NQ ObjectiveDrop down into this low and 4H BISI. SMT on the 15M, HTF PDAs hit (Daily Liquidity Void) & PDH Hit.
MNQ1! trade ideas
NQ Power Range Report with FIB Ext - 8/20/2024 SessionCME_MINI:NQU2024
- PR High: 19883.00
- PR Low: 19857.75
- NZ Spread: 56.25
No key scheduled economic events
Auctioning inventory back towards 20000 pivot from 7/23.
- Reasonable to expect front run.
Session Open Stats (As of 11:35 PM 8/19)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 428.66
- Volume: 17K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -5.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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 - Buy MoreTarget: 23,050
Stop: 16,700
Partial: 20,800
b]Key Considerations:
Fed meeting on September 18th
Traders are positioning themselves ahead of the announcement regarding the drop in the interest rate a 75% probability of a 0.25% drop.
USA is the last cab on the rank that has not dropped yet, they may think we are the big boys, we do what we want, when we are ready, we don't care what other countries are doing, we are the leaders, we don't follow, we lead, so we may even wait 1 more time, just to pretend we are being prudent and methodical, but really it's just because we don't want to look like we are sheep.
Or they could go ahead and drop but I think it will get to all-time highs between now and 4 weeks away anyway.
Any good news from the Fed will drive the Market up NASDAQ runs on Buy the Rumor and Buy the Fact.
If the Fed does drop rates this will significantly impact the Nasdaq and broader markets.
Nasdaq - Buy MoreTarget: 23,050
Stop: 16,700
Partial: 20,800
b]Key Considerations:
Fed meeting on September 18th
Traders are positioning themselves ahead of the announcement regarding the drop in the interest rate a 75% probability of a 0.25% drop.
USA is the last cab on the rank that has not dropped yet, they may think we are the big boys, we do what we want, when we are ready, we don't care what other countries are doing, we are the leaders, we don't follow, we lead, so we may even wait 1 more time, just to pretend we are being prudent and methodical, but really it's just because we don't want to look like we are sheep.
Or they could go ahead and drop but I think it will get to all-time highs between now and 4 weeks away anyway.
Any good news from the Fed will drive the Market up NASDAQ runs on Buy the Rumor and Buy the Fact.
If the Fed does drop rates this will significantly impact the Nasdaq and broader markets.
NQ1! SELL IDEA, CLEAR VIEW.Supply zone on daily, supply zone on 45min. You can add your thoughts on the comments.
NQ1! Sell ideaI don't trade these so just testing and you can add your thoughts.
So basically here supply was seen on daily and again on 45min timeframes.
Disclaimer: educational purposes only.
NQNQ and Bullish Bias for this Week, price can sweep PDL, Mitigated D FVG and from go for BSL Targets
$NQ1! Nasdaq100 Futures - 61,8% Retracement level reachedNasdaq100 e-mini has reached a retracement level of 61,8% from it's all time high. Between 50%-61,8% we call the ambush zone, because this is a popular zone for buyers to become fatigued and sellers to move in.
This is an area of interest and I will watch this zone very carefully for buyer weakness in coming days for a possible short position.
PS. This short position would be taken to hedge my current long positions.
Bullish Idea/ Chart Review for NMQU2024 08/16/2024Here are my thoughts and ideas for this past Friday's trading day. These posts are for my journaling process so please let me know what you think.
MNQ weekly update MNQ is currently sitting at the 61.8% Fibonacci retracement level. Based on technical analysis, the bulls appear to be in control. There is a wide-spread bullish candle with above-average volume, and the price has bounced off the 40 EMA, which also acts as a confluence. This week will be a test of the 61.8% level, and it will be important to observe how the market reacts around this key area.
This is my Bullish Chart review NMQU 2024 (08/15/2024) 15 min.This is a bullish perspective on the NMQU 2024 contract. This is for my own personal journaling. please let me know your thoughts.
NQ Power Range Report with FIB Ext - 8/19/2024 SessionCME_MINI:NQU2024
- PR High: 19673.75
- PR Low: 19614.50
- NZ Spread: 132.25
No key scheduled economic events
Relatively low vol open to start the week
Session Open Stats (As of 10:35 PM 8/18)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 436.52
- Volume: 15K
- Open Int: 230K
- Trend Grade: Bull
- From BA ATH: -6.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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 Bullish ATH incoming After last weeks expansion move from the manipulation of 02 may 2024. Creating an SMT
with ES! In the beginning of the month of august.
FIbb drawn out from the sweep of that candle low (02may) to the next 3 candles following it.
2.0 /2.5 is targeted for the HIGHS.
This week has FOMC this wenesday.
Monthly Candle has flipped green looking for an expansion this week towards the highs if not next week.
Anticipating this week to OLHC.
Current Sunday ASIA Session creating an SMT at the highs above NWOG with ES!.
I am expecting monday or tuesday to put in a low to set up another trending week up.
Nasdaq ObjectivesGoing into this new trading day, these are my Targets. I want price to respect that New Week Opening Gap. It can drop again into it, it can fill in that range, etc. However I want that price range to support price. So price cannot got below Last Fridays Afternoon low, otherwise I'd have to reconsider the trade idea and wait.
side waysthis picture shows the data of a side market which means the price point is bouncing up and down on the line until it breaks out now these can be beneficial if you use them correctly
8.18.2024 Weekly Pre-Market Analysis NasdaqRight now we are Bullish ONLY if the Nasdaq breaks the 4 hour zone. If it holds under the zone, breaks the up trend line and forms lower lows and highs, then we will look to go shorts.
Targets are in place.
NQ1! BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
NQ1! is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 17,296.75.
✅LIKE AND COMMENT MY IDEAS✅
NQ - Risking It For Buyside Biscuit 7 consecutive days of bullish price action, attacking all previous arrays, balancing prior weeks price range but failed to peak it's head above buystops @ $19,717.
$19,718 is my first target in my narrative, with the volume imbalance at $19,883 being my second point of interest.
Very similar to ES, NQ has to put in work if it wants to rival with Gold's run up into all-time highs.
NQ Rejection from PRZ - Sell below HL on 15 min TF15 min time frame
Rejection from PRZ 19680
Entry below the HL
SL above the highs
TP based on risk taken
1:1 RR Trade
20240816 NQI anticipate 4h bisi to provide support for AMS PA and upside move to make the w bs raid. When the 8.30 HI news effect evaporates the PA is to show sings of reversal in IOF. TGIF - is the narrative for this anticipation. There is HTF narrative of the election year which leads into Bullish BIAS, that is why it is worth of waiting for more signs change in IOF.
