UNF1! trade ideas
NQ: 118th trading session - recapNO TRADES TODAY
I'm basically just going over everything that has happened today.
So, as explained: Overall condition was ranging, although we had some bullish movement quite recently. This basically is just telling me that the price action today has a higher chance of ranging. Now, almost everyday price will start to consolidate in some sort of way after the opening (or even hours after it). This can be in form of tilted ranges to the upside/ downside, or overall just one big range (with smaller ranges within), OR, like today: Some small ranges.
Now, my main edge is profiting off of bigger moves and what I call "moving days" (= price doesn't stay in one range). This doesn't happen often, that's why I don't trade all the time.
That's also it is SO important to look at the opening price action and bullish/ bearish momentum, as it can often give us a picture of what COULD happen. And to noone's surprise: An opening like today, or overall a rangy/ no momentum ahh opening often signals a rather ranging day.
That's why I am now creating a really simple strategy based off of these ranging conditions. It's really just raw price action mixed with momentum and chart analysis.
I'm gonna post more often now, it is actually pretty fun. This is also for my astonishing 13 followers 💯
NQ! Day Trade 01/06/25
📈 21857
📉 21382
Like and share for more daily NQ levels 🤓
*These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
MNQ AnalysisBuyers have rallied out of an area of Demand. There is Supply overheat to be mitigated, which we can trade from. Until then, we will watch for pullbacks to enter long from Internal Demand.
Nasdaq Futures: Powerful Setups to Start the Week StrongKick off your trading week with this detailed analysis of Nasdaq futures for Monday, January 6, 2025. With potential trend reversals and key liquidity zones, today’s market offers exciting opportunities.
📈 Long Opportunities: Look for entries between 21,740–21,670 or near 21,560, aiming for targets at 21,800 and 21,900.
📉 Short Setups: Potential zones like 21,750–21,640, targeting moves down to 21,520 and 21,310.
📊 Market Insights: Analysis of intraday trends, critical resistance levels, and strategies to capitalize on today’s volatility.
This video is packed with actionable setups and insights to help you navigate the market with confidence.
🔗 Subscribe now for expert trading strategies, daily market analysis, and exclusive content. Start your week with strong results!
Today and Weekly Outlook for Nasdaq, Crude Oil, and Gold FuturesNasdaq Analysis
Yesterday, Nasdaq closed higher on the daily chart. It formed a double bottom near the 21,000 level and rebounded, entering a consolidation range near the moving averages. The MACD remains above the zero line, and the Signal line is also above the zero line, suggesting the potential for another upward attempt this week. However, due to the significant gap between the MACD and Signal lines, there is a high possibility of a failed buy attempt followed by a downward move. If the MACD shifts downward, a break below the 60-day moving average could occur.
On the weekly chart, no sell signal has emerged yet, but the MACD and Signal lines are closely aligned. This week may determine whether the weekly chart enters a third wave of buying or declines into a death cross. The 240-minute chart currently shows a buy signal, indicating that the market may focus on buying at the start of the week, with a potential shift to selling later in the week as the MACD leans bearish and a third wave of selling emerges on the 240-minute chart. It is advisable to consider support and resistance levels based on daily moving averages and respond to key levels in the longer-term range.
Crude Oil Analysis
Yesterday, crude oil continued its strong upward trend and closed higher. The price has posted five consecutive bullish candles, with the short-term peak near $74 serving as a resistance zone. A pullback to the 5-day moving average should not be ruled out. On the weekly chart, crude oil formed a large bullish candle, breaking through major resistance levels like the 60-week and 120-week moving averages in one move. Buying near the 72.80 level, which corresponds to the 3-week moving average, is favorable during pullbacks, and maintaining support at the midpoint of the weekly bullish candle will be crucial.
The 240-minute chart also reflects strong buying momentum. Above $74, a short-term sell with stop-loss protection is advisable, while aggressive buying during pullbacks below the 5-day moving average on the daily chart is favorable. This is a typical pattern transitioning from bearish alignment to bullish alignment, so caution is advised when considering selling.
Gold Analysis
Gold closed lower yesterday with a bearish candle. Combining Thursday and Friday’s candlesticks, a doji pattern emerges. If gold fails to break above the 60-day moving average on the daily chart and tilts downward, the key support level at 2600 will be critical. On the weekly chart, the sell signal remains intact, with strong resistance around the 10-week and 20-week moving averages. If gold cannot strongly break through this resistance, a pullback should be anticipated. Although the daily chart confirms a buy signal, the movement lacks significant momentum, leaving room for a swift erasure of the buy signal and a shift to selling this week.
