My Trading Journal #1 - MNQHi guys, I'll be putting together my trade diary here with the analyses for day trade operations in MNQ, I hope it helps you in some way.
NQ1! trade ideas
NQ Long IdeaHey guys, looking at the current price action and my last trades first TP being hit, I'd like to see the price take Sell Side Liquidity before moving higher.
Check out my last Post for the previous forward test of this trade.
-T-
20,929 NQ Targetlooking for longs from 20,760 area to carry into 20,929 today
IF we stay below 20,720 on a closing basis...ill look lower
11.22.24 NQ 4HR Chart observations11.22.24 NQ 4-Hour Chart Observations- Price has been in a range/ upward channel since 11/15. Typical range trading of sweeping both sides of price, bouncing off the 200 ema. No sign of leaving range yet. If bullish- target is all time high, if bearish- retest bottom of last bull run at 20041 area.
$NQ Possible PM Session Buy *SMC*Edit: OOPS! I pulled the chart too far back when publishing. I would suggest looking at the chat with the high and the low of the day as well as including the asian session from yesterday.
like this
*Smart Money Concepts is the technical analysis that takes the opposite appproach of retail ttechnical analysis. Don't think as if you were taught the first time to trade. Think as if you're a market maker and can manipulate the market.
In th 5 min chart of Nasdaq Futures. There's a small unbalanced candle that breaks the most recent high (Not a major high just a session mid-high). The bottom of that FVG is also the top of that short high that triggers liquidity at $20780.25 See Chart
If price reaches int that FVG, I will jump in with a PM session silver Bulllet opportunity. Keep in mind. that you have two bearish breakers/order blocks on your way up. However, considering we haven't been breaking lows, I have a feeling the afternoon session will be going for breaking Liquidity in a high, above 20,905. and OANDA:NAS100USD possibly to the Top of the 1 HR Breaker. see chart.
If it doesn't fall back into this area. I'll just sit n my hands and not risk chasing something I do not see that a institution would would do.
Entry is 20791.00, Full Take Profit 20918.00 (Possibly banking two take profits along the way as it hits bearish breakers and moving the stop loss to even.) Srop loss will depend on time. If before 2pm NY Time then 20700.75. Be careful after 2 p.m. as price will have a tendency to move a lot faster and your stop loss could get hit in a matter of minutes. So I would shallow it to 20,780, and look for another entry
Good luck and happy trading.
CME_MINI:NQ1!
OANDA:NAS100USD
PEPPERSTONE:NAS100
NQ Power Range Report with FIB Ext - 11/22/2024 SessionCME_MINI:NQZ2024
- PR High: 20808.00
- PR Low: 20758.50
- NZ Spread: 110.50
Key scheduled economic events
09:45 | S&P Global US Marketing PMI
- S&P Global Services PMI
Retaining value inside Friday 11/15 range, below 20880
- Holding auction in week highs
Session Open Stats (As of 1:45 AM 11/22)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 308.57
- Volume: 38K
- Open Int: 273K
- Trend Grade: Bull
- From BA ATH: -2.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 21525
- Mid: 20954
- Short: 19815
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
Trade November 22-2024: MNQ SHORTMNQ Short Position:
Entry Price: 20820
Stop Loss: 20870
Take Profit (TP): 20598
If you miss one target, focus on the other. Always remember to protect your trades and conduct your due diligence. Add your comments below and make sure to follow me for more ideas!
journal 11 November 22 monthly bullish , weekly bullish , daily bullish , there is a easy 15min structure with equal lows im expecting these to get purged during London before we continue higher , following the same scenario , we get in once the buyside is taken out then we catch 2-3 am zone or 10-11 zone only when a breaker is formed , honestly feel good journaling has really kept my emotions in check not being excited when winning and not doubting myself when a loss incurs lets just keep duplicating this to end the year stronger i am grateful for the losses because they've brought me here
Chart Idea - Swing Long on NQSwing Long Setup
Entry - 21200
SL - 19900
TP - 23600
RR - 2:1
Not a financial advice... Do your own research !!
