Average Range Levels Money Print Long Model Bullish Model:
Entry: 1/3AWR-
Stop-Loss: 50% of 1/3AWR- & ADR-
Take-Profit: Buyside Liquiditiy (Old High)
MNQ1!
The Implications of the US Unemployment Rate - It Is Higher Now What is moving lately? The US unemployment rate has edged up.
We can see from past cycles that when unemployment numbers started breaking above their downtrend, crisis occurred.
Micro E-Mini Nasdaq Futures and Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Nasdaq-100 Index Futures. Bearish Channel In DevelopmentAI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft NASDAQ:MSFT , Alphabet NASDAQ:GOOG and Advanced Micro Devices NASDAQ:AMD delivered quarterly results that failed to impress investors who had sent their stocks soaring.
The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares to record highs with the promise of incorporating the technology across the corporate landscape.
Alphabet dropped 5.6% after the Google-parent's December-quarter ad revenue missed expectations.
Alphabet also said its spending on data centers to support its AI plans would jump this year, highlighting the costs of its fierce competition against AI rival Microsoft.
While Google Cloud revenue growth slightly topped Wall Street targets, boosted by interest in AI, Microsoft's Azure grew faster.
Microsoft beat analyst estimates for quarterly revenue as new AI features helped attract customers to its cloud and Windows services. However, its stock fell 0.7% in extended trade after briefly hitting an intra-day record high earlier on Tuesday.
Optimism about AI pushed Microsoft's stock market value above $3 trillion this month, eclipsing Apple NASDAQ:AAPL .
Chipmaker Advanced Micro tumbled 6% after its forecast for first-quarter revenue missed estimates, even as it projected strong sales for its AI processors.
Shares of Nvidia NASDAQ:NVDA , which have surged 27% in January after more than tripling last year on AI optimism, also gave back some of those gain in extended trade, last down over 2%.
Server maker Super Micro Computer NASDAQ:SMCI , another company that has benefited from AI-related demand, dropped over 3%. Earlier on Tuesday, it had climbed to a record high after delivering amazing quarterly results the day before.
The main technical graph for Nasdaq-100 Micro E-Mini Futures CME_MINI:MNQ1! illustrates that bearish channel is in development in this time, where 17800 points is the upper (resistance) side and 17000 points level becomes attractive to watch.
3-months mid-term VIX Futures spread (the difference between front, February, 2024 VIX Futures contract CBOE:VXG2024 and May, 2024 VIX Futures contract CBOE:VXK2024 that is 3 months ahead) still is in Bearish mode, saying there's no panic yet on the streets.
50/200-hours MACD says btw, bearish sentiment becomes more active.
NQ! Another Bullish RunThe NQ went bullish once again today. I had a positive day at the start and then started second guessing my reading of the price action I saw and blew throught the different points on the 15 minute chart. So moral of the story go with what you see and know and stop trading when you are up. I started the day up over $250 in profit ended the day from dumb trades and overtrading -$489 down........DUMB!!!!!! Oh side not if i had let the first trade run as i should have i would've had a MIL:1K day trading just micros. But such as life? So maybe i should have posted the MNQ chart but you get the idea.......Be a mindful trader always......i guesss is what im saying.
NQ1! Bearish ForecastAfter the very high non farm payroll data but slowing wage growth as well as the unemployment rate which is still in stable numbers, the increase at the end of last week showed that investors considered good economic conditions.
apart from fundamentals, from the technical perspectives a bullish candle was formed at the weekend, but by looking at these two aspects in addition to geopolitical conditions, oil, gold, Yield, Dxy and also after looking at the volume profile indicator I speculate that there will be a reversal and will break the channel
Nasdaq Next Short Oppertunity MNQSo after yesterdays rip that was projected on our previous anaysis we also hit the resistance target and reversed as projected. As usual bullish news doesn't change how much money is available and willing to be spent on the market and often times just moves price to a projected sell wall faster and is followed by longer consolidation.
The short move to the downside posted last night has been very very good BUT like each move in the market it is countered by a full on reversal or a partial retrace and continuation.
Currently targeting the retrace and continuation to the down side the real question is at what level should we start making attempts to reenter.
This is a 4hour chart and looking at past price structure and golden pocket retrace area IF IF IF price is able to brake above point A of ABC to the upside into the golden pocket would be an idea place to look for a reentry to the short side.
As far as short targets go we are keeping an open mind and waiting to see at what level price reverses and is clearly headed back down but will certainly post our projections.
