1:1 RR ,NAS100 1:1 Trades are slowly becoming my favorite , They are fast and instant rewarding motivating you and also good for developing your system . I would recommend this to any upcoming trader , A Win is A win no matter how small it is
NAS100USD trade ideas
What's Happening With Nasdaq100So as y'all know nasdaq had a big correction this year and in the same year a new ath (all time high). However, her structures are very chaotic hence the back n' forth compared to previous years.
She’s struggling at the 11th if july previous resistance and if broken then we up if not, the fall to balance things might just be a possibility. There's a trendline channel she's still in and it has been tested a lot. A 20800-850 break is all we need.
new maintained support at: 20316.
What's your take?
Technical and digital analysisWe notice that we are in an upward correction and there is an increase in momentum. We are waiting for sellers to weaken in order to buy, Update idea Add note
Technical and digital analysisWe notice that we are in an upward correction and there is an increase in momentum. We are waiting for sellers to weaken in order to buy, Update idea Add note
USTEC rose after avoiding Lutnick as a Treasury Secretary
The Nasdaq index has surged, fueled by solid expectations surrounding Nvidia's Q3 earnings and the alleviation of uncertainty following the appointment of the new Treasury Secretary.
Investors are breathing a sigh of relief as Howard Lutnick, a staunch supporter of Trump's tariff policies, has been nominated for Commerce Secretary rather than Treasury Secretary. In contrast, Kevin Warsh, who is running for Treasury Secretary, has openly criticized protectionist measures such as tariffs. This shift has heightened expectations that some economic issues stemming from Trump’s tariff policies will be mitigated.
Furthermore, Wall Street consistently raises Nvidia's target stock price. Investors anticipate that Nvidia's Q3 earnings will surpass market consensus, and Wall Street confidently anticipates that the Q4 guidance will also exceed expectations.
USTEC briefly tested the support at 20300 and rebounded to 20770. The index sustains upward momentum, holding above the trend line. If USTEC sustains its upward trend above the resistance at 20700, the index could gain upward momentum toward the 21250 high. Conversely, if USTEC fails to hold above the trend line and 20300, the index may fall further to 19950.
Nasdaq Intraday Review - Tuesday 19 Nov 2024I trade Nasdaq exclusively
Trading in GMT time zone
Sharing my post day review and analysis in case it can help you!
Did my analysis at +- 5:30 am GMT (00:30 am EST)
Economic news - None
News - None. Tomorrow is Nvidia Earnings release
Directional bias - BUY (read yesterday's post entitled "Nasdaq Intraday Review - Monday 18 Nov 2024" for more insight into today's directional bias and swing trade entry)
Yesterday I opened a swing trade at the B. hand icon.
My mental stop was placed at the thick pink line.
Wow....what a day, what a draw down!
But held throughout and I am now 1'300 pips in the profit with a big position and secured at entry i.e. trading risk free.
Here's the reasoning for holding and also where I would have entered today if I had not had a swing trade going:
Holding swing trade:
As is evident from the 1H chart, a huge red candle closed below my mental stop. In normal trading i.e. day trading I would have closed my trade.
But in this instance I entered a swing trade based on the 4H TF. On normal day trading days, I enter on much lower TF and judge how candles close against my mental SL on much lower TFs.
As a rule, if candles start closing below my mental stop, I would close.
But over the years I have also learnt that the time frame you enter on, is the TF you should judge if you want to close your trade. In other words, if I enter on a 4H TF, then in theory I should only close my trade if 4H candles start closing below my mental stop. This is very hard (especially because Nasdaq that can spike thousands of pips at a time). But over the years, as I have grown my account and gained experience, I have been able to hold fast on this observation.
And so, as can be seen on the 4H TF, a 4H candle did not close at my mental stop.
This draw down had me sweating bullets and if I had my position sizing wrong I could easily have bust my account on a 2'700 pip drawn down (esp because I trade with a 500 leverage). I was also nearly in panic mode because the news is full of stories regarding the Ukraine Russia War escalation. So I am pleased that I held my cool, stuck with my trade plan and didn't panic close my position at a massive loss.
