12.2.24 NQ observations on 4-Hr chartPre-market 4-hr candle very small range this am, usually suggests a big directional move today. If bullish, target is 21265, if bearish 20779. My bias is bullish, but we shall see.
UNF1! trade ideas
MNQ1! Possible Play's for Monday 12/1/2014So Its been a min since I've messed with Nasdaq. I've always loved trading US30 , Nasdaq can be sometimes cleaner when it comes to price action. So here is my what I personally seeing on the chart. I personally waiting tell we get a break. It's in a consolidation area right now so I have 2 idea's buy's & sells. We will see what play's out. My entry point's are on the 5min chart once the break happens . Happy Monday Everyone $$$$
NQ Power Range Report with FIB Ext - 12/2/2024 SessionCME_MINI:NQZ2024
- PR High: 21004.00
- PR Low: 20952.50
- NZ Spread: 115.0
Key scheduled economic events:
09:45 | S&P Global US Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
Maintaining previous week's range near the highs
Session Open Stats (As of 1:15 AM 12/2)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 289.09
- Volume: 26K
- Open Int: 273K
- Trend Grade: Bull
- From BA ATH: -1.8% (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
NQ Long Idea - Charts lining up for a breakoutI am looking for key levels of support at the 20936.25 level. As long as we find support buyers there, I am looking to go long for 3 price target points.
My Price targets are for this current week in front of us Dec 2nd 2024. Longer periods can possibly expect a tag of ATH.
Price Target 1 = 20984
Price Target 2 = 21016.50
Price Target 3 = 21096
We have been setting in higher highs on multiple time frames. The Daily time frame is showing that we have buyers pushing us up even during key rejection spots. If we can find away to close above 21020 on the hourly, we can have good reason to believe we can send this towards all time highs before the end of 2024.
MNQ Analysis This chart shows the 1h timeframe. Buyers have taken control over sellers, printing demand zones. Our plan is to buy aggressively from these zones, while being mindful of possible short setups targeting demand.
NQ ideaHere are my thoughts on the trade, I think you should get out of it and wait for a better setup
NQ1! BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
We are targeting the 20,498.50 level area with our short trade on NQ1! which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
NQ: 94th trading session - recapI'm back, gonna start journaling on here more often, seems pretty fun.
I developed & imprivedmy discretionary based strategy over the past few months and I'm finally seeing some ups again after a lot of bad performance.
Trade breakdown:
- NQ has been on an upwards consolidation, which I don't really like tbh. Two days ago however it broke that range with a lot of momentum to the downside. Initially I had a bearish bias, but overall I just had a feeling that today there will be some big moves. (I don't really like having a bias cause it restricts me and my edge in so many ways but I cannot help it.)
- after breaking to the downside price started consolidating, establishing a smaller range that I could use for entry POI's
- I thought price was gonna break the range to the downside, especially because price was already pushing against it, before market open. However, it really had trouble breaking through, the bulls were also pushing.
- I like seeing this beginning price action as "the bulls & bears fighting, and whoever wins first gets the big move". This means basically that if we have a break to the downside, im short, and if we get a break to the upside, im long (only if we see enough momentum, this is so important!!!)
- the bulls then took over and "won the fight against the bears", making me take a long position
80 tick SL
1:3 RR
I will work on my RR and overall TP's, not too entirely sure how I'm gonna manage that...
November 28th-29th, 2024: MNQ ShortMNQ Short Position:
Entry Price Range: 21130 - 21260
Take Profit (TP): 20960
Action: Close all positions at the TP point and protect your trades. Be sure to set stop-losses for each position you open.
Note: Since we are at the last day of the month, the market may quickly turn bullish after reaching our target. Stay alert and manage your risk. I am trading MNQ February contracts if you are Trading MNQ December please find the entry related to these candles.
This is my trading idea—please conduct your own due diligence before acting. Feel free to add your comments below and make sure to follow me for more updates!
range in nasdaqtoday we see in the market a range.
in. a video a just posted we have a deep dive into what are the best possible trades.
entry is in blue stop in red.
nasdaq trapt in rangelooking at the market today.
we see the market trapt in a range.
so we could find actually booth trades
TO ALL THE CURRENT & FUTURE DAY_TRADERSHey guys, whats up? So I've found my way back to TradingView bc even though I love thinkorswim, the alerts are very subpar for what I need and TV has the whole suite of alerts that can take mine and any patient traders success to the next level. I am only posting this bc I am going to publicly show everyone how easy it is to make a living day trading as long as you stick to (X) rules and maintain (Y) discipline you can make it to (Z) your dream of financial freedom!
I PLAN TO DO IT PUBLICLY while using a few free indicators. I dont necessarily need indicators but im using a few that helps to stay in trends as even tho profitable, I am going to be getting away from scalping for the time being. I'll still do it, just not my primary way to trade.
I guess all I can say now is LETS GET THIS MONEY!
Lovely Ascending Wedge in NQ Futures.We had a failed breakout in this wedge recently and price ran right back to it. I'll be looking for a long or a short depending on which direction price breaks.
Nasdaq Analysis: Assessing Risks and RewardsThe Nasdaq currently exhibits a compelling trajectory within a well-defined pitchfork channel. While this pattern presents enticing opportunities, it is essential to approach investments with caution due to the associated risks.
