BOJ Rate Hike Causes Unrest in the Stock Markets: What next?When the Bank of Japan hiked its interest rate at the end of July, global markets went into turbulence.
We will discuss what currency carry trade is, why the yen carry trade has caused this global volatility, and, importantly, whether the market will resume its uptrend.
Micro E-Mini Nasdaq Futures and Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Japanese Yen Futures
Ticker: 6J
0.0000005 per JPY increment = $6.25
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
UNF1! trade ideas
Today's analysis.That's the analysis for today. For those of you who haven't been following me for a long time, I would like to announce that from the 9th to the 23rd I will be on vacation and will not be posting anymore. Tomorrow will be the last day I will post.
NQ Power Range Report with FIB Ext - 8/7/2024 SessionCME_MINI:NQU2024
- PR High: 18140.50
- PR Low: 18030.25
- NZ Spread: 247.00
Key scheduled economic events
10:30 | Crude Oil Inventories
13:00 | 10-Year Note Auction
Climbing back to weekly high
- Previous session closed as inside print doji
- Weekend gap remains unfilled above 18490
Evening Stats (As of 10:55 PM 8/6)
- Weekend Gap: -0.66% (open > 18515)
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 481.22
- Volume: 44K
- Open Int: 246K
- Trend Grade: Bull
- From BA ATH: -12.8% (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
Stock Markets Uncovered Charles Dow the Co-Founder of DOWJONES Index. Introduced technical analysis to the public in the late 1800's, You really think his gonna show you how to beat his own market ???
I don't... That's why I see masses of people trade and fail. We are Thought How to trade the markets their way , Not giving us the chance to innovate our own strategy to beat the system with a much Higher edge than what they are trying to give us...
Before the stock market crash, Brokers and Merchants were under an agreement under the Button Wood Agreement in 1972. A private Club were the insiders had to follow Common rules and boundaries. This closed the system against outside agents and auctioneers.
But Margin buying during the 1920's was not controlled by the government. It was controlled by brokers interested in their own well-being. The Securities Exchange Act was signed on June 6, 1934, After the Stock Market Crash of 1929. The SEC used their power to change how Wall Street operated. Meaning they control the markets and Manipulate it how ever they want.
See the markets with a new perspective, Study the markets itself, Not the material others try to give you.
#SMU#WakeUp#Freedom>Security
NQ1! Nasdaq MonthlyLooking lower short term,
but think this could easily pop back up and if it did that would be one to watch for a sell..
OHLC Statistical Mapping as always!Another variation... Distribution to Distribution ♻
at these levels you can find reversal like on manipulation levels!
We have no news that may affect the market.That's the analysis for today. I want to let you know that we started the week well and I hope you will be profitable too. For those of you who give me comments and tell me that you missed the entry or that you are upset that you didn't have any trades because you missed the move, just know that it's ok. You have no reason to be upset or disappointed. That's how you learn. I too have certain times when I miss the entry and can't make any trades that day. But that's normal. That's how we learn.
NQ Power Range Report with FIB Ext - 8/6/2024 SessionCME_MINI:NQU2024
- PR High: 18260.00
- PR Low: 18162.00
- NZ Spread: 218.75
No significant scheduled events
Retraced 100% of previous session selloff
- Floating above previous session high into weekend gap
Evening Stats (As of 10:15 PM 8/5)
- Weekend Gap: -0.66% (open > 18515)
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 475.31
- Volume: 43K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -12.3% (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
A little too much oversold - with upside limitedNot really surprised after the pop-up from the bottom. Yet, I noticed the traded volume really wasn't that significant for a 7% swing day.
TO me, I read that as a bear market signal, where you have heavy dumping with HUGE volume, but also a crazy comeback, with very little volume.
Thus, I do think it's really easy to profit from the swings at this moment, and more cautiously, it's about where you should place new shorts.
A typical fib level @ 0.618 is pretty reasonable for me, but I'd love to see it bounce back to .786 to add extra. Nasdaq is always pretty mad when it comes to "buy the dip", so def huge opportunities for both shorts and longs.
$NQU Levels for 08/05/24White is current close
Green is upside trigger
Red is downside trigger
Yellow is trim points
Blue is TP
Market is looking to retrace back towards 16k as Sep time gets closer.
$NQU Levels for the next coming up dayThese levels are what's the current range we got set, the red line triggers downside green line triggers upside the dark red lines are final TP levels the pink is our open
Ichimoku for NQ on 4 hr.this is a variation of the Ichimoku combined with other indicators that has a high win rate and low drawdown. It works on the NQ 4hr and GC and CL on the daily timeframe
ADR + 1/3AMR- = Strong LevelGorgeous algorithmic long based on these incredible tool!
ADR + 1/3AMR- was reversal level and I was targeting 1/3ADR+
UpdatedLooks like it will not take buyside liquidity and is heading straight for the weekly low. After that I think it will reverse and we will be bullish.
We are back.We are back. That's the analysis for today. I did a little bit of research over the weekend, and I think more things will change and we will have much more accurate analysis. We have no news that may affect the market. I am waiting for it to take buyside liquiditiy, break the structure and look for a sell entry up to the red line that represents the weekly low. From there I think it will reverse and we will be bullish this week. I will keep you updated in case anything changes.
NQ1! Historical Fall and Important LevelsThe price fluctuated by more than 5% prior to the New York session, an atypical occurrence that suggests increased risk for the week ahead.
Volatility exceeding 130 should be regarded as a cautionary signal.
It may be prudent to reduce trading risks this week
This significant drop could be due to concerns that if the USA election results in a Trump victory, the USA might stop protecting Taiwan, which could cause major issues in semiconductor production.
Important liquidity levels given in the chart.
Ask any questions you might have in the comments and please boost if the idea helped you!
$NQU Bidenomics kicking in$NQU is headed back to 2023 levels as we get closer to election day. Trump either wins or we get Hoovervilles.
ES, NQ, RTY, BTC bull trap? Interesting comparison between the 4 mentioned above. All broke the upper trendline and lost it, and are now dropping into oblivion. I hope for everyone's sake this is short lived, but I am bearish in the mid term. Still expecting a mega short squeeze to throw everyone off and get FOMO buyers back in. There will be plenty especially after they capitulate and eagerly want to make their gains back. Unfortunately it is not that easy. Good luck and be careful trading out there.
NQ Power Range Report with FIB Ext - 8/5/2024 SessionCME_MINI:NQU2024
- PR High: 18390.00
- PR Low: 18269.25
- NZ Spread: 270.0
Key scheduled economic events
09:45 | S&P Global Services PMI
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
Sustaining high volatility with wide weekend gap
- Weekend gap down remains unfilled
- Value deline ~300 points below Friday's low
Evening Stats (As of 10:55 PM 8/4)
- Weekend Gap: -0.66% (open > 18515)
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 438.33
- Volume: 66K
- Open Int: 244K
- Trend Grade: Bull
- From BA ATH: -13.6% (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
Weekly Analysis: NASDAQ at a CrossroadsNASDAQ
The NASDAQ closed at 18,556. We will be bullish above this area or bearish below this area. At this discounted price, where will it go? Not many fundamentals this week.
To provide a thorough analysis of the NASDAQ for this week, we need to consider several technical and market sentiment factors, given the lack of major fundamental news.
NQ weekly profile - week 1, AugustWeekly Profile : Seek & Destroy Bearish Friday
HOTW - Thurs
LOTW - Fri
News of the week: FOMC, NFP, earnings
