Easy Peasy Trading Range on NQ

Discussion in 'Technical Analysis' started by Scataphagos, Oct 21, 2024.

  1. Hello Wide Tailz,

    Nobody on this planet will EVER in a million years show or tell you how to make serious money trading.

    It will NEVER EVER happen to you. You are completely on your own and alone like homeless man.

    You have to be born poor to be a NQ or ES Trading Master.
     
    Last edited: Oct 22, 2024
    #21     Oct 22, 2024
    Dollardogs likes this.
  2. "Feed a man a fish and he'll eat for today. Teach a man to fish and he'll be able to feed himself every day".

    I'm not trying to "teach" TA. I only point out some of the most obvious technical setups*... Those alone are worth "a lot of fish".

    *A technical setup is not only a "this time" thing... it's a recurring thing. I like to think that eventually ETers will catch on.
     
    #22     Oct 23, 2024
    VPhantom likes this.
  3. Overnight

    Overnight

    And you will always be poor, until you prove to us you are a trading master. Which you never have, and never will, because you are so full of BS there is a bidding war on how much to empty your septic tank.
     
    #23     Oct 23, 2024
    SimpleMeLike likes this.
  4. A little context. I've tried it on daily charts on swing trade "buy the dip" or "sell the rip" pullbacks. You keep showing it on daytrader timeframes on the index, so it's not a fair comparison.

    You got me again. My bad. :(
     
    #24     Oct 23, 2024
  5. Price TA works on all markets and on all time frames... exactly the same and for the same reason.... You will see more setups/opportunities on intraday charts, of course.

    Sure, "buy the dip" and "sell the rip"... but at the right (technically indicated) places.
     
    #25     Oct 24, 2024
    HawaiianIceberg and birdman like this.
  6. This is my final post on this chart...

    On the one earlier, I said "watch for resistance at 20600. Well, it hit there and reversed down.. #4 on this chart.

    Then the market reversed UP at #5 on the "rising bottoms line".

    Part of the reason Price TA works is because lots of traders are looking at the same charts and are willing to act on the same setups... "monkey see, monkey do". If enough of them do, the market turns at least temporarily.

    The resistance at 20600 and the rising bottoms line beyond #5 are still good if tested again and until broken.

    GL

    Oct 42.PNG
     
    #26     Oct 24, 2024
    VPhantom and toon like this.
  7. Good Morning Overnight,

    Read what you posted again. Lol

    Who are you and us?
     
    #27     Oct 24, 2024
  8. You and us??
     
    #28     Oct 24, 2024
    SimpleMeLike likes this.
  9. Good Morning Scataphagos,

    @Overnight said I am not an ES/NQ Master Trader until I prove it to him and "us". LOL

    My question to @Overnight what world is he living in, that he thinks "I" need or have to prove ANYTHING on this planet to him and whoever "us" is?

    LOL

    Anyway, back to program..Price TA baby.
     
    Last edited: Oct 24, 2024
    #29     Oct 24, 2024
  10. No need to be concerned about becoming a "master trader"... likely, no such thing.

    Best that can be done is catch what you can and don't take any big losses.
     
    #30     Oct 24, 2024