undervalued nasdaq futures

at the end of the day there was a nice situation to short e-mini futures nasdaq, because it was visibly undervalued (compared to other four markets), thus luring buyers.

i am going against them, it is too predictable to buy here. and these who are predictable will lose

and yes, the market moved against them and they lost

second entry reversal scheme

not a very successful day today. i tried two trades but ended up with zero. 

the performance was poor as i more or less just tested if i am connected to the company ´s server or not :-)

anyway, i have noticed couple of nice situation that could serve as a second entry for a reversal

schematically, it looks like this



this is how it looks on real charts
example 1

example 1 closer look at market orders


example 2

example 2 closer look at market orders

market orders extinction

a nice example of timing entry with market orders study. with every new high, the market orders diminish

the first target is nicely placed in the thickened price action

iceberg order at 4936,50

a clever iceberg order appeared today on e-mini nasdaq futures, buying huge sell market orders at the precise price 4936,50.

it was in an intermarket unballanced state so the seller´s side here was definitely the "more stupid" one and the buy market´s side was the "clever one"

this is the detailed orderflow footprint chart

 here is the intermarket situation with seller´s side to be tempted into it

this is how the price continued to run upwards for the stoplosess

nq long

a second entry with timing based on the extinction of sellers. the potencial was nice

closed safely before a possible breakout

orderflow mirroring

experimenting with a new sierra chart studie from www.intraday.cz aka www.order-flow.cz. here i took one trade based on the idea of mirorring orderflow. bigger buy limits are matched with bigger sell market. just one contract to test it..

here is how it went. similar situation appeared 20 minutes after

the orderflow situation 20 minutes after

video of this peculiar trade is here

intermarket liquidity pullback

this was an example of intermarket liquidity pullback against predicable buyers.

this is the entry moment, there is a nice potential for the first target here. that was a very strong reason why i took this trade. the intermarket liquidity is not so observable, but it is predictable here - and on the footprint charts the volume is really strong - dow jones futures is higher, e-mini mid cap is higher as well, s&p futures almost the same.. 

at first, the plan was to trail the third target little bit lower,, the buyers´s pressure was still observable..

the result 150 usd