MNQ1! trade ideas
KEEP TRADING SIMPLE - NDX/NQ1Good Morning,
We did it - We sat patiently waiting for this beauty to drop. I am still holding my SSSQ but will exit shortly. Currently I am waiting for confirmation off the support to start accumulating more stocks from across various sectors.
This in theory is motive wave two. We will have to revisit at the next resistance area.
Thank you !
NQ Short opportunity at the resistance level CME_MINI:MNQ1!
Currently looking at NQ shorting opportunity's once price completely breaks 18,888. Once it breaks i will wait for a retest at the prior support level that will be testing as resistance marked off around 18,888. i believe we have one more strong bearish push before the market consolidates next week and correct itself.
NASDAQ Analysis (Bearish)Nasdaq is repeating itself time and time again. I strongly believe we will have a great break and retest opportunity to short the market. once the move happens, we will most likely consolidate next week or break back above and retest the support level fur great buying opportunity. creating the correction. I am currently bearish on NQ. looking for short-term buying scalps.
NQI have no idea what this market is doing, NQ is overbought on MFI and they're still trying to pump TSLA after bad news, lol.
In any case, I dumped my GLD calls after open, and bought back in after they sold it off to pump the market. Still going with long dated GLD calls, the Asians seemed pretty bullish on gold even if the US market is selling gold futures to buy index futures. Eventually they'll run out of gold futures to sell, lol.
2025-04-15 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
comment: I always refuse to interpret more into trading ranges than necessary. We have nested triangles. Just wait for the breakout. I have a bad feeling for bears, since today’s bad news could not push markets down, always a bad sign for bears.
current market cycle: bear trend valid until bear trend line broken but trading range a bit more likely right now. At least on lower time frames.
key levels: 16000 - 20000
bull case: Bulls need higher highs above 19000 to test 19250 and then the huge buy climax at 19384. If they get it, that means the bear trend line is broken and the bear trend is over and we will likely see a short squeeze for the ages. Huge day tomorrow.
Invalidation is below 18740.
bear case: Bears have to defend the bear trend line or they can just give up until we see 20000 or higher. Lower lows below 18600 would be a decent start tomorrow and next target then is 18750. Below is the elevator down to 18000 or lower. I would like a weekly close below 18000 very. much.
short term: Neutral 18900 - 19000. Invalidation prices for both sides are clear. Be patient and wait for the big breakout.
medium-long term - Update from 2024-03-16: My most bearish target for 2025 was 17500ish, given in my year-end special. W3 overshot it by 1000 points. Now my bearish bias is gone and I will wait how this unfolds. Big uncertainty for this year but I think this selling is overdone and big bois are buying with both hands below 17000.
trade of the day: Shorting 19000 was good multiple times.
NQ: 171st trading session - recapWas definitely more into the market today than usual, which is really good.
I feel like I can get the bag with this. In theory it is really the simplest way to make money:
I got my strategy, follow it and execute your plan. I don't really know why I doubt myself and the plan I wrote down, it's perfect. Take your trades, get the funded account, and execute your plan on picture perfect setups. It is pretty simple, yeah. Lock in.
From down $300-400 to only -$30Today I took some L's early on and was down $300-400 I made it back with some plays that were decent but not A+ and I ended the day down $-30. I decided to stop trading for the rest of the day to save my mental capacity and preserve capital I missed an A+ Setup not long after but overall I am happy with that
NQ bottom along with tech and crypto.New ATH coming after the recovery, I think this is the bottom of this down move, I don't think we rocket straight back up to ATH but its a great bet to add Long here. You really only get a move like this once every 5 years.
I think we see Crypto continue to move up, lots of good projects are oversold in the ALT world and lots of good projects are still carrying to torch. Showing strength amongst the weakness.
I think HYPE goes on to lead the way of finance onchain. They are only getting started.
I think S / Sonic goes on to be leader of the next defi summer 2.0.
(will make a post about them soon)
So I'm betting on the fastest horses and calling a decent spot to place bets on the overall condition of the market and i think CRYPTOCAP:BTC leads that race.
NQ: 170th trading session - recapYurr, I'm back actually trading again. Last week was so bad because price action was SO UGLY AHHHHHH. It's still not ideal, especially on the higher timeframes, sh*t looks like a heart rate monitor.
But yk, I gotta start trading someday again yk.
Might aswell be now.