Pivot Points
Trade Plan NQ Futures: week starting May 5th, 2024 Trade Plan NQ Futures: week starting May 5th, 2024
Based on the provided levels for the NQH2024 futures contract, here's a weekly trade plan focusing on trading from the pivot to the upside or downside targets:
Weekly Pivot: 17847 Current Price: 18000
Upside Targets:
First Target: 18090
Second Target: 18348
Third Target: 18605
Downside Targets:
First Target: 17731
Second Target: 17560
Third Target: 17378
Trade Plan:
Long Trades: Look for buying opportunities if the price remains above the weekly pivot (17847).
Entry: Consider entering long positions on pullbacks towards the pivot (17847) or if the price breaks above the current price (18000).
Targets: Target the upside levels of 18090, 18348, and potentially 18605.
Stop Loss: Place a stop loss below the pivot or below significant support levels identified during the week.
Short Trades: Consider shorting the market if the price breaks below the weekly pivot (18847) or the current price (18000).
Entry: Enter short positions on breakdowns below the pivot (17731) or the current price (18000).
Targets: Aim for downside targets of 17731, 17560, and potentially 17378.
Stop Loss: Place a stop loss above the pivot or above significant resistance levels identified during the week.
Risk Management:
Ensure proper risk management by sizing positions appropriately based on the distance to target and stop loss levels.
Consider using trailing stops to lock in profits as the price moves in your favor.
Monitor the market closely for any changes in price action or news events that could affect the trade.
Note: Always adapt your trading plan based on real-time market conditions and adjust your approach as necessary to manage risk effectively.
Bitcoin TA - Upside Zones, Downside DCA Zones, Key LevelsWelcome to my Bitcoin TA where I go thru just the chart from a high level looking for areas of trading opportunities. The foundation of this whole video comes down to this:
I'm of the opinion Bitcoin will get above 100K.
So I'm doing TA on where to put my entry zones. - 1st Entry hit at 59,872
I'm out of all swings and also looking for swing entry zones.
I've shared this chart with all drawings organized in folders and such. I keep this updated and will share on future updates. This covers all VCs, significant levels, anchored vWAPs, key pivots, and more, all organized in the object tree:
www.tradingview.com
Here's what we cover in the video...
If Day RDA holds
The first thing we cover is if the current test of the Daily RDA holds what the upside trade looks like.
I identify the upside zones and key levels that I would watch and trade around.
The RDA ( RexDog Average with ATR ) is a bias and reaction zone indicator found here on TV, usage in description.
Pull Back Scenarios and DCA areas
RDA Week Projection Print - We cover the upside print of the week projection of if the all-time high is broke where we can expect the market to hit.
Immediate market view - I also dive into the immediate Market View using the 30 minute time frame, which I call the structure time frame. the key element there is that we are right at the mid control for the day.
Bias and Momentum - from here we cover buy us a momentum from a daily and weekly time frame.
Current Value Channel - we also talk about the key levels of the current value channel that BTC is trading within.
Anchored vWAPs - I also dive into anchored V waps from significant highs and significant lows. one of the major things that came about in this analysis was we are in a fight between the most recent significant high and low anchored vWAP. those levels couldn't be any more clear
RSI Signal Zones - we also dive into the RSI signals and the triangle pattern. currently waiting for a green triangle to complete the triangle pattern otherwise it looks like based on the RSI we could see more downside.
Best Crypto Trading Timeframe - I also share the single best time frame to trade crypto on especially for swing and long-term trades.
Unique Way to Use PItchforksPitchforks to generate signals - in this video I share how to pull pitchforks on the daily chart, drop down to the 1hr and 15m, and use price stability and wicks to create buy/sell signals - pitchforks often capture major pivots and areas of price stability. Try it out and let me know if you need help with the idea.
I suggest playing with different levels and fibonacci levels within the pitchfork settings.
Also keep in mind there are several different types of pitchforks. Switch around between them until you see one that captures price pivots nicely.
Low - high - retracement, very similar to how you pull a fib extension is used here, but you must use more visual cues (it's not as objective) to determine where the best pitchfork might go.
Buyers trap @2400!? - More shorting to come??Good day Traders!
Have the institutions trapped buyers at 2400-ATH ?
