NQ Journal

[increasenow]

A journal totally dedicated to CME Globex emini Nasdaq (NQ) trading...started Wednesday October 17, 2007

1 point = $20
1 tick= $5
spread=.25

futures index value= 20 X index value

Leverage approach: $300 or $500 daytrade margin...more information to come...

 

[increasenow]

First NQ trade: September 2006

3 minute and 3 point profit for $600...9:00AM to 9:03AM

 

[increasenow]

Quote from increasenow:

First NQ trade: September 2006

3 minute and 3 point profit for $600...9:00AM to 9:03AM

threw 10 "Cars" (contracts) at the above that led to that profit...

 

[increasenow]

Quote from increasenow:

threw 10 "Cars" (contracts) at the above that led to that profit...

it was, "All in" and "all out"...no scaling in or out...

 

[increasenow]

www.powershares.com lists all the components of the QQQQ Nasdaq 100 index of which the NQ tracks etc.

 

[increasenow]

IMPORTANT: Disclaimer (read)...

The content on this journal is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.

 

[increasenow]

VXN = Cboe Nasdaq Volatility Index
10-11-07 ATR= 24
10-11-07 Vol%=11.44

 

[increasenow]

NQ and QQQQ are leading today after massive friday USA selloff and Asian selloff

 

[increasenow]

been hitting various s/r all day..true to them...anybody seeing the same for the NQ?

 

[Wittgenstein]

Quote from increasenow:

threw 10 "Cars" (contracts) at the above that led to that profit...

What's your margin - and commission?