NQ Futures week of March 24th
NQ futures are currently in very tight price action between two pivotal zones marked here with red boxes.
At quick glance here you can see that there is an obvious seller at 18691 and buyer at 18076. We sharply rejected at 18691 post FOMC and have been building a bull flag which is gathering the energy to attempt to take out this seller.
For next week the move here will be simple.
Long setups:
1. If 18691 seller is taken out with this bull flag launching, join long and target 18834.
2. A failed breakdown of 18483 level is a good long to retest 18607-18691.
Short Setups:
1. A breakdown of 18483 level is a good short to target 18395, 18280-18308 again.
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Personally, I started to use Take Profit Trader (click link for sale, and use promo code “JOVAN28” for 50% off). On this prop firm it costs around $220 (assuming you pass the challenge and you are not reckless with trading) to get into a funded 50k account where you can withdraw your profits without ever risking your own capital. They offer same day payouts so if you hit a homerun on the first day of your funded account, you are free to withdraw those so long as you leave a buffer for your next trade.