NQ1! NAS100USD NASDAQ 2023 AUG 20NQ1! NAS100USD NASDAQ 2023 AUG 20
Scenario 2 short yielded handsome profit if you had followed 07 Aug's
analysis. 18 Aug's bar showed some demand.
CME_MINI:NQ1!
Possible scenario:
1) Continued short opportunity if market test downward trendline and is rejected
2) Market tests breakdown area 15138-15511 (yellow box), and is rejected = short
Price Reaction Levels
Short on Test and reject | Long on Test and Accept
16029 15524 15138 14638
*Longer term: 13350 needs to be supported for long trend to be intact.
Price/Volume/Trend Analysis:
Weekly: NTC Ave vol down bar, close off low (some demand)
Daily: Ave vol down bar | ENR | SOT | DOWNTREND
*NTC = Non-Trend Changing | PTC: Potential Trend Changing
Like and follow if you find this useful | *For education purpose only.
Have a profitable trading week.
NQ1! NAS100USD NASDAQ 2023 JUNE 05Continuation long from previous analysis was in order last week.
Minor weakness has appeared.
Possible Scenarios:
1) Continuation Long: Long on retracement. Down bars has to
be on lower volume.
2) Previous supply zone 15269
Exercise caution if you see climatic bars into this level. Market
may rotate to work out demand and supply.
Price Reaction Levels
Short on Test and reject | Long on Test and Accept
16646 15269 14575
*Longer term: 13350 needs to be supported for long trend
to be intact.
Price Volume Analysis:
Weekly: Ave vol narrower up bar close off high = NTC weakness
Daily: 19 May UT bar, ave vol= = potential weakness
*NTC = Non-Trend Changing
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
NQ1! NAS100USD NASDAQ 2023 22 May WeekScenario1 breakout offered a fantastic week.
Hope you had joined in the ride. Target 13740 hit, and AR tested.
Possible Scenarios:
1) Continuation Long Strategy: Long on retracement. Price has to
come down on low volume
2) Breakout failure: If there is strong volume on down move,
it may signify a yet to be completed rotation, with more potential for
downside (zone 13740 - 10710)
Price Reaction Levels
Short on Test and reject | Long on Test and Accept
15269 13740-13913
13350 12950
Price Volume Analysis:
Weekly: Ave vol up bar close off high = potential weakness
Daily: 19 May UT bar, ave vol= = potential weakness
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
How To Trade A Choppy Tape - Technical Analysis ES1! RTY1! MNQ1Big picture charts always supersede short term charts. Many day traders think that just because they are short term traders they don't need to look at the big picture charts, but in order to be a better executor of your short term strategy you need to understand the context of the current market environment. Should I be smaller and quicker to cover my trades? Should I hold on to this long or this short because we're breaking out on the higher time frame? All of this matters when you're looking to become a better trader. In today's video I go over the context of the current market environment in the ES1!, MNQ1, RTY! and YM1!. I use a 10 day moving average, Auto Anchored VWAPs, and I use a short term chart (3 minute) to explain why I have been using standard deviation lines on to scalp ES1! futures in this choppy tape.
Why Equities Are Going To Be Choppy ES1! & MNQ1! When the Indices are working together we get clean moves. When there is divergence in the technicals between the E-mIni S&P 500 and the E-mini Nasdaq 100 we get a very choppy environment and it usually frustrates a lot of traders. March is setting up for a bumpy ride as there is no clear path for the Indexes right now. In this video I explain why the S&P and Nasdaq will remain choppy in the near future, why traders need to keep an eye on the 10Y1! and the 2YY1!, and what we need to see happen on the charts to give the bulls or bears control of the market. I use Bollinger Bands, Auto Anchored VWAP, RSI and Moving Averages for my technical tools.
Past Performance is not indicative of future results. Derivatives trading is not suitable for all investors.
Marlo's Going To Hell NQ Swing Strategy I know it's so simple you can't believe it! Is it magic? Is the Devil running the Stock Market!?!
Nope, what you're seeing is the all-pervasive 50% Principle in action!
www.investopedia.com
"It states that if an asset drops after a price increase, it will lose between 50% and 67% of recent price gains before rebounding. "
So over any given range, the retrace will test the thirds for support and resistance. NQ counts in the thousands so xx666.00! You'll see similar across smaller TFs and ranges as well using 33.34% and 66.67% retraces.
Nasdaq: Short-term bull Long-term rangeWhy market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Refer to the related video link, I explained at greater length. Or you can always visit my YouTube channel.
