The QQQ does it again for TraderHank

Share Button

  As the market gapped into resistance this morning at the open I really did not have a play.  I had a poor list to start with so when the market finally rolled over near 10 am reversal time, and the market had triggered a sell on the 60 minute I felt that this could be my chance as I enter the play short @ .33.  I was a little late but I wanted a little more confirmation and I paid for it as I had to seat though a pull back and watch the market trigger it's first sell set up on the 5 minute chart.  It was rather painless from here as price hit two of my lower targets.  I had one add and reduced which really helps with milking profits.  I attempted one more add and reduce at the very end near lunch time and was taken out of my play with a handsome profit.  Overall another textbook play in the QQQ...  

QQQ 10062014
QQQ 10062014
This entry was posted in Market Trade and tagged , . Bookmark the permalink.