Scalping nq reddit. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. I scalp. The dollars per tick is $12. For ES I’m using 1000 - 2000 tick and CL Renko charts. MA Crossover Buy Alerts -- see below. No indicators other than ema’s for spacial reference. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. 20 to 40 round turns/day, 4 to 10 contracts/trade depending on volatility. On the 2m, it basically functions as a nice pullback entry in a trend. r/FuturesTrading is a place to discuss futures, commodities, etc. I passed my prop firm challenges trading. Fees 3,98 round trip so winning trade using 1 contract: $56,02 and losing trade: -$103,98. Long-term drawdown are a beast I am looking to expand the futures instruments I trade from my regular go to of ES and CL and want to look into trading NQ and GC. The tick size is 0. Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. Where as time based charts print candles at exactly the same intervals every time, easier to track and prepare for. Settings for each of the scripts. S&P 500 - ES: The most liquid futures index. Price Momentum Oscillator (PMO) Overload. My main strategy grows my account slow, so I decided to try scalping on NQ Futures and I’ve been 100% accurate on all my trades the last two days and I damn near could have passed my funded challenge sooner if I did it on that account. Considering 80% of breakouts fail, you can scalp a range of two pts from two to five times before you're wrong and the trend breaks out in the opposite direction or you can get lucky and it breaks out in your direction. I will stick with regular charts, volume profile and /NQ from now on. There is no such thing as a 80% 1:1 R:R strategy. Quick to use BE, lots of +2, +3 +6 trades as I lock-in profit quickly, but generally looking for next micro s/r to get out around 20 to 40 ticks profit, sometimes 80-100 Scalping has nothing to do with how much you make on a given trade. I was simply correcting your idea that there is "no such thing" as scalping the NQ for 1 point. I just wanted to know where my focus should be if I wanted to trade long term and eventually as my primary source of income. Well I wouldn’t recommend scalping the NQ starting off to someone new. Designed for NQ 1m, but I see good, bigger trades on 2m as well (I have only traded it on sim thus far). Main strategy is always think “at what point is everyone long getting stopped out?” Then go long there (and vice versa). Trends extremely hard. I really like scalping ES for 2-4 points at a time continuously throughout the day but I also find trading 2:1 RR minimum on NQ feels so much better to play entering on continuation and wicks. One thing i will do in the future is wait 5min at least, when i lose a trade, so i can get into the next trade without having psychological issues. 50 for ES and $5 for NQ, so my cost to enter/exit using a market order is 2. It is looking for opportunity in the moment with a focus on a short holding time. Sometimes I'll take a look at bonds if the interest rates are being adjusted. NQ has the highest volatility and will definitely give you anxiety especially if you’re holding trades unless you got money like that I scalp NQ. I trade NQ using order flow and a 7. If that happens to be 3pts or 15pts in nq, it doesn't matter. Do that 3-4 times a day and you’re good. Anyone with a large account can move the price significantly, and it can bounce back just as quick. Obviously if you are holding for 1 hour, it's not a scalp. NQ for me always. The strategy is simple : if the price wants to go up and is succeeding - I go long and stay with the rid I scalp NQ exclusively, generally on 30 second charts. NQ can be moved by anything, so scalping small moves feels much more like gambling than scalping the ES. To me, a scalp is 5 pts or less on the ES. 5-10pt stop. Apr 13, 2019 · Can anyone recommend full Auto and semi auto strategies for NQ & ES, for scalping, intraday and swing? Are there any specific ones that are 'known/popular' that have good performance' within the community here I should know about? Apr 19, 2022 · I coded it for thinkscript and figured I should share it with all you wonderful people here. 25 for both ES and NQ, but ES is at 4000ish and NQ is at 12000ish, so the relative tick size is 3x larger. It does require patience and some understanding of price action. Even the big boys understand the market is not predictable beyond 5 minutes. You have to be picky on your entries though. 