Nasdaq-Simple Intraday Strategy | Page 31 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

NDX

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

NASDAQ 5m Fair Value Gap Strategy 12 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

My Simple System for Intraday and Intraweek Trades 4 replies

Simple Trading system for Intraday/short term 167 replies

Attachments: Nasdaq-Simple Intraday Strategy
Exit Attachments

Nasdaq-Simple Intraday Strategy

  • #601
  • Oct 9, 2024 10:18am Oct 9, 2024 10:18am
Quoting jawad99
{quote} Took Buy from 20037 and as i said i will hold it for 3 or more then 3 days, let see what will happen. From my analysis perspective it will make new ATH.
Still holding
  • #602
  • Oct 9, 2024 10:18am Oct 9, 2024 10:18am
Quoting Fadhl
I took this short position {image} Edit: Stopped!
Why taking short in bullish mvmnt
  • #603
  • Oct 9, 2024 10:24am Oct 9, 2024 10:24am
NQ is bullish today, a continuation from yesterday. Price has already closed above 20120 from H3 and below. Looking for H4 and Daily close.
On the other hand both Gold and Oil seem finding a floor and turning up again. Hence, I won't jump in the buy side until further news.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-10-09_11-22-31.png Size: 31 KB
  • #604
  • Oct 9, 2024 10:38am Oct 9, 2024 10:38am
Quoting jawad99
{quote} Why taking short in bullish mvmnt
As a general rule, Price moves in waves: breakout-retrace-consolidate-breakout/reverse-etc.
I got a bearish flag, price is at ATH and I trade intraday. Hence I took the trade. Losses are part of this business and I don't mind as long as I'm in profit after all.
  • #605
  • Oct 9, 2024 11:24am Oct 9, 2024 11:24am
My second planned sell entry.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-10-09_12-23-11.png Size: 36 KB


FOMC Minutes in a few!
  • #606
  • Oct 9, 2024 11:42am Oct 9, 2024 11:42am
Quoting Fadhl
My second planned sell entry. {image} FOMC Minutes in a few!
I'm in
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-10-09_12-41-59.png Size: 35 KB
  • #607
  • Oct 9, 2024 11:49am Oct 9, 2024 11:49am
all this push to the sky before the minutes release smells really bad...they re ready to slaughter or they know something we dont
  • #608
  • Oct 9, 2024 11:52am Oct 9, 2024 11:52am
Quoting jawad99
{quote} Why taking short in bullish mvmnt
discount prices are only against everyone and against odds usually friend
  • #609
  • Oct 9, 2024 11:54am Oct 9, 2024 11:54am
Quoting stormtrader
all this push to the sky before the minutes release smells really bad...they re ready to slaughter or they know something we dont
Yeah it smells fishy... not only the minutes but also the earnings season from next week... So if you're a buyer, you're not really going to jump at ATH price. Larger hands will clean all latest buyers...it's not if but when; is it to day? we'll see.
  • #610
  • Oct 9, 2024 1:08pm Oct 9, 2024 1:08pm
Quoting Fadhl
{quote} I'm in {image}
yes, i agree loss is part of game.
But still i dont understand why u taking short positions, there is no high probabilty shorts positions and u taking it, if you are in profit then no more trades just chill with your profit.
  • #611
  • Oct 9, 2024 1:11pm Oct 9, 2024 1:11pm
Quoting Fadhl
{quote} As a general rule, Price moves in waves: breakout-retrace-consolidate-breakout/reverse-etc. I got a bearish flag, price is at ATH and I trade intraday. Hence I took the trade. Losses are part of this business and I don't mind as long as I'm in profit after all.
if you loss 2 or more trades consective, its mean you are trading in hyper situation and you draw downing your account itself..
  • #612
  • Oct 9, 2024 1:14pm Oct 9, 2024 1:14pm
Quoting Fadhl
My second planned sell entry. {image} FOMC Minutes in a few!
i will close my trade if it liquidate more traders on h1 OB & FVG..
  • #613
  • Oct 9, 2024 1:51pm Oct 9, 2024 1:51pm
Quoting Fadhl
{quote} I'm in {image}
Stopped out?
  • #614
  • Oct 9, 2024 2:29pm Oct 9, 2024 2:29pm
Quoting Mortlance
{quote} Stopped out?
Nope
Edit: Now I'm!
  • #615
  • Oct 9, 2024 2:54pm Oct 9, 2024 2:54pm
End of day analysis:
NQ day close is bullish and price broke Tuesday candle. ATH seems the way forward. A test of Tuesday high 20120 and a continuation up to 20315-20459 and ultimately 20759 is the least resistance.
Tomorrow, we have CPI! even if inflation is not anymore in the driver seat, it will fuel the upper direction.
Have a good one!
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-10-09_15-47-55.png Size: 38 KB
  • #616
  • Oct 9, 2024 11:50pm Oct 9, 2024 11:50pm
Quoting dummytt
{quote} Supertrend still says downtrend. {image}
Supertrend says buy.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100USD_2024-10-10_07-49-23.png Size: 44 KB
My posts are for educational purpose only.
  • #617
  • Oct 9, 2024 11:52pm Oct 9, 2024 11:52pm
Quoting jawad99
{quote} As far i see monthly, weekly TF it will make new all time high.... So from my perspective buy from low. Whenevet H4, daily candle doing correction i m gonna buy it and hold it for more then 3 days..
It seems a new rally starts. May be till the election in US.
My posts are for educational purpose only.
  • #618
  • Oct 10, 2024 7:05am Oct 10, 2024 7:05am
Quoting jawad99
{quote} i will close my trade if it liquidate more traders on h1 OB & FVG..
I was out coz cpi is coming..
Took buy from 20037 and book profit on 20304.
More trades 30 mnts aur 1 hr after cpi.
Good luck guys.
  • #619
  • Oct 10, 2024 7:42am Oct 10, 2024 7:42am
Good day!
How do we read US data?
Bad data is bad for equities and vice-versa.
1- CPI is higher than expected. But we know that Inflation is not any more in the driver seat. So its impact will be very limited. It may delay the rate cuts for next year and next cut be .25 instead of .50. This data is good for equities.
2- Unemployment Claims: Red data which is not good for the FED as they're a late in cutting rates to avoid recession. This should be bad for equities.
So we have two data with opposite impacts on equities. I think bad data will take over, but market might have a different opinion.
  • #620
  • Oct 10, 2024 8:18am Oct 10, 2024 8:18am
Quoting Fadhl
Good day! How do we read US data? Bad data is bad for equities and vice-versa. 1- CPI is higher than expected. But we know that Inflation is not any more in the driver seat. So its impact will be very limited. It may delay the rate cuts for next year and next cut be .25 instead of .50. This data is good for equities. 2- Unemployment Claims: Red data which is not good for the FED as they're a late in cutting rates to avoid recession. This should be bad for equities. So we have two data with opposite impacts on equities. I think bad data will take...
Based on the current reaction of the market following US data, Jobs red data has the upper hand. I see NQ doing a zigzag with NY session.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-10-10_09-16-29.png Size: 33 KB
5 traders viewing now