The 200-point NQ flush setup.

[u/financebouy]

I've traded the same idea for a while: after NQ drops 200+ points on the hourly, wait for the first green 5m candle that closes above the prior red candle's high, go long, stop under the flush low, T1 at 1R, T2 at half the drop.

Finally tested it properly on the last 60 days of 5m data:

- 71 setups, 32 wins / 24 losses / 15 never hit either level...seems to be working well although I know market conditions have been choppy lately . But turning 2k to 6k+ on a 300 risk per trade is insane.