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Updated February 14, 2025
December 5th, 2024, 10:20 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241205 pre mrket nq
News
-
Condition 1
otf up
Condition 0
open in upper third
Thoughts
markets are very bullish but have already moved
do not sit too much on the flagpole
But more important: Do not fight this run, do not anticipate liquidations
Change
acceptance below old ath
December 9th, 2024, 10:21 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241209 pre market
News
-
Condition 1
ES could come into balance a bit but does not have to
Condition 0
open in range
= trade later
Thoughts
trying to pick tops is a fools game
Let the market show its hand
December 10th, 2024, 10:17 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241212 premarket
News
13:00 bond auction
Condition 1
4 day balance
Condition 0
open in range
> trade later
Thoughts
both markets are in a 4 day balance area
balance rules apply
December 12th, 2024, 10:16 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241212 pre market
News
we had job data at 08:30
13.00 bond auction
Condition 1
the daily did a gap and go up yesterday
Condition 0
overnight is exploring lower
and tested under y low with the job data
Thoughts
The low of the conso could be in
this thesis could change if we see acceptance below y low
December 13th, 2024, 10:21 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241213 pre market
News
avgo up 20% after earnings
-
Condition 1
NQ had an inside day and today gaps up on news
ES clearly broke its upmove and is in Balance
Condition 0
NQ explored a new ath in eth
ES open in middle of 7 day balance
Thoughts
just scalp
December 16th, 2024, 10:04 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241216 pre market
News
09:45 numbers
wednesday fed
Condition 1
ES is in Balance
NQ is matured imbalanced up
Condition 0
friday ES was not able to get the swing low
It was just a liquidation
In eth we see some covering which lets us open above the belly
NQ opens with a little gap on new ath
Thoughts
In tendency we see less action on the first days of a fed week
There is no need to antizipate a change of condition 1
Trade in the frame work of what is
December 17th, 2024, 10:20 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241217 pre market
News
10:00 numbers
13:00 bond auction
tomorrow fed
Condition 1
NQ imbalanced up (matured)
ES in balance
Condition 0
ES with small gap down
NQ in range
Thoughts
ES is is balance untip it isnīt
Do not anticipate change
December 19th, 2024, 10:17 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241219 pre market
d1
Rough liquidation break with the fed yesterday
I have no idea whats next
I take my size down and try to get a scalp here and there
December 19th, 2024, 01:23 PM
danville ca usa
Posts: 82 since Aug 2015
Thanks Given: 50
Thanks Received: 79
Rcap
20241205 pre mrket nq
News
-
Condition 1
otf up
Condition 0
open in upper third
Thoughts
markets are very
bullish but have already moved
do not sit too much on the flagpole
But more important: Do not fight this run, do not anticipate liquidations
Change
acceptance below old ath
has anyone noticed: very wide spreads on NQ... sometimes > 5 ticks and the very fast jumping bid /ask levels
thanks toucan
December 23rd, 2024, 10:17 AM
Frankfurt Germany
Legendary Market Wizard
Experience: Intermediate
Platform: Sierra Chart
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 667 since Oct 2019
Thanks Given: 10
Thanks Received: 788
20241223 pre market
News
10:00 numbers
Condition 1
rough lliquidation
followed by siome balancing and covering
Condition 0
we open in the lower part of the covering belly
Thoughts
I am not interested in shorts
if there would be more covering i would be interested
Last Updated on February 14, 2025