Disliked{quote} It seems it might move. Here is my planned sell entry with the retest. {image}Ignored
- #1,102
- Dec 9, 2024 11:08am Dec 9, 2024 11:08am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
{quote} Price went to TP1 without a retest...Here I`m empty hands!
- #1,103
- Dec 9, 2024 3:55pm Dec 9, 2024 3:55pm
- Joined Jan 2016 | Status: Trader | 3,916 Posts
Upcoming Weekly Analysis! FA Analysis: This week, we have key data before the end of the year and before the last FED. These data are not game changer, in particular PCE and PPI data. They might come higher than expectations which is a bad sign for the next year. So beside the kneejerk reaction, regular and technical flows will take over. TA Weekly Analysis: {image} As you can see, NQ provided a strong bullish weekly candle. From TA perspective, a continuation up is the least resistance until the movement exhaust itself. It's a very expensive ticket...
After all it was not a wishful thinking
. Price behave as expected clearing the last imaginary targets, both TL and ABCD pattern, and profit taking has started.The day closed red, but inside Friday candle. I expect a continuation down until the yellow box (38.2-50 fib) and LBO (last break Out).
It's not late to jump in with a large stop (few points above 21664).
Have a nice evening/night and see you tomorrow!
- #1,104
- Dec 9, 2024 7:08pm Dec 9, 2024 7:08pm
- Joined Jan 2016 | Status: Trader | 3,916 Posts
I put this Sell LMT during Asian session.
- #1,107
- Dec 10, 2024 9:27am Dec 10, 2024 9:27am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
Here is my planned Sell LMT entry that I will keep until tomorrow if this H1 closes below the yellow box.
- #1,108
- Dec 10, 2024 10:18am Dec 10, 2024 10:18am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
I sold according to my intraday strategy.
- #1,111
- Dec 10, 2024 3:21pm Dec 10, 2024 3:21pm
- Joined Jan 2016 | Status: Trader | 3,916 Posts
Watching the day close. We need a close below 21379 to have a bearish close!
- #1,116
- Dec 11, 2024 9:53am Dec 11, 2024 9:53am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
With a new ATH, NQ might behave like this until the end of the day.
If this will happen, I will short it.
If this will happen, I will short it.
- #1,119
- Dec 11, 2024 3:23pm Dec 11, 2024 3:23pm
- Joined Jan 2016 | Status: Trader | 3,916 Posts
End of day Analysis!
NQ closed very bullish with a new ATH. Market was happy with the inline CPI data and confirmation of December FED rate cut.
Tomorrow, we have both ECB and PPI.
1- Inline or undershoot PPI data will provide another push up for equities.
2- Overshoot PPI data will trigger a profit taking until the FED.
GL!
NQ closed very bullish with a new ATH. Market was happy with the inline CPI data and confirmation of December FED rate cut.
Tomorrow, we have both ECB and PPI.
1- Inline or undershoot PPI data will provide another push up for equities.
2- Overshoot PPI data will trigger a profit taking until the FED.
GL!
- #1,120
- Dec 12, 2024 8:55am Dec 12, 2024 8:55am
- Joined Jan 2016 | Status: Trader | 3,916 Posts
Good day!
PPI data came between inline-overshoot. We should see a taking profit. But so far the NY opening range is just consolidating. No trade for me unless price breaks out either direction.
PPI data came between inline-overshoot. We should see a taking profit. But so far the NY opening range is just consolidating. No trade for me unless price breaks out either direction.