NexusFi: Find Your Edge


Home Menu

 





NQ-nalysis


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one tturner86 with 307 posts (434 thanks)
    2. looks_two srgtroy with 74 posts (156 thanks)
    3. looks_3 Chippstrader with 48 posts (23 thanks)
    4. looks_4 trendisyourfriend with 40 posts (70 thanks)
      Best Posters
    1. looks_one srgtroy with 2.1 thanks per post
    2. looks_two trendisyourfriend with 1.8 thanks per post
    3. looks_3 tturner86 with 1.4 thanks per post
    4. looks_4 Chippstrader with 0.5 thanks per post
    1. trending_up 127,199 views
    2. thumb_up 883 thanks given
    3. group 42 followers
    1. forum 666 posts
    2. attach_file 579 attachments




 
Search this Thread

NQ-nalysis

  #441 (permalink)
 wxsim1 
Miami, FL
 
Experience: Advanced
Platform: NT
Trading: ES, CL
Posts: 126 since May 2013
Thanks Given: 274
Thanks Received: 70

wmwwmw

NQ futures breached previous daily high while ES still trading inside previous day's range. Based on current information, NQ is stronger than ES. So you would be trading bullish signals on NQ and bearish signals on ES? Is that is how you are using this information?

thanks

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Deepmoney LLM
Elite Quantitative GenAI/LLM
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
Battlestations: Show us your trading desks!
26 thanks
The Program
18 thanks
  #442 (permalink)
wmwmw
Flushing,NY/United States
 
Posts: 9 since Feb 2015
Thanks Given: 0
Thanks Received: 4


wxsim1 View Post
wmwwmw

NQ futures breached previous daily high while ES still trading inside previous day's range. Based on current information, NQ is stronger than ES. So you would be trading bullish signals on NQ and bearish signals on ES? Is that is how you are using this information?

thanks


Basically you are right but I will add some notes:
1. If I short I will short YM, since YM is the weakest .
2.Also TF looks strongest, I will be cautious on trading TF .Usually I need one day TF close strong to confirm it has become a strong index.
3. I said "if I short". But in reality I will never short during a strong up trend like current bull market.
4. Choosing a right index will help you with better risk-reward, but to profit you still need a lot of more works to do.

Reply With Quote
Thanked by:
  #443 (permalink)
wmwmw
Flushing,NY/United States
 
Posts: 9 since Feb 2015
Thanks Given: 0
Thanks Received: 4


RUT is up 2 point right now. It is the strongest index today,along with DOW and SPX to turn stronger.
I am long TF now and possibly hold into tomorrow.

From intraday chart, RUT kept breaking intraday high and brought DOW and SPX trending higher with it, with NDX stay flat.
So longing TF would be a better choice than NQ now from risk-reward point.

Reply With Quote
  #444 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
Thanks Given: 10,459
Thanks Received: 12,695


wmwmw View Post
RUT is up 2 point right now. It is the strongest index today,along with DOW and SPX to turn stronger.
I am long TF now and possibly hold into tomorrow.

From intraday chart, RUT kept breaking intraday high and brought DOW and SPX trending higher with it, with NDX stay flat.
So longing TF would be a better choice than NQ now from risk-reward point.

That's great. Please start your own thread where you can document and discuss your ideas.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #445 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
Thanks Given: 10,459
Thanks Received: 12,695





Yesterday and today is a range.



Pascal buy sig fired last week.



Potential BO-Pullback Buy on the daily.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #446 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
Thanks Given: 10,459
Thanks Received: 12,695

Are we approaching the ultimate double top?



What does a failed double top look like? The answer is a bull trend.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #447 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,162 since Jan 2013
Thanks Given: 57,341
Thanks Received: 26,267


tturner86 View Post
Are we approaching the ultimate double top?



What does a failed double top look like? The answer is a bull trend.

LOL. Ultimate optimism.

But I do like it.

Bob.

Reply With Quote
Thanked by:
  #448 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
Thanks Given: 10,459
Thanks Received: 12,695






Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #449 (permalink)
 
Chippstrader's Avatar
 Chippstrader 
Randolph+NJ/US
Market Wizard
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Stage5/Advantage Futures
Trading: NQ
Posts: 2,050 since Jan 2015
Thanks Given: 5,241
Thanks Received: 3,656

I am a newbie and learning trendlines/chart patterns. I did a analysis of NQ100 futures for coming days/weeks/months. Please refer to the screenshot. This is only for learning and observation purpose.

Please disregard, If I posted chart with wrong view and it doesn't make any sense.

Like a student, I will take everyone suggestion/guidance.

--------
Chipps
Attached Thumbnails
Click image for larger version

Name:	NQanalysis_MyView_19Feb2015.png
Views:	212
Size:	108.7 KB
ID:	175581  
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #450 (permalink)
 
srgtroy's Avatar
 srgtroy 
Los Angeles, California Republic
Legendary  R.I.P. 1965-2023 
 
Experience: None
Platform: Sierra Chart
Broker: CQG
Trading: ES
Posts: 1,928 since Jan 2011
Thanks Given: 1,375
Thanks Received: 3,722


Both indices approaching major Fib resistance levels on the Monthly:




Reply With Quote
Thanked by:




Last Updated on December 29, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts