Friday, August 05, 2005

1) EMA levels 1617.50 1620 1621.50 2) Consolidatin trade into previous day's close 3) Opening 30 min range 1612-1620. Trade was short the break out on the downside, but momentum was muted, neither T1 or T2 hit, with small profit. Posted by Picasa

NQ daily chart

Thursday, August 04, 2005

1) EMA levels 1630.50 1629.50 1627.50 2) Strong close trade the previous day closing 3) Opening 30 min range 1622.50-1626.50. Trade was to short breakout on downside First trade stopped out, 2nd reentry short T1 and T2 hit. Posted by Picasa

NQ daily chart

Wednesday, August 03, 2005

1) EMA levels 1628 1624.50 1621 2) Consolidation trade the day before 3) Opening 30 min range 1624-1627. Trade was to long the breakout to the upside. T1 and T2 hit. Posted by Picasa

NQ daily chart

Tuesday, August 02, 2005

20050802 1) EMA levels 1617 1616.50 1616 2) Stong closing trade the previous day 3) Opening 30 min range 1615.50-1622. Trade was to long the breakout on the upside with T1 and T2 met. Posted by Picasa

NQ daily chart

Monday, August 01, 2005

20050801 1) EMA values 1616.50 1617.50 1617.50 2) Consolidation trade the previous day 3) Opening 30 min range 1614.5-1619.5. Trade was short the breakout on the downside, but folow through limited targets not reached. Posted by Picasa

NQ daily chart