MNQ1! trade ideas
NQ Power Range Report with FIB Ext - 4/24/2025 SessionCME_MINI:NQM2025
- PR High: 18842.25
- PR Low: 18740.50
- NZ Spread: 277.5
Key scheduled economic events:
08:30 | Initial Jobless Claims
- Durable Goods Orders
10:00 | Existing Home Sales
Previous session gap remains unfilled
- Advertising rotation inside daily Keltner average cloud
Session Open Stats (As of 12:45 AM 4/24)
- Session Open ATR: 734.74
- Volume: 36K
- Open Int: 238K
- Trend Grade: Bear
- From BA ATH: -17.0% (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
Supply and Demand Zones 4/23/25 $NQLink: www.tradingview.com
After manyyyy months, I am finally coming back into my bread and butter.. Supply and Demand zones. Relearning this type of chart analysis was interesting, muscle memory kicked in but I definitely had to rewatch and re-read some old material to remember how I used to do this.
Back to the charts, my 2 games plans are:
1. Push into 1HR supply above to create (an ugly) shoulder and go short to fill the gap below. If we are respecting higher timeframe trend down, a retest of the gap/IMB/demand below would make sense.
2. Break out of HTF trend and reclaim the 1HR supply to become support (new demand level). If we are bullish and news is actually good, I want to see the 30MIN supply and gap get filled above.
How To Filter Signals On The 1 Minute Scalping IndicatorThis tutorial shows you how to use external indicators to filter out signals on the 1 Minute Scalping Indicator so that you only get signals that are in the direction of the trend.
Step By Step Process:
1. Pick an external indicator that provides an output value of 1 for bullish, -1 for bearish or 0 for neutral and add it to your chart. We have multiple indicators that can do this, but you can also customize your own indicators to provide this value and use that to filter out signals.
2. Set your desired trend parameters on your external indicator and make sure that indicator is on the same chart as the 1 Minute Scalping Indicator.
3. Go to the indicator settings for the 1 Minute Scalping Indicator and turn on one of the 3 available External Indicator Filters. Then from the dropdown menu, select the external indicator you want to use and make sure to choose the output value that gives the 1, -1 or 0 output for trends. Our indicators will have an output titled "Trend Direction To Send To External Indicators" to make that value easy to find in the dropdown menus.
That's it! Let the 1 Minute Scalping Indicator reload with the external indicator trend values and it will only show buy signals during bullish trends, only show sell signals during bearish trends or no signals during neutral markets. Make sure to back test your setup until you find the best external indicators and settings to use that work best for your trading style and then apply that setup to any chart you would like.
Here is the code you can use to add a trend value to your own custom indicators and send it to the 1 Minute Scalping Indicator:
trendDirection = 0
if close > ema1
trendDirection := 1
else if close < ema1
trendDirection := -1
else
trendDirection := 0
plot(trendDirection, title="Trend Direction To Send To External Indicators", color=#00000000, display=display.data_window)
Change the (close > ema1) and (close < ema1) to use your own variables from within your script.
2025-04-23 - priceactiontds - daily update - nasdaqnasdaq e-mini futures
comment: Until bears close the gap down to 18500, this is bullish, no doubt about it. I just think that we have seen 3 legs up and we are at big resistance. There is a chance that we have see the high today for this bull leg in what is likely a bigger trading range or still a very small chance of the continuation of the bear trend. Tomorrow will likely be key for this week. If we find acceptance above 18700, no reason not to run all the stops up to 19400. Below 18700 last chance for the bulls is defending the bull gap 21600 and below we go down hard again.
current market cycle: trading range, triangle on the daily chart - that is dead once we go above 19400
key levels: 17800 - 19500
bull case: Bulls want to test the 50% retracement and run all the stops up to 19500. That is the only price that matters for them. That would mean we are making higher highs again and this bear trend is over for good. There really isn’t much more to it right now. Bulls just can’t let the market fall below 18600 or today’s rally was indeed the bull trap I expect it to be.
