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Strategies & Market Trends : trading the QQQ

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To: bernard rogers who started this subject2/21/2002 3:53:35 PM
From: hypostomus   of 714
 
These trades are best comprehended by putting up a 15sma and a 75sma on a one minute chart:

12:02ET long 34.62 sold 34.70 for 8 cents

12:44ET long 34.67 sold 34.812 for 14 cents

3:03 short 34.18 covered 34.04 for 14 cents.

Can't say much about letting profits run, but the entries were good. You can see the relationship of the entry to the 15ma and the directional support provided by the 75ma.
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