NQ - trading session no.84pm - 5pm
learning and improving
today was hard because of a strong resistance that made price choppy
but yk, I cant expect for price action to be perfect every single day
PnL: +1 RR
Volatility
NQ Power Range Report with FIB Ext - 5/20/2024 SessionCME_MINI:NQM2024
- PR High: 18658.50
- PR Low: 18631.50
- NZ Spread: 60.5
No significant economic calendar events
Volatile open following Powell
- Hanging out inside Fri and Thurs range
- No change from ATH pivot
- Inside Wed highs
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 234.22
- Volume: 15K
- Open Int: 246K
- Trend Grade: Bull
- From BA ATH: -0.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Schiff show: VIX gap filled.Volatility is near record lows. Low VIX is often associated with market tops. 0day options have been pushing VIX down further than normal though. Judging from the many solid candles on the monthly chart, the month often closes near tops and bottoms. So there should be plenty of time. The writing is on the wall. But it would not be surprising to see stock prices remain elevated, with correspondingly low VIX, until June 3 or later.
Caption: Using the auto pitchfork indicator and choosing Schiff pitchfork reveals alignment with the gap.
XNGUSD- Bollinger / TTM Squeeze for Breakout LONGThis 30 minute chart of spot natural gas demostrates the indicators triggering / signaling a big
move as it gets underway. I missed the big move catching the two smaller scalpes earlier in the
day. For me, this demonstrates the value of one or more of these indicators armed with an alert
or notification to catch the move once it gets started. It also shows the value of detecting a
Bollinger band width and volatility contraction before the release. Price action is showing
a high tight flag pattern which could forecast a similar leg higher after sufficient consolidation
to ti reach the consensus equilibrium of buyers and short sellers as to what the price should be.
I will be one of those buyers adding again to my position which I expect to swing trade
at least the rest of this week. For those already with good-sized positions, some may elect
to sell some to take a partial profit. I am considering being more watchful of such a situation
also realizing that a short squeeze could get underway since XNGUSD as been falling for
sometime. Long-time shorts might decide this is the exit point to avoid further loss of
unrealized profits. If they do so they play into the hand of new buyers and those holding.
Buckle up, this could get interesting.
XOM “Exxon Mobile” Cup & Handle Cup & Handle forming on XOM as the Energy Sector remains bullish in this unpredictable economic environment…..let’s see how this one plays out.
What happens when the VIX peaks above 20?Tom Bowley always reminds traders and investors to watch out when the VIX spikes above 20. I looked at what happened to the SPY since the GFC whenever the VIX moved up above 20 (with gusto) on a monthly basis and the SPY percentage change from that moment until the bottom.
NQ - trading session no.74:00pm - ~4:50pm
- a few experimental trades but overall a good day
- after the 4th trade I cut my risk in hlaf and kept trading
PnL: +2 RR
NQ Power Range Report with FIB Ext - 5/16/2024 SessionCME_MINI:NQM2024
- PR High: 18657.00
- PR Low: 18640.00
- NZ Spread: 38.0
No significant economic calendar events
Pushed ATH to ~18760
- Faded back inside Wed range
- Inventory response of prev session low, slight session break gap up
- Relatively low volume to start the session
Evening Stats (As of 1:45 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 240.60
- Volume: 19K
- Open Int: 245K
- Trend Grade: Bull
- From BA ATH: -0.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 19246
- Mid: 18106
- Short: 17533
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
LCID Long Trade Setup VWAP and Falling Wedge BreakoutsLCID on a 30 minute chart showed a falling wedge from mid-December to late January then with
breakout which took it 30% in one and a half days. This was a previous idea. I believe the news
catalyst from Saudi Arabia prompted a burst of trader interest. The following day, the price
began another falling wedge pattern for one week. It then broke out for a 10 % move in a short
time interval.
The chart also demonstrates the bigger moves are centered around VWAP band lines where
trading volume and volatility are the greatest. The relative volume and volatility indicators
help emphasize this point.
At this point, LCID may be turning down into another albeit smaller and lower-duration
falling wedge and is well positioned for a brief short trade. The target would be the
mean anchored VWAP at 3.25. For a better entry selection, a zoom into 3-10 minutes would
be helpful
LCID falling down on weak revenue LONGLCID is in a falling wedge pattern again on the 30 minute chart. Eventually it will break out over
the pattern. It has been in a simlar pattern in the recent past. This is now basically a tall bear
flag in its consolidation portion. While price could go even lower, reversion to the mean says
that it will retrace. The Fib tool suggests 3.35 over an intermediate term. LCID has a rich
uncle in Saudi Arabia and its wealth fund. Most certainly, they will accumulate heavily at this
price level. Shorts will buy to cover once there is a saturation of buying and price action
follows in keeping with Wychoff's theory. The mass index has signaled a reversal. I will dip buy
this like the SA traders and add to the position once some bullish momentum is seen.
US30 Correction into MOONJust read the bearish divergence as temporary, backed by the US Federal Reserve's careful management of interest rates, US30 to the MOOOOOOOOON!
COVID 4 year bull flag to the infinite upside USA USA USA USA
LOVE,
dysonring2050
NQ - trading session no.64pm - 4.55pm
-all trades were OK/good imo
---> maybe 4 trades per day?
