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Strategies & Market Trends : trading the QQQ

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To: bernard rogers who wrote (338)2/12/2002 4:37:00 PM
From: hypostomus  Read Replies (1) of 714
 
OK, FWIW, here's my anal-wise-sis:

10:12 - Good trade. Sort of a triple bottom there. There was a significant gap, so my rules won't let me trade until after the BS settles out after 10:30.

10:23 - The problem with this one is that price was threatening to break the uptrend line and the longer time frames were against you. Also the daily rang of 30 cents at that point IMO did not support a trade

11:09 - I can't match the time to the trade

11:29 - You had the longer time frames with you, but a big bad block trade marked a low

11:38 - Looks to me like that was at 10:41. What was your logic? Obviously it worked.

2:04 - I don't see this one. I was fixin' to go long there because all four time frames I watch were up.

Re stops, if you'll enter on pullbacks you don't need them. You can usually scratch the trade or lose pennies before it goes badly against you.

No suicide is necessary, just learning. That's more painful anyway, satisfying the most demanding masochist or melancholic.

Tell me what you think.
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