CME_MINI:NQZ2023 - PR High: 15007.25 - PR Low: 14934.75 - NZ Spread: 161.75 Main Economic Calendar Events: 10:00 – ISM Manufacturing PMI - ISM Manufacturing Prices 11:00 – Fed Chair Powell Speaks Strong weekend gap up, unfilled - Huge NZ spread Evening Stats (As of 12:05 AM) - Weekend Gap: +0.49% (open <14900) - Session Gap: -0.01% (closed) - Session Gap:...
CME_MINI:NQZ2023 - PR High: 14894.75 - PR Low: 14872.75 - NZ Spread: 49.0 Significant Calendar Event 08:30 – Core PCE Price Index Last trading day of the month - Took a few more dips into long-term inventory - Continuing supply run back to 14949 micro gap Evening Stats (As of 1:15 AM) - Weekend Gap: N/A - Session Gap: -0.01% (open > 14949) - Session Gap:...
CME_MINI:NQZ2023 - PR High: 14775.00 - PR Low: 14743.25 - NZ Spread: 70.5 Major Calendar Events 08:30 – Initial Jobless Claims - GDP 10:00 – Pending Home Sales 16:00 – Fed Chair Powell Speaks Strong response of the 14670 inventory zone - Supply run started afternoon of prev session - Continued volatility 1st hour, creating wide NZ spread Evening Stats (As...
CME_MINI:NQZ2023 - PR High: 14729.75 - PR Low: 14713.00 - NZ Spread: 37.25 Major Calendar Events: 08:30 – Core Durable Goods Orders 10:30 – Crude Oil Inventories Inventory decline below 14800 - Trading into 8/18 pivot - Holding above prev session low Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Session Gap: -0.01% (open > 14949) - Session Gap:...
CME_MINI:NQH2023 - PR High: 12761.50 - PR Low: 12655.25 - NZ Spread: 238.25 Evening Stats (As of 1:25 AM) - Weekend Gap: N/A - 2/3 Session Gap: +0.61% (closed) - 8/19 Session Gap: -0.04% (open > 13237) - Session Open ATR: 290.60 - Volume: 39K - Open Int: 276K - Trend Grade: Bear - From ATH: -24.5% (Rounded) Key Levels (Rounded - Think of these as ranges) -...
currently gold has put in a new 2022 low. seems like preparation for Fed rate decision next wk monthly camarila L4 sits around he 1655 threshold
I only trade crypto for forward testing purposes. These are ideas and trades i take on demo accounts, to further perfect my technical analysis skills, so please copy at your own risk
When it has been a risk-off day recently the market has gapped up during the London session only to reverse trapping the longs. Yesterdays we closed the most recent gap and if we can get out of the initial balance we could be travelling higher towards resting liquidity sat at 14500 on the futures (NQ)
Using Initial Balance we can see irregularities in the average daily initial balance and accumulation/continuation of a trend. Turn on your algo ignitions right there! Have a good day all!
Contract - CME_MINI:NQU2021 - PR High: 14542.50 - PR Low: 14532.25 Evening Stats - Gap: = N/A - Session Open ATR: 162.48 - Volume: 14k - Open Int: 224k - Trend Grade: Bullish - From ATH: 0% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 14676 - Mid: 14104 - Short: 12530 Keep in mind this is not speculation or a prediction. Only a...
In this video I show you how I used the Opening Range / Initial Balance indicator for a winning trade of 100 points on the NQ. Please hit the LIKE button if you enjoyed this video and got value from it.
On most trading days, the SPY will hit at least .60 cents from the 5 minute initial balance. It failed to do that yesterday and while it came close in the overnight trading session, it has so far today failed to extend past the opening range again. As rare as it is to miss that 5 min opening range target for 1 day, it's even rarer to miss it on 2 days.