NQ - War On Buystops

Similar to ES, NQ witnessed a massive sell off; close to 1000 handles meaning that if you had 1 contract running from last Thursday’s high and closed out at the bullish daily order block @ 1789.75, you would have booked close to $20,000. Many professional traders are trading with 5, 10, 15 contracts and yes, although taking profits is very important, I am sharing the general scope of how yearly wages can be made in a few days if our stay consistent and manage risk.

I want to see a continued selloff before intraday 1 hour buystops are ran on before considering a trade. Observing 17553.25.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN

Trade closed: target reached:

Booked! $17,553.25 final bullsish projection has been met with a continuation to the upside.

Will be sitting on my hands for the remainder of the week and will be back on Tuesday.