Whether it was luck or truly my past "observation", I thank my lucky stars that price ultimately went my way.
Entry point for today:
I did not add another position today because my exposure was already at the max.
But if I hadn't had my swing trade going, I would have entered on the 1H TF at the smiley icon (because the move down was really strong, so I would have looked for confirmation on a higher TF)
Also the 1H DB formed on the strong Weekly support.
Now we need to see if price can break through the strong sell fib levels and I am hoping Nvidia earnings will help with that.
Hope you had a good trading day! Over and out!
P.S. Note how price exactly respected the market pattern profit target theory market at C. (i.e. that price will move the same distance as the height of the market pattern, once the market pattern in broken). Price formed a rising wedge on the 4H TF and then broke downwards and moved the exact distance down as the height of the market pattern.
Abbreviations:
TF = timeframe
TP = take profit
1H = 1 hour
4H = 4 hour
D = day
W = week
M = month
S&R = support & resistance
H&S = head & shoulders
EMA = exponential moving average
SL = stop loss
NAS100 Bullish UptrendA nice bullish candlestick pattern of three white soldiers indicates that the market will move up from here also no divergence is observed on the RSI oscillator.
Nas 100 Execution , 1:1 RR Trade This was a quick execution targeting the Buyside liqudity pool which is a low hanging objective
The IFVG ( Reclaimed Fair Value Gap ) Is my Market structure shift .
1:1 are good for building confidence on your system and remove fear .
who else likes the 1:1 trades.
NAS100 - Continuation DTFOn the daily timeframe a bearish candlestick pattern of three black crows is expected to push down the price to buy limit levels in case the price continues to move up a buy stop is placed at 20290 level
NAS100 Continuation PatternNAS100 is advancing in an uptrend a bias towards retracement is expected to occur because of the bearish dark cloud cover candlestick pattern. In case it is invalidated a buy-stop position would be valid if the setup breaks higher high level of 21458
1ST TARGET REACHEDMinutes ago I posted to Sell on NASDAQ, now the market reached out 1st Target, half of the trade closed and now waiting for the market to reach our 2nd Target.
Follow for more!
Buy Opportunities on 30 mins from the previous low price range Previous high triggered let's wait for confirmation on NY open. Is NASDAQ gonna push up?
NQ, Where do we go from here?Where do we end up after this week… have we found a strong support… for price to now climb higher or are we going to continue to see a shift of momentum 👀
Personally I am swaying more bearish for the meantime, let’s see what happens
Consistency in DNA #19SAMPLE SIZES
Real trader is a probability thinker. He transformed his mind by training to think in a different way, based on the series of trades. He knows a lot more that an amateur is even aware of.
~AS Malone
NAS100 - Nasdaq will reach above 21,000?!The index is located between EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the index rises towards the two specified supply zones, you can look for NASDAQ sell positions with the appropriate risk reward. Nasdaq's buying position is in the demand zone after the continuation of the corrective movement, and considering the downward sentiment at the end of the week, it should be saved quickly.
China’s Export Restrictions and Their Impact on Global Supply Chains
• China Tightens Export Controls:
Starting December 1, China will implement new regulations to tighten export restrictions on critical metals and raw materials, including tungsten, graphite, magnesium, and aluminum alloys, essential for the technology sector.
• China’s Objectives:
These measures are part of a broader strategy to manage sensitive exports and protect national interests.
• Global Market Impact:
The new restrictions are expected to disrupt global technology supply chains and introduce volatility in related markets.
Zelensky’s Perspective on Trump’s Presidency
• Zelensky’s Comments:
Ukrainian President Volodymyr Zelensky stated that the war in Ukraine could end sooner if Donald Trump returns to the White House.
• Constructive Interaction with Trump:
Zelensky emphasized that Ukraine successfully communicated its vision for peace to Trump, and he observed no opposition from Trump regarding Ukraine’s stance.
