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Attachments: Nasdaq-Simple Intraday Strategy
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Nasdaq-Simple Intraday Strategy

If you have a question on why my entry was not at the 5min opening range but it was a little below, the answer is the order bloc. I highlighted it by a cercle. The green candle inside the circle created an order bloc when price comes back to it, many sellers were sitting there to jump in.
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Closed manually my last position and I'm done for the day and week.

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  • Post #1,223
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  • Edited Jan 12, 2025 9:25am Jan 11, 2025 3:43pm | Edited Jan 12, 2025 9:25am
Quoting Fadhl
If you have a question on why my entry was not at the 5min opening range but it was a little below, the answer is the order bloc. I highlighted it by a cercle. The green candle inside the circle created an order bloc when price comes back to it, many sellers were sitting there to jump in. {image}
Yes, I have a question. You title this thread: "Nasdaq-Simple Intraday Strategy".

But now we are talking Order Blocks ???

I suppose it is all relative, in terms of what you might mean by: "Simple Intraday Strategy" and , of course, dependant upon your intentions.

I have been enjoying your posts. But just curious now.
Hello Fadhl love the thread! love the consistent post! Here’s an idea lmk what anyone thinks!
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Sold for 100 points
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Good Week/Day!
I apologize that I was unable to provide the Weekly Analysis!
This said, NQ did not close below 20735 at weekly TF; hence sellers have to take that level early in the week to avoid price going back to the top of the swing 22133!
So during Asian and Europe sessions sellers have the upper hand and price starts closing below 20735. Step by step, we need a daily close below that level to have a strong confirmation.
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What should we expect from NY session?
We should see a quick bounce up around the yellow box (20735), then a continuation down which is the trade to take.
Quoting Xaletradesx
Sold for 100 points {image}
Nice.well done
Quoting TortoiseFX
{quote} Yes, I have a question. You title this thread: "Nasdaq-Simple Intraday Strategy". But now we are talking Order Blocks ??? I suppose it is all relative, in terms of what you might mean by: "Simple Intraday Strategy" and , of course, dependant upon your intentions. I have been enjoying your posts. But just curious now.
You're right..The strategy is the same as explained in the first post and I think it's very simple.
I did not mean to introduce a new concept, i.e., order block; I just wanted to provide an explanation, but you can stick with the strategy with no additional concepts or other tools.
Let me know if you're using the strategy and how things are going with it so far.
Weekly Analysis!
FA Analysis:
This week we have inflation data with PPI (tomorrow) and CPI (the day after). Inflation is back in the driver seat and it will be very bold with Trump imposing his tariffs.
Hence, market is paying a strong attention to this week data.
1- Green, overshoot data, it will send equities to floor; NQ18300 will be insight.
2- Red, undershoot data, it will end the down movement; No new ATH is expected until earnings season;
3- Inline; equities will consolidate.

Market won't wait for CPI data if PPI data is overshoot or undershoot.
Here is my planned sell entry.
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Quoting Fadhl
Here is my planned sell entry. {image}
I'm in.
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Quoting Fadhl
{quote} I'm in. {image}
TP1 hit.
Moved STP to BE.
Quoting Fadhl
{quote} TP1 hit. Moved STP to BE.
STP is saved by 1 point so far!
I hope it reaches at least my TP2, but if not I'm satisfied with 80 points.
Quoting Fadhl
{quote} STP is saved by 1 point so far! I hope it reaches at least my TP2, but if not I'm satisfied with 80 points.
And stopped out!
Watching the daily close... bears need to close it below 20701; otherwise all will depend on Inflation data.
See you tomorrow!
End of day Analysis!
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The daily close is almost bullish! Bears need a hand from PPI tomorrow; otherwise 21867 and 22133 will be open for a retest.
Good day!
As I expect a strong PPI data, I sold a small position with STP at 21000, TP open.
Quoting Fadhl
Good day! As I expect a strong PPI data, I sold a small position with STP at 21000, TP open.
Oops! Data came red. Closed with loss.
Here is my planned Buy entry if the retest will be bullish.
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Edit:
The retest is so far very bearish. I'm not in yet.
From Previous analysis I was going to get ready to buy Nas around 20,500 price level. I haven’t marked in the four hour chart couple days ago. I am no longer looking for buys in that zone. I am in A short from this morning after CPI news I’m holding and looking to break 20,500 but depending on how the next hours go I will close the most recent low Or bottom of the last impulse upward.
Quoting Xaletradesx
From Previous analysis I was going to get ready to buy Nas around 20,500 price level. I haven’t marked in the four hour chart couple days ago. I am no longer looking for buys in that zone. I am in A short from this morning after CPI news I’m holding and looking to break 20,500 but depending on how the next hours go I will close the most recent low Or bottom of the last impulse upward.
CPI is for tomorrow. Today, we got PPI.
If CPI data will be red, NQ retrace down is done and price will move up towards 22133.
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