Case Study With NonFarm Payroll & NQ Futures \ August 07, 2026

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Summary:

– The speaker reviews NASDAQ price action on non-farm payroll (NFP) Friday and strongly warns inexperienced traders not to trade on Thursday/Friday of the first week of the month because NFP creates extreme volatility.
– He uses a pre-market range from 7:00–8:30 a.m. ET (highest high and lowest low) to define the “dealing range” and guide trade expectations ahead of the 8:30 NFP release.
– He had posted a target level of 29,780 and explains how price interacted with that level during the morning: initial consolidation, a rally into the target, then a macro-time (8:50–9:10) reversal—consistent with NFP’s typical two-stage move (initial spike then retracement).
– He describes his trade mechanics and tools: algorithmic projections, standard-deviation targets, Fibonacci anchoring, concepts like buy/sell-side balance, fair-value gaps, encroachment/octants, and liquidity runs. He entered a demo (paper) long on three contracts, took a partial profit around the halfway point, and emphasized conservative sizing and risk management.
– He recorded and will annotate the session for further teaching, and closes with personal notes (birthday tomorrow) and well wishes.

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