NQ Day Trading

..ok, i'm now short from supply..1st attempt w/stops at b/e..probably a bit too early, we'll see.

Edit: stopped b/e.

..short again from the 123 (5min)..
Edit: stopped b/e.

from the Initial Balance to the 1.5x IB range today was 14710 on NQ, there is a 66% chance of that 1.5x level being hit.
Today it was hit. The measured move ie. 2x the IB, has a 33% chance of being hit. But I tend not to think about anything along that line unless there is a very impulsive move through the 1.5x level.

May I ask what is "supply?" How do you identify it?

..this link might help, lots of vids on S&D: https://www.youtube.com/results?sear...d+demand+zones

NAS Cash - 30min prep chart - good momentum downside overnight..

I took a long from yesterdays POC

...and another great vid sharing your reasoning.

Hey there Noeye! Looks like you are doing well. Congrats! Are you plotting your s and r based on the 30 minute chart or a higher time frame?

Hey Cap - 30min typically and will use obvious 4hrs too. Hope your trading is going well.

..did your move to b/e keep you in for this swing up?

I took a long premarket too, much higher up than yours though!

I had to get back in -

NAS Cash, 1hr overview - watching this 22nd Sept level..

...waiting to see if there's a 5min close below this TL before considering a short..

Edit: 14:15 UK..strong divergence putting me off shorts from here for the time being - resumption of 5min trend a more likely bet.

NAS Cash - short last night (UK) from the hourly price action after the supply/resistance level I was watching yesterday gave way (for the time being at least) - stop now at b/e and will tighten if needed around the next potential support zone (14840-14820).

Edit: 10:52UK - locked in c25 points.
Edit: 10:58UK - out for +25.

looks like a good trade

its NFP so i rarely do very well on a day like today, going to be super cautious!
was going to wait and see which, if any, of the highest volume areas held as support.

NAS Cash - long from the RN, will be looking to move to b/e quickly..

Edit: 14:46UK - yup, b/e.

..watching US30 atm, hrly chart below for perspective, plus the 5min to see if this is a reversal setting up..

..the earlier TL break then led to the predictable stop hunt back at this morning's (UK) swing high and then sold off to another break of the TL, so waiting again on the retrace and will consider a short on a break lower..

..the short took all day to materialise, i'm now 100+ points up with stops at b/e and will hold overnight. The target is the -1.382 extension (from the hrly chart fib posted this morning).

Edit: 07:58 (UK) locking in 37 points.
Edit: 09:20 ..and out. Watching again for another short unless price gets above the red hrly fib 61.8 retracement. Using the grey fib retracement to watch the reaction against the pa from 17:00 UK yesterday.