Due to liquidity issues and my admiration for tech I am seriously considering slowly migrating to exclusive QQQQ intra-daytrading.
If there is anyone out there who trades the Qs exclusively or at least several times on a daily basis I would seriously appreciate any tips or suggestion based on your experience. Perhaps which charts and indicators the Qs are most faithful too.
Usually when I trade Nasdaq stocks I look at the Qs for guidance. When trading the Qs what is your guidance ? VXN ? TICK ?
Which indicators do you pay more attention to ? Bollinger Bands ? RSI ? MACD Crossover ? Economic Data Release ? Earnings with colors or perhaps dogs ? Stochastic crossover ?
Aside from volume not being a problem I like the idea that no significant information aside from a catastrophe can impact this equity unexpectedly, contrary to say, a company like YHOO or company takeovers, sudden upgrades/downgrades.
Oh well, just mumbling here as I try to put the finishing touches to my trading style.
Again, your help is seriously appreciated and if you cant help well, good trading to you
If there is anyone out there who trades the Qs exclusively or at least several times on a daily basis I would seriously appreciate any tips or suggestion based on your experience. Perhaps which charts and indicators the Qs are most faithful too.
Usually when I trade Nasdaq stocks I look at the Qs for guidance. When trading the Qs what is your guidance ? VXN ? TICK ?
Which indicators do you pay more attention to ? Bollinger Bands ? RSI ? MACD Crossover ? Economic Data Release ? Earnings with colors or perhaps dogs ? Stochastic crossover ?
Aside from volume not being a problem I like the idea that no significant information aside from a catastrophe can impact this equity unexpectedly, contrary to say, a company like YHOO or company takeovers, sudden upgrades/downgrades.
Oh well, just mumbling here as I try to put the finishing touches to my trading style.
Again, your help is seriously appreciated and if you cant help well, good trading to you