NASDAQ Midnight Bullet
Strategy
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NASDAQ
Rules
. Don't trade this strategy on Friday
. Mark 3pm and 4pm on the chart
. Mark the midnight open price
. Go to the 1m tf and mark highs and lows
. Wait for a liquidity sweep
. Wait for price to make a push back below/
above the liquidity
. Mark up FVG
. If setup is small, wait for a BOS before
entering
. Once price reaches the FVG, take the
trade
. Put stops at the high/low of the liquidity
sweep, and target a 1:2
. You can scale in at additional breaks of
liquidity, and then retests off the FVG,
even though there’s no MSSDon't take trades off of very thin and
small FVGs. They are low probability
When FVG is too close to the liquidity
sweep, compared to the high/low of the
push afterwards, don’t enter
Displacement when sweeping liquidity is a
sign of the trade being higher probability.
Displacement is when price has heavy
volume when creating a BOS
If there is more than one FVG, draw a fib
and enter off of the nearest FVG if price
touches the 50%
Fundamentals
— Fundamentals don't effect this strategyNotes
Price usually consolidates after 4pm, and
spreads open up as well, so close
positions and stop trading before then
Adjust to the volume of current price
action. This will make price less choppy,
and also expose small setups
When stops are large, only go for a 1:2
If an AMD is present, this can be used as
additional confirmation
When a really small FVG setup appears,
wait for a BOS before looking to enter the
setup. BOS and entry from FVG can
happen on the same candle, and still be
valid. Example of when not to enter:
When price creates a BOS, and then
comes back and touches the FVG, even
without a clear move up/down first, it is
still valid
Most liquidity grab setups will present
entries off of FVGs, not OBs