it: People panic sell or sell because they want their contracts gone ASAP. People buy and wait. Price can go up now or in a few hours or whatever.
Bears move fast, bulls move slow, also on smaller timeframes, especially on slower timeframes.
Pair a bearish trend with fundamental price action and momentum as an entry signal and you got a great system.
