NQ this morning is back at being in her RANGE with her structures being a mix of Lhs and Hls. The BEARS would have to break past a “HL” to change her current bullish TREND. Can’t tell what her decision would be so I have these SETUPS placed. Have a great day!
NQ yesterday was a total fail as the market failed at picking a direction. Instead she just went back n’ forth and today, She’s going sideways. However, the structure is still BULLISH which is weird considering how the bulls aren’t strong enough to get past the previous high. I have a BUY setup at my usual point waiting for that HH break (if any) for a...
It’s another week in NQ and a new month, NFP week too. She’s made LHs but still in that uptrend with HHs and HLs. I have setups after previous HLs and HHs as usual. Waiting to see what she decides to do with this TREND. As always she can only do 3 things: Up, Down and halt.
New day in NQ and this week has actually not been bad. The structures, a little smoother than last. I have a few setups because there’s a BED in an UPTREND and I’m not exactly sure of the bears until she breaks past that HL. Till then, I’ll be on them side-lines.
Thursday in NQ can be crazy. Hesitated and missed my first BUY-STOP. Kinda doubted it. Wonder why? Anyway, If the bulls are now in charge, I’ll see if I get the second. If not, She forms a DT which changes the structure, again. If HL breaks, I’ll look for SELL-STOPS.
NQ today gave an early buying opportunity I’m currently in. She broke past previous LHs and created a BUD and HL which was enough BULLISH signs. However, It’s only finalized when she’s past the 80. I probably have another setup there as well. Let’s see how she acts today.
Another day in the NQ and still in that damn range. This time, below the 50. She’s been indecisive for a while now and can’t tell where she’s headed. As for structures, There’s still the issue of having HLs and LHs in a market at the same time. Till there’s a clear direction—WAIT
New week and NQ is still in that little range. Not exactly BEARISH; Not exactly BULLISH. That’s how you know it’s a range. Usually in situations like this, I wait till she decides. Breaking HHs to form new ones or Breaking HLs to form new structures. It’s undecided.
I'm looking for LONGS because of the current structures (HLs with a “left-untouched-hl”). NQ hasn't exactly broken past the last LOW she created. So, I can't exactly take SHORTS now. Right? However, I’m watching this one keenly.
NQ’s news reaction was epic. I mean I saw the signs (wedge, bearish divergence) but she didn’t fail at giving that FAKE-OUT first (which I gained from btw). Anyway, Now she’s currently at a confusing state. Created a LL but no LHs so is she really bearish? I can’t say! I’m monitoring the 50 and 20. A break above the 50 gives a little BUY opportunity. I say...
What have you heard about WEDGES? This is NQ currently in one. I have seen a situation like this, But I can’t exactly marry the idea of it going to fall just yet. You just never know. Ergo, I’m prepared for what’s to come. She’s really been moving slow this week. No TRADES yet.
No opportunities in NQ yet. She’s been like this since yesterday. Waiting on that BREAK. I have two plans: A break above 80% for a BULLISH continuation if any or A break below the 20% if the BEARS decides to come back in. So, I’ll wait to see what she decides to do.
New week in NQ and I’m seeing the BEARS came in after that divergence. LHs created with a broken HL and “yet-to-be-broken LL”. I have a short bias just because of the current vibe. However, I’ll consider longs if the LL fails to break and a HL is created. What’s your plan for NQ?
I think sometimes we tend to be so stuck in the PAST that we neglect the PRESENT. That being said, I am a working on that. Lol! The reason I want to always remind myself of this: No matter how weird it looks always go with the “current” TREND. Then when there’s D and A, stay out! The idea of saving my WINNERS was suggested from a TRADER'S email list I'm subscribed...
I will be TALKING ABOUT MY LOSERS AND WINNERS AND THEIR LESSONS. These videos will be in parts. Be sure not to miss a thing. I’m a sucker for STRUCTURES. I think I first fell in love with just figuring out the building block for this FOREX thing before even thinking about them executions (don’t do that by the way). My entry levels are usually based off Ts and...
Slow day as usual. Till maybe the NY open. NQ is still in an uptrend and hasn’t broken past any HL for me to consider a CIS. My bias is in the direction she’s currently at. There’s a bearish divergence though indicating some sort of weakness. She could switch up at anytime.
First thing to note is them (NQ) HHs and HLs after that BUD formed. She struggled a bit but it was just a bullish vibe all through. Never broke past yesterday’s 20. Now, she’s at a previous resistance (12309) wondering if she’ll break past it. Will the thursday’s 3/9 break?
For NQ today, I’ve been waiting for the break of them structural L&Hs. I’m only getting mid levels. Missed the first HL break. She breaks past the second, I’d then start considering the opposite side. Waiting to see if I get the second. I actually had a dry week but, We muvee!