NQ Long Trade - Buyers start coming in the book around the 12,400 level and move price up to the first two high liquidity levels that were sitting in the book at 12,420 and 12,425, those orders get filled then we get what looks like some profit-taking and then buyers comeback not as aggressively as the first move up but they come in the book and move price higher towards the high resting liquidity sitting at 12,445-450 however they can't break through to that high resting liquidity at and exhaust at around the 12,435 -440 area and then there is a pullback on low volume down to the liquidity sitting at 12,411, which could be some profit-taking. This makes a nice moderate gain of 35-40 points, which is a pretty nice trade on the NQ, not a home run but a single or double - lol. Notice the confluence with the QQQ chart. For those who are curious after the shallow pullback to 12,411 the market continued higher to 12,500, the patient large liquidity got its fill which usually happens more times than not, as a side note the market did get to the 12,500 level showing that the next leg of the move in the third screenshot. (HRL = High Resting Liquidity, P.T. profit taking)
Hmmm…are you able to click on them and open them separately…maybe I can post smaller size pics…that may help.
%% Same here/ but i like them for him. That means he is not using my charts + we dont want all using the same thing.........................................................
Exactly my friend, trying to share what I look at it and found how the orders are displayed visually very helpful…which charts do you use? You aren’t able to open any of the charts either?
%% Could not open of those charts; but TQQQ is short term upticking qld,qqq also. QID is going up /more \on most trends I use IBD daily charts with 50dma \200dma + some other stuff; i enjoy charts more than bid/ ask spread or orders people cancel. Thanks
I will try and repost the pics when I get to the airport. Think you will find them very beneficial. If you just trade stocks, Bookmap is a dream for you…the price goes from one liquidity level to another back and forth..