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  • #1,101
  • Dec 9, 2024 9:40am Dec 9, 2024 9:40am
Quoting Fadhl
{quote} It seems it might move. Here is my planned sell entry with the retest. {image}
Price went to TP1 without a retest...Here I`m empty hands!
  • #1,102
  • Dec 9, 2024 11:08am Dec 9, 2024 11:08am
Quoting Fadhl
{quote} Price went to TP1 without a retest...Here I`m empty hands!
Both targets were achieved, but without me/us
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-09_12-07-02.png Size: 34 KB
  • #1,103
  • Dec 9, 2024 3:55pm Dec 9, 2024 3:55pm
Quoting Fadhl
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...
End of day Analysis!
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-09_16-25-06.png Size: 44 KB

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
I put this Sell LMT during Asian session.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-09_20-06-45.png Size: 34 KB
  • #1,105
  • Dec 10, 2024 7:26am Dec 10, 2024 7:26am
Quoting Fadhl
I put this Sell LMT during Asian session. {image}
Good day!
This trade was triggered.
  • #1,106
  • Dec 10, 2024 8:47am Dec 10, 2024 8:47am
Quoting Fadhl
{quote} Good day! This trade was triggered.
And I was stopped!
  • #1,107
  • Dec 10, 2024 9:27am Dec 10, 2024 9:27am
Here is my planned Sell LMT entry that I will keep until tomorrow if this H1 closes below the yellow box.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-10_10-27-31.png Size: 35 KB
  • #1,108
  • Dec 10, 2024 10:18am Dec 10, 2024 10:18am
I sold according to my intraday strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-10_11-17-51.png Size: 35 KB
  • #1,109
  • Dec 10, 2024 11:17am Dec 10, 2024 11:17am
Quoting Fadhl
I sold according to my intraday strategy. {image}
I took off 50 points.
  • #1,110
  • Dec 10, 2024 2:17pm Dec 10, 2024 2:17pm
Quoting Fadhl
{quote} I took off 50 points.
Got off another 80 points and I will close this position by end of day.
  • #1,111
  • Dec 10, 2024 3:21pm Dec 10, 2024 3:21pm
Watching the day close. We need a close below 21379 to have a bearish close!
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-10_16-19-56.png Size: 32 KB
  • #1,112
  • Dec 11, 2024 8:10am Dec 11, 2024 8:10am
Good day!
Yesterday NQ closed above 21379 and US data came inline. Price seems buying the news and we should see 21625 retested.
  • #1,113
  • Dec 11, 2024 8:38am Dec 11, 2024 8:38am
Quoting Fadhl
Good day! Yesterday NQ closed above 21379 and US data came inline. Price seems buying the news and we should see 21625 retested.
Very bullish opening range and price is not far from 21625. So I will wait for later to see market reaction.
  • #1,114
  • Dec 11, 2024 8:50am Dec 11, 2024 8:50am
Quoting Fadhl
{quote} Very bullish opening range and price is not far from 21625. So I will wait for later to see market reaction.
Price reached 21625 and above!
  • #1,115
  • Dec 11, 2024 9:08am Dec 11, 2024 9:08am
Quoting Fadhl
{quote} Price reached 21625 and above!
And NQ made a new ATH!
Sincerely I did not expect that at all.
  • #1,116
  • Dec 11, 2024 9:53am Dec 11, 2024 9:53am
With a new ATH, NQ might behave like this until the end of the day.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-11_10-48-35.png Size: 35 KB

If this will happen, I will short it.
  • #1,117
  • Dec 11, 2024 10:41am Dec 11, 2024 10:41am
Quoting Fadhl
With a new ATH, NQ might behave like this until the end of the day. {image} If this will happen, I will short it.
A took a shot at 21730.
  • #1,118
  • Dec 11, 2024 11:12am Dec 11, 2024 11:12am
Quoting Fadhl
{quote} A took a shot at 21730.
Stopped!
  • #1,119
  • Dec 11, 2024 3:23pm Dec 11, 2024 3:23pm
End of day Analysis!
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-11_16-17-44.png Size: 37 KB

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
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.
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100_2024-12-12_09-52-49.png Size: 29 KB
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