Hot data, but I don't think anything big will happen on the NASDAQ today. Probably will jojo in this range till tomorrow. 4H image

New Cable Thread & Other Pairs

Yeah, cooling labor market. I'm long NQ again. Pullback is really over me thinks.

New Cable Thread & Other Pairs

Well, went for a cheap short with 2 contracts in the MNQ. Entry: 17730.00 SL: 17795.00 TP: 17570.00 (yesterday's settlement)

New Cable Thread & Other Pairs

Thanks! I know about the one tomorrow, but wasn't aware of the info about today's PCE.

New Cable Thread & Other Pairs

Someone help, please, because I'm really struggling with the conflicting data lately. I barely made it out alive today . I guess they really wanted to close the Facebook gap. Didn't make sense to me with the fundamentals, but maybe I ...

New Cable Thread & Other Pairs

Another bearish confluence for NQ, yields are skyrocketing.

New Cable Thread & Other Pairs

Stubborn inflation and worse GDP and META plummeting. Might be an even redder day today for the NASDAQ . Tonight we have Google's and Microsoft's earnings though and PCE tomorrow. Volatile times.

New Cable Thread & Other Pairs

I said earlier that I expected NASDAQ to go to 17.650,00 if it "continues like this". I mistyped, I meant 16.650,00. However, momentum is going faster than I expected due to geopolitics, so I'm now targeting the area of 16.150,00. Past the value ...

New Cable Thread & Other Pairs

Just came from the livestream of Jerome Powell. He sounded hawkish to me.

New Cable Thread & Other Pairs

(micro) NASDAQ finally broke through the 18.000,00 level and the NVIDIA earnings gap has been filled. All my losses in the prior consolidation have been recuperated. Feels like forever, when you're staring at the charts. Daily chart image If this ...

New Cable Thread & Other Pairs

You are right. 2 weeks prior to this report they added 14k shorts and just before CPI they took almost all of them away. So I'm taking this data with a grain of salt.

New Cable Thread & Other Pairs

New COT report just dropped. Not confluent with my analysis this time. For the NASDAQ: image Institutional money got rid of a lot of shorts (-12.195) and added some longs (543). I wonder what they're thinking now . Retail pretty ...

New Cable Thread & Other Pairs

Hey, thanks for the input Terry and LoneTrader1. This is my technical view on the NASDAQ for now. image On the fundamental side we had a hot CPI lower consumer sentiment bad earnings from the big banks and rising tensions in the Middle East ...

New Cable Thread & Other Pairs

So seeing the new influx of people in here, I wanted to ask if anyone else trades the NASDAQ (or the S&P, Russell, DOW). I'm looking for a second opinion. It has been very choppy. I'm a little bearish myself for now, but the market has been very ...

New Cable Thread & Other Pairs

Wow, seems I was wrong . Today's candle is engulfing yesterday's selloff. I guess we're going to take out the all time high, but who knows, it's so choppy. image

Auction Market Theory and Market Profile

(micro) NASDAQ-100 futures short term outlook With the latest CPI data, I'm expecting it to approach the VAL, which happens to be near my support zone and 50% Fibonacci retracement. So somewhere around 17650. Went in a little too early at 18135. I'm ...

Auction Market Theory and Market Profile

Released at 20:01, right when the moves started.

Cable Update (GBPUSD)

I think I just found the catalyst for the crazy moves just then. Released at 20:01 image

Auction Market Theory and Market Profile

MNQ Finally a good trade in this hectic period again. Yesterday's value area moved higher after a b-shaped day. It also bounced off my daily support zone. Price went back to resistance zone (now support again). Therefore I bought at the support zone ...

Auction Market Theory and Market Profile

Well, my strategy is to mainly follow the daily trend. I use the seasonality as a point of confluence. For example: big green and blue column means it has the potential to be a bullish month and vice versa. However, I'm a daytrader, so I don't weigh ...

Auction Market Theory and Market Profile