Thursday, October 2, 2008
NQ, NQ QQQQ, QID stock trading: Market Timing Experiment (Thursday October 2, 2008)
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10:11AM: with NDX at 1520, we are starting to scale in on long side with NDX (NQ, QQQQ)
10:25AM: with NDX at 1515, we have just completed entry of half intended size. Just in case the market breaks down suddenly we have place order to buy the second half in area 1480.
11:15AM: with NDX at 1506.ish, we completed the entry. The orders to enter in area of 1480 have been cancelled.
We are predicting the beginning of a rally between today and tomorrow Friday.
11:48AM: NDX is now at 1522. All entries (read above) are profitable.
11:49AM: PROFIT TAKING: with NDX at 1523, we took half of the part of the position (we entered at 11:15AM), off. We are putting orders to get back in the area of the current low, plus 1 to 2 points (around 1505).
10:25AM: with NDX at 1515, we have just completed entry of half intended size. Just in case the market breaks down suddenly we have place order to buy the second half in area 1480.
11:15AM: with NDX at 1506.ish, we completed the entry. The orders to enter in area of 1480 have been cancelled.
We are predicting the beginning of a rally between today and tomorrow Friday.
11:48AM: NDX is now at 1522. All entries (read above) are profitable.
11:49AM: PROFIT TAKING: with NDX at 1523, we took half of the part of the position (we entered at 11:15AM), off. We are putting orders to get back in the area of the current low, plus 1 to 2 points (around 1505).
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