When you see off session lifts/rallies and not much in Open Session, look Short. These tricks have been working all year and is why the NAZ is only -25 and not -50%. This one is most likely to offset the QT hit that will show up this month. Below is Divergence on IDS 50 and yesterday signal that matches my comments in yesterday's post. I am a bit surprised with...
NAZ out of channel today. Feel it will need to drop/pop to get near upper target. O/N may just take it higher and Open may sell it off some with DZ taking it back up. Push pull PA today at lower range, that changed mid day.
The following can be used with the IDS 27 system. IDS will provide a trading system used with intraday trading of the NQ Futures Contract. Signals, Retests and Adds Signals, Once the 3 key indicator's are present, the Signal (Long/Short) is active. Yellow arrow will show the Signal. You can trade from the Signal or wait for the retest. Retests, The white arrow...
Holiday O/N prop did it job once again, look for some more tonight with sell off near or after Open. Yellow lines are targets and turning/stall points. Will intraday analysis to capture the points. Hit/pass at 168 may go to 247 should NAZ stay above 12020 40 level. Under is under Double Bottom and may reverse the PA. NAZ is orderly staying the the Channel (15...
NAZ currently at double bottom, white arrow is Long and Yellow is Short. I believe that rallies will be sold until we hit Box Bottom. O/N will try and lift the NAZ over Sunday through Holiday. The drop offset yesterday did work out well to cushion the drop today, this has been the playbook all year. Still looking for some big down O/N sessions and I feel they are...
Red TLX, Long above and Short below. Algo's are back, final 10 minute 100 point rally and the internal PA has gone stopped the jerky push pull. O/N propping is likely tonight. Long weekend may change things mid day. Hard to tell, today and the tonight's O/N prop may be drop offset moves more than buying strength.
NAZ to stay in the channel. New month and new money, the O/N prop may get some help at Open and get above Mid Channel. The twist tonight may be a drop in O/N as I just can't see them playing the same predictable, unreal play again after today. However, still going with O/N prop to Open drop. Need to play the TTZ's accordingly to rack up some points. Tomorrow may...
NAZ will drop/pop to get through the 12361 level. Low volume will help the Long side as things appear to be easy to whip around. Last night's Prop Drop Offset did help to stabilize the NAZ about 150 points. The drop in the O/N will be a head fake, the buyers will step in on any lift. Most likely tomorrow could be the next Short set up for a deeper dive for...
In order to be a great trader you will need to understand the TTZ's (trading time zones). These are the Overnight (O/N), Pre Hour Open (PHO), Open Range (OR), Dead Zone (DZ) and Close (final hour). The OR is the 1st 30M or 60M, Dead Zone is the 2nd hour until final. These zones act very differently and have a consistent bias. The O/N is usually Long, especially...
NAZ in narrow range and this can be viewed as Bearish after the Friday drop. Red line (TLX) is a Strong Short and Long above. Expect some propping in O/N and selling near Open or after the Open. Not much more to say, the intraday price action is key these days and the only way to really capture moves.
Expect the Prop back up to/near yellow line, stall and drop to next lower target. I highly doubt that any lift up will hold after last weeks very strange and bazar climb up, with Friday's rejection. We talked about it all week, "NAZ being propped and looks like a drop offset". This has been going on all year and will continue. Expect the O/N's to lift and the...
Traders count points and investors look at percentages. The YTD moves will show that Trader's have the advantage over investor's as we can make moves in 2 directions vs 1. In todays Long only investment product world, the investor is hoping the markets rise as the trader can moves in either direction. The January to March drop was very profitable for the trader...
I will leave this open until the NAZ breaks out of the box. IDS 100 used to create signals, white vertical line up with usual system signals, yellow horizontal are TLX's above. White horizontal channels are previous turning points or S/R levels & equilibriums. Red lines are like mid points between or secondary KL's. Think that NAZ will bounce around in the Box for...
Today's 200 points came in a strange way, 5 minutes in middle of night and another in final 20 minutes. Low volume and nothing but lifting with ease. Just not the usual NAZ. Again, most of gains come in O/N and selloff in Open after a pop. Dead Zone to push back up after the drop. Strange days and looking like a great long tarp. The NAZ is well above Danger Zone,...
Really whippy PA in O/N and Open. The range will be the two yellow lines with a Red TLX. TLX is Long above and Short below. Decent Prop Offset today, did not hold at high and gave it back. The Danger Zone will be defended by the Riggers.
NAZ in narrow range and will need some O/N help tonight. NAZ dos not do well when there is no O/N prop. The Danger Zone is near and last night low did bounce off, look for a retest. NAZ is out of the Long Term channel and was rejected today.
Expect some lift in O/N, watch 12920 level. White is Long and yellow is Short. Wide range and may see a pop and drop.
NAZ traveling south, let's keep going. Expect some lift with riggers in O/N. Only item was that the NAZ moved in a 50 point range after the 1st 30M drop. I would of thought there would have been more. It will be interesting to see how the usual strange PA and timing of PA try's to offset this over the next few days.