Continuation of Tops In Maybe in Trouble Will SeeGuys looks like they want to run this higher
will know more Friday or wed next week Went long
IWM 232.56
Out SOXS and still short small very small SPXL
journal 10November 21 monthly bullish , weekly bullish , daily bullish we again did again what i
predicted during newyork taking out buyside liquidity followed my plan waiting for 10-11 am zone waited for the breaker and got in on the retest , up another 7% honestly this week was great , literally predicted most the moves did not react or chase price lost 1 trade and that was only because i didn't let the liquidity fully be taken and breaker be made feeling way more confident and not caring about missing the move (also the breaker is on the 1min)
MXMM Sell IdeaHey Guys, I'd like to share my Short Idea following the Market Maker Sell Model. We broke through the PDH with a lot of volatility which is the reason why im waiting for more market structure so i can execute the trade more safely. I would like to see some consolidation forming following with a another liquidity grab so i can catch a Smart Money Reversal.
-T-
NQ_One Hour_Bullish_+634 TicksThe NQ one hour time frame is in an up channel. The
market is at a low price in the buy zone hitting the
bottom of the up channel. The market has an up
Fibonacci with an extension price point 21046.00
about +634 ticks above the market. It will be a
good idea to look for long ideas as long as the market
stays in the buy zone.
Entry: Counter trend line break bullish in the buy zone.
STOP: 20365.00
LIMIT: 21046.00
Another Entry Idea: Turn to the five minute time frame and
look for your favorite entry strategy in the direction of
the one hour price target.
MNQ Long TradeMNQ Long Position:
Entry Price: 20537
Take Profit (TP) : 20800
Stop Loss (SL) : 20460
After this trade, the market may reverse, so be ready to take a short position:
MNQ Short Position:
Entry Price: 20800
Stop Loss: 20850
Take Profit (TP): 20650
If you miss one target, focus on the other. Always remember to protect your trades and conduct your due diligence. Add your comments below and make sure to follow me for more ideas!
journal 10November 21 monthly bullish , weekly bullish , daily bullish , we did as i predicted we took out short term trend activating sell stops
once we took out liquidity i waited for the bullish breaker to form then got in on first retest and took it to 5min fvg great trade and well
followed our rules again the money feels good but its the feeling of actually getting better and better not chasing price but trading with precision
now ill wait for 10-11 zone
NQ Power Range Report with FIB Ext - 11/21/2024 SessionCME_MINI:NQZ2024
- PR High: 20762.25
- PR Low: 20687.50
- NZ Spread: 167.50
Key scheduled economic events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
10:00 | Existing Home Sales
Rotation back inside Tuesday range following failed breakout above 20840
- Return to daily Keltner average cloud
Session Open Stats (As of 1:05 AM 11/21)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 307.87
- Volume: 42K
- Open Int: 277K
- Trend Grade: Bull
- From BA ATH: -2.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 21525
- Mid: 20954
- Short: 19815
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
journal 9 monthly bullish , weekly bullish , daily bullish , we took daily low out expecting to go to mitigation block and retail break retest expecting buy stops above it we have made mini up trend on 1hr and 15m so during London expecting a drop to fake people out to sell side then make a breaker and take it back up
GOING DOWN ON NSDAQ After the NVDA failed post market after earnings beat with geopolitical tensions rising, I belive we will go below on NASDAQ at the next support Level. The price also failed to close above the previous day Close and above the 9 dat EMA. Also the price is closing lower on increasing volume.
journal 8 November 20 monthly bullish , weekly bullish , daily bullish
at 20.514 i followed my plan during newyork it purged all the buyers
like i wanted London to do but i let the market drop and go below daily low and
waited for my bullish breaker and if it didn't do it i was done but at 1030 it made breaker caught it
and hit 5min high and done for the day honestly happy not because profit but because learning more control and
predicting the market not chasing the market
MXMM Short IdeaAs for my first post, I would like to share my favorite short setup using the Market-Maker Model, as we can confirm, the PDH market as my External Liquidity was swept reaching into my Higher Timeframe Point of Interest. As for my Strategy, I would want the price to drop down into lower lying Hourly Fair Value Gaps.
-T-
looking long from 20,640upside target for this is 20,870. larger time frame trade to take place here.
i am patient for the entry, ideally i want to get in around 20,624
i do not want to see price trade below 20,500 for this idea
Deep Crab strategyThis is a Harmonic based strategy which uses only the Deep Crab pattern. I use the zigzag harmonic pattern indicator by Trendoscope. Here are the basic steps. Can be used either bullish or bearish. When the Deep Crab is stretched out even more, this will allow for much more profits.
1. Look for Deep Crab alert.
2.Find indicator multi zizag by Trendoscope.
3. Mark next lowest point on Deep crap.
4. The deeper the crab the better.
5. Take profit at next lowest point or slightly
above it.
6. 90% win ratio.
