Good morning, Traders!
The Nasdaq 100 E-mini Futures market (NQ) is in an overall upward trend. The long-term and short-term directions are up as we wait for the market to find support and break bullish into the buy zone.
Once we get that push, we’ll be able to buy the NQ for about a +1,000 tick movement toward the next high price. But this opportunity will only work out if you know how to execute your entry strategy!
There’s the potential for a sizeable profit with this trade if you know how to follow the data and jump in at the right moment. That’s why I’m sharing my strategy with you. This is an opportunity to get into the futures market and start making money as a successful trader.
If you’re ready to get started, let’s look at the timeframe analysis for the NQ to see what’s in store for us:Daily Timeframe Analysis
The NQ is following the inner uptrend line within the daily timeframe. The market is seeing higher highs and higher lows as it remains in an overall upward trend. So long as the market can find support along that line and stay above it, we can expect the market to turn toward the buy zone and remain up.DAILY TIMEFRAME
The long-term direction is up for the NQ
The short-term direction of the market is up for the NQ
The NQ is getting ready to break bullish toward the next high price
So long as the NQ stays above the inner uptrend line, we should expect opportunities to buy the market
It’s important to fully understand how trendlines work if you want to increase your odds of getting your trades right. That’s why you need to take advantage of my informational resources to learn more about using trendlines in your trading!
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One-Hour Timeframe Analysis
As we turn to the one-hour timeframe, we can see the NQ breaking bullish through the counter trendline as it heads to a higher price. Remember that the counter trendline break tells us that the market is turning bullish toward the buy zone. That’s when we jump in and ride the market up.
The NQ is breaking the counter trendline and preparing to make a bullish run through the buy zone
With this setup, we can expect a +1,000 tick movement toward the next high price. If we time it right, this trade can make us a very good return. But that’ll only happen if you have the right strategy and know when to buy.The Bottom Line
The NQ is setting up for a bullish push toward the next high price point. We can expect a +1,000 point movement that could make us some serious money if we get in at the right time.
The overall direction for the NQ remains up as the market makes higher highs and higher lows. We’ll want to focus on our one-hour timeframe as we prepare to execute our entry strategy for the market.
The NQ is up for both the long-term and short-term. We watch for the market to break bullish and ride a +1000 tick move back to the top
But none of this will work if you don’t have the right strategy to implement the data. Follow along as I reveal the crucial aspects of my trading strategy that will allow you to become a profitable futures trader!
Keep On Trading,
Mindset Advantage: Execute
In the end, trading is about execution. A detached, matter-of-fact execution that takes into account market data. It’s those darn emotions that get in the way.
What if you were able to execute every trade like you were cleaning up after a great meal with friends or family?
Instead of each entry or exit being the heart-pounding, drama filled moment that it is (for many) – remove your emotions and treat it as though it just needs to be done.
Like taking out the trash, you don’t think about it. You don’t shed any tears over the 5 day old ravioli or hamburger buns that you’re throwing away. Why waste another second on that trade?
Good or bad. Simply execute. And free yourself to see the market from a different point of view.Traders Training Session