Tuesday, September 29, 2009

9/29/2009 9:10 am update: NQ, ES


  • NQ showing some rw compared to the ES...including the monday night session, the NQ has traded about 1% below yesterday's intraday high, while the ES is only traded about 0.50% below yesterday's intraday high...
  • because i already have a full position on in the ES, i am changing my offers on the NQ to: 1 at 1726.50 and 1 at 1736.50...
  • if i sell the first lot at 1726.50, i will look to buy another NQ lot at a lower price (which has not been determined yet)...if the first lot does not get sold at 1726.50, i will hold off buying a third lot at a lower price (for now)...
  • i am still bullish on both the ES and the NQ, i am just managing my size...

Disclosure: Long NQZ09, Long ESZ09.

***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...trade at your own risk***

No comments:

Post a Comment