NQ Trade BreakdownHad a bullish bias going into today's session based on the daily timeframe close from last week. First entry was botched but got in again successfully. Trade still ongoing.
NQ1! trade ideas
MNQ Intraday AnalysisThis chart shows the 4h timeframe. Following a reaction to demand, buyers have cooled off. We will wait for a either a continuation to supply, or a pullback to deeper demand. Any trades will be taken on the 5m timeframe.
6figure journal 1today November 18 the weekly is bullish to me the daily is bullish to me i decided to test the London silver bullet of sweet spot between 2 and 3 am i saw 15 min structure being taken with sell stops activating down to old high and a 15 min fvg my first entry did not plan out went up little bit then stopped me out i honestly for second thought that it was sell instead but i just waited for the low to be taken and for a breaker to form if it didn't do it i wasnt going to trade again exactly at 3 a breaker was formed and we took the buy all way back up to 1 hr fvg at 20565, honestly i felt lil bit discouraged when my first entry got stopped kept confidence and caught the move , got take it step by step and just keep being consistent we got this
NQ Power Range Report with FIB Ext - 11/18/2024 SessionCME_MINI:NQZ2024
- PR High: 20568.50
- PR Low: 20476.00
- NZ Spread: 206.5
No key schedule economic events
Auction return to daily Keltner average cloud
Session Open Stats (As of 1:45 AM 11/18)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 305.18
- Volume: 38K
- Open Int: 277K
- Trend Grade: Bull
- From BA ATH: -3.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 21525
- Mid: 20954
- Short: 19815
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
Reversion to the mean on NQ First target to start off the week is aiming for 20,697. Fair value sitting at 20,636 so expect time delays.
First major stops resting at 20,867....i expect more tests of 20,400 as well. Stand by for a expanding range on hourly
Larger targets resting lower around 20,233 for daily purposes.
NASDAQ Next weekPrice Running between Ascending channel and already
touches upper border and clear bos there
i expect price will fall down till bellow trend line
that is strong trend line in 4 Hour
However we have 2 scenarios. if price broken the below trend line
will fall to below imbalance around 19000 level. That means down border of channel
If price got bullish rejection near trend line price will rise around 2100 - 2200 areas.
waing to bullish or bearish confirmation and execute your trade. good luck
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.
SMT Sniper The provided Pine Script defines a trading strategy based on the concept of Smart Money Techniques (SMT). SMT involves analyzing the behavior of institutional investors—often referred to as "smart money"—to identify potential market movements. By observing divergences between correlated assets, traders can infer the actions of these large market participants and make informed trading decisions.
Understanding the Indicator:
This strategy focuses on the E-mini S&P 500 futures (ES) and operates as follows:
Input Parameters:
lookback: Defines the period over which the highest high and lowest low are calculated.
es_symbol: Specifies the symbol for the ES futures.
target_profit_bars: Determines the number of bars forward to set the target profit.
initial_risk: Sets the risk percentage per trade.
Data Retrieval:
The script fetches the closing prices of the ES futures for the specified timeframe.
High and Low Calculations:
Calculates the highest high and lowest low over the defined lookback period.
Signal Generation:
Buy Signal: Triggered when the current close equals the highest high within the lookback period, indicating a potential bullish divergence.
Sell Signal: Triggered when the current close equals the lowest low within the lookback period, indicating a potential bearish divergence.
Trade Execution:
Entry: Upon a buy or sell signal, the strategy enters a long or short position, respectively.
Stop-Loss: Set at the low of the signal candle for long positions and at the high for short positions.
Take-Profit: Calculated based on the distance between the entry price and the stop-loss, multiplied by the target_profit_bars parameter.
Trade Management:
The strategy monitors the position, closing it when the price reaches the take-profit level or hits the stop-loss.
Considerations:
SMT Divergence: Traditional SMT analysis involves comparing the movements of correlated assets (e.g., ES and NQ futures) to identify divergences. This script simplifies the approach by focusing solely on the ES futures and its price action.
Risk Management: The initial_risk parameter allows traders to control their exposure per trade, aligning with prudent risk management practices.
Customization: Users can adjust the input parameters to fit their trading preferences and market conditions.
For a more comprehensive understanding of SMT and its applications, consider exploring resources that delve into the nuances of smart money behavior and divergence analysis.
THE STOCK DORK
By aligning your strategy with the principles of SMT, you can enhance your ability to anticipate market movements influenced by institutional trading activities.
1ST TAKEthis is my first time trying to record my analysis and commentary. omw to building my utube channel to showcase my skills to the public and hopefully monetise it to better my future
NQ MAKING NEW HIGH NEXT WEEKIt looks like NQ broke the previous high of $20,850 before pulling back to $20,503, continuing its uptrend. We might see a new high next week.
Lord Jesus Christ, Son of God, have mercy on us sinnersare you ready... ?
In the name of the Father, and of the Son, and of the Holy Spirit. Amen.
Glory to Thee, our God, glory to Thee.
O Heavenly King, O Comforter, the Spirit of Truth, who art in all places and fillest all things; Treasury of good things and Giver of life, come and dwell in us and cleanse us from every stain, and save our souls, O gracious Lord.
Holy God, Holy Mighty, Holy Immortal, have mercy on us.