One would think so as the break above 2400 was strong but the subsequent move down was stronger! - A likely institutional footprint
As a result of this $2400 price manipulation a 4H OrderBlock was formed and respected since, followed by bearish shifts in markets structure.
We now have a fresh 4H Bearish OrderBlock that I refined down to the 1H where I anticipate smart money to push prices lower from, given our notion of 2400 price having buyers trapped.
- If this OrderBlock holds, seeing bearish market structure shifts from it, then lower prices are probable!
Lets see what happens, stay tuned and happy trading!
Nifty and Bank Nifty analysis for tomorrow, Tuesday. 15th AprilNifty and Bank Nifty analysis and trade plan for tomorrow, Tuesday. 15th April
Hello, my name is Rahul Bora, I am an intraday trader from Assam, every day I try to share my trade plan for next day, for Nifty and Bank Nifty based on Fibonacci levels and price action only. Whatever I share in these videos, are purely my personal opinion, and not a trade advice in any sense. Viewers are advised to take their trades based on self analysis and own risk taking capacity only.
Weekly Plan NQ Futures 4/14/2024Weekly plan: NQH2024
SEED_ALEXDRAYM_SHORTINTEREST2:NQ FUTURES 4/07/2024
18406 >> 18566 >>> 18718
Weekly pivot: 18284, Now 18172, Weekly Open TBD
18063 >> 17934>>> 17734
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Based on the provided levels for the NQH2024 futures contract, here's a weekly trade plan focusing on trading from the pivot to the upside or downside targets:
Weekly Pivot: 18284
Current Price: 18172
Upside Targets:
First Target: 18406
Second Target: 18566
Third Target: 18718
Downside Targets:
First Target: 18063
Second Target: 17934
Third Target: 17734
Trade Plan:
Long Trades: Look for buying opportunities if the price remains above the weekly pivot (18284).
Entry: Consider entering long positions on pullbacks towards the pivot (18284) or if the price breaks above the current price (18172).
Targets: Target the upside levels of 18406, 18566, and potentially 18718.
Stop Loss: Place a stop loss below the pivot or below significant support levels identified during the week.
Short Trades: Consider shorting the market if the price breaks below the weekly pivot (18284) or the current price (18172).
Entry: Enter short positions on breakdowns below the pivot (18284) or the current price (18172).
Targets: Aim for downside targets of 18063, 17934, and potentially 17734.
Stop Loss: Place a stop loss above the pivot or above significant resistance levels identified during the week.
Risk Management:
Ensure proper risk management by sizing positions appropriately based on the distance to target and stop loss levels.
Consider using trailing stops to lock in profits as the price moves in your favor.
Monitor the market closely for any changes in price action or news events that could affect the trade.
Note: Always adapt your trading plan based on real-time market conditions and adjust your approach as necessary to manage risk effectively.
Weekly Plan ES Futures 4/14/2024[Weekly plan: ESH2024
NYSE:ES FUTURES 4/14/2024
5250 >> 5297 >>> 5333
Weekly pivot: 5181, Now 5166, Weekly open TBD
5134>> 5093 >>> 5057
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Based on the provided levels for the ESH2024 futures contract, here's a weekly trade plan focusing on trading from the pivot to the upside or downside targets:
Weekly Pivot: 5181
Weekly Open: TBD
Current Price: 5166
Upside Targets:
First Target: 5250
Second Target: 5297
Third Target: 5333
Downside Targets:
First Target: 5134
Second Target: 5093
Third Target: 5057
Trade Plan:
Long Trades: Look for buying opportunities if the price remains above the weekly pivot (5181).
Entry: Consider entering long positions on pullbacks towards the pivot (5181) or if the price breaks above the weekly open (5263).
Targets: Target the upside levels of 5250, 5297, and potentially 5333.
Stop Loss: Place a stop loss below the weekly pivot or below significant support levels identified during the week.
Short Trades: Consider shorting the market if the price breaks below the weekly pivot (5181) or the current price (5166).
Entry: Enter short positions on breakdowns below the pivot (5181) or the current price (5166).
Targets: Aim for downside targets of 5134, 5093, and potentially 5057.
Stop Loss: Place a stop loss above the pivot or above significant resistance levels identified during the week.
