Igniting bar play in the QQQ

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I was not exactly excited today to see the market gapping up this morning after 11 days up.  After scanning my list of 100 stocks I had nothing on my list.  Even after taking a 2nd look at all the 60 minute charts, I still had found nothing of interest.  I thought about taking the QQQ short if it rallied for the first 5 minutes then have price proceed to take out the 5 minute bar low, this did not happen.  Price action in the Q's just drifted sideways and moved upward after 10:30 am.  Finally @ 12:05 pm reversal time my eyes spotted a wide range red bar forming in the QQQ.  This was my entry to get short the market as I entered below .46 cents.  With a full share size I started to take profits every .05 cents below.  After 15 minutes I got the flurry low that I was looking for taking profits at .40, .35 and .30 cents.  10 minute later I covered more shares @ .25 cents and decided to cover on the first break of the 5 minute bar which took place at .33 cents 5 minutes later.  A classic igniting bar play that worked out nicely on a day that I had few options...

QQQ 08252014
QQQ 08252014

  

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