Glory to the Father, and to the Son, and to the Holy Spirit: now and ever and unto ages of ages. Amen.
All-holy Trinity, have mercy on us. Lord, cleanse us from our sins. Master, pardon our iniquities. Holy God, visit and heal our infirmities for Thy name's sake.
Lord, have mercy.
Glory to the Father, and to the Son, and to the Holy Spirit: now and ever and unto ages of ages. Amen.
Our Father, who art in the heavens, hallowed be Thy name: Thy kingdom come; Thy will be done on earth, as it is in heaven. Give us this day our daily bread; and forgive us our trespasses, as we forgive those who trespass against us; and lead us not into temptation, but deliver us from the evil one.
For Thine is the kingdom, and the power, and the glory, of the Father, and of the Son, and of the Holy Spirit: now and ever and unto ages of ages. Amen.
In one, holy, catholic, and apostolic Church
11/15/24 NQ resultsAs called this am, all 3 short entries hit, then multiple targets.... excellent day.
NQ WEEK 11/11/24Trying to keep this as simple as possible.
Once price breaks outside of the Blue range, watch for possible retest of broken level and be ready to long or short into the YELLOW ranges.
Price may exceed YELLOW range targets, but it’s at least a strong help to make profit 🎯🫡.
*LEVELS ARE NOT RANDOM OR BASED OFF EMOTION OR PERSONAL BIAS. BACKTESTED WITH THOROUGH RESEARCH WITH OVER 90% ACCURACY....HENCE WHY MOVE WILL MOST LIKELY BE GREATER THAN ESTIMATED.*
LONG NAS100 Futures or QQQToday the correction from the new highs has reached the lower end of its trading range calculated using price and volatility which is 18650 the upper bound still calculates to new all time highs. The risk reward here is excellent.
MNQ Intraday Analysis This chart shows the 4h timeframe. As market opens, we want to see Sellers push price deeper to Demand. We will join shorts targeting Demand on the 5m timeframe. Or, we will wait for a swing pullback to form on the MTF to mitigate overhead Supply before seeking Demand. From Supply we would short a MTF reversal pattern.
20241115 NQThere is very nice -DOL at D bisi CE and d +BRKR MT level. I would like to see some more downside. If there is an upside reversal I would like to see it after 9.30. The more downside is done before 9.30 the better it is for the later upside move within TGIF profile.
NASDAQ Micro E-mini Futures (MNQZ2024) Bullish Reversal TargetTrade Idea Summary:
This analysis highlights a potential bullish reversal in the NASDAQ Micro E-mini Futures December 2024 contract (MNQZ2024), focusing on Fibonacci support levels that may trigger a rebound.
Key Points:
• Fibonacci Support Levels: The price is testing major Fibonacci retracement levels at 0.5, 0.618, and 0.704, which are often reliable zones for potential reversals.
• Entry Zone: Look for a long entry within the 0.618 - 0.704 Fibonacci support area. For those who appreciate precise entries, the 0.79 level is an added gem – a personal favorite for catching deeper retracements with high reward potential.
• Profit Target: Aim for the resistance level near 20,870. This is the next significant hurdle, and it aligns with prior highs in the market.
• Stop Loss: Set a stop loss below the 1 Fibonacci extension (the lowest support level), to protect against further downside.
Trade Rationale:
If the price holds within the 0.618 - 0.79 Fibonacci support zone, it may attract buyers, increasing the likelihood of a move up toward the resistance level at 20,870. This setup offers a favorable risk-reward profile for a potential bullish reversal.
11/15/24. NQ daily points. Market neutral now! NQ daily points of interest.
Buy stop1: 20921.75
Buy Stop2: 21014
buy stop3: 21111.
Target 21,171, then 21375
Sell stops: 20836, 20783, then 20763. Short target: 20682, then 20528.
NQ Power Range Report with FIB Ext - 11/15/2024 SessionCME_MINI:NQZ2024
- PR High: 20981.50
- PR Low: 20937.00
- NZ Spread: 99.5
Key scheduled economic events
08:30 | Retail Sales (Core|MoM)
Full rollover from ATH below Nov 7 low
- Rotating back near daily Keltner avg cloud below previous ATH ~20800
- Continuing value decline from previous session
Session Open Stats (As of 1:45 AM 11/15)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 284.32
- Volume: 42K
- Open Int: 290K
- Trend Grade: Bull
- From BA ATH: -1.9% (Rounded)
Key Levels - UPDATED (Rounded - Think of these as ranges)
- Long: 21525
- Mid: 20954
- Short: 19815
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
buy NQ 20904 (sorry late callout)was looking for price to break key level/ trend line but didnt happen. got a nice confluence bounce. TP 1 at day low. TP 2 at day close.
NQ One Hour Up Fibonacci: +1,662 TicksThe NQ one hour time frame has an up Fibonacci where the target is about +1,662 ticks above the market. The market is showing signs of a low price that could cause a bottom followed by a push towards the Fibonacci extension. As long as the market does not enter into the sell zone. Looking for long ideas towards the Fibonacci target should be a good idea.
Long MNQ 4h broke previous candle low but reversed and closed bullish. Long entry signal. hold for 2x atr or 2 candles.
