Nasdaq (MNQM) - Live Trading Trade 2Full breakdown of how to enter, exit and mange risk when trading Nasdaq during the US AM sessions.
NQ1! trade ideas
NQ Trade Idea/Execution/ManagementContinuation of that buy idea I had previously. Was stopped out in profits after shifting SL.
I am looking for higher prices, however price traded to the NWOG Low and started selling off and failing to go higher, could we be seeing a retracement the remainder of NY session and will likely see the buy take place tomorrow?
NQ1 - Breakout!The gap has proved to be a Breakaway Gap.
And now after a cause building descending channel (Wyckoff Creek), this looks like a full breakout.
Pushing through resistance here with some minor degree re-tests.
Might yet have a more significant but minor pull back before fully breaking through.
But in the end it will likely be up and up from here 👍.
Not advice
NQ Power Range Report with FIB Ext - 5/8/2025 SessionCME_MINI:NQM2025
- PR High: 19957.25
- PR Low: 19910.75
- NZ Spread: 103.75
Key scheduled economic events:
08:30 | Initial Jobless Claims
13:00 | 30-Year Bond Auction
Auction remains inside week range, 19920 to 20200
- Contained inside Friday's range, advertising return to 20280 high
- Strong value increase through Asian hours
Session Open Stats (As of 12:35 AM 5/8)
- Session Open ATR: 578.32
- Volume: 43K
- Open Int: 257K
- Trend Grade: Bear
- From BA ATH: -10.9% (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 DUMP and PUMP! The Nasdaq has demonstrated notable resilience in its recent upward movement, retracing approximately 50% of the decline experienced during the first quarter. Importantly, price action has reclaimed the anchored Volume Weighted Average Price (VWAP) from the all-time high (ATH)—a technical milestone often interpreted as a bullish signal. This is particularly significant considering that the last time this level was tested, the index subsequently declined by nearly 15%.
Currently, price is consolidating within what appears to be a bearish wedge formation. Should this pattern resolve to the upside, it could signal a broader market reversal. In such a scenario, key levels to monitor include the golden fib 618 and the anchored VWAP from the recent low—both potential zones of support. A decisive breakdown below these levels, however, would carry bearish implications, likely opening the door to new lows.
At the moment, I have plotted a potential 1-1 extension of what can be an ABC pattern within the wedge, in confluence with a daily level of liquidity. This is the major level I will be paying attention to.
For now, a prudent approach is to assess the market on a level-by-level basis and remain agile in identifying the next viable trading opportunity.
NQ Power Range Report with FIB Ext - 5/7/2025 SessionCME_MINI:NQM2025
- PR High: 20133.75
- PR Low: 19799.50
- NZ Spread: 746.25
Key scheduled economic events:
10:30 | Crude Inventories
14:00 | FOMC Statement
Fed Interest Rate Decision
14:30 | FOMC Press Conference
Temporary AMP margins increase for upcoming FOMC (25%)
- Session open volatility creates 334 point initial range
- Maintaining Friday's range, holding 20200 rotation advertisement
Session Open Stats (As of 12:55 AM 5/7)
- Session Open ATR: 592.41
- Volume: 57K
- Open Int: 257K
- Trend Grade: Bear
- From BA ATH: -11.5% (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
Supply and Demand Zones 5/6/25 and 5/7/25 $NQChart link: www.tradingview.com
On the 4HR chart, price is setting up for a head and shoulders pattern, but there has been solid break and retests of past levels to allow price to move up into the Daily supply above. Given the previous news released today from Trump that there is 'talks' to get settled with Canada and China tariff prior to FOMC, I expect a large move to take place between tomorrow and Thursday.
If we have a continued strong bounce off the 30MIN demand and 1/4HR imbalance zones and break over 20273, then I will consider a long into the 20390 4HR imbalance above (50%) and the daily supply above of 20440 (50%).
If we have bearish order flow where we break through the demand zone (break and retest) to go lower, then I will consider shorts towards 19600/19100/18700 demand and previous breakout levels.
MNQ1!/NQ1! Day Trade Plan for 05/06/2025MNQ1!/NQ1! Day Trade Plan for 05/06/2025
📈 19840 19900 19965
📉 19779 19717 19655
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*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.*
MNQ Possible Long setup formingNQ has been very bullish overall. Looking at the 15 min time frame we are potentially developing a hidden divergence. If we develop that divergence with price and price reaches the OTE of that range, ill be interested in taking longs because the OTE level lines up will a nice hourly demand zone and a heavily traded zone.
