Friday, February 18, 2005


20050218 Target 1520.5 hit, after missing stop by 2 ticks A shamu woodiescci pattern coincidesPosted by Hello

NQ daily chart


20050218 Took the counter trade Short @ 1524.5 Stop 1527.5 Target 1520.5 Posted by Hello

NQ daily chart


20050218 Op range 1519.5-1524. Got some mov averages above 1524.5, so I will wait to do a counter the breakout of the upside here. Posted by Hello

NQ daily chart

Thursday, February 17, 2005


20050217 Target hit. 1533.5-1534 Posted by Hello

NQ daily chart


20050217 30 min range 1543.5-1550. Short on brk down channel 1543 stop 1550.5 Target 1534 Posted by Hello

NQ daily chart

Wednesday, February 16, 2005


NQ 20050216 Stop loss hit. One of those days where the decision to go with the break turned out to be wrong. Counter trend would have been good. Had about 2.5 pt profit though. Could be that the market is still in tug of war between bulls and bears causing the price action.Posted by Hello

NQ daily chart


20050216 Op range 1539.5-1547 Long on brk out of upper band Target 1557 Stop 1539 Posted by Hello

NQ daily chart

Tuesday, February 15, 2005


20050215 Target hit 1551 Posted by Hello

NQ daily chart


20050215 Opening range 1537.5-1543. Long on break of upper band 1543.5 stop 1537 Target 1551. Sham pattern CCI supports Posted by Hello

NQ daily chart

Monday, February 14, 2005


20050214 15 mins chart. Did not work out as expected, neither stop hit, smal loss on closing Posted by Hello

NQ daily chart


20050214 Trade is Buy on breakout of opening 30 min range 1532-1540 Target 1550 Stop at 1533 Posted by Hello

NQ daily chart

Sunday, February 13, 2005

30 min breakout system

Trades will be taken using the first 30 min range.

Decision will be to
  1. Go with the breakout out of the range
  2. Counter the breakout

Criteria for entry into trades
  • Yesterday's last 90 mins of trade, whether it is consolidating or strong move into close
  • The position of the 15 min, 30 min, 60 min 20 period ema
  • The width of the first 30 min bar
  • A Woodiescciclub pattern

NQ daily chart