10.2.2024 NQ Market Bias UpdateJust Sharing my bias, not financial advice of course. I would like to post my bias updates here, lets see if we can create a consistent routine with this.
MNQ1! trade ideas
Small Buys1. Daily bullish breaker OB
2. Imbalance above
3. FSL (45min)
4. 30min bullish ob (tpd 4x)
10.2.24 4hr NQ Chart short target10.2.24 4hr chart observations. Extended lower end of range yesterday and overnight. Volume has increased. Currently inside a previous 4hr FVG, tight range last 3 candles in this FVG. 19887 area current support. New bearish FVG have formed above. Orderblock/fvg, 200ema stacked below in 19683 as a possible target if continues downward.
NQ Power Range Report with FIB Ext - 10/2/2024 SessionCME_MINI:NQZ2024
- PR High: 19986.00
- PR Low: 19905.75
- NZ Spread: 179.25
Key scheduled economic events
08:15 | ADP Nonfarm Employment Change
10:30 | Crude Oil Inventories
Liquidity run back below 20000, front running 19800 near KA cloud
Session Open Stats (As of 12:25 AM 10/2)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 333.31
- Volume: 27K
- Open Int: 234K
- Trend Grade: Bull
- From BA ATH: -4.7% (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
MNQ Asian Session Trade Idea Buyside Liquidity being Purged as we found support within a HTF FVG and entry within a 3M FVG.
using A.I to signal scalp tradesIm simply just waiting for movement time zones and waitning for a buy or sell signal. The key is to get in and get out ; finding multiple entries is key so you lock in profit quick and go on about you day.
NQ S/R Flip Short IdeaNQ broke below last Wednesday's low today which was also around this week's low before the break. It's coming straight back up into the area now for a retest, this is also right at 20k. I like the odds of a rejection here, but I'd be quick to get out of the way if it breaks above.
Perfect entry would be right around 20,065, but that may not hit. First downside target is demand near 19.7k.
NASDAQ watching for 15m 5 and 8 ma cross and good looking MACDNASDAQ watching for 15m 5 and 8 ma cross and good looking MACD.
After this mornings DUMP it's care to spot a real bounce, if one happens of any note today.
You can find that 5 and 8 ma cross indicator someplace under my stuff here on TradingView.
The 30 minute would be the real sign of a turn around BUT today that might be to slow to make any gains on a long, so watching the 15.
MMSM - Nasdaq -NQ futures (MNQ) SHORT 19.380NQ - MMSM SHORT, Ray has outlined his prediction yesterday on X and today NQ hit his first target, Stage 1 re-distribution... he is short unless price retrace and close above 20.410, to be Long 20.760.. Ray is 8 years old and study ICT on YT 2 years, only for demo trading.
Weekly DOL on ES and NQLiquidity has built up nicely above the weekly imbalance. Price is setting up for a run on sellside liquidity into the weekly imbalance.
Our narrative:
ES took out all time highs, taking out a huge liquidity pool. After price has mitigated a level like that, the next possible move is to rebalance itself.
Our relative priceleg is the move to ATH from two weeks ago. It contains a discount weekly imbalance (an internal liquidity) which can possibly be traded to. It's our next draw on liquidity.¶
10.1.24 4hr chart observations10.1.24 4hr chart observations. Fully explored lower end of range, even wicked all the way through lower fvg. Current range between FVG's, roughly 20,362 and 20,137. Orderblock still open above.
NQ 4h - one of the possible parallel universesCalculation based on Starx-Signals,
Buy/Sell Signals and statistics based on Starx Money Mashine-Strategy - drop me a line if interested or
Visit my profile for more
Happy Trades
NQ PLANI am looking to take NQ for long in these areas (green), but i must see accumulation happening in lower frames 15m/5m .
Great risk/reward ratio
entry 20,220 range
TP 20,350 range
SL will be the accumulation structure when it happens, 20210 +-
possibility of a correctionIt seems that according to the inflation and labor market news, there is a possibility of a correction
NQ Power Range Report with FIB Ext - 10/1/2024 SessionCME_MINI:NQZ2024
- PR High: 20245.75
- PR Low: 20213.25
- NZ Spread: 72.5
Key scheduled economic events
09:45 | S&P Global US Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
- JOLTs Job Openings
Inventory dip to ~20060 before retracing back into week range
Session Open Stats (As of 12:25 AM 10/1)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 322.66
- Volume: 23K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -3.1% (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
Could We Be Going Long???Daily: Monday's candle swept below Friday's low and closed bullish. Price is still extended at a higher high in the daily bullish trading range. Price can potentially move higher into the previous day's high.
4hr: The 4hr trading range is still bullish in the corrective phase back into the 4hr volume profile POC, but we can see a potential reversal for longs playing out if the price closes above 20286.50 on the 4hr
m15: If that happens I will look for a pullback sweeping sell side for long entry
Again, we let the price develop overnight before the NY session and updated in the morning to see if anything had changed.
Since NQ and ES move in the same direction I will be monitoring for divergence or convergence between the two
