Multiple Macro-Shocks = Instability

Wait 5 sec.

Multiple Macro-Shocks = InstabilityMicro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!SidgateIran tensions Chip maker weakness FOMC Earnings season Much data release at 08.30 ET Nasdaq correction dynamics TAKEAWAY: take only the best trades or demo trade Caution is warranted. Daily Focus MNQ/NQ: 1. Price shelves 2. Trade setups based on atomic IF-THEN logic chain. In simple terms, this trade plan removes decisions. It is purely mechanical. Your only two decisions: 1. How much will you risk? 2. What is your profit target? A 100-point stop indexed to the sweep low and a 62-point profit target seem to be a good combo. But you know how that goes - past performance is no indicator of future performance. Here is the atomic logic chain: IF sweep THEN reclaim IF reclaim THEN hinge IF hinge THEN break IF break THEN trade setup is valid Pullback Entry: Hinge lip IF this is new to you THEN you will find explanation in prior posts. Trading Philosophy: Correct Mechanics + Correct Structure + Correct Logic = Correct Trade Please check back. In the "Add note" section I will post the trade setups for your study. They will be posted post facto. They happen too fast for me to post them in real time. This plan is based on 15s bars.