So I just spent 20 minutes drawing all sorts of lines on a chart, removing them, putting new ones on, and just extrapolating sort of just to have something to do while my position simmers. I am thinking 15,000 sometime between middle of May and middle of June. Anybody have a similar hunch? I read one forcast calling for a high of 15k during April. I really don't see that, but maybe...? I'm holding a couple contracts MNQ. While holdiing some I am also buying dips and selling peaks against a Bollinger Band indicator on a one hour chart but I plan on staying in with some contracts while I make my chump change on the noise.
15k NASDAQ? If so, When?
- Thread starter GrowleyMonster
- Start date
I just went long on Sep MNQ at an all time high, mostly. This is your sign to fade it 10 percent.
when it gets above 14999.99.
I prefer it to go below 10 000.00
better still below 1 000.00
CME direction is always to make tick size smaller and smaller.
Eurex has already made dax tick size coarser.
currently, there are simply too many digits ( 7 digits!!!).
elderly people have problems with eye sight.
better still below 1 000.00
CME direction is always to make tick size smaller and smaller.
Eurex has already made dax tick size coarser.
currently, there are simply too many digits ( 7 digits!!!).
elderly people have problems with eye sight.
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Okay, thanks for that. Just wondering... do you have a stop under any of your MNQ action, mental or otherwise? I got one but it is kinda low and only on half my total position, basically just a disaster preventer
Not really. The only stop I have is the expiration date, which will be in middle of September.
When I look back over the years, I feel so sad. If I had just followed the plan. UG!
best thread in a while right here
Meh. I'm out until it starts moving some direction other than sideways. I made my 1% today on the noise, but I friggin had to earn it.
@maxinger you're right, it was a lot easier to trade when it was under $10k. A license to print money. And it had plenty of headroom. I still think it will hit 15k, though. One last big gasp before it drops and flops.
Okay I think I'll go fishing for a bit. My lawn chair and fishing pole are calling.
@maxinger you're right, it was a lot easier to trade when it was under $10k. A license to print money. And it had plenty of headroom. I still think it will hit 15k, though. One last big gasp before it drops and flops.
Okay I think I'll go fishing for a bit. My lawn chair and fishing pole are calling.