Trading Insights

Trading Insights

August 16-21 – Emini Nasdaq (NQ)

Trading Insights
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There are 4 techniques defined to use when you trade with our software.

  • Buy or Sell above or below the 120 EMA, when you have a white or a blue dot (I use red and green dots in this setup)
  • Buy or Sell when a candle closes over the 120 EMA
  • Buy or sell on a stablished defined timestamp using the candle closed over the line the dot prints.

In this article I use Warp (Predictive software) to explain the last one that is what I did today. We also don’t have major news, its Monday and the last week of the summer season.

If you read my articles remember that I defined a setup to have more space between the predictive signals. At the New York session open, my first signal is at 8:29 over the 120 EMA and for the Nasdaq I like to trade after the 8:33 minute, just to see how the price action reacts. So, I wait until the next signal that is at 8:45. That signal tell me to buy, but the candles before the timestamp (8:45) are making lower lows. The candle at 8:46, the white one, did not close above the last candle also.

I’m a little bit cassius, draw a trendline above the candles, trying to find a breakout of it. The price crosses the 120 EMA, and appears my first opportunity to go short. But I used the predefined signal at 8:45, to wait the puncture of that level. What it means is that I am waiting a candle that going down closes under that level. When that happens, I open my trade and go short.

My daily goal is $500 usd, I draw a yellow line from my entry point that has 30 ticks of distance that’s $600 usd for one contract of the Nasdaq

When the price reaches that level, I move my stop loss tight to the active candle, and in the pullback, it stops me out, for a $575 usd profit target

The same puncture technique could be used at the 9:06 line, that’s the entry 2, with a 51 ticks profit move until the next signal 9:21am

Hope this article helps you to understand the puncture technique.

Juan Fernando Vega

Mechanical Engineer

Bogota-Colombia

Spanish - Support