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QQQ Trade Plan/ levels
Levels:

Demand:

  1. 364.59 to 366 (H1)
  2. 364.59 to 365.43 (M15)
  3. 363.34 to 364.37 (H1)

Reversal levels:

Demand Zone one:
  1. 364.73
  2. 364.86
  3. 365.06
  4. 365.32
  5. 365.60

Demand zone three:
  1. 363.50
  2. 363.91
  3. 364.32

Supply:
  1. 369 to 370.28 (H1)
  2. 369.41 to 370.28 (M15)
  3. 370.84 to 371.88 (H1)
  4. 371.32 to 371.88 (M15)

Reversal Levels:
Supply zone one:
  1. 369.50
  2. 370

Supply zone three:
  1. 371
  2. 371.69

Market News:
  1. FED Minutes 2:00

Trade Plan:
If the market comes into your supply and demand levels wait until price hits a marked reversal level and presents the following three things, reversal volume, reversal candle and is within a predetermined reversal zone. Until you get one of those wait until this is presented. Do not trade until 10:00 to ensure you get an idea of what to expect for the day. Keep in mind that FED minutes is at 2:00, there might be volatility then and it might be a good idea to exit positions by
then.

Risk Plan:
​Only trade with a contract size of 1. Only take two trades. If the first trade is massive winner take only one trade, if second trade is a bigger loss than expected then do not trade the second trade. Be patient and only take A+ setups.

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