Stopped
Nasdaq-Simple Intraday Strategy
- #2,082
- May 25, 2025 3:40pm May 25, 2025 3:40pm
- Joined Jan 2016 | Status: Trader | 3,933 Posts
Good Upcoming Week!
Nothing really to update from last week. Just to reiterate:
- Trump maintains the Uncertainty: Deals-no deals
- Market understands that the minimum tariffs are between 10-25% which is at least 500% from pre-Trump era!
- FED: 100% No rate cut in June. May be later in September.
- Still: Good macro-economic data is bad for equities and vice-versa.
TA Analysis:
Weekly TF: SELL and the Start of wave 3 Down
Daily TF:
I think price will open with a gap down.
The break of TL is a good sign for south direction.
As soon as price makes LL&LH, we will have a strong confidence about the south direction.
Happy green week
Nothing really to update from last week. Just to reiterate:
- Trump maintains the Uncertainty: Deals-no deals
- Market understands that the minimum tariffs are between 10-25% which is at least 500% from pre-Trump era!
- FED: 100% No rate cut in June. May be later in September.
- Still: Good macro-economic data is bad for equities and vice-versa.
TA Analysis:
Weekly TF: SELL and the Start of wave 3 Down
Daily TF:
I think price will open with a gap down.
The break of TL is a good sign for south direction.
As soon as price makes LL&LH, we will have a strong confidence about the south direction.
Happy green week
- #2,083
- May 27, 2025 8:42am May 27, 2025 8:42am
- Joined Jan 2016 | Status: Trader | 3,933 Posts
Good day & Week!
From H1 TF, price is making LL & HH. So there is no opportunity to trade.
Price should make a confirmed HL and a new HH to go long OR HL and new LH to go short.
The 5min opening range was bearish.
Will share if I take any NQ position.
GL!
From H1 TF, price is making LL & HH. So there is no opportunity to trade.
Price should make a confirmed HL and a new HH to go long OR HL and new LH to go short.
The 5min opening range was bearish.
Will share if I take any NQ position.
GL!
- #2,088
- Edited 8:22am May 28, 2025 7:57am | Edited 8:22am
- Joined Jan 2016 | Status: Trader | 3,933 Posts
Good day!
From TA perspective price seems going up making HH-HL. But the last two days, price has consolidated (Yellow box) and now price has created a new HH. This seems to me as a Bull Trap.
From FA perspective, we know that Uncertainties, flip-flop on tariffs, No June Rate cut, direction should be down.
- If you want to go LONG, seek a new HL and jump in.
- If you want to go SHORT, seek a new LH and jump in.
Edit:
- Today, after market closes, we've NVDA earnings. expect a huge reaction for NQ.
(Note: I won't be around today! See you tomorrow!)
From TA perspective price seems going up making HH-HL. But the last two days, price has consolidated (Yellow box) and now price has created a new HH. This seems to me as a Bull Trap.
From FA perspective, we know that Uncertainties, flip-flop on tariffs, No June Rate cut, direction should be down.
- If you want to go LONG, seek a new HL and jump in.
- If you want to go SHORT, seek a new LH and jump in.
Edit:
- Today, after market closes, we've NVDA earnings. expect a huge reaction for NQ.
(Note: I won't be around today! See you tomorrow!)
- #2,092
- May 29, 2025 9:16am May 29, 2025 9:16am
- Joined Jan 2016 | Status: Trader | 3,933 Posts
Good day!
Sorry for being late today!
Price is making LL-LH.
Here is my Sell Lmt entry
Sorry for being late today!
Price is making LL-LH.
Here is my Sell Lmt entry
- #2,093
- May 29, 2025 9:53am May 29, 2025 9:53am
- Joined Jan 2016 | Status: Trader | 3,933 Posts
Good day! Sorry for being late today! Price is making LL-LH. Here is my Sell Lmt entry {image}
- #2,097
- May 30, 2025 7:39am May 30, 2025 7:39am
- Joined Jan 2016 | Status: Trader | 3,933 Posts
Good day! Core PCE data is coming in a few. It'll be very relevant. Add to this, trump flip flop with China this time and today is Friday, end of week and month. So Green data, NQ is going South and vice-versa.
All the drama will be or already is with Trump and end of Month.
Looking for the few candles closing below TL. This TL is from higher TF; so a close below it is a good sign for the next move.
- #2,100
- May 30, 2025 9:03am May 30, 2025 9:03am
- Joined Jan 2016 | Status: Trader | 3,933 Posts
Here is my planned Sell order after price started closing below TL, made a breakout of the 5min opening range and looking for a bearish retest.
Edit:
- 10:09: The retest was bullish. I'm not in yet.
Edit:
- 10:09: The retest was bullish. I'm not in yet.