Disliked{quote} I banked some 100 points, moved STP to BE and left the remaining to last target.Ignored
Have a great weekend Everyone!
Nasdaq-Simple Intraday Strategy
- #1,262
- Jan 19, 2025 12:20pm Jan 19, 2025 12:20pm
- Joined Jan 2016 | Status: Trader | 3,952 Posts
Upcoming weekly analysis!
FA Analysis:
1- The week will start with the Trump official inauguration! A knee-jerk rally up is expected across the board.
2- Late in the week, we'll have relevant data that won't change anything from macro perspective, unless undershoot data.
3- Ceasefire has entered into effect which has neutral impact on equities, but it's very good to complete erase the war risk.
TA Analysis:
Weekly:
As you can see, we got a green weekly candle but it's irrelevant as it's inside the previous red weekly candle. We need a break and close above the red candle to make MT decision.
Daily:
We got a bullish close with a confirmed breakout. Price should continue up. 21867 and 22133 are the targets to achieve in the ST.
H4:
For this week, I think price will move as shown in the chart with a quick zigzag:
1- Zig: test the latest resistance;
2- Zag: The main move up.
Note: Monday is a short day in US; so not sure how things will evolve.
Happy upcoming week and GL!
FA Analysis:
1- The week will start with the Trump official inauguration! A knee-jerk rally up is expected across the board.
2- Late in the week, we'll have relevant data that won't change anything from macro perspective, unless undershoot data.
3- Ceasefire has entered into effect which has neutral impact on equities, but it's very good to complete erase the war risk.
TA Analysis:
Weekly:
As you can see, we got a green weekly candle but it's irrelevant as it's inside the previous red weekly candle. We need a break and close above the red candle to make MT decision.
Daily:
We got a bullish close with a confirmed breakout. Price should continue up. 21867 and 22133 are the targets to achieve in the ST.
H4:
For this week, I think price will move as shown in the chart with a quick zigzag:
1- Zig: test the latest resistance;
2- Zag: The main move up.
Note: Monday is a short day in US; so not sure how things will evolve.
Happy upcoming week and GL!
- #1,264
- Jan 20, 2025 8:32am Jan 20, 2025 8:32am
- Joined Jan 2016 | Status: Trader | 3,952 Posts
Upcoming weekly analysis! FA Analysis: 1- The week will start with the Trump official inauguration! A knee-jerk rally up is expected across the board. 2- Late in the week, we'll have relevant data that won't change anything from macro perspective, unless undershoot data. 3- Ceasefire has entered into effect which has neutral impact on equities, but it's very good to complete erase the war risk. TA Analysis: Weekly: {image} As you can see, we got a green weekly candle but it's irrelevant as it's inside the previous red weekly candle. We need a break...
- #1,266
- Jan 22, 2025 7:29am Jan 22, 2025 7:29am
- Joined Jan 2016 | Status: Trader | 3,952 Posts
{quote} Good day: Price visited 21309 and moved up. I think price will reach 21867 today.
NQ is behaving as expected in terms of direction. Timing wise, it's taking more time.
Hope NY opening will give a chance to jump in.
- #1,267
- Jan 22, 2025 7:47am Jan 22, 2025 7:47am
- Joined Jan 2016 | Status: Trader | 3,952 Posts
Here are two scenarios for NY session:
1- Direct move to 21867 and back to VA; or
2- Back to VA, then up to 21867 and 22133.
1- Direct move to 21867 and back to VA; or
2- Back to VA, then up to 21867 and 22133.
- #1,270
- Jan 22, 2025 9:06am Jan 22, 2025 9:06am
- Joined Jan 2016 | Status: Trader | 3,952 Posts
I'm going in with the retest.
I'm in
I'm in
- #1,272
- Jan 24, 2025 8:13am Jan 24, 2025 8:13am
- Joined Jan 2016 | Status: Trader | 3,952 Posts
Good day!
Last day of the week... So far NQ behaved as expected. Price should test ATH at 22133 and we might see a strong rejection. Not much left to ATH, it's not worth the risk to go long. I'll wait to see the reaction at ATH and I might not take any trade today.
Last day of the week... So far NQ behaved as expected. Price should test ATH at 22133 and we might see a strong rejection. Not much left to ATH, it's not worth the risk to go long. I'll wait to see the reaction at ATH and I might not take any trade today.
- #1,273
- Edited 6:53pm Jan 26, 2025 5:45pm | Edited 6:53pm
- Joined Jan 2016 | Status: Trader | 3,952 Posts
Upcoming week analysis!
FA Analysis:
1- This week is very important in terms of earnings: Wednesday and Thursday, we have major corporations earnings.
Good data will mean a new ATH for Stocks and NQ.
2- Trump imposing tariffs will be very bad for equities; in particular for later inflation will go up.
3- FOMC and ECB: both in my view will be irrelevant; confirmation of the status quo.
TA Analysis:
Weekly TA:
NQ closed bullish. With earnings coming and expectations are towards strong data, we should see a continuation up and a new ATH.
Daily TA:
With Trump noises, I expect NQ to reach the VA to go long.
Trade safely!
FA Analysis:
1- This week is very important in terms of earnings: Wednesday and Thursday, we have major corporations earnings.
Good data will mean a new ATH for Stocks and NQ.
2- Trump imposing tariffs will be very bad for equities; in particular for later inflation will go up.
3- FOMC and ECB: both in my view will be irrelevant; confirmation of the status quo.
TA Analysis:
Weekly TA:
NQ closed bullish. With earnings coming and expectations are towards strong data, we should see a continuation up and a new ATH.
Daily TA:
With Trump noises, I expect NQ to reach the VA to go long.
Trade safely!
- #1,274
- Jan 27, 2025 12:50am Jan 27, 2025 12:50am
- Joined Apr 2009 | Status: Live and learn. | 25,277 Posts | Online Now
"If The Fool persists in his Folly he will become wise." - William Blake
- #1,280
- Jan 27, 2025 7:12am Jan 27, 2025 7:12am
- Joined Apr 2009 | Status: Live and learn. | 25,277 Posts | Online Now
"If The Fool persists in his Folly he will become wise." - William Blake