Wednesday, September 23, 2009

9/23/2009 1230 update: NQ


  • wow, the NQZ09 bounced right back up to the resistance area rather quickly...this occured around noontime, which left more than 2 hours before the FOMC release...
  • the lot i added at 1731.50, i sold at 1738.50...
  • not sure if i am getting too cute here, but i am open to the possibility of another swing down to support at 1730ish...i am bidding at 1731.50 right now....
  • i am not sure what i will do if the NQ continues to trade around or above the 1740ish resistance area through 2pm...
  • the most recent trade: +7 NQ points/contract, 1 contract traded....
  • total for the day: +6.75 NQ points/contract, 2 contracts traded: +13.50 NQ points total...
***remember this is an illustration of what i am trading and my thinking...my trading plan may change without notice...this is not a recommendation for you or anyone else, to buy or sell this or any other security...***

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