It stays sideways after the selling pressure from the open and went down hard as show from this 5-min. chart.
Sell short is the trade of the day as shown from the top arrow with the cover below.
Thursday, May 3, 2012
NQ (QQQ) Thursday Trade Setup
The market went down today and shows some selling pressure.
It stays sideways after the selling pressure from the open and went down hard as show from this 5-min. chart.
Sell short is the trade of the day as shown from the top arrow with the cover below.
It stays sideways after the selling pressure from the open and went down hard as show from this 5-min. chart.
Sell short is the trade of the day as shown from the top arrow with the cover below.
NQ (QQQ) Wednesday Trade Setup
The market open below yesterday's open but recovered after an hour or so.
The bears run out of support and most participants revert to the bulls side and the market turn upside.
Shown is the 5-min. chart with the entry setup pointed in an arrow at the bottom.
Notice the big green candle with a long wick tail at the bottom showing the market is on the reverse mode.
Trade what you see as the saying goes.
Exit the trade before the close and enjoy your profit!
The bears run out of support and most participants revert to the bulls side and the market turn upside.
Shown is the 5-min. chart with the entry setup pointed in an arrow at the bottom.
Notice the big green candle with a long wick tail at the bottom showing the market is on the reverse mode.
Trade what you see as the saying goes.
Exit the trade before the close and enjoy your profit!
Friday, April 27, 2012
ES Setup Trade
The market made a tight consolidation today, and made a nice entry setup from this 5-min. chart.
Being patient in finding and waiting for a high probable setup can be a profitable trade.
Like this one!
Being patient in finding and waiting for a high probable setup can be a profitable trade.
Like this one!
Monday, April 23, 2012
QQQ (NQ) Short Trade Setup
The market tumble today and made a short quick entry from this 1-min. chart of NQ Futures similar to QQQ etf.
In this kind of market environment, applying quick trade is the only way to take the market offers.
The short entry was at the upper arrow and the cover position is at the lower when it tries to recover.
In this kind of market environment, applying quick trade is the only way to take the market offers.
The short entry was at the upper arrow and the cover position is at the lower when it tries to recover.
Friday, April 20, 2012
QQQ and NQ Trade Setup
Showing high probability trade today for the QQQ etf and the NQ Futures.
The market went up in the open but was not able to sustain its momentum
It runs out of gas in the mid day trading, probably traders take their loot before lunch and went on drinking spree early.
The best trade is to put a short position as shown from the arrow while traders went home already.
Exit the trade before the close and enjoy the leftover loot.
That's how in trading, even the big traders are out already you can still capitalize from their leftovers.
The market went up in the open but was not able to sustain its momentum
It runs out of gas in the mid day trading, probably traders take their loot before lunch and went on drinking spree early.
The best trade is to put a short position as shown from the arrow while traders went home already.
Exit the trade before the close and enjoy the leftover loot.
That's how in trading, even the big traders are out already you can still capitalize from their leftovers.
Thursday, April 19, 2012
NQ Trade Setup
Early trade in the open can make you a good profit if you can capitalize on the price action.
Showing the 2-min. chart of the etf QQQ similar to the Nasdaq NQ futures the two trades.
Showing the 2-min. chart of the etf QQQ similar to the Nasdaq NQ futures the two trades.
Wednesday, April 18, 2012
YM Trade Setup
The market made a choppy move today for it run out of gas from yesterday's breakaway.
And also due to some unfavorable earnings reports from other leading stocks.
Showing here an entry setup for a long trade.
The 3-min. chart here from the YM futures market shows an interesting pattern for a bullish trade.
A mini cup and a handle formation.
The entry is at the lower arrow and just monitor it till you meet your desired profit.
And also due to some unfavorable earnings reports from other leading stocks.
Showing here an entry setup for a long trade.
The 3-min. chart here from the YM futures market shows an interesting pattern for a bullish trade.
A mini cup and a handle formation.
The entry is at the lower arrow and just monitor it till you meet your desired profit.
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