PnL: -1 RR
NQ Power Range Report with FIB Ext - 5/16/2024 SessionCME_MINI:NQM2024
- PR High: 18715.75
- PR Low: 18687.50
- NZ Spread: 63.25
Key economic calendar events
08:30 | Initial Jobless Claims
- Philadelphia Fed Manufacturing Index
Inching into new ATHs
- Prev session momentum with returning participation
- Holding above prev session high
- Mechanical 18740 supply, inventory off PR high
- No major correction since CPI numbers
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 251.45
- Volume: 22K
- Open Int: 250K
- Trend Grade: Bull
- From BA ATH: -0.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ - trading session no.54:00pm - 4:46pm
- many good trades today
- good aggressive stuff! (tight SL and stuff)
4th trade (although I cut my risk in half) was unprofessional
---> only 3 trades per day!!!!
PnL: +3.5 RR (shouldve been +3 RR tho)
NQ Power Range Report with FIB Ext - 5/15/2024 SessionCME_MINI:NQM2024
- PR High: 18427.00
- PR Low: 18402.00
- NZ Spread: 56.0
Key economic calendar events
08:30 | CPI (3x)
- Retail Sales (2x)
10:30 | Crude Oil Inventories
AMP temp margin req increase for expected vol spike, pre-RTH
- Prev session ad for rollover short turned into liquidity for new week highs
- Holding prev session highs below the close
- Daily print showing momentum on return to March, early April range
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 247.17
- Volume: 17K
- Open Int: 245K
- Trend Grade: Bull
- From BA ATH: -1.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ - trading session no.44.10pm - ~5.08pm
many good trades today!
-tighter SL?
---> not asking too much from price
---> tight TP
I DIDNT MOVE ANY SLs TODAY!!!!!!!!!!
PnL: +1 RR
NQ Power Range Report with FIB Ext - 5/14/2024 SessionCME_MINI:NQM2024
- PR High: 18290.50
- PR Low: 18274.00
- NZ Spread: 37.0
Key economic calendar events
08:30 | PPI
10:00 | Fed Chair Powell Speaks
Prev session closed as inside print
- Hanging around 50% of prev session range
- Daily print advertising potential reversal short below 18227
- AMP margin increase expecting vol spike for economic news
Evening Stats (As of 12:25 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 246.07
- Volume: 13K
- Open Int: 240K
- Trend Grade: Bull
- From BA ATH: -2.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ - trading session no.34.10pm - 5.40pm (1 1/2h session)
Ill maybe trade more around the open; Im just experimenting with the times rn but so far it went well
DONT MOVE THE SL!!!!!!!!!!!!!!!!!!!!!!
PnL: +1 RR
NQ Power Range Report with FIB Ext - 5/13/2024 SessionCME_MINI:NQM2024
- PR High: 18249.50
- PR Low: 18229.00
- NZ Spread: 46.0
No significant economic events
Low vols continue to start the week
- Holding inside prev session range above the close
- QQQ gap below ~437
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 259.08
- Volume: 16K
- Open Int: 238K
- Trend Grade: Bull
- From BA ATH: -2.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ - trading session no.25pm - 8pm (most trades were within a 1h range; I might consider that for future sessions)
- dont trade dumb trades (crazy)
- watch out for key lvls
- price testing highs or lows!
PnL: +1 RR (couldve been +3 RR)
$BTC: FREMA Trend CaptureDefault settings would look like:
To increase responsiveness to risks and close positions with slightest trend change incentive, it's best to check the following:
Invert BSP
Dynamic Factor
It is adjusted to the market incentive because the SuperTrend governing bands have carry ratios of bulls and bears. It causes bands to fuse with ongoing candle emerging proportions.
Observing different trend phases deeper in history:
For bullish strategy (Open Long / Close Long):
It's better to have multiplier of uptrend band less than downtrend band:
Having uptrend multiplier less than multiplier of second raw will enhance responsiveness of closing bullish positions and lower reaction to creating new bullish positions.
When it's set vice versa - having1st raw factor bigger than the argument of 2nd raw factor, will lower the responsiveness of Opening Short but higher the responsiveness of Closing Shorts.
The bottom like is I'd use this combination of inputs to secure the average trade as Position Entry and Position Close are timed by the proportions between Buying and Selling Pressure.
NQ - trading session no.11h trading session / 4.30pm - 5.30pm
gotta learn some stuff:
-dont move SL / TP
-dont trade if it doesnt look good
-no consolidating trades
-watch the volume and momentum!
-be flexible with trading times (4.30pm - 8pm)
-dont cut the risk
PnL: +0.5 RR (I cut the risk)
possible: +3 RR
NQ Power Range Report with FIB Ext - 5/10/2024 SessionCME_MINI:NQM2024
- PR High: 18237.25
- PR Low: 18215.75
- NZ Spread: 48.0
No significant economic calendar events
Closing with week with another low vol session open
- QQQ holding same daily gaps
- Prev session inside print
- Holding near prev session and week highs
Evening Stats (As of 1:45 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 265.69
- Volume: 17K
- Open Int: 238K
- Trend Grade: Bull
- From BA ATH: -2.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
