ShepWave.. Short Term Trade Entry NOW.. NDX.. QQQQ.
by ShepWave.com
Posted: 10/5/2006 14:43 EST
I have published today's short term update to give another 'precise' short term trade entry. I have made a decision that since our mid to long term trading positions are in the red.. to try to maximize on the short term conditions of the market to lock in some quick profits. I would do this all the time.. but quite frankly.. it takes too much time. So for a short period I will be trading shorter time frames with some quick opportunities.. These trades will be exact in nature.. precise stop and perameters. Today's short term opportunity is another trade in the NDX. There are many vehicles to use.. one possibility is by trading the QQQQ. The short term trading opportunity of the past 2 days net a profit of over 50 NDX points.. Note: 40 NDX points = (roughly) a 1 point move in the QQQQ.
These Short Term trades are not in the Trade Diary YET. So.. read the update for charts and exact specifications of the trades.
Click here for today's Short Term Trading Opportunity. Click image below to join CLUB EWI.. it is FREE.
Click link below for EWT Books.
Browse through our BLOG for recent trade data. When the Dow Industrials Index recently hit a multi-year high in May the Financial Television Channels were pumping the rally. Flashing a ticker showing how many points to a new all time high. Who did this help? Click here to see one of many updates published that week showing our analysis and how we were positioning ourselves to PROFIT from the upcoming turn. Are these Financial Information channels helping the average investor or perpetuating denial as to the mid and longer term direction of the U.S. Markets? Click here to read our update from May 13, 2006. TARGETS HIT.
|
Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
![]() |
About my BLOG |
|
|||||||||
Su | Mo | Tu | We | Th | Fr | Sa | |||
1 | 2 | 3 | 4 | 5 | |||||
6 | 7 | 8 | 9 | 10 | 11 | 12 | |||
13 | 14 | 15 | 16 | 17 | 18 | 19 | |||
20 | 21 | 22 | 23 | 24 | 25 | 26 | |||
27 | 28 | 29 | 30 |
Search BLOG For: |
Search titles only |
Post back your comments What do you think of this blog entry? Post back your comments and let us know.
|