In fundamental analysis, we observe a market surge following a liquidity uptake beyond the all-time high, marking a new peak in NQ. However, inflation rates indicate that the Federal Reserve is hesitant to reduce interest rates. Even with a 5% interest rate, inflation is on the rise again. This suggests that the Fed may abandon the idea of lowering interest rates...
Price has moved for ERL(ATH) to IRL(Weekly Bullish OB) which created a MSS on the weekly time frame. Price has retraced nicely off of the Weekly OB and is now entering premium of the current dealing range on the daily - This week we will not trade on Monday as there is no news and will be expecting accumulation. - If market sentiment has truly shifted I am...
I am short on NQ if it breaks 18457. It touched the support two times already. MACD and RSI are pointing towards the downtrend in short term. I believe it should come down into golden pocket where you can see the FVG as well, fill it first and then decide where to go from there. Short setup on NQ Entry: Take short if 18457 level breaks SL: 18527 TP: 18381 (0.5 fib level)
Yes this is contrarian, markets are booming but it's quite overextended and going long at a top is the most monkey trader thing to do. I'll do a reverse analysis where I start with the intraday and follow up with the daily. So here's my take on things: What's on the intraday chart? (Follow the steps) 1) A 4 hour bearish FVG. This will serve as my entry zone. 2)...
After taken liquidity of the buyside and shift market structure and retest of Breaker and FVG we will see a drop of the price
The Red Pitchfork is a Pendulum-Fork. It grabs the biggest Swings and projects the most probable path of price, like in this chart. The Count starts at P0 and relies on the REAL Swings that I teach you guys & gals. Therefore the Bump from the green Support-Line is NOT a Up-Swing. It's just the center part of a Sine-Wave. Then P3 is created, breaking the Support...
Next probable movmement for NQ1 will be Short from 15414.75 direction 14819.75 Disclaimer ============================================== The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or...
NQ is a crawler §8-) The Fork catches very nice the most probable path of price. Be it at the Center-line or the Warning-line. And as a cherry on top, we have a nice short opportunity. Don't forget to check out my website and YT channel too. Happy weekend all.
To me this is indeed a gift from the trading gods. Price retests the U-MLH a third time. So, if you missed the entry (see my website & YT channel), then this is another chance to bake some Bread, instead of Donuts. My stop would be a couple points above the pivot high. Watch my videos and posts about this trade to understand it!
NQ had a phenomenal run-up since yesterday. It was hard to find any sign of weakness. In the 15 min. TF I found the correct Fork to apply that gives me any usable information about price. 1. The Shiff-Fork projects price to the upside, but also expose the fact that price fell out of the projection below the L-MLH. 2. Price stopped at the HVN. Or better, the...
Its been a very eventful week. Tech has went on a massive run the past couple months and became the market leader again. I don't think this is sustainable in this global financial environment. Macro aside we had fomc today and based off the reaction (huge selling volume to end the day) I think we may have seen the highs on NQ today. The sell off caused a nasty...
dear traders nasdaq was up trend for last 2 days so it may be new correct for this move so folow my instruction in chart and respect the zones price must react from them i hope you catch the good one trade safe
P5 target is reached, now comes the turn. Economy is in line with P5, and the Morons have done their work. Now it's time to to either wait to buy, or to take the whole ride to the downside. ...just reading Coffee-Ground. §8-) Stay well & be happy about the little miracles in live.
Peace be upon you, merchants. The Nasdaq market is in a negative state. with a fracture. Model double BOTTOM. As well as breaking the bullish trend. There is a possibility of re-testing. The price is 122800. and re-descend. to the level of 11800
NASDAQ 100 E-MINI FUTURES Sharp and strong landing, which means it's going to the bottom peaks as targets with all the strength.
NASDAQ 100 E-MINI FUTURES We expect very strong landing traffic to bottom points or bottoms that we consider to be great targets