Mastering Naked Trading: Harnessing Market Profile for Price Action Insights In the ever-evolving landscape of financial markets, traders are constantly seeking an edge, a methodology that provides clarity amidst the chaos of price movements. Enter naked trading, a concept that might sound risky at first glance but is, in fact, a disciplined approach grounded in […]
Trade Plan ES Futures: Week Starting May 12th, 2024 Trading Strategy: Pivot Reversal with Predetermined Targets Key Levels: Weekly Pivot: 5250 (Currently trading below at 5238) Upside Targets (Resistance): 5280, 5307, 5334 Downside Targets (Support): 5224, 5173, 5146 Rationale: This strategy aims to capitalize on potential reversals from the weekly pivot level. Since the ES […]
Introduction: In the fast-paced and often unpredictable world of trading, success is rarely achieved by chance. It requires a blend of knowledge, skill, and a resilient mindset. While mastering trading strategies and understanding market dynamics are essential, there’s a hidden gem that can significantly elevate your performance and confidence: journaling. In this comprehensive guide, we’ll […]
Trade Plan NQ Futures: week starting May 5th, 2024 Based on the provided levels for the NQH2024 futures contract, here’s a weekly trade plan focusing on trading from the pivot to the upside or downside targets: Weekly Pivot: 17847 Current Price: 18000 Upside Targets: First Target: 18090 Second Target: 18348 Third Target: 18605 Downside Targets: […]
Trade Plan ES Futures: Week Starting May 5th, 2024 Based on the provided levels for the ESH2024 futures contract, here’s a weekly trade plan focusing on trading from the pivot to the upside or downside targets: Weekly Pivot: 5135 Weekly Open: TBD Current Price: 5161 Upside Targets: First Target: 5183 Second Target: 5220 Third Target: […]
Don’t Dive in Blind: Why a Trading Course is Essential Before Risking Your Money Introduction The allure of the stock market or futures trading is undeniable – the potential for significant profits can be intoxicating. However, the world of trading is filled with complexities, risks, and strategies that can leave newcomers quickly overwhelmed and out […]
Trade Plan NQ Futures: week starting April 14th, 2024 Based on the provided levels for the NQH2024 futures contract, here’s a weekly trade plan focusing on trading from the pivot to the upside or downside targets: Weekly Pivot: 18284 Current Price: 18172 Upside Targets: First Target: 18406 Second Target: 18566 Third Target: 18718 Downside Targets: […]
Trade Plan ES Futures: Week Starting April 14th, 2024 Based on the provided levels for the ESH2024 futures contract, here’s a weekly trade plan focusing on trading from the pivot to the upside or downside targets: Weekly Pivot: 5181 Weekly Open: TBD Current Price: 5166 Upside Targets: First Target: 5250 Second Target: 5297 Third Target: […]
Trade Plan ES Futures: week starting April 1st, 2024 Key Levels: Resistance Levels: 5322, 5356, 5390 Weekly Pivot: 5290 Support Levels: 5259, 5222, 5193 Trade Plan: Long Trade from Pivot Area (5290): Look for bullish confirmation around the pivot area (5290). Potential entry triggers include bullish candlestick patterns, strong bounce off the pivot, or a […]
Trade Plan NQ Futures: week starting April 1st, 2024 If the price moves above 18604 (weekly pivot), consider buying as the price approaches or moves above 18709. Target the first resistance level at 18851 for profit-taking. If the price continues to rise, consider holding for a potential move towards the second resistance level at 19023. […]