MNQ1! trade ideas
NQ Power Range Report with FIB Ext - 5/15/2025 SessionCME_MINI:NQM2025
- PR High: 21386.50
- PR Low: 21361.50
- NZ Spread: 56.0
Key scheduled economic events:
08:30 | Initial Jobless Claims
- Retail Sales (Core|MoM)
- PPI
- Philadelphia Fed Manufacturing Index
08:40 | Fed Chair Powell Speaks
Temp 25% AMP margins increase for Powell expected pre-RTH volatility spike
- Extending week highs, holding previous session high
- Advertising potential rotation with weekend gap motivation
Session Open Stats (As of 12:15 AM 5/15)
- Session Open ATR: 515.63
- Volume: 25K
- Open Int: 290K
- Trend Grade: Bear
- From BA ATH: -5.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
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
2025.05.15 Nasdaq analysisHello, this is Greedyallday.
It’s been a while since the last update.
Today’s analysis is on the NASDAQ.
📈 Daily Chart View:
Looking at the NASDAQ on the daily chart:
The current price action has entered back into the range that existed from November 2024 to February 2025.
This range is approximately 20,790 to 22,430.
Although the range is wide, it reflects the strong volatility we’ve recently experienced — making this level of fluctuation reasonable.
One key area to observe is the blue box.
There were two significant gap-ups, and recent NASDAQ movement consists only of strong bullish candles.
So, where could the correction go if it occurs from here?
The maximum potential drop appears to be either:
20,763, or
Near the May 13, 2025 low of 20,818.
Since price has entered a larger daily frame, a correction could potentially push it down toward the lower end of the frame.
But considering that 20,818 acted as a recent support level, that area can be used to anticipate the bottom of the correction.
🕒 15-Minute Chart View:
On the 15-minute chart:
After the weekly close on May 9, 2025, the NASDAQ saw a gap-up, and an upward trend formed — but that trend was broken earlier today.
In the short term, we can say a correction trend has begun.
However, looking at the yellow box, the price is still making higher lows and higher highs, meaning the market structure remains bullish for now.
So, even within this correction, we may continue to see long lower wicks followed by rebounds.
If the price breaks below 21,187, that would signal a clear shift into a deeper correction phase.
At that point, the previous strong rally from the blue box may be reversed by selling pressure.
In that case, the short-term downside targets would be:
20,996,
and at most 20,763.
🔍 Summary
To summarize:
The NASDAQ is currently in an uptrend — making higher lows and higher highs — but we’ve entered a potential correction zone.
However, this is not yet a confirmed full correction.
We need to wait for a clear break below 21,187 before entering any trades based on that view.
💰 Buy Setup
None for now.
Despite the ongoing bullish trend, the market keeps setting new highs, making it difficult to find a good entry point.
It would be wiser to wait for a clearer correction before considering a long position.
📉 Sell Setup
Trigger: Break below 21,187
🎯 Targets:
TP1: 21,070
TP2: 21,000
TP3: 20,780
❌ Stop Loss:
Set at around 21,282,
which is the level where, if price re-enters the mid-range of the previous bullish frame, the short thesis becomes invalid.
$1000 on this one NQ tradeBeautiful trade caught here on NQ. Happy we were able to capitalize on this and make the right decisions when it came to risk and our profits.
We'll see where NQ takes us next, our MNQ trade could get stopped out and if it does I am content either way. GETTEX:52K threshold reached for our prop trading challenge account.
May this month be the month we are able to pass this account and start capitalizing from our trading.
MNQ Trade Idea Continuation (3)Continuation into the trade idea we were sharing, we traded through the Daily high level we were targetting of 21,404.75 then rushed lower under the Trendline Phantom line and under the IFVG that was used as support for price to reach 21,419.75.
Will this be another manipulation below 21,362.00 lows before continuation higher, or should I have set a TP at the 21,404.75 highs and called it a day?
Final trade entry for the day 5.14.25Will this trade idea hold?
Currently targeting the daily highs, but price has been so bullish due to all the things happening with the economy and trump with tarrifs with china and now the new $600B deal with Saudi Arabia. So I was hoping to see prices continue even higher than the daily high for us to benefit from that trade we are on.
Us holding on past the highs could hurt us by losing the current profits we have secured. But we will let this final trade show us what it decides to do and shift SL accordingly with the hopes that we don't get manipulated out of our trade.
We have london Lows still intact, not sure if the market will want to reach back lower into it and possibly inside of a bullish FVG for a discount area before exploding higher.
To me it seems that we are on a bullish trend creating higher lows and higher highs and targetting the previous sellside of the curve.
Let me know your thoughts below, where do you think price will reach to?
