Josh Martinez here with trades agency dot com and welcome to this week's idea.

Today's date is October the 21st 2019 and we have a massive follow up with the NASDAQ 100 a minute futures.

We last week.

We're waiting for the perfect time, and now it appears that time could be.

Now remember, this is about 1000 take potential selling opportunity, which could be worth around $5000 with trading one e many contract during entered a hours, which we know some brokers could be upwards of 23 hours a day and has been a $500 investment.

What does that mean in layman's terms that just thinks it is.

If you have $500 average investment, you could potentially make $5000 with the information.

But the share with you right now.

Okay, so this is the daily time frame.

This is the NASDAQ 100 or currently we're on the December contract.

Essentially, trading works relatively straight forward.

You're going to utilize information and areas in the market that create patterns such as we have.

This blue line now knows how the blue line the market falls, the market falls, Market falls, market falls, Martin Falls market falls.

This information has been around since August of 2018.

So lots and lots of history here and can't visually see it may go ahead, make it a little bit easier with by putting arrows on the screen.

So we have 12345 potentially number six now.

Last week, we were literally underneath this blue level.

We said, Hey, we can't really sell the market just yet because we haven't touched it.

Well, now the market has touched it.

It's not what we're looking for is that selling opportunity.

Get rid of one of these.

Okay, Perfect.

So now we're going to zoom in.

We're gonna knows that we have over at one year plus of history of the mark of falling at on or near this top blue level.

And if the market does react bears, we're going to look for this market to react bears towards the bottom blue level.

And this bottom level is going to be the pattern which you turned the market back up.

Now, let's go ahead and bring this in because we're gonna use this low over here from June and watch this.

We're going to see and low a low, low, low and one of the things that you're going to learn them.

Now, I understand if you're new Iraq, even if your experience you may say this markets are random market, this market does whatever it does.

Bubble blower.

Right?

Well, there will be a time where you see, hopefully you see enough patterns to say, Whoa, the market, actually, U turns at on and around the same price points the same angles.

Eyes 100%.

No, but it's pretty darn good.

Look, market touches the bottom level.

It goes up there, the top level goes down touch the bottom level goes up, top level, goes down and and as being a traitor, that's really what you do.

Like you're gonna find these areas in the market and you're gonna trade them until they don't work.

And that's really the specialty of being a trader.

And usually people will use, like indicators, systems algorithm, black boss, black boxes, scanners, whatever to find this right.

So this is a pattern in the market right now at the top of the level, and we're gonna expect this market to come down to the bottom level.

Now that that that happens, that's going to be number one lots of history.

So it's happened already.

What?

12345 be number six already worked five times.

It's just number six, okay?

And the second thing is it's 1000 ticks.

And inside the futures market, 1000 ticks.

Every text worth about $5 on the NASDAQ 100 trading one e many contracts.

That's a $5000 trading opportunity.

Now, I don't like to entrance off the daily timeframe.

I just like to use it for Guilin.

Guidance for direction.

What I do like to do is use the smaller, tiny frame such a like a one hour tigers or smaller to help me find my entries.

Essentially, what I'm gonna do here is I'm gonna take in consideration that the market is more likely gonna fall 1000 takes based upon the larger timeframe, saying so Okay.

And so now I'm going to go to my daily type, and I'm just gonna look for a bearish trend of former Essentially.

See how the markets making lower lows, lower highs over here.

I'm gonna look for the same thing to start over here.

So all I'm gonna do is zoom in office one hour time frame.

I'm gonna make the council is a little bit bigger, so we can all see it.

And I think we're starting to see right now.

Is that potential downward trend?

So notice how this market is already making lower lows, lower highs, lower lows, lower, high.

So this low is lower in this low, this highs lower in this high.

And so in theory, right?

If this high, or if we form a high lower in this high, the market should continue to fall.

So lower lows, lower highs, lower lows, lower highs.

The big question is, how do we know when to sell it, right?

Because that's going to be the big challenge.

What do we sell it now?

One of things that you can do is used what's called a counter trend line.

Essentially, you're gonna draw an upward movement, an upward trend line that's going to counter the big picture so that if the daily timer says, Hey, we're gonna fall 1000 fix any uptrend, you bring in off the smaller tigers refer to as a counter trend line.

And if the market closed below this kind of trend line, then we're good to sell right, because the market moves in ways we've seen this happen a handful of times thus far.

Where if we would have just sold the market when the market broke these counter trend lines at the high price from the daily timeframe, we could have been in a position of great abundance.

And it's already worked 123 times.

We're just waiting for number four entries.

Could be as soon as the market closes below the counter in line stops could be above the previous highs.

Just understand that we're not going to see 1000 take straight line move.

The market's gonna move in waves.

So bringing in Fibonacci is bringing in your favorite indicator system algorithm.

Will what?

Not That could also really help out quite a bit.

So once again, where we looking at, we're looking at the NASDAQ 100 e.

Many future off the daily time frame.

The market is at the top of the blue level, which we know has lots and lots of history of falling and the market does fall.

The bottom level, that could be over 1000 tex of opportunity.

Now, if you go to trading view dot com and on trading view dot com, you look up my name.

Josh Martinez.

I just posted this idea.

You could get this exact chart.

You can get my notes and you get my lines and you can see it.

You can see all before us.

And all the after is this is this week's idea with Josh Martinez, and we'll see you on next week on Monday.

CIA.

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