Volume Profile Day Trading NASDAQ FuturesHad another great day trading Support and Resistance precision with Volume profile. I swear Volume Profile is like a cheat code for the markets. I want every trader to start learning and practicing this method!Editors' picksShort17:34by norok5580
NQ Update April 1st Post (4-18-24)The White arrows to the right side are KL's. 18700 YTD High, 17027 YTD Open and 16300 YTD Low. The white dash is Mid Level of YTD Range. 4/1 Post, we have hit lower target and my see some retracement back up, not looking for a KL 18590 retest. Use Yellow dots as targets for next move. Yellow diagonaby MAZingUpdated 449
Simplified Trading - NQ - 4/19 Trading doesn’t have to be overly complex. Many newcomers to the trading world often feel overwhelmed by the multitude of strategies and indicators available. To address this, I’ve streamlined the process by focusing primarily on volume as the cornerstone of my trading strategy. Volume is a powerfby JBeTrading114
Daily Demand Zone mitigated now can we SCALE LONG this week...?CME_MINI:NQ1! "Never let the fear of striking out get in your way." - Babe Ruth I'm truly interested in going long on this asset... Being that Sellers dropped the Market off a Cliff... When the market opened up on Sunday April 14th, 2024 last week Sellers held the stronger hand and dropped the Longby TreyHighPwrUpdated 114
Idea from FVG on M5 to Relative Equal Highs Idea from FVG on M5 to Relative Equal Highs Price reached order block on weekly. We may see some measure of retracement.Longby TRADING_as_a_BUSINESSUpdated 222
NQ UpdateI guess the daily had to go oversold during market hours, not during Asian hours. Looks like a double bottom Went long again on the drop, but no tech stocks. Brazil held strong on that drop, I've got some EWZ calls for next week. Had sold it once and bought back for a bit cheaper, it didn't dropby hungry_hippoUpdated 6
two areas to stop the NASDAQ's declineThe NASDAQ declined after positive data for the dollar, especially regarding inflation, and statements confirming no imminent interest rate cuts. The second reason behind the NASDAQ's decline is Trump, who lost over $3 billion in a few days due to the drop in his media group's shares. Another reasby Hejaaa5
Quick look at DXY and NQThis week, DXY TVC:DXY (US Dollar Index) may see accumulation as investors monitor economic data for signs of inflation and Federal Reserve's stance. NQ CME_MINI:NQ1! (Nasdaq 100 Index) might fluctuate amid tech earnings and global uncertainties like geopolitical tensions and inflation fears.07:54by JP_TruUpdated 2
Nasdaq Analysis: Fibonacci Retracement and RSI DivergenceThe Nasdaq has reached an intriguing point around the 17200 area, where it sits at the 61.8% Fibonacci retracement level from the previous swing low. Price action appears to be responding to this level on lower timeframes, and we've also observed a divergence on the RSI indicator on the H4 timeframeLongby FOREXN1Updated 114
NQ Weekly Levels (Apr21-26)Here are my levels after a few weeks off. Bullish trend was broken with the drop below the upward trendline. Now trading below key emas. Green box represents important support as price pulls back to key fibs and the 200 sma. Watch for outsized move in either direction due to option volatility. Bouncby WadeYendallUpdated 4