Investors should be aware that the current juncture is particularly precarious, as any correction towards the pitchfork's last support level could result in losses of up to 23% . Despite the potential for attractive rewards (18%), my investment strategy suggests that the risk-to-reward ratio may not be favorable at this point.
For those considering short-term trading, Nasdaq does offer opportunities. However, it is crucial to bear in mind the inherent risk associated with this market. Nasdaq's dynamics are influenced by a multitude of algorithms, adding an extra layer of complexity to the trading environment.
My investment method :
I am not interested in investing in the indicator at theses prices. Congratulations for thoses who bought at 10k-11k.
Not Forcing” in Trading: Lessons from Alan Watts“Not Forcing” in Trading: Lessons from Alan Watts
Alan Watts, the renowned philosopher, often spoke about the art of “not forcing” and going with the flow of life. This principle applies not only to personal growth but also to trading. Here’s how his teachings can help you master the mental side of trading:
1. Let Go of Control
Alan Watts famously said:
“Muddy water is best cleared by leaving it alone.”
In trading, this means avoiding the urge to control every market movement. The market moves independently of your will. When you stop forcing trades and chasing setups, clarity emerges. Trust your strategy, and allow the market to reveal its opportunities.
2. Flow with the Market
Watts often emphasized the concept of “wu wei”—effortless action or aligning with the natural flow. In trading, this translates to moving with the market rather than fighting it. Forcing trades out of impatience or frustration is like swimming against the current; it drains your energy and often leads to losses.
Instead, adapt to the rhythm of the market. Wait for high-probability setups that align with your strategy and execute with ease.
3. Detachment from Outcome
Watts believed that happiness comes when we let go of attachment to specific outcomes. In trading, obsessing over wins or losses leads to emotional decisions. By detaching yourself from the results of individual trades, you can focus on the process. A trade that follows your plan is a success, regardless of the outcome.
4. Patience and Presence
Watts taught the importance of living in the present moment. Similarly, trading requires patience and presence. Don’t rush to anticipate the future or dwell on the past. Every moment in the market is unique—focus on what’s happening now instead of forcing trades based on assumptions.
Key Takeaway
Alan Watts reminds us that success comes when we stop forcing and start flowing. In trading:
• Let go of the need to be right. Focus on your edge.
• Align with the market. Trade only when the conditions are right.
• Be patient. The best opportunities come naturally, not through force.
As Watts said:
“The art of living… is neither careless drifting on the one hand nor fearful clinging to the past on the other. It consists in being sensitive to each moment.”
Apply this wisdom to trading, and let the market come to you.
What do you think? How do you apply the principle of “not forcing” in your trading? Let’s discuss below!
Deep pullbackexpecting NQ to do a deep pullback to 16k if the monthly candle cant close above that level I have then I wanna see it pullback
NQ ShortsNQ Shorts for December?
HTF Buy Side Liquidity taken on the 1 Hr, followed with a Market Structure Shift and 50% retracement (coupled with iFVG at 78.6%).
I’ll be looking for setups in my Macros next week if price delivers to the area mentioned above.
2024-11-27 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
nasdaq e-mini futures
comment: Market tested the 50% retracement to the tick and reversed up. It also closed above the daily 20ema, so bulls remain in control but barely. Clear triangle on the daily chart and it has room for 1-2 more days but it could also break out big time tomorrow.
current market cycle: Bull trend but also nested triangle on the daily chart
key levels : 20500 - 21500
bull case: First target is a break above 2100 and we would likely see giving up by the bears then and no more resistance until 21340. If bulls fail here and the bull trend line from August breaks, market is free to crash down to 18000.
Invalidation is below 20500.
bear case: Bears need strong follow through selling below 20700 or we won’t see lower prices. 20850 is around the mid point of the triangle and my line in the sand for bears. If they manage to keep it below, we could test down to 20700 and maybe break below.
Invalidation is above 21000.
short term: Neutral. Either wait for a bigger breakout or play the range.
medium-long term: If we stay above 20500, will likely rally more into year end before a bigger correction.
current swing trade: Nope
trade of the day: Selling the US open. Market traded below the 2m 20ema for 240 points down.
My Trading Journal #4Hi everyone, this is my view for today, targeting the ASIA low from the previous day.
Attention:
We have a Liquidity Pool above London and ASIA today, that is, I will be looking at Sales only after clearing the high with a STOP HUNT of at least 27 PTS, the ideal being 81 PTS!
Have a great day and happy trading!
November 26th 2024 - MNQ Short MNQ Short Position:
Entry Price Range: 20960 - 20985
Take Profit (TP): 20840
Action: Close all positions at the TP point and protect your trades. Make sure to set stop losses for every position you open.
This is my idea—please conduct your own due diligence. Add your comments below and make sure to follow me for more updates!
journal 14November 27 , monthly bullish , weekly bullish daily bullish
during asian we respected 4hr fvg pushing price up then London we swiped buy stops dropping down to
daily fvg did not trade the 2-3 am zone just wasn't feeling it but looking for us to go below daily candle from
yesterday make a breaker and ride it up at 10-11 zone again i will not chase price if it doesn't happen i don't trade
