NASDAQ 100 Futures March 2023 Lecture

Overview

• Focus: NASDAQ 100 Futures March delivery contract for 2023
• Key concepts: Volume imbalance, algorithmic price points, daily analysis, and trading strategies

Volume Imbalance

• Explanation:
  • Wicks of different candles closing price action without bodies
  • Draws attention from traders and algorithms
• Practical example:
  • Wednesday trade expectations: Single pass through a shaded area and the algorithm's behavior

Forex Commentary

• Upcoming analysis:
  • Euro Dollar
  • Pound Dollar
  • Dollar Index
  • NASDAQ futures
  • ES Humidity (S&P futures)
• Limitations:
  • No coverage of crypto trading

Trading Strategies for Non-Farm Payroll Weeks

• Concentrate on Monday to Wednesday New York session
• Avoid Thursday and Friday due to market choppiness
• Important insights:
  • Entry and exit strategies
  • Understanding price action during non-farm payroll weeks and FOMC days

Key Market Analysis for NASDAQ

1. Prediction of Market Movement

• Anticipate a run into shaded areas
• Look for price movements around imbalances for entry and exit points

2. Volume of balance on the daily chart

• Identifying key areas on different time frames
• Example: One minute chart pinpoints the short-term high/low movements

Orders and Trading Models

General Principles

• Monday to Wednesday key sessions
• Volume imbalance and PD arrays understanding
• Intraday analysis using hourly and 15-minute charts
• Methods to find entry using one-minute and five-minute charts

Real-Time Example

• Detailed walk-through for a specific trading day
• Explanation of entries, exits, partial profit-taking
• Detailed real-time annotations and decision-making
• Example: Anticipation and management of different phases of price action

SMART Money Principles

• Understanding algorithmic principles:
  • Market maker buy model
  • Patterns identified through price action analysis

Trading Platforms and Data

• Use of TradingView for real-time data
• Access to different Futures and Forex equivalents
• Importance of monitoring detailed price action and maintaining annotations

Final Takeaways

• Dynamic market behavior
• Emphasis on patience and real-time price tracking
• Encouragement for active learning and market monitoring
• Insight into market setups and managing trades in real-time scenarios

Conclusion

• High-level overview of effective trading strategies
• Importance of observing and adjusting trades in response to market behavior
• Reflecting on examples and practical usage
• Aim for consistency and disciplined trading approach