Invalidation is below 18600.
bear case: Bears want a lower high below 19388 and continue inside the triangle. If they can make lower lows again, the momentum would be dead and only really good news could help the bulls. Right now I prefer the triangle structure we are in and favoring the bears to trade back down to at least 18400 tomorrow/Friday. Above 19000 I don’t think many bears will hold short and hope that 19165 remains resistance.
Invalidation is above 19000/19170.
short term: Neutral at 18900. Bearish only below 18700 and how strong the move is. Bullish above 19000 for 19165 retest and maybe much higher to 19500.
medium-long term - Update from 2024-04-20: My most bearish target for 2025 was 17500ish, given in my year-end special. We had the clear W1 and W3 but now it’s messy.
Only a big tariff agreement news can move the markets and that can go either way. You have no edge in guessing what will happen, so having huge swing positions right now does not make much sense. If earnings go bad, we will go much lower. What is the next big support to be hit? The lows of 2022 at 12565. Can we really get there? With a deep recession and some bigger failings, sure but for now it’s unrealistic to expect it.
trade of the day: Long since Globex open but the selling above 19100 was a big warning and then market let the bulls out with a higher high but that was is. Easiest move was either holding long on Globex open or buying the double bottom 18630 with stop below the gap down to 18400ish.
NQ Range (04-23-25)NAZ "Triangle of Churn", all Overnight with some Reg Session today. Seems more like knee jerk strength in low volume (or zero volume) zones. The U Turn off 17,750 was #39 or 40 since 1/22. The 2 Blue lines (upper) 2025 open price and (lower) 2024's. Danger Zones avoided, again (dash line channel below). 19,300 1st Short Zone, NAZ staying under or hitting with rejection may send it back for retest of DZ. 1,000 point days, we can be there by morning. Upper yellow bullseye may be for the Friday-Monday Long play should we pass 19,300. Seems manufactured a bit. Still viewing as insignificant noise/churn until we retest below hard and hold.
X3: FUTURES NQ SCALP 1:1 Pending OrderFUTURES NQ SCALP 1:1FUTURES NQ SCALP 1:1 Pending Order
Risking 1% to make 1%
If price comes down and long not triggered: cancel it, I will update in comment.
NAS100, US100, NQ, NASDAQ short for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 1%
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
MNQ!/NQ1! Day Trade Plan for 04/22/2025MNQ!/NQ1! Day Trade Plan for 04/22/2025
📈18210 18365
📉17910 17760
Thanks to all my followers! Truly appreciate the support!
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*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
NQ Power Range Report with FIB Ext - 4/23/2025 SessionCME_MINI:NQM2025
- PR High: 18771.75
- PR Low: 18644.00
- NZ Spread: 285.75
Key scheduled economic events:
09:45 | S&P Global Manufacturing PMI
- S&P Global Services PMI
10:00 | New Home Sales
10:30 | Crude Inventories
Major +1.5% session gap, unfilled to 18400
Session Open Stats (As of 12:15 AM 4/23)
- Session Open ATR: 752.66
- Volume: 58K
- Open Int: 241K
- Trend Grade: Bear
- From BA ATH: -17.4% (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
NQ: 175th trading session - recapRather good session today, good pre-market prep. However, I was a bit too tired which is obviously not good. But I walso don't want to put too much caffeine into my body that can't be healthy.
Also, take every clue you get as indication on what might happen. I know that you want "the range to break/ the pullback to continue", but if it simply doesn't do those things then take that as negative consolidation.
X3: FUTURES NQ SCALP 1:1 Pending OrderFUTURES NQ SCALP 1:1FUTURES NQ SCALP 1:1 Pending Order
Risking 1% to make 1%
If price comes down and long not triggered: cancel it, I will update in comment.
NAS100, US100, NQ, NASDAQ short for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 1%
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice