Nasdaq at 2022 long term support trendlineDraw the trendline from all lows/bottoms since 2022 and you'll notice Nasdaq is now sitting right at the support trendline with a daily hammer candle sitting right on it.
XLF filled the gap so another hint that this may be the bottom.
Hold long swings and re-evaluate at every weekly closed candle.
NQ1! trade ideas
Observations from last weeks trading in NQIn doing my weekend updates, I saw this pattern of behaviour from the previous week, in light of a pretty volatile week of trading, Trump comments, tariffs, economic data, and Powell speak.
So what now? well, I will stick my neck out and say we have seen the highs for the next 6 months and possibly the year. I do anticipate a corrective rally and will be watching the 20730 area initially and then 21035 and the more significant band of 21340/21560, these are previous break areas and Fibonacci retracement levels.
Good luck
Possible NQ Bounce Starting Monday 3/10/25Monday and the rest of the coming week could be the start of the NQ making a bounce. If not, it's look out below with a break of 20,000 going to 19,000 rather quickly. Price will dictate how we go but a good bounce is not out of the question. Watch the video for more details.
Feel free to leave your comments.
Thanks for watching.
NQ Range (03-05-25)NAZ Triangle, things may get scary under KL 695. Looking back at previous Post's will help with the forward forecast. The NAZ has been slowly (since 11/24) setting up the drop/test to the "Turd Zone" 20,695 (1st yellow circle). The drop is a correction at -10%, the next move may be an 85% retracement back up (2nd yellow circle) and if the KL 695 rejects the NAZ again, look for 3rd circle (KL 19,200). The NAZ may stay in shaded zone above and go sideways, look for push/pull when shorting. No P/P just stay Long as selling/shorting is not part of the Long Only passive index product world (mutual funds, ETFs, DCA into 401k). Selling is execution with conviction, that is the push/pull PA. No selling, the NAZ will snail float back up. BTW, old tricks seem to be fading or not as effective.
In addition to previous comments, 20388 target initiatedIt could continue freefalling. A few economic calendars suggest continued jobless claims, new and old. And nonfarm payrolls 159k to beat; this is a pivotal moment, not to mention JP speaking at 12:30 followed by Trump at 13:30. It's still swinging on the 200, still in play after a staggering decline by over 2000 points in two weeks of trading. The momentum factor may push in before the 10% correction does.
NQ Power Range Report with FIB Ext - 3/7/2025 SessionCME_MINI:NQH2025
- PR High: 20225.75
- PR Low: 20168.00
- NZ Spread: 129.25
Key scheduled economic events:
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
11:00 | Fed Monetary Policy Report
12:30 | Fed Chair Powell Speaks
AMP temporary margins increase for tomorrows economic events
- Immediate response front running 20000 supply
- Holding above previous session close
Session Open Stats (As of 12:55 AM 3/7)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 445.63
- Volume: 29K
- Open Int: 279K
- Trend Grade: Bull
- From BA ATH: -10.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
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 100 - Is the Downtrend Losing Steam? The market has been in a clear bearish trend, forming a descending channel with lower highs and lower lows. However, we are now witnessing signs of stabilization as price action begins to consolidate at a critical level.
🔍 Key Observations:
- The price has tested resistance twice around 20,800, failing to break higher. This signals strong selling pressure at this level.
- At the same time, the market has established a short-term support around 20,000, holding the price from making new lows.
- The structure suggests a possible double top formation, which could indicate another rejection and continuation of the bearish trend.
Possible Scenarios:
1️⃣ Bullish Breakout: If the price manages to break above resistance, we could see a trend reversal, leading to a potential recovery towards 21,000+.
2️⃣ Bearish Rejection: If resistance holds strong, another drop could follow, with price targeting the previous support zone or even lower lows.
3️⃣ Range Formation: If the market continues to test this zone without clear direction, we might enter a sideways consolidation phase before the next major move.
What do you think? Will NASDAQ break resistance or head lower?
#NASDAQ #Trading #MarketAnalysis #DoubleTop #BearishOrBullish
Scalper’s Paradise Part 2 – Insights on TransactionsThis is my second post and the continuation of the Scalper’s Paradise series . In this installment, I’ll dive into transactions—more commonly known as volume . While everyone is aware of it, few truly utilize it effectively. From a retail trader’s perspective, volume is often misunderstood and misused. That’s why today, I’ll break it down and provide exceptional insights, drawing from my institutional experience as a professional trader.
First, let’s clarify what volume really is. Volume is simply the total number of transactions between buyers and sellers. For example, if one buyer wants to purchase a single stock and a seller is willing to sell that stock, the transaction is recorded as one, meaning the volume reflects 1.
Now, if we see that the volume for a given period is 1,000 traded stocks, this means there were 1,000 buyers and 1,000 sellers. It’s crucial to understand that there are always an equal number of buyers and sellers in any transaction.
With this in mind, we can debunk a common misconception: when we see high volume and price movement, it’s incorrect to say there were "a lot of buyers" or "a lot of sellers"—because both sides are always equal. The real reason behind price movements is a different story, and one that I’ll cover in a future post.
Now, let’s take a look at a chart that’s particularly useful for day trading, especially when combined with the volume indicator.
Here, you can see a 10-second chart, which is particularly effective for spotting algorithmic trades used by institutions.
Now, I’ve marked the high-volume areas with a vertical line. Remember, high volume indicates a significant level of market activity.
Now, I’ve marked the candles that had the highest relative trading volumes.
But what can we do with all this information?
Why is high volume so important?
First , high volume disrupts the market. It clearly signals that a major player is in need of liquidity. The reasons behind this can vary, as discussed in Part 1 of this series, but for now, let’s focus on the key takeaway: big players need volume.
