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  • #321
  • Sep 12, 2024 10:45am Sep 12, 2024 10:45am
Quoting Fadhl
The last hour closed into the bearish area. If the body of current H1 Candle does not close above 19344, I'll close all and I might switch to the Sell side. {image}
It does not behave as bullish as I want; I closed all.
In case, this happen, here is my Sell entry.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-09-12_11-45-24.png Size: 34 KB
  • #322
  • Sep 12, 2024 11:07am Sep 12, 2024 11:07am
Quoting Fadhl
{quote} It does not behave as bullish as I want; I closed all. In case, this happen, here is my Sell entry. {image}
I'm in the sell side.
  • #323
  • Sep 12, 2024 12:29pm Sep 12, 2024 12:29pm
Quoting Fadhl
{quote} I'm in the sell side.
I hate that, I was stopped! After two bearish H1 Candles, market moved up!
Will pay attention to the reaction around 19459.
  • #324
  • Sep 12, 2024 1:40pm Sep 12, 2024 1:40pm
Quoting Fadhl
{quote} I hate that, I was stopped! After two bearish H1 Candles, market moved up! Will pay attention to the reaction around 19459.
19459 reached as expected!
Let see how the close will be.
  • #325
  • Sep 12, 2024 3:14pm Sep 12, 2024 3:14pm
Quoting Fadhl
{quote} 19459 reached as expected! Let see how the close will be.
We have nice reaction at 19459.
It's late in the day, but it's valid short with tight STP for those who trade Asian session. I'm not taking it as I don't trade Asian session.
Attached Image (click to enlarge)
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  • #326
  • Sep 12, 2024 3:22pm Sep 12, 2024 3:22pm
End of day analysis:
NQ, as expected, went up to 19459 and provided a bullish daily close.
Tomorrow is Friday. I expect a consolidation day to close the week and confirm the LH swing. Next week and prior to FED meeting, we should see a Sell off (by the way, this sell off could happen tomorrow).
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-09-12_16-15-36.png Size: 41 KB
  • #327
  • Sep 12, 2024 5:20pm Sep 12, 2024 5:20pm
Quoting Fadhl
End of day analysis: NQ, as expected, went up to 19459 and provided a bullish daily close. Tomorrow is Friday. I expect a consolidation day to close the week and confirm the LH swing. Next week and prior to FED meeting, we should see a Sell off (by the way, this sell off could happen tomorrow). {image}
careful with your shorts nvidia still needs it's 5% upward before any selloff
  • #328
  • Sep 13, 2024 7:28am Sep 13, 2024 7:28am
Quoting Fadhl
End of day analysis: NQ, as expected, went up to 19459 and provided a bullish daily close. Tomorrow is Friday. I expect a consolidation day to close the week and confirm the LH swing. Next week and prior to FED meeting, we should see a Sell off (by the way, this sell off could happen tomorrow). {image}
Good day!
As expected, both Asian and London sessions were consolidating around yesterday high. NY might continue this consolidation and test yesterday low.
I sold it as the opening range might go be fast to my target.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-09-13_08-23-08.png Size: 31 KB

Here is my entry at Futures
Attached Image (click to enlarge)
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  • #329
  • Sep 13, 2024 7:53am Sep 13, 2024 7:53am
The market will go where it hurts the most..I'm betting on a continued upside until close to ath 20700ish
  • #330
  • Sep 13, 2024 8:14am Sep 13, 2024 8:14am
Quoting pd9000
The market will go where it hurts the most..I'm betting on a continued upside until close to ath 20700ish
ATH/20700 is way to high for ST. A massive drop is needed to make pressure on FED for free money. NQ must stay within LH and under 19635 to avoid creating a new HH.
  • #331
  • Sep 13, 2024 8:17am Sep 13, 2024 8:17am
If anyone would like to share his/her NY 5 min opening range chart for any US Equities or stocks, please do and I'll be happy to comment.
  • #332
  • Sep 13, 2024 8:20am Sep 13, 2024 8:20am
We have Consumer sentiment later.
1- Red/undershoot: Sell off of Equities
2- Green/overshoot: A continuation up 19635
3- Inline: consolidation
  • #333
  • Sep 13, 2024 8:24am Sep 13, 2024 8:24am
Quoting Fadhl
End of day analysis: NQ, as expected, went up to 19459 and provided a bullish daily close. Tomorrow is Friday. I expect a consolidation day to close the week and confirm the LH swing. Next week and prior to FED meeting, we should see a Sell off (by the way, this sell off could happen tomorrow). {image}
Realy like the analysis end of day yest, thanks for sharing. Can you please share some additional context on the sell off .... why / drivers / etc
  • #334
  • Sep 13, 2024 8:37am Sep 13, 2024 8:37am
NQ 5min Opening range is bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-09-13_09-36-32.png Size: 27 KB


Apply the same criteria to go long or short. GL!
  • #335
  • Edited 9:05am Sep 13, 2024 8:52am | Edited 9:05am
Quoting BikB
{quote} Realy like the analysis end of day yest, thanks for sharing. Can you please share some additional context on the sell off .... why / drivers / etc
Market first and only objective is to make money. In case of Indices, stocks are the main drivers. To make money in stocks, it's not via dividends but via stock price. Moving up stocks is the way to meet market objective: make money.
From FA, economy is slowing down, recession is already in or nocking at the door. This recession fear should rationally send stocks down as revenues and profits will go down. Stocks down and indices down will be fire alarm for FED and Governments. Hence to calm investors, FED will print free money to be given to investors and corporations. What do you do with free money: you buy stock at lower price because after a recession what do you expect? economy will strengthen....etc.
So why the sell off?
Fact of recession or economy slowing down and make pressure on FED to both cut rates (.50 instead of .25) and print free money.

Hope it helps.
  • #336
  • Sep 13, 2024 8:55am Sep 13, 2024 8:55am
Quoting Fadhl
NQ 5min Opening range is bullish. {image} Apply the same criteria to go long or short. GL!
Based on the opening range, we should go long. But I'm not joining the long side. It could be a trap because NVDA is going down.
Attached Image (click to enlarge)
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  • #337
  • Sep 13, 2024 9:04am Sep 13, 2024 9:04am
Quoting Fadhl
We have Consumer sentiment later. 1- Red/undershoot: Sell off of Equities 2- Green/overshoot: A continuation up 19635 3- Inline: consolidation
News came with scenario 2.
  • #338
  • Sep 13, 2024 9:07am Sep 13, 2024 9:07am
Tsmc close to a tp1 for bulls, while nvidia about 6% from first tp, intel got good news today, alot of floaters in the mix but sentiment is mixed, upwards seems very likely today even though there will be some profit taking on tsmc won't be enough to stop nasdaq but surely will slow it down
  • #339
  • Sep 13, 2024 9:29am Sep 13, 2024 9:29am
Quoting Fadhl
{quote} Based on the opening range, we should go long. But I'm not joining the long side. It could be a trap because NVDA is going down. {image}
If you took the buy side, your final TP was reached and you're done for the day
Attached Image (click to enlarge)
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I was stopped on my trade opened before NY session.
  • #340
  • Sep 13, 2024 11:10am Sep 13, 2024 11:10am
I put a Sell LMT at 19563; STP= 19640; TP= Every 50 points until 19160.
Attached Image (click to enlarge)
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