25 on their free plan. And especially when trading the micros. Yes you can if you're good. Share futures trading insight, tips, and your trades! I'm looking to add some scalping into my trading toolbox & would love to know why you scalp a certain index and why. Here are the ones I'm most interested in. DAX - FDAX: Quite liquid. R:R is around 0,54. And also “what people are thinking right now ‘its just a pull back, the NQ couldnt possibly go I don't use time charts shorter than 5 min. It's not a huge edge, but it is a REAL edge. I started as an options trader in 2021 and quickly realized that I gravitated towards scalping methods and am looking for some resources for good NQ scalping strategies. Like ES it pushes through more market orders than what you see on the bid/ask at each price level so both are plenty liquid, but NQ tends to slip a lot more as MM's/retail pull orders and if you can scalp those inefficiencies they it can be a good time. Currently I use ATM strategies thatI have set up on Ninja trader adjusted for market conditions, so I have take profits set at 5 , 10, 12, 20 ticks with stop loses equal so 60-80 trades a day is just way too much, even for scalping. My win rate is 72%. I agree that the number of points of a scalp is smaller than what everyone says. Price action and momentum coupled with experience. Not too volatile. It's normal to have 80-90% winners scalping, but along with it comes an inverted risk-reward ratio. No matter how good you are, commissions will eat you alive. I was not speculating about this. I trade with about 3-6 MNQs and I can make like 200-300 a day. Some scalp 1pt. NQ scalping. If you're prone to letting a scalp turn into a swing trade when it does something unexpected, you're bound to take huge hits or even blow up when it goes too far. If you scalp /NQ, TD requires $17600 margin, whereas Tradovate requires $550 during market hours, $1000 overnight (but I think full margin that CME requires if you hold through daily close). good luck capturing that with the way NQ moves. For ES they are fine because it is a back and full high liquidity instrument which moves only a handful of points compared to NQ/YM. So if I’m up like 7-10 points, I sell. Means I need a 65,4% win rate to break even. I'll play around with RTY and platinum since the move a little different than the rest. I am a CME member and lease an IOM seat. Nasdaq - NQ: Very liquid. Taking a little off the top. I normally trade NQ, ES, gold, silver and copper. Scalping NQ Highs with Volume Profile. 5x higher for ES. ES offers some very obvious scalping set ups when Liquidity is high and volume is medium, NQ offers some large wins very quickly, so depends on the day, a very slow day on ES with high liquidity and very low volume ya by all means NQ may give some more chance with more chop but on a day with low liquidity and high volume, NQ is just too fast Try trading different products. Leads all markets. Scalping is consistent with a high win rate. I personally only enter trades near support/resistance, unless I see a large move and jump in just to scalp a few points. My view is scalping NQ would leave a lot of money on the table with disproportionate risk. Nov 28, 2023 · I tried to keep it as simple as possible. TD fees and commissions are $7 round trip, whereas Tradovate is about $4. Follows the S&P. For me personally, I have moved from ES to NQ. Nov 19, 2009 · In my experience, NQ breakouts on long timeframes (30 min or higher) combined with S&R analysis is easier than scalping. no way it can be done consistently. I take profit quick because NQ moves fast where one big green candle can instantly be sold off. I prefer a scalping strategy which is what I trade currently with ES and CL. I scalp NQ with 12 tick TP / 20 tick SL. If NQ is being choppy or ES is slow as hell, try gold or silver. The effect is that NQ will travel about 3x more ticks per percent of price movement. Extremely spikey. It uses the following scripts. I bounce between 10 products. Edit: A better idea to focusing so much on the points is to focus on the price action. If you're unfamiliar with this chart the letters represent 30 minute bar charts with each letter group representing one 30 minute period. If you want to actually net a profit, you need to focus on high quality setups, ie setups that are both clear (not iffy) and have lots of confluence (multiple things lining up telling you the same thing). NQ whips around so fast that I’m not sure I’m looking at the right kind of chart. Here is a simple scalp setup using Volume Profile that I used during today's RTH session on NQ. Beyond that I use 30 tick range chart with NQ and 10 tick with ES. Someone tried to tell me they were scalping 10 to 15 pts on the ES. Tick charts move too quickly for the number of contracts traded when NQ is moving properly. Of course, scaling up the same is true for the ES, but it just happens less frequent. 7-10 moves are easy for NQ even on choppy days. NQ has great volatility, but to keep my funded accounts, I switched to ym and ng I've noticed nq highlights my two biggest weaknesses as a trader, fear, and greed I named my cat Nasdaq as a compromise, but nq isn't for me. I hope this helps someone and I look forward to feedback. 10 to 15 pts is not a scalp. The NQ moves for a reason; the book is super thin. You can scalp trends and broad channels and you can even scalp sideways 2 pt range moves. With /ES, I never could consistently reach my take profit targets without getting stopped out, even with scalping. Kinda like how my wife scalps my paycheck every week. Maybe bigger on the NQ. But with /NQ, I have found that it’s more reactive to certain levels and I can get in for a quick 10 or 15 point scalp and be done for the day. For all the people who say you can´t be profitable with trading a ton. It's a more orderly instrument. . Stick to the ES or DOW first then move in to the NQ but eventually trade all of the them. qahishjwunxwzbojpughwokwvrfvocqvhnesvryxpiqpkudrdldtx