Attachments: Nasdaq-Simple Intraday Strategy

Nasdaq-Simple Intraday Strategy

#1,021
Nov 25, 2024 12:03pm Nov 25, 2024 12:03pm

07Jack
| Joined Jun 2024 | Status: Trader | 93 Posts

Quoting Fadhl

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{quote} Done! {image}

Ignored

Congrats Bro

#1,022
Nov 25, 2024 3:58pm Nov 25, 2024 3:58pm

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

End of day analysis!
Price did not close above the Friday red candle at daily TF and created a bearish flag. I'm inclined to see a nice drop this week.

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#1,023
Nov 25, 2024 4:09pm Nov 25, 2024 4:09pm

anonrika
| Joined Sep 2023 | Status: Trader | 95 Posts

Quoting Fadhl

Disliked

End of day analysis! Price did not close above the Friday red candle at daily TF and created a bearish flag. I'm inclined to see a nice drop this week. {image}

Ignored

You don’t think the trendline will hold?
also do you trade before nyse open? Or only after?

#1,024
Nov 25, 2024 6:03pm Nov 25, 2024 6:03pm

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

Quoting anonrika

Disliked

{quote} You don’t think the trendline will hold? also do you trade before nyse open? Or only after?

Ignored

I don't know if the TL will hold or not, but the fact price did not close above Friday candle, it was rejected, it means price needs to go back to grab liquidity.
Yes I trade mainly NY.

#1,025
Nov 26, 2024 7:21am Nov 26, 2024 7:21am

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

Good day!
Trump has started the tweet circus and as you can see beside the knee-jerk reaction, stocks and equities are up. So you can forecast what is coming up from late January and on...
Today we have the Consumer confidence: good news is good news for NQ and all equities and vice-versa.
Today there is a good chance that price break and close above the Friday Red Candle.

#1,026
Nov 26, 2024 8:37am Nov 26, 2024 8:37am

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

Quoting Fadhl

Disliked

Good day! Trump has started the tweet circus and as you can see beside the knee-jerk reaction, stocks and equities are up. So you can forecast what is coming up from late January and on... Today we have the Consumer confidence: good news is good news for NQ and all equities and vice-versa. Today there is a good chance that price break and close above the Friday Red Candle.

Ignored

The 5min Opening range was bullish... So far it's inline with expectation.
I'll wait for the Consumer Confidence data to jump in in addition to the breakout and retest strategy.

#1,027
Nov 26, 2024 8:50am Nov 26, 2024 8:50am

07Jack
| Joined Jun 2024 | Status: Trader | 93 Posts

Lets see how it play. I will be lookong for reversal of trend at the upper band of rising chanell.

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#1,028
Edited 9:11am Nov 26, 2024 8:57am | Edited 9:11am

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

Quoting Fadhl

Disliked

{quote} The 5min Opening range was bullish... So far it's inline with expectation. I'll wait for the Consumer Confidence data to jump in in addition to the breakout and retest strategy.

Ignored

Pay attention to this:
1- Consumer Confidence forecast is very high to my taste; so not sure it will be green or inline!
2- NVDA is a sell based on the 5min strategy.
Data came inline.
No trade so far, price is still inside the 5min range.

#1,029
Nov 26, 2024 11:07am Nov 26, 2024 11:07am

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

Very boring so far... hope the FED Minutes will give some actions...

#1,030
Edited Nov 27, 2024 9:55am Nov 26, 2024 12:30pm | Edited Nov 27, 2024 9:55am

07Jack
| Joined Jun 2024 | Status: Trader | 93 Posts

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TRADE ACTIVE
EDIT: Closed half with 250 points profit.

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#1,031
Nov 26, 2024 1:28pm Nov 26, 2024 1:28pm

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

It seems markets are selling the FED Minutes!
If I get a retest of the 5min breakout, I'll join the selling side.

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#1,032
Nov 26, 2024 3:33pm Nov 26, 2024 3:33pm

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

Quoting Fadhl

Disliked

It seems markets are selling the FED Minutes! If I get a retest of the 5min breakout, I'll join the selling side. {image}

Ignored

The retest was bullish, so I did not take the trade.

#1,033
Nov 26, 2024 4:03pm Nov 26, 2024 4:03pm

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

End of day analysis!
Finally, NQ daily candle closed above Friday red Candle. This tells us that price should continue up.
Tomorrow's data should be inline. Liquidity will fade quickly as US enters into holiday.

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#1,034
Nov 27, 2024 8:41am Nov 27, 2024 8:41am

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

Good day!
The 5min opening range was strong bearish.
PCE data in a few will give the greenlight to go either direction.

#1,035
Nov 27, 2024 9:09am Nov 27, 2024 9:09am

Fadhl
Joined Jan 2016 | Status: Trader | 3,916 Posts

PCE data came inline.
NQ made a breakout down of the 5min opening range. We should go short with the retest, but pay attention to the rejection from a monthly resistance (cercle).

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