NQ - trading session no.11h trading session / 4.30pm - 5.30pm
gotta learn some stuff:
-dont move SL / TP
-dont trade if it doesnt look good
-no consolidating trades
-watch the volume and momentum!
-be flexible with trading times (4.30pm - 8pm)
-dont cut the risk
PnL: +0.5 RR (I cut the risk)
possible: +3 RR
Volatility
NQ Power Range Report with FIB Ext - 5/10/2024 SessionCME_MINI:NQM2024
- PR High: 18237.25
- PR Low: 18215.75
- NZ Spread: 48.0
No significant economic calendar events
Closing with week with another low vol session open
- QQQ holding same daily gaps
- Prev session inside print
- Holding near prev session and week highs
Evening Stats (As of 1:45 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 265.69
- Volume: 17K
- Open Int: 238K
- Trend Grade: Bull
- From BA ATH: -2.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 5/9/2024 SessionCME_MINI:NQM2024
- PR High: 18176.00
- PR Low: 18153.25
- NZ Spread: 50.75
Key economic calendar events
08:30 | Initial Jobless Claims
13:00 | 30-Year Bond Auction
2 unfilled QQQ gaps below 5/6 & 5/3 ranges
- Another virtually flat close for prev session range
- +80 points above prev session low, below the close
- Low vols remain
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 275.65
- Volume: 11K
- Open Int: 236K
- Trend Grade: Bull
- From BA ATH: -2.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 5/8/2024 SessionCME_MINI:NQM2024
- PR High: 18204.25
- PR Low: 18180.75
- NZ Spread: 52.5
Key economic calendar events
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
Prev session closed virtually flat
- Holding inside prev session range
- Near Monday's high
- Potential daily pivot off 18300 zone
- Another low vol session open
Evening Stats (As of 12:25 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 285.39
- Volume: 15K
- Open Int: 232K
- Trend Grade: Bull
- From BA ATH: -2.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 5/7/2024 SessionCME_MINI:NQM2024
- PR High: 18193.25
- PR Low: 18175.25
- NZ Spread: 40.0
No significant economic calendar events
Continuing daily value climb
- Opening in relative tight range inside NZ
- Holding prev session highs below the close
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 326.30
- Volume: 14K
- Open Int: 235K
- Trend Grade: Bull
- From BA ATH: -2.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 5/6/2024 SessionCME_MINI:NQM2024
- PR High: 18063.25
- PR Low: 18025.75
- NZ Spread: 84.0
No significant economic events
Low vol start to the week
- Holding inside Friday's highs
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 309.44
- Volume: 17K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -3.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
BTC. Weekly trading levels 4 - 5.05.2024During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.
The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)
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Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.
Don’t forget to like Rocket and Subscribe!!!
Nifty50 Options Trading Plan: 3rd May to 9th MayGreetings traders,
I'm excited to share my trading plan for the Nifty50 options from 3rd May to 9th May. Let's dive into the analysis and potential scenarios.
Bullish Outlook:
Firstly, I hold a bullish sentiment for the Nifty50 9th May expiration option contract. Based on my analysis, I foresee two possible scenarios unfolding during this period.
Scenario 1: Dip Buying Opportunity
In the first scenario, I anticipate that Nifty may experience a temporary dip, possibly down to the levels of 22500/22400. This presents an excellent opportunity to buy call options at a discounted price, setting the stage for potential gains.
Scenario 2: Rally Commences
Alternatively, Nifty could kickstart a rally from tomorrow onwards, with targets set around 23000/23100. This scenario would signify a strong upward momentum, offering profitable opportunities for traders.
Trading Strategy:
Now, let's delve into the specifics of my trading strategy based on these scenarios.
Scenario 1 Unfolds:
If Nifty dips as anticipated, I have set a target range of 22800/22900. In this scenario, I plan to buy the 22650 call option at or below 60.80, considering its current price at 182.00. My target exit range for this trade is set at 200/210, adopting a "hero zero" mode strategy to maximize potential gains.
Scenario 2 Execution:
Should Nifty initiate a rally towards 23000/23100, I will adjust my strategy accordingly to capitalize on the upward momentum and potential price movements.
Conclusion:
With a bullish outlook and a well-defined trading plan for both scenarios, I am prepared to navigate the Nifty50 options market from 3rd May to 9th May. Remember, trading involves risk, so always implement risk management strategies and stay updated with market developments.
Happy trading and may the markets be in your favor!
