# NQ Trading Strategy: Non-Farm Payroll Day (10/4/2024)
## Market Expectations
On the upcoming Non-Farm Payroll (NFP) day (10/4/2024), we anticipate the following market behavior for the NASDAQ-100 futures (NQ):
1. **Pre-Market Activity (After 8:30 AM EST):**
- Expect a potential surge in liquidity, driving prices higher following the NFP news release.
2. **Market Open (9:30 AM EST) and Beyond:**
- Anticipate a retracement back into the established range.
- Look for a possible test of the lower support levels as indicated in the accompanying chart.
## Trading Approach
NFP days can present volatile and challenging trading conditions. To navigate this effectively:
1. Develop a comprehensive trading plan.
2. Outline multiple potential scenarios.
3. Enter the trading session well-prepared with clear entry and exit strategies.
Remember: While this analysis provides a framework, always adapt to real-time market conditions and manage your risk accordingly.
## Market Expectations
On the upcoming Non-Farm Payroll (NFP) day (10/4/2024), we anticipate the following market behavior for the NASDAQ-100 futures (NQ):
1. **Pre-Market Activity (After 8:30 AM EST):**
- Expect a potential surge in liquidity, driving prices higher following the NFP news release.
2. **Market Open (9:30 AM EST) and Beyond:**
- Anticipate a retracement back into the established range.
- Look for a possible test of the lower support levels as indicated in the accompanying chart.
## Trading Approach
NFP days can present volatile and challenging trading conditions. To navigate this effectively:
1. Develop a comprehensive trading plan.
2. Outline multiple potential scenarios.
3. Enter the trading session well-prepared with clear entry and exit strategies.
Remember: While this analysis provides a framework, always adapt to real-time market conditions and manage your risk accordingly.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.