• Implications of Zelensky’s Remarks:
These comments reflect Ukraine’s hope for continued international support to expedite the resolution of the conflict.
US Economic Forecasts
• Q3 Earnings Reports from Major Companies:
This week, companies such as NVIDIA and TARGET will release their third-quarter (Q3) earnings reports.
• Federal Reserve Rate Cuts:
Rick Rieder, Chief Investment Officer at BlackRock, predicts that the Federal Open Market Committee (FOMC) will cut interest rates by 25 basis points in December.
• The current Federal Funds rate range is 4.5% to 4.75%, which Rieder considers restrictive.
• Following the December cut, the Fed is expected to pause temporarily to reassess future adjustments.
Jerome Powell’s Statements and Market Reactions
• Powell on a Strong US Economy:
Federal Reserve Chair Jerome Powell highlighted the robust performance of the US economy, stating there is no urgency to lower interest rates.
• Cautious Approach to Rate Cuts:
Powell stressed that decisions should be made carefully due to uncertainties surrounding the neutral rate level.
• Market Reaction:
These statements reduced market expectations for a rate cut in December.
nasdaq potential directional bias ?thoughts on nasdaq directional bias? waiting for monday opening and closing range to see where price would move
NAS100 is following bullish trendrespecting the trendline and getting a bounce from the golden Fib pocket after making a new HL suggesting that it is still bullish and will follow until any major reverse signs. The idea of trade is to instantly buy or wait for the market to come down and then place buy order stop loss ha been put on the recent drawn support level
NASDAQ LONGNas100 continues its movement to the upside as the bearish pullback wear off, the bullish side takes over as expected since the higher TF all agrees accumulate its value.
"$OM Revolutionizes RWA: Regulatory Compliance Meets InstitutionLetting this sink in:
✅ NASDAQ:OM has built regulatory-compliant RWA infrastructure
🔍Partnered with Libre Capital
💸Bringing institutional Money Market Funds on-chain
🌉BlackRock funds now accessible through #MANTRA
🚀Fully regulated, fully compliant, and already live mainnet
🏦Institutional gateway officially open for business
P.S. NASDAQ:OM is primed for a massive run—I'm bullish on where this is headed!
#Web3 #Tokenization #RWA
INDEX MARKET IS BULLISH According To ICT Concepts Nasdaq & S&P500 Is Bullish
Also Has SMT (Nasdaq Touches IFVG, S&P Touches Daily Bullish FVG. That Means Nasdaq Is Going To Create A Bullish Breaker And S&P Is Going To Create A Bullish Mitigation.)
TOP EU companies VS NASDAQ 100
1. ROG (Roche Holding AG): Swiss healthcare company focusing on pharmaceuticals and diagnostics for cancer, autoimmune, and infectious diseases.
2. ASML (ASML Holding NV): Dutch semiconductor equipment manufacturer specializing in photolithography machines used in chip production.
3. NESN (Nestle SA): Swiss multinational food and beverage conglomerate offering products in nutrition, health, and wellness.
4. NOVN (Novartis AG): Swiss pharmaceutical company developing innovative medicines for various therapeutic areas, including oncology and cardiology.
5. NVO (Novo Nordisk AS): Danish healthcare company focused on diabetes care, obesity, and hormone replacement therapies.
6. OR (L'Oreal SA): French cosmetics giant producing beauty products across skincare, makeup, and haircare.
7. MC (LVMH Moet Hennessy Louis Vuitton): French luxury goods leader spanning fashion, cosmetics, wines, and jewelry.
8. AZN (AstraZeneca PLC): UK-based pharmaceutical company specializing in treatments for oncology, cardiovascular, and respiratory diseases.
9. SAP (SAP SE): German software corporation offering enterprise resource planning (ERP) solutions for businesses globally.
10. SAN (Sanofi): French biopharmaceutical company focusing on vaccines, specialty care, and general medicines.
