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
NQ1! trade ideas
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.
NQ Power Range Report with FIB Ext - 11/14/2024 SessionCME_MINI:NQZ2024
- PR High: 21175.25
- PR Low: 21146.50
- NZ Spread: 64.25
Key scheduled economic events
08:30 | Initial Jobless Claims
- PPI
11:00 | Crude Oil Inventories
15:00 | Fed Chair Powell Speaks
AMP margins increase once again ahead of jobs, PPI and Powell afternoon
- Maintaining Nov 7 highs near ATH
Session Open Stats (As of 12:25 AM 11/14)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 282.36
- Volume: 23K
- Open Int: 282K
- Trend Grade: Bull
- From BA ATH: -0.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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
NQ Bull FlagNQ gas been consolidating after breaking above its longer term wedge. Nice looking bull flag here on the 4hr. I think an upside break would likely lead to another new ATH. If not, strong support below with demand and some longer term trend support. I think any moves down to the 21k-20.8k area will be bought but if not we could see a lot downside and quick.
NASDAQ 2/3 to targetI've been tracking this CME_MINI:NQ1! cup and handle since the handle broke out last year. We are now 2/3 of the way to target and with the Trump pump seems ever more likely it reaches target. I still believe there are some nasty times ahead sometime after the 10Y3M fully uninverts, but in the meantime I'm looking up. 25,000 is the big target for the nasdaq.
MNQ AnalysisThis is analysis of the 1h time frame. Yesterday, price reacted to Demand printing a rally. For shorts, we will trade a reaction from 1h Supply. Or, we will join sellers trading towards 1h Demand. For longs, we will trade with buyers seeking 1h Supply. Or, we will trade a reaction from 1h Demand.
NQ Power Range Report with FIB Ext - 11/13/2024 SessionCME_MINI:NQZ2024
- PR High: 21183.75
- PR Low: 21142.50
- NZ Spread: 92.25
Key scheduled economic event
08:30 | CPI (Core|YoY|MoM)
Virtually unchanged from previous session
- AMP margins increase for expected CPI volatility
Session Open Stats (As of 1:45 AM 11/13)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 289.56
- Volume: 25K
- Open Int: 275K
- Trend Grade: Bull
- From BA ATH: -1.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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
Top 5 Weekly Trade Ideas #5 - NQ Inverse H&S?We have potential for a big day tomorrow up or down with CPI being released before open. Right now it looks like NQ is forming an inverse H&S. We'll see if it plays out over night. Could be getting ready for a bullish reaction to CPI. If so, I'll look for longs, specifically on a hold of this neckline and if it can reclaim the highs from the last session near 21,227.
To the downside we have trend line support and the low from last session. If we get momentum down I'd be targeting 20,950-20,900 to exit shorts.
Weekly bias - Short Short bias -
Invalidation: price above 21,340.75
11/11/24: NQ invalidated most of the long supports within its range, we have news Wednesday(5:30am PST)11/13, Thursday(5:30am PST) 11/14, Friday(5:30 & 6:15am)
Shorting above 21,292.75, I don't have a stoploss yet, besides the invalidation point.
Target 1: 21,054.75
Target 2 : 20,878.00
This would cover the daily FVG -
MNQ Short Idea Sellers have printed a Supply Zone on the 15m time frame, breaking Demand. The Supply Zone offers premium pricing for Shorts, which we would scale out of through 1:3.
11/12 NQ hour and daily chartsNQ needs to get above 21,265 to continue bull run. Buyers need to hold 21,097. A break under 21090 could push significantly lower
