MNQZ2023 trade ideas
NQM2024 clean setupstoday price action offered beautiful setups from manipulation deviations and ADR study that 🔥
Market AnalysisThis is the 3rd time I am updating the analysis due to high impact news. Today we are bullish after all. It looks like the market will create a new all time high
UpdatedToday I think I'll look for a seal. Given how the market is reacting, I don't know if it makes sense to look for a buy.
Updated analysisBecause of the FOMC, I had to change the analysis. I am waiting for him to take the part of buyside liquidity and look for a sell. I will keep you informed if there are any changes until 08:30
1H FVGToday we aim for the FVG in one hour. Just be careful that at 02:00 pm New York local time we have the FOMC. The FOMC affects the market and there is a possibility that the market will not respect the applied strategy.
E-Mini Nasdaq AnalysisHi folks. I'm back with the analysis for the E-Mini. Today we are bullish. After he takes the sellside part, wait for him to make a break in the market structure and enter the trade. For those who trade CAD, at 08:30 you have high impact CPI news. Be careful and take care
NASDAQ (NQM2024)... BULLISHBias is Bullish.
Price ran the External LQ, then went
for the Internal LQ.
Price swept the old high, but didn't
displace through it. With the formation
of a +FVG, and price pulling back to tag
it Friday, we may see price trade
through the new high early next week.
Ideally, price will form FVGs to give us
clear indications as to its intentions.
Thank you for viewing!
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
May profits be upon you.
I updated today's analysisI updated today's analysis. It seems that the market has other plans. I will see after he takes the part of the buyside if he withdraws. And I will look for a sell entry.
Selling Nasdaq sharesSell NASDAQ shares as described in the analysis provided and follow the steps specified in Stop Loss and Take Profit
Today's analysis E-MiniFor those who still think that trading is a scam, check my profile for more information. Today we are bullish. After analyzing the DXY, I noticed that on the daily it reached a gap from which it will reverse. At 9:00 am new york local time we have the FOMC. News of medium impact news. I will keep you informed if changes are announced
NQ1! BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
The BB upper band is nearby so NQ1! is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 17922.50.
✅LIKE AND COMMENT MY IDEAS✅
Week of May 19 - NDX/VIX/10y/OilNew record highs on indexes!!
The DJI broker 40k, and CME_MINI:NQ1! itself broke to nATH as well. CBOT_MINI:YM1! never actually made a nATH, but cash DJ:DJI did - so I wan waiting for that to resolve itself.
The good news is that CME_MINI:NQ1! has a really clean weekly chart here, so I will be focusing on that this week instead of the Dow.
I think we are entering the final blow-off phase of the markets where we could see a final up leg that takes us vertical to 50k on the Dow, 7k on SPX, and 22k on NDX. That said - I still see Q4 as being super weak, but the market wants to go higher and it will get its wish with the VIX and bond market helping along - but I will cover that later.
Nasdaq
Last week, we made a nATH which is great. From HERE - I want to see a pullback on CME_MINI:NQ1! to around $18k. This is a weekly FVG as well as ~50% pullback from the ATH. This will also satisfy our ERL -> IRL move.
Once we take that out, we can see a weekly Fib projection of 19.6k - and at that point I think they would just muscle this thing to 20k.
VIX
Our poor baby TVC:VIX - what have they done to you!? Friday was OPEX so I was expecting to see them pin price somewhere as they drained the VIX dry - and thats exactly what they did.
VIX nLOY - and we almost swept the 2023 lows which is a 4 year low. The TRAP in all of this - is that I do NOT want to be looking for Longs with a VIX that is at multi-year lows. I want the VIX to pop to help pressure indexes for a normal pullback. The faster the pullback and the higher the VIX - the sooner we can get on with this final leg of a 40 year bull market.
Bonds
I have been watching the 10yr note really closely as it looks like rates are going to backtest higher before resuming lower. A slight backup in rates, along with a VIX pop, SHOULD give us the needed pressure on indexes to get a proper pullback to buy. The longer term picture is still much lower for rates from here as the economy continues to weaken. Stocks won't care WHY rates are dropping - at least not for a while.
So long as we have a low-ish VIX, and bonds are bid - the indexes (especially tech) will FLY higher.
Oil
Oil FINALLY gave us some weekly context we can start leaning against. Oil is starting to march lower and this week was just the pullback into a weekly IRL level. From HERE, I want to see Oil continue to march lower on the weekly. This will continue to ease inflation - which will drop rates - which will bid bonds - which will allow indexes to FLY. Everything is starting to align for a final leg up in a parabolic - exactly what David Hunter has been talking about.
So here is the setup I am watching for this week;
I am looking for indexes to start a pullback this week led by NQ. Any pullback I expect to be fast and sharp - so that nobody can capitalize on it. Set your alerts - I am looking for ~ 18k on NQ1!
I want to see the 10yr sweep the highs of last week, and then continue to march lower. This added pressure from the Bond market will weight on indexes.
I want to see oil start a march lower from here. The next weekly target for me is down around 75.6
Until next week - We'll be watching.
Predicted Reversal at -5 Deviation!Time & Price 👁
NY PM Session offered beautiful reversal at -5 deviation which beautifuly overlapped with Discount of Dealing Range and H1 BISI (Buyside Imbalance Sellside Inefficiency)
Also notice how bodies stayed ABOVE -4 Deviation! It's not random.
NQ - trading session no.154:00pm - 5:00pm
learned some stuff today but overall it was a good session
- dont only have a bullish bias - it can still go down you dipsh!t
- just because its a small candle/ small SL it doesnt mean its a bad trade
PnL: -1 RR (its a part of the game)
basic strategy short prior support long prior resistanceif prices goes up and touches a prior support (most of the time from prior day) then its time to short
so either use the swing indicator or draw your self the 30 min swing points
if you missed the 18500 short today, monday will most like have a rally up to this level
but in order to with max amount long there needs to be now first a new high and then a price to go back to this new high point to have a solid support level for the next uptrend...
NQ1 & SP1 W BLACKSWANNNNNN!!!!!!! GG USA & DOLARCME_MINI:ES1! TVC:DXY CME_MINI:NQ1!
This is my own opinion, for better or worse. God knows. From what I see, Nasdaq and S&P 500 are facing a very serious collapse. Keep this in mind if you want to open a big short position. You can see an example of a black swan pattern and my concept intersecting on the chart. If you ask me, the problem is significant, and the end of the dollar has come maybe ww3.
NQ Daily Idea 5.30.24.....my usual setup....dropped in our Futures Group. Coming off a month long time away from the team. Solid play for day and into last day of the month
NQ Daily Idea 5.30.24.....my usual setup....dropped in our Futures Group. Coming off a month long time away from the team. Solid play for day and into last day of the month
20240531 NQI anticipate some SandD and new low with ss raid first. The HI news are to bring volatility with upside move for the day. TGIF scenario.
Bullish Paths for NQ Heading Into PCESome bullish paths if the reaction to PCE is bullish. See previous idea for bearish paths.
Bearish Paths for NQ Leading Into PCEI'm bearish for PCE, but didn't think it was worth trying to predict so I'll be waiting to make some moves after the reaction. I'll have bullish paths in another idea.
