Monday, October 13, 2008
qqqq qid ndx nq trading (stock market october 13, 2008, brokerage trading)
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qqqq qid ndx nq trading (stock market october 13, 2008, brokerage trading):
Since the bottom of Friday was comfirmed, entries on the short side have to be done
at half normal size as this would be against the "new recent trend". Therefore whe we state size, we mean a 50% of regular size.
11:43AM: with NDX at 1367.ish, we are starting to scale in on short side of NDX.
Profit taking (I have other things to do, so I am taking profits as I cannot watch it):
2:32PM with NDX at 1349, we taking the profits on the short position we entered at 11:43AM.
Profits are 20 NDX points. Long live the blog!
Since the bottom of Friday was comfirmed, entries on the short side have to be done
at half normal size as this would be against the "new recent trend". Therefore whe we state size, we mean a 50% of regular size.
11:43AM: with NDX at 1367.ish, we are starting to scale in on short side of NDX.
Profit taking (I have other things to do, so I am taking profits as I cannot watch it):
2:32PM with NDX at 1349, we taking the profits on the short position we entered at 11:43AM.
Profits are 20 NDX points. Long live the blog!
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