NQ Nasdaq 100 Futures Trading
Cronicle of trading in NQ 30 min breakout system, popularised by A Zuckerman of Realitytrader.com, WoodiesCCIClub patterns provide entries. Charts generated by Medved Quotetracker (www.quotetracker.com) Disclaimer: Nothing on this page constituutes advice to buy or sell financial instruments. The contents are for educational purposes only and are a personal journal.
Friday, August 26, 2005
20050826 1) EMA levels 1570 1572 1574.50 2) Consolidation trade into previous day close 3) Opening 30 min range 1561-1567. Trade was to short the downside breakout, but weak momentum meant did not reach T1 or T2. NQ daily chart
Wednesday, August 24, 2005
20050824 1) EMA levels 1576.50 1577 1579 2) Strong close into previous day close 3) Opening 30 min range 1568-1573. Trade was to long the upside breakout, but with the moving averages in the way, pass on the trade, which did turn out to be a good one.
NQ daily chart
Tuesday, August 23, 2005
20050823 1) EMA levels 1578.50 1581.50 1581.50 2) Strong trade into the previous day closing 3) Opening 30 min range 1575.50-1583. Trade was to wait for a 2 NQ pt break out, cuntering with a long trade with stop at low, stopped out.
NQ daily chart
Monday, August 22, 2005
20050822 1) EMA levels 1580.50 1581 1582 2) Consolidation trade into previous day's close 3) 2 trades, first upside breakout without reaching the targets, 2nd downside break had bit more momentum, almost to T1. Mainl due to the 9 pt range.
NQ daily chart