NQ Power Range Report with FIB Ext - 5/3/2024 SessionCME_MINI:NQM2024
- PR High: 17808.00
- PR Low: 17722.00
- NZ Spread: 192.50
Key economic calendar events (loaded Friday)
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
Unemployment Rate
- 09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
AMP margins increase for expected vol spike
- Pushed value back into week highs
- Quick supply response above prev 2 session highs
- Ranging around prev session high
Evening Stats (As of 1:45 AM)
- Weekend Gap: +0.16 (filled)
- Gap 5/2 +0.07% (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 309.57
- Volume: 27K
- Open Int: 236K
- Trend Grade: Bull
- From BA ATH: -5.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Analyzing Nifty50 Spot's Triangle Pattern Breakout Trade PlanGreetings fellow traders,
I've been closely monitoring the Nifty50 spot since April 25th and have observed a range-bound movement, forming what appears to be a triangle pattern. I anticipate a breakout from this pattern tomorrow, which could lead to significant moves in the market.
My trade plan revolves around this potential breakout. If Nifty50 breaks out tomorrow, my targets are set at T1 (22727.80) and T2 (22895.40) . However, for the breakout to sustain above T1, my proprietary option pricing calculations indicate that the 22550 put option (2nd May expiration) should trade below 10.15 (today's closing price was 57.35).
Therefore, I'm planning to buy the 22550 put option above T1, with a stop loss set at 10.10 to manage risk effectively.
Let's stay tuned and execute this trade plan strategically.
NQ Power Range Report with FIB Ext - 5/2/2024 SessionCME_MINI:NQM2024
- PR High: 17513.00
- PR Low: 17484.00
- NZ Spread: 65.0
Key economic calendar event
08:30 | Initial Jobless Claims
Inventory dip below Tuesday low
- Lifting above prev session close and open
- ~225 points from prev session high
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.16 (filled)
- Gap 5/2 +0.07% (open < 17481)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 306.63
- Volume: 24K
- Open Int: 241K
- Trend Grade: Bull
- From BA ATH: -6.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 5/1/2024 SessionCME_MINI:NQM2024
- PR High: 17503.75
- PR Low: 17453.75
- NZ Spread: 112.0
Key economic calendar events
08:15 | ADP Nonfarm Employment Change
09:45 | S&P Global US Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
- JOLTs Job Openings
10:30 | Crude Oil Inventories
14:00 | FOMC Statement
- Fed Interest Rate Decision
14:30 | FOMC Press Conference
AMP margin req increase for busy FOMC Wednesday
- High vols excpected throughout session
- Daily pivot high off 18000
- Holding above prev session low
Evening Stats (As of 12:15 AM)
- Weekend Gap: +0.16 (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 300.81
- Volume: 25K
- Open Int: 249K
- Trend Grade: Bull
- From BA ATH: -6.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
The power of ETF investors in BTC.In the IBIT ETF chart, we see that a gap indicated by the blue line, i.e., a price gap, has been filled today. This price gap represents the gap in the BTC ETF chart in the American markets following Iran's drone attack on Israel.
On that day, the price briefly dipped below the $60,000 level due to the influence of the open spot markets and then rebounded from there. Today, the $61,000 level was sufficient to fill this gap.
So, what happens next? Firstly, the notion that Hong Kong currently has a significant influence on BTC is widely accepted by the market.
Assuming that the average for ETF investors is pricing BTC at $52,000, there's a belief that downward ETF selling pressure could lead to significant institutional exits below $59,000. At this point, it's important to note that gaps will likely be filled in the same manner if they occur in the downward direction. However, in case of an upward movement, the gaps that form may not necessarily appear as significant losses from the institutional perspective.
Note: What I emphasize about the closure of price gaps is that they need to be filled by the bodies of the candles, not just the wicks.
NASDAQ:IBIT
BYBIT:BTCUSDT.P
i.hizliresim.com
hizliresim.com
NQ Power Range Report with FIB Ext - 4/30/2024 SessionCME_MINI:NQM2024
- PR High: 17920.00
- PR Low: 17904.50
- NZ Spread: 34.5
Key economic calendar events
09:45 | Chicago PMI
10:00 | CB Consumer Confidence
Last day of the month, 1 day ahead of FOMC
- Prev session closed virtually flat
- Fading from prev highs after a low vol session open
- Above half-back of prev session range
Evening Stats (As of 12:35 AM)
- Weekend Gap: +0.16 (filled)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 287.87
- Volume: 13K
- Open Int: 248K
- Trend Grade: Bull
- From BA ATH: -4.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 4/29/2024 SessionCME_MINI:NQM2024
- PR High: 17877.25
- PR Low: 17852.50
- NZ Spread: 55.25
No significant economic calendar events
Climbing back to 18000
- Partial weekend gap fill
- Found inventory in 17850s
- Above Friday's high
Evening Stats (As of 12:35 AM)
- Weekend Gap: +0.16 (open < 17840)
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 302.43
- Volume: 23K
- Open Int: 247K
- Trend Grade: Bull
- From BA ATH: -4.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 4/26/2024 SessionCME_MINI:NQM2024
- PR High: 17822.50
- PR Low: 17755.25
- NZ Spread: 150.0
Key economic calendar event
08:30 | Core PCE Price Index (2x)
Closed prev high with vol spike back to week highs
- Faded with strength at open from prev session high
- Holding inventory in 17740s
Evening Stats (As of 1:35 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 309.22
- Volume: 30K
- Open Int: 256K
- Trend Grade: Bull
- From BA ATH: -4.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
CMCM could chasing a Chinese internet stock be profitable? LONGCMCM is on fire with a 90% gain since the earnings report which was not verified by any
outside forensic accounting auditors . The Ciniese economy may be recovering with it
Cheetah.
