Swing Trades DAX/DOW/NQ/GOLD

So I stay away of trading in such a sideways ranged markets with no PA/Volume

ES MINI Long 1 lot
Closed +2.5p 1 lot

MNQ Micro last 2 lot Long 19.834
T1 +14/15p 4 lot
2 left/SL BE zone
T2 +17p 1 lot
1 left SL BE
Closed at 19.904

Stuck at (8)50 level/Waiting mode

NQ only 1% away from the 20K again

MNQ Scalp long re entry last 2 lots

ES & MNQ Swing longs

NQ close to the 20K

SnP close to the 5700 and ATH 5725

Markets in a waiting mode for Todays EU & US PMI numbers and Tomorrows Powel speach at Jackson Hole.

All prices stuck inside Weekly Value Area (VA) TPO peak.

Could jump up heading ATHs or break down after all the data is digested.

SnP Mini long 1 lot
Closed +7.5p 1 lot

MNQ Micro Long last lot
T1 +15p 2 lot
T2 +33/35p 2 lot
1 left for 20K zone. WR1 & DR1 & +0.5% & BRN (4 RS levels)

Reached and closed at WR1 level

Only the DOW is still a little under water on the Monthly TF. Close to ATH

SnP +1.75%. Close to ATH

NQ +2.45%. Still 5% (1000p) to go

DOW MYM Long last 4 lot
T2 +62p 3 lot
1 left SL BE

DOW YM MIni long 2 lot and closed +35p

MNQ Long 19.868 last lot from -0.25% level
Last lot closed +22/23p

NQ Mini Long 1 lot and closed +11p at DPP level

MNQ Long 686 last 2 lot

Closed +29/30p last 2 lot
Above 725 likely long again

MNQ Long 728 last 3 lot

T2 +13p 2 lot
1 left SL BE zone
Target 19.800 zone -0.5% & DS1 & BRN & Single TPOs to cover up to 850

Closed at 752. 50s always a hesitation/possible flip point

MNQ Short last lot

Target 650>>>>600 zone -1.5%

Closed +54/55p at 650 zone

1. Fed Chair Jerome Powell will deliver his policy speech at 10 a.m. ET from the central bank’s annual conclave in Jackson Hole, Wyoming.
2. For all the attention being paid to the presentation, the chances of it containing any startling news seem remote.
3. In previous years, Powell has used Jackson Hole speech to outline broad policy initiatives and to provide clues about the future of policy.

Markets are decent bullish again.

DOW could pull back to 40.400 to close its GAP at +/- 50% of Aug 05 up move
Up target ATH at 41.700 zone. (2% to go. Could be done in 1 day)
Needs to get above 41K for more buy MM.
In the possible second positive ending week now.


SnP could pull back to 4400 to close its TPO GAP at +/- 60% of Aug 05 up move.
Up target ATM at 5725 zone. (2% to go. Could be done in 1 day)
Needs to get above 5650 for more buy MM.
In the possible second positive ending week now.


NQ could pull back to 19.300 to close its TPO GAP at +/- 60% of Aug 05 up move.
Up target at ATH at 21K zone. 7% to go. (never in one day)
Needs to get above 20K for more buy MM
In the possible second positive ending week now.

In about 80% of the trading weeks a positive closed week/candle is followed by a consequetive positive week/candle
and a negative closed week/candle followed by a consequetive negative week/candle.


All depends on how Powels speach is digested.

CNBC:
For all the attention being paid to the presentation, the chances of it containing any startling news seem remote.

SnP/ES Mini Long 5607 1 lot
Closed +7.5p 1 lot

SnP/MES Long 5605 last 2 lot
T1 +6p 3 lot
T2 +7p 1 lot
1 left SL BE

MNQ Long 19650 last lot
T1 +15/16p 3 lot
T2 +39/40p 2 lot
1 left
Closed +32p last lot

Above 19.700 likely long again
Target 750<>800 zone

DOW/YM Mini Scalp Long 40.892 last lot

Target 40.950 +0.25% zone

Closed at target 40.952

Still in Swing longs from Yesterday.

Around the 40% to 60% recovery of yesterdays down bar.

MNQ Long 19656
T1 +92p 4 lot
1 left

MES Long 5607
T1 +19p 4 lot
1 left

MYM long 40.900
T1 +82p 4 lot
1 left

MNQ closed at DR1/+1.5%/19.890
MES closed at 5655 +1.0%/WR1
MYM closed at 41.240 +1.0%

Federal Reserve
Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’


Points

1. Fed Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.
2. “The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming.