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A recap of my NQ trading following yesterday's analysis

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Trade setups with results and true example of how you could have traded the NQ futures intraday

Yesterday after the market close I had written an article on trading the NQ with distinct price levels and guidance both for intraday and swing traders. That article published free for you intraday traders is right here ----> In my trading yesterday and for my subscribers, I elected to take a "Market-on-Close" entry long with 3 NQ contracts long from 6310.50. Recognizing that the overnight price action is succeptible to swings especially on a day where price trended nicely lower during the day session, I placed my stop agressively at 6285. The swing low in the overnight move cycling lower, stopped at 6289 and did not take my stop. This allowed me to carry this trade into the day session and exit a few minutes into the cash session for a handsome +$1,800 win. That trade result is also presented in the account statement below. No big feat, I hear you say. Well, just based on that guidance from the report I wrote up yesterday you could have traded entirely intraday had you missed out on my swing trade opportunity. In yesterdays report I stated that price action was likely to attract buying between 6330~6340 with resistance then between a wider band between 6370~6390.

With this in mind, I've coined the entries and exits for you using my favorite chart pattern for intraday trading with the best setting on a set of tick based bars. Take a look at the image below, trading just the one contract you could have easily bagged over $1,100 and be done in less than 2 hours of trading, all the time risking just the 1 contract and using the early off-the-bell trade to setup a cushion for your intraday target trade!

We trade in this fashion virutually everyday. If you are interested in subscribing to non-nonsense trade guidance which gives you and entry and exit strategy with succinct price levels ahead of the market open, email us at For less that $6.75/day, we give you the opportunity to make a lot more and take most of the day to go about your daily business or whatever it is your mind sets to do!

Intraday Trade Example 11-30-17

Swing trade result (NQ) - Actual Account Statement from my Thinkorswim account

Account Statement

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About the author

Murali Sarma, Vice President of Business Integrations Inc., is an internationally known commodities analyst, author, trader and business consultant who has demystified commodity trading and introduced numerous futures trading strategies and indicators to traders - professional, non-professional and the novice trader - throughout the world. Murali began his trading career in the pre-dot-com bubble in 1998, electing to seek instruments to trade which had lesser volatility and offered more predictable analysis. From about 1999 to 2002, Murali traded out of the UK and moving to the US after that and working mostly independently with individual traders while learning from some of the best analysts and traders. While not being formally certified as a commodities trader, Murali preferred to hone in on his analysis and trading skills versus adding academically to his credentials. Murali believes that is isn’t about being right or wrong on your calls, it is about making money!

Murali has helped several traders become successful over the last 10+ years of active futures trading and has a strong following of traders who like to seek out opportunities in the futures markets on a daily basis versus following the old “buy & hold” investing adage. While not being opposed to switching hats and becoming an “investor” every so often with swing trades in the equities markets, Murali prefers to trade what he can see on charts using multiple timeframes and handcrafted indicators suited for all types of markets. Murali excels in trading sideways and choppy markets with a scalping style of being in-out of intraday markets when there is no defined trend, and on most other days prefers trading to his own computed target levels during the intraday timeframe, while following the trend.

In recent months, Murali has started a Twitter based alert service for intraday futures traders who like to trade commodities and index futures, and elected to blog post his daily analysis in commodities like WTI Crude & Gold and index future instruments like YM, NQ, ES & RTY. You may contact him via his email at

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