On the 240-minute chart, gold is facing resistance at key support/resistance levels. While the pattern can be viewed as a range-bound box, a sell signal on the 240-minute chart could lead to strong selling momentum following a false breakout. Adopting a range-bound strategy with a focus on selling is advantageous.
This Week's Outlook
This week, major events such as CES 2025, the release of FOMC minutes, and the Nonfarm Payroll report are on the agenda. Additionally, next week’s CPI is within view. Be cautious around key events and data release times to manage risks effectively. Wishing you a successful trading week!
NQ: 117th trading session - recapI did not take that trade, I missed it. Would've been a perfect one tbh...
I'll start posting every session from now on, also ones where I didn't take trades, just for the sake of it ig
Intraday Levels for Nasdaq 100 Futures - 01/06/2025This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
IDS 30M SystemMany my followers know I use a Range based chart vs a time based chart. I have provided a 30 minute (time based) version here with instructions, this is reliable but slow or late at times. Use with (range based) IDS 27, 35 & 50 (if you have).
Trading's 4 key W's, the keys to it all:
#1, What, what is next move Long or Short? Direction of execution.
#2, When, when to execute the What? This happens prior to the move.
#3, Where, this is the Target of #'s 1 & 2?
#4, Why, this is the least important and does not matter. This is the job of all the media, long only managers such mutual funds and ETF's.
The IDS 30M will help with 1-3 W's (not #4). Regarding 1-3, the 4 white arrows will help to show the set up. The 2 yellow lines are the Tilson indicator and price will have to be above (and stay above thin white line. The target will be a KL or target (usually a Open Range level). The short set up will be highlighted by the 2 circles. A single Tilson will show pull backs and not shorts. The various vertical shaded colors are key times when price and volume may redirect or move further (in the same direction). Pay attention to the O/N (overnight) as the NAZ will usually travel back up (even after a drop in the Reg Session.
The dotted line will change colors from 1 white (long) and 1-2 yellows (short or pull backs). Red bars under 2 yellows is a Short and blue above the white is a long. Use this with daily Posts in order to set up Entry, Targets and Exists/Reverses. Good Luck and hopefully this will help.
Below is the IDS50 (Range) system.
$NQ MMBM "As planned, targets 1 and 2 were nearly reached, reinforcing the accuracy of the analysis based on MMBM. It is important to note that, at the open, we might see a correction seeking liquidity in a discounted region, which could create an opportunity to reach the next targets."
ROAD TO 53K TRADING MNQMNQ Trade targetting buyside liquidity.
Give me a like and Follow if you enjoy this type of content and would like more. I will be working heavily on getting funded and sharing my trading journey with other aspiring day traders.
Looking forward to this new trading week! WHOS EXCITED, COMMENT DOWN BELOW 👇
NQ Power Range Report with FIB Ext - 1/6/2025 SessionCME_MINI:NQH2025
- PR High: 21544.75
- PR Low: 21501.75
- NZ Spread: 96.0
Key scheduled economic events:
09:45 | S&P Global Services PMI
Holding value at Friday's close
- Sellers at 21000 zone feeling pressure if stops have not already been hit
- Buy excitement over 21600 making higher highs with aforementioned failed break short
- Daily print advertising rotation back inside Keltner average cloud
Session Open Stats (As of 12:45 AM 1/6)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 370.71
- Volume: 24K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -4.2% (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
NQ1! - 6-1-2025 OutlookNQ1! has been bearish over the past days and I assume this trend will continue. We had a big push up with lots of volume during the Friday session of last week, I anticipate that price will drop back in to this area before continuing the HTF or LTF trend.
If the LTF trend will continue I will look for buys back up in the supply zone and when the HTF trend will continue I will look for sells when lots of sell volume will come in within in the marked area.
ROAD TO 53K on Topstep ChallengeDecided to share the trades I take on my topstep challenge this way -- its a work in progress and I do not promise all the trades being shown here as I sometimes have a hard time recording. But I am looking for a way that works with me to share my journey with other aspiring day traders.
If anyone likes this type of content please give a like and subscribe and follow along for the journey, I would love to have genuine aspiring traders along for the journey. I am happy to share what I know and am looking to grow a community for the coming years to come starting 2025!
Thank you for watching! Will post Results of trade below 👇
The Market Matrix - Gold, Crude, Nasdaq & DXY for January 5 2025This weeks edition of The Market Matrix.
Actionable insights for the Gold, Crude Oil, Nasdaq & DXY Markets.
NQ Bullish on NQ and ES. PO3, Candle opened manipulated into previous monthly low, while ES failed (SMT). Targeting ATH's.