Risk Management:
Ensure proper risk management by sizing positions appropriately based on the distance to target and stop loss levels.
Consider using trailing stops to lock in profits as the price moves in your favor.
Monitor the market closely for any changes in price action or news events that could affect the trade.
Note: Always adapt your trading plan based on real-time market conditions and adjust your approach as necessary to manage risk effectively.
/MES, Apri 4, 2024 - Morning review
Price is gapping up into a level with lots of short orders around 18500.
Short bias on 1H and 1D is broken with strong push up.
Looks like jobless claim numbers is higher than expected.
so... no bias, but open to more upside..
looking for short around 18600.. but lets see what the open brings
Wed, April 3 - /NQ - Morning review
Bias:
Short bias towards the 50 SMA on the daily.
Big orders:
short - 18350 and 375
long - 18250
News
Fed speech at 9:15a market time
ISM numbers at 10a market time
will look for entries after 10a market time
We could close the gap to the upside.. so will wait for conformation for short..
If we flush, will wait for price to turn before attempting long.
Nifty and Bank Nifty analysis for tomorrow, Tuesday. 2nd AprilNifty and Bank Nifty analysis and trade plan for tomorrow, Tuesday. 2nd April | #nifty #nse
Hello, my name is Rahul Bora, I am an intraday trader from Assam, every day I try to share my trade plan for next day, for Nifty and Bank Nifty based on Fibonacci levels and price action only. Whatever I share in these videos, are purely my personal opinion, and not a trade advice in any sense. Viewers are advised to take their trades based on self analysis and own risk taking capacity only.
BITCOIN SIGNALS IDEA FREEA trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money. Known as backtesting,this practice allows you to apply your trading idea using historical data and determine if it is viable.
BTC is not convincing me yet - here's why I think it'll dumpLast week, I shared with you on yt my belief that Bitcoin was poised for a retreat to approximately 56,000. I maintain that opinion today. I also think that a rejection from the extended TP4 could still occur, potentially catalyzing a retracement back to the 3-day Tenkan Sen line.
Watch the video, boost it, follow me for more videos every Wednesday! 🙏
Bitcoin retracing from Extended TP4My thoughts on Bitcoin for now are that it entered a weekly consolidation before moving higher.
Ichimoku Tenkan Sen 3D (double settings) should become support, however a wave of FUD can push it all the way down to our Local GP.
Watch the video and if you like it follow me on YT, I should start posting an update every Wednesday.
Cheers!
ETH - MACRO Multi-Month Logarithmic Target📉Hi Traders, Investors and Speculators of Charts📈
I've made a few updates on BTC from a macro perspective, but let's take a look at ETH today. What we specifically want to focus on is potential targets / bounce zones, and we'll use the logarithmic weekly recession t get to these targets.
From using the same timeframe as the previous bull season, and by using the same pivot points, we get a $20K target on ETH - a possibility for later this year:
Shorter and mid-term targets could include:
Here's the update on BTC, incase you missed it:
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BITSTAMP:ETHUSD
ICT Unicorn Model - The powerful ModelThe Unicorn entry model in the ICT method combines the concepts of the Breaker Block and the Fair Value Gap, providing a unique approach to identifying trade opportunities. This combination highlights a future area of support/resistance.
A Bullish Unicorn Pattern consists out of:
A Lower Low (LL), followed by a Higher High (HH)
A Fair Value Gap (FVG), overlapping the established Breaker Block
A successful re-test of the FVG which confirms the pattern.
A Bearish Unicorn Pattern consists of:
A Higher High (HH), followed by a Lower Low (LL)
A Fair Value Gap (FVG), overlapping the established Breaker Block
A successful re-test of the FVG which confirms the pattern
In this trading idea, I would combine the movement of DXY and GU/EU to explain the correlation and divergence (ICT SMT). Futhermore, I want to share how powerful the ICT Unicorn Entry Model is.
Dollar Index (DXY): FED Rate AHEAD! 💵
Today, we are expecting FED interest rate decision and FED press conference.
In this video, I share a detailed technical outlook and potential scenarios for Dollar Index.
Watch carefully, because it will help you to prepare for the coming news.
❤️Please, support my work with like, thank you!❤️