Content:
. Why market is entering into a short-term bullishness? (Fundamental & Technical studies)
. Subsequently the market will enter into a range (Fundamental & Technical studies)
CME Micro Nasdaq Futures
Minimum fluctuation
0.25 = $0.50
1 = $2
10 = $20
100 = $200
1000 = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Short-term up with range later in 2023Why market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Content:
. Why market is entering into a short-term bullishness? (Fundamental & Technical studies)
. Subsequently the market will enter into a range (Fundamental & Technical studies)
CME Micro Nasdaq Futures
Minimum fluctuation
0.25 = $0.50
1 = $2
10 = $20
100 = $200
1000 = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
MNQH2023 15mPre news release whatever liquidity they leave before 08;30am est you can bet they will grab it with quickness
Trading Series – The ManagementMost of us will spend about 90% of our time thinking of what to buy and at what price we should get in. In fact, that is only 10% of work done.
Focus on this scenario instead - “After getting into a position, how are we going to manage it with either a calculated loss when market go against us or how should we take profits when market perform better than our expectation?
As usual we will do a few case studies on how I manage my positions for this year.
Today’s content:
1. 90% of us – Spending too much time on “Getting in”
2. Steps to manage our trades after an entry?
If you have been following, today’s is the 7th tutorial in our Trading Series:
1. “The buy strategy”
2. “The sell strategy”
3. “Developing long & short-term view”
4. “Choosing between the time frame”
5. “The entry”
6. “The exit”
7. “The management”
Example 1
Micro E-Mini Nasdaq Futures
Minimum fluctuation
0.25 point = $0.50
1 point = $2
10 points = $20
100 points = $200
1,000 points = $2,000
Example 2
E-Mini Nasdaq Futures
Minimum fluctuation
0.25 point = $5
1 point = $20
10 points = $200
100 points = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Specific Trendline to Determine the Direction of any MarketHow to identify the specific points for trendline to determine the direction of the market? In this example, I am using the Nasdaq index.
You can use this trendline technique to any markets because its principles in this tutorial are applicable throughout whether to an individual stock, indices or even commodities.
I am going to introduce the primary and secondary trendlines, I hope after this tutorial, it will bring greater clarity in how you can deploy them.
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
This method I just shared, it can be applied to any market and any timeframe, be it the minute chart or the weekly chart.
Micro E-Mini Nasdaq
0.25 = US$0.50
1.00 = US$2
Intra-Day Trading TheoryTrading opinions can be made in a very concrete or a structured manner just like how investors study into the financial numbers of the stock they are about to invest into.
Short-term traders also have its numbers they study into, it is the price behaviours or the price data of the instrument they are trading. When these data are converted into a pictorial format, it becomes a chart.
And I am going to share with you a simple illustration on intra-day trading using trendline and divergence, to derive entries.
You will find how this can be done in a very structured manner and you don’t have to guess too much into it.
I have included some links below on my previous videos on trendlines and divergence.
The first rule:
The first about intra-day trading theory is we have to acknowledge the word “intra-day”, meaning all trades are done within the day itself, and we will have to square off all our positions before the market closes. This is Because we do not wish to carry any risks overnight with unexpected gaps.
Micro E-Mini Nasdaq
0.25 = US$0.50
1.00 = US$2
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
MNQ to test new daily lows by NovemberAll the technicals point to MNQ continuing to drop until at least November. Look at the 100MA and the obvious downtrend line.
Nasdaq: Bear is In-ChargeA typical characteristic of a bull market as seen is its significant highs are higher and its lows are higher.
However, the market has confirmed moving into bear when the market broke below the major uptrend on the 3rd week of 2022.
Now we could see the Bear is in-charge. And a typical characteristic of a bear market as seen is its significant highs are lower and its lows are lower.
Before 2022, my strategy was to buy on dips. However, starting this year when the major uptrend line was broken below, my focus now is to sell into strength when opportunity arises. Of course fundamentals also play a big part when Jerome Powell mentioned in December 2021 that U.S. inflation is "not transitory". Then we all know the Fed was preparing the environment for more interest rate hikes in 2022 and maybe beyond.
When things change, our strategy changes.
Why I am shorting the Nasdaq? Even when the trend is upCommon mistake made using trendline
Discussion:
1. 2 rules to draw an uptrend line
2. Primary % secondary uptrend line
3. Common mistake made using trendline
4. Where is its trend now?
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