Continuation to MNQ trading 5.14.25 (2)Continuation into my MNQ trading day, would like to see price continue higher, we have been pumping alot lately which cautions me to worry if we will see some sort of fast retracement sometime soon.
We took yesterday's daily highs, so I am a little confused if we will continue to take the current daily candle's high or if we will see some sort of retracement today into a bullish FVG from the daily to then continue trading higher.
The key aspect of trading that we are learning is when a candle/price will do something. Still alot to learn but have been making some decent choices with our trades. If we are stopped out we are still in profits for the day and maybe we call it.
The key thing I regret this trading session is not taking that $500 profit on NQ on that very first entry we took. Would've offset our losses and helped us stay secure profits for the day.
Continuation into MNQ trades 5.14.25Continuation into my MNQ trading day, would like to see price continue higher, we have been pumping alot lately which cautions me to worry if we will see some sort of fast retracement sometime soon.
We took yesterday's daily highs, so I am a little confused if we will continue to take the current daily candle's high or if we will see some sort of retracement today into a bullish FVG from the daily to then continue trading higher.
The key aspect of trading that we are learning is when a candle/price will do something. Still alot to learn but have been making some decent choices with our trades. If we are stopped out we are still in profits for the day and maybe we call it.
The key thing I regret this trading session is not taking that $500 profit on NQ on that very first entry we took. Would've offset our losses and helped us stay secure profits for the day.
NQ + MNQ Trade EntriesBack to share some live trading action for you guys. Entered here and missed a profit of $500+ with NQ but we caught a nice trade with MNQ, which with the next episode you guys will see I lost some of those profits. Still in another trade and trying to see if we are right. Will share the next upload once its ready.
NQ Power Range Report with FIB Ext - 5/14/2025 SessionCME_MINI:NQM2025
- PR High: 21273.00
- PR Low: 21249.50
- NZ Spread: 52.5
No key scheduled economic events
Value continues to creep another 2%, increasing distance from weekend gap
- Mechanically, holding previous session highs
Session Open Stats (As of 12:35 AM 5/14)
- Session Open ATR: 543.13
- Volume: 33K
- Open Int: 281K
- Trend Grade: Bear
- From BA ATH: -5.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19246
- 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
Nasdaq 100 set for 25k?The Nasdaq 100 is in a technical bull market, having rebounded 20% from its cycle low. While the risk remains that this is simply a 'bear market bounce' that could sucker punch bulls, I believe bulls have got this and we could be headed for 25k.
Matt Simpson, Market Analyst at City Index and Forex.com
2025-05-13 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: Can’t get more bullish than this but I am not willing to buy the exact high but rather would wait for a pullback. The only thing that we turn me neutral right now, would be a > -2% down day and close below 20800.
current market cycle: trading range
key levels: 19700 - 20600
bull case: My lowest measured move target is 22350. Market should stay above 20000 if bulls want to get there and that’s likely all that’s important about the nasdaq for now. Clear breakout and follow-through. Bears gave up and we are again at peak euphoria.
Invalidation is below 20000.
bear case: Bears need a miracle below 20000. That’s it. Could this become a bull trap and an exhaustion gap? Always possible but I think it’s so unlikely that you can not make money betting on those odds. Path of least resistance is up, Opex or not. What I do think is that we could be close to the top of the channel we are in and we go sideways for the next days. I drew potential upper bull channel line but confirmation would only be if we don’t print anything above 21350 tomorrow.
Invalidation is above 20400.
short term: Neutral. Bulls grinding but for how many more tries? If that is bad English, you can suck my Bratwurst.
medium-long term - Update from 2024-04-20: My most bearish target for 2025 was 17500ish, given in my year-end special. We are +18% from the lows and I do think, once this turns again, it will easily be the short trade of the year.
trade of the day: Shorting new highs continues to print money.
Inflation Data Boosting MarketsInflation has been front and center on traders' minds for the last several years as it can impact not only consumer prices but also futures markets. Today, CPI was released and the number came in slightly lower than expected at 2.3%. Throughout the session, the equity indices, precious metals, crypto markets, and Crude Oil traded higher. The Nasdaq led the way higher for the equities being up over 1.5% and Crude Oil also was up over 2.5% recording the 4th consecutive day with a higher high.
Looking at the recent gains in the S&P and Nasdaq, it can be useful to look at the historic relative strength on a daily basis. Currently for the Nasdaq, the relative strength from a daily basis standpoint is at the highest level since the all time high prices from December 17th, and the market is trading well below that level currently. For the rest of the week, traders will hear remarks from Fed Chair Powell about the current inflation and employment landscape and will see more data on global inflation that could add volatility to the markets.
If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
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**All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.