When a market participant requires large volume, their activity becomes visible in chunks, revealing parts of their trading strategy. This is exactly why we use 10-second charts—to spot these institutional trades more easily. Once we identify them, we can determine the price levels where they are beginning to accumulate or distribute their positions.
The second reason is more of an institutional strategy rather than something easily executed by retail traders—but I’ll explain it anyway. During my time as an institutional trader, my performance was often evaluated based on how efficiently I could accumulate volume over time. This required finding other large players in the market.
Let’s say I needed to take a long position. To do so, I required sellers on the other side. If I spotted a large player selling, I could use their selling pressure to gradually accumulate my position around their activity. This strategy allowed me to secure better prices over time by executing fewer, larger trades instead of aggressively chasing liquidity.
Ultimately, this is the core objective of an institutional trader—maximizing position size while maintaining optimal pricing.
How Can Retail Traders Use This Information to Improve Their Trading?
1) Identify high-volume areas on a 10-second chart.
2) Mark these levels on your chart.
3) Wait for a breach of these levels and trade in the direction of the breakout.
If there is no breakout, you can align yourself with the large player instead.
For example, if a big player is accumulating buy orders, mark that level and observe whether they continue to hold their position. If they do, you can go long alongside them. However, if other traders (as I did in my institutional trading days) start pushing against that big player, wait for a breach of your marked level and look for short opportunities instead.
Keep in mind that we are talking about day trading and scalping, meaning these are short-term trades. The goal is to capitalize on immediate price movements rather than holding positions for extended periods.
Here, you can see the levels we discussed earlier. Notice how the market clearly reacts to these easily identifiable levels—though trading them successfully is not as simple.
I always use order flow and Level 2 data to confirm my trade ideas.
Wishing you good luck and plenty of valuable insights from my post!
Marco
NQ Shorts - IntradayI have been posting this same model on all the trade ideas and you can see my previous post on how those have played out, including swing opportunities. Out of 90% of my position as the PDL was my first target that was obvious, leaving runner for the low of the week. Let's see if it gets there.
MNQ!/NQ1! Day Trade Plan for 03/06/2025MNQ!/NQ1! Day Trade Plan for 03/06/2025
📈20420 20515
📉20235 20140
Like and share for more daily ES/NQ levels 🤓📈📉🎯💰
*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.*
500+ Points caught on NQ! IFVG + OB Support.
Caught a massive 500+ point move on NQ, entering off an Inverted Fair Value Gap (IFVG) and Order Block (OB) support. The setup was clean, and price respected key levels perfectly. Watch the breakdown of my trade and how it played out!
💯 100 likes and I’ll post the full trading session with all trades!
Disclaimer:
This video is for educational and entertainment purposes only. Trading futures involves significant risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and trade responsibly.
200pts secured from IFVG's 50% > SSL Targeted Caught a 200-point move on MNQ from the 50% level of a Fair Value Gap (FVG) that previously acted as an Inverted FVG (IFVG). My target was sell-side liquidity, and the setup played out perfectly. Watch the breakdown of the trade and my thought process in real-time!
💯 100 likes and I'll post the entire trading session with all trades taken!
Disclaimer:
This video is for educational and entertainment purposes only. Trading futures involves significant risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and trade responsibly.
NQ Power Range Report with FIB Ext - 3/6/2025 SessionCME_MINI:NQH2025
- PR High: 20643.50
- PR Low: 20589.00
- NZ Spread: 122.0
Key scheduled economic events:
08:30 | Initial Jobless Claims
Maintaining previous 2 session range, daily inside print
- Still advertising rotation off 20200 inventory
- Auction hovering at previous session close
Session Open Stats (As of 12:25 AM 3/6)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 431.72
- Volume: 20K
- Open Int: 280K
- Trend Grade: Bull
- From BA ATH: -8.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
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!/NQ1! Day Trade Plan for 03/05/2025MNQ!/NQ1! Day Trade Plan for 03/05/2025
📈20515 20610
📉20330 20240
Like and share for more daily ES/NQ levels 🤓📈📉🎯💰
*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.*
2025-03-05 - priceactiontds - daily update - nasdaq
Good Evening and I hope you are well.
comment: Market made a lower high. Most important fact today. Higher low also but for bears it was more important than for the bulls. Range is contracting between 20300 and 20730, so play it. News bombs will likely determine what we will do tomorrow. Embrace the volatility. Trade small and take profits along the way.
current market cycle: trading range - only daily closes below 20000 mark the end of this bull trend
key levels: 20300 - 20730 (above 20730 we will likely go for 21k / below 20300 is 20000)
bull case: Bulls are in reach to break the bear channel and melt higher again. They need to break above tomorrow or bears might do the unthinkable and go below 20000 into the weekend. We have corrected 10% from the ath and a bounce would be a bit more fitting than continuation. My W2 target is around 21200. Very important for bulls is to print higher lows tomorrow, means staying above 20215.
Invalidation is below 20215.
bear case: Bears continue to have deep intraday bear legs so bulls are not too happy in buying high, which is probably why we are contracting again. Bears want to continue this sharp sell off into the weekend, likely below the big round number 20000. They are still in control until the bear channel is broken.
Invalidation is above 21740.
short term: Neutral but I kinda slightly favor the bulls since we are at the 2024-11, 2025-02 and 2025-01 support. If the bear channel continues, so be it. Happily shorting this for 20k then but I’d be more surprised if we do not make new highs above 20740 tomorrow and test 21k again.
medium-long term - Update from 2024-02-23: Neutral since we are in a 4-5 month trading range. Still leaning heavily bearish for this year but for now it’s sideways until we get consecutive daily closes below 20000.
trade of the day: Range was clear and given, have to play it. Both sides made good money today.