For those who are struggling becoming consistent in trading, feeling the pressure from family, or lost their jobs this spring and finally have the time to pursue trading… I just want to say I 100% know where you are.
Let's close out the week strong!
Here is what I am looking at for #NQ_F for the @NTLiveMedia stream tomorrow. Tune in!
Daily - Price rejected from the 9DSMA and pushed all the way back down to 29,060s zone. It is attempting to bounce and as long as it can hold, we can backtest PWL at 250-300, where we can sell off once again. However, if we reclaim that, we have 450s zone that we can see, before another rejection back down. If we continue lower directly from here, we can target Sept lows at 28,816.25, where if we go there directly without much bounce, I think sets up a good bounce back to 9SMA.
4hr - Price is into the 1st LL as we dance around the 29k area. If we can hold, we can bounce to seek the 9SMA and put in a LH to possibly reject again. That may be into the PWL test at 29,200s, WHERE we have that 250-350 daily range support backtest. If we fail to reject there, look for 450s adn then a rejection. Failure to hold here and bounce, we can go down to 911 zone, but we have Sept low at 816 that would be main target on lower prices
For tomorrow, will focus on shorts again below PWL
After the bounce, which was part of scenario 1, we got short when price rejected from the push to 600s, and has now followed scenario 2 and 2.1
Scenario 1 and trade idea below.
Our daily plans guide myself and traders inside the discord WHERE to execute, and our 9SMA Framework tells us HOW to execute. Send a DM if you are tired of trading against the trend, or worse, not sure why a move is happening. Would love to share info on the group and welcome you in to PST.
https://t.co/oL1hxOnO2f
Just an incredible market. You HAVE to understand market structure to become consistent. Hope what I share here and on @NTLiveMedia helps in your own journey!
After the bounce, which was part of scenario 1, we got short when price rejected from the push to 600s, and has now followed scenario 2 and 2.1
Scenario 1 and trade idea below.
Our daily plans guide myself and traders inside the discord WHERE to execute, and our 9SMA Framework tells us HOW to execute. Send a DM if you are tired of trading against the trend, or worse, not sure why a move is happening. Would love to share info on the group and welcome you in to PST.
https://t.co/oL1hxOnO2f
With this Vest firm thing now hitting the interwebs, every other post is sharing their affiliate code vs trading/education.
Can we go back to trading for a minute? I know we all have codes for props but come on. Put some respekt on your names
@ForteCharts cut your size by 2/3 so you can remove emotions or you will continue to focus on that. Work on process again and review/iterate.
Trading success is being stuck in the right feedback loop!
Yesterday we put in that HL that we needed in #ES_F & #NQ_F in order to get the push higher into the 9DSMA.
Today we got it and rejected exactly there in the after-hours!
What now?
Here is the Midweek $ES & $NQ Update to help you close out the week!
Since yesterday's @NTLiveMedia stream, I have talked how as long as yesterday's morning low (4hr swing low) held, we can continue higher towards the 30,050-100 area to SEEK a daily 9DSMA LH. We have done exactly that! Here is a screenshot of this morning's #NQ_F scenario 1 and 1.2, with the 905 servign as this morning's b/b zone.
What took place today? We broke out of the morning range, BACKTESTED PDH/905 b/b zone and then pushed out to that 30,100 target!
We caught a great long from there and called it a day.
If you need a second set of eyes to help plan out the day and trade along side the trend, send a DM and I can share info on the discord. We apply this process on a daily basis.
Since yesterday's @NTLiveMedia stream, I have talked how as long as yesterday's morning low (4hr swing low) held, we can continue higher towards the 30,050-100 area to SEEK a daily 9DSMA LH. We have done exactly that! Here is a screenshot of this morning's #NQ_F scenario 1 and 1.2, with the 905 servign as this morning's b/b zone.
What took place today? We broke out of the morning range, BACKTESTED PDH/905 b/b zone and then pushed out to that 30,100 target!
We caught a great long from there and called it a day.
If you need a second set of eyes to help plan out the day and trade along side the trend, send a DM and I can share info on the discord. We apply this process on a daily basis.
Perfect zone to zone action today in #NQ_F with my zones indicator that took me years to develop after spending a long time looking at left side action to understand where support/resistance constantly was and how to create a calculation around it.
Available for discord members. Send a DM if interested in using it for NinjaTrader or Tradingview. Can share info on group too
@Trading_Boxes Never have I seen a daily plan that is as accurate as yours Chris. Your read on levels and structure is uncanny and your methodology with execution virtually eliminates emotion. Trading just got boring.
Perfect zone to zone action today in #NQ_F with my zones indicator that took me years to develop after spending a long time looking at left side action to understand where support/resistance constantly was and how to create a calculation around it.
Available for discord members. Send a DM if interested in using it for NinjaTrader or Tradingview. Can share info on group too