HomeUseful LinksIndex ChartsMarket CallSP 500 ema TrendIIC 100 New HighsList Converter ToolHazardous To Your Wealth?Cups with HandlesPivot Point CalculatorIndex ComponentsBank FailuresShadow Gov't StatsMarket TrendTrading QID/QLDTrading QID/QLD Cont'dOnline Broker DirectoryMiscellaneous StuffIndustry Groups

Miscellaneous Stuff

I use this page for miscellaneous stuff that I want to post on forums and chats...I can post it here and then post a link. Most of it will be removed after a short period of time.

9-20-09...Today I would like you to take a look at a Daily Chart of the Q's which goes back to late December. Sorry that the chart is so large but I want you to easily see the detail.

Image Hosted by ImageShack.us

9-7-09...Besides watching the 11 Naz 100 heavyweight components which represent over 55% of the Index weight (ticks and sales), QQQQ, QLD, QID Time & Sales, Market Movers and Volatility Indices below are typical charts I use in day trading QID/QLD:

These are 5 min charts for QID and QLD on each day last week...I usually use 1 min charts which means many more trading opportunities but less avg. profit per trade. Also, remember that the indicators only show you where they ended during each 5 min. time frame so exact buy points cannot be determined on these charts (also, on a few my lines moved a little when I copied the charts and may be one candlestick off.

Here is what we are looking for as a potential buy opportunities (indicated by the green vertical lines):

CCI 20 is headed up
MACD 2,13,12 is headed up and we prefer green bars
TRIX 3,2 is greater than 0 and headed up
TRIX 5,2 is headed up
ADX 7 is headed up and +DI > -DI
SLO STO 8,3 is headed up
Slope 10 is headed up

Unfortunately I cannot recreate what the Time & Sales and Market Movers were doing at the time. Using these will reduce the number of trades but I believe will increase your percentage of winning trades. I also avoid the first 20 to 25 mins of the trading day due to the volatility.

Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us Image Hosted by ImageShack.us