The price-volume trend is impressive in the past month as a combination of the price moving
up responding to spikes of buying volume and positive volatility. I will enter this as a small
position chasing the momentum using a trailing ATR stop loss currently $.25 per share.
Since I will risk $25 in the trade for this small position I can take 100 shares as a long position.
I will continue to watch for selected Chinese stocks responding to the economic recovery to
exploit for gain.
Data Patterns (India) Limited: A Deep DiveIntroduction:
Data Patterns (India) Limited is a prominent player in the Defence and Aerospace Electronics sector in India. With a focus on in-house development and manufacturing facilities, the company has been catering to the indigenously developed defence products industry for over 35 years. In this blog, we will delve into the key aspects of Data Patterns (India) Limited, including its product portfolio, manufacturing facilities, ongoing projects, key customers, and financial performance.
Product Portfolio and Manufacturing Facilities:
Data Patterns (India) Limited offers a diverse range of products, including radars, underwater electronics/communications/other systems, electronic warfare suite, BrahMos programme, avionics, small satellites, and ATE for defence and aerospace systems. The company's manufacturing facility spans across 200,000 sq. ft and is equipped with design, manufacturing, qualification, and life cycle support of electronic systems used in defence and aerospace applications. The facility has an EMS assembly capacity of 600 boards/day and employs 1,130 employees, with 700+ qualified engineers as of March 31, 2023.
Ongoing Projects and Key Customers:
The company is currently engaged in the supply of critical products to several prestigious defence projects in India, including the Light Combat Aircraft (LCA), the HAL Dhruv, Light Utility Helicopter (LUH), and the BrahMos missile programme. Key customers include Bharat Electronics Ltd (BEL), Hindustan Aeronautics Limited (HAL), the Indian Space Research Organization (ISRO), and Defense Research and Development Organization (DRDO). DRDO contributed 42% of the total turnover.
Financial Performance:
In FY22, the company raised 588 crores through an IPO, with 240 crores being a fresh issue and the remaining 348 crores being an offer for sale. The IPO proceeds were utilized for expanding manufacturing and testing facilities in Chennai and enhancing the system integration facility. In FY23, the company raised further funds of 500 crores through QIP for the development of satellite, radar, electronic warfare, and communications products. As of March 31, 2023, 51.21 crores was unutilized from the IPO proceeds, and 462.73 crores was unutilized from the QIP proceeds.
Technical Analysis:
From a technical perspective, the regression channel pattern applied on the weekly timeframe indicates a breakout failure in September 2023, followed by another potential breakout. This could be an opportunity for long-term trend trading on an undervalued stock.
Conclusion:
Data Patterns (India) Limited is a leading defence and aerospace electronics solutions provider with a strong product portfolio, manufacturing facilities, and a diverse customer base. With ongoing projects in the defence sector and a focus on product development, the company is well-positioned for growth. The technical analysis suggests a potential breakout, which could be an opportunity for long-term investors.
NQ Power Range Report with FIB Ext - 4/25/2024 SessionCME_MINI:NQM2024
- PR High: 17486.75
- PR Low: 17437.25
- NZ Spread: 110.25
Key economic calendar events
08:30 | Initial Jobless Claims
- GDP
Strong inventory run to close prev session
- Mechanical print resulting in pivot back into 4/23 range
- Another technical session gap that structurally filled but left room to the close
- Full gap fill at 17509
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 294.38
- Volume: 28K
- Open Int: 253K
- Trend Grade: Bull
- From BA ATH: -6.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 4/24/2024 SessionCME_MINI:NQM2024
- PR High: 17698.50
- PR Low: 17664.00
- NZ Spread: 77.0
Key economic calendar events
08:30 | Durable Goods Orders
10:30 | Crude Oil Inventories
Daily gap up print of ~65 points, 0.35% from prev close
- Climbing above prev session high
- Inside lows of 4/17 range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 295.59
- Volume: 30K
- Open Int: 254K
- Trend Grade: Bull
- From BA ATH: -5.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone