POWERSHARES QQQ TRUST, SERIES 1

Reward 0.64 Cost = 2 - 0.64 = 1.36 Target ROI = 47% Risk @SL = 0.92 when price hit $2 ITM = 0.92 - 0.72 = 0.20 RRR = 0.64 / 0.20 = 3.2 : 1

https://www.tradingview.com/chart/OsBXckpZ/ Although QQQ tends to go its own way at times, it feels like a pause with the broader market. On the Chart The price has broken a long term rally and the same on On Balance Volume w ema. Both price and OBV are spending more time below shorter averages. Note the divergence OBV down when price up and now price looking to ...

Ever since the first crash in 2002 1.05% I felt it was possible that was just the first wave of a 3 wave connection. The last the hope of this bearish pattern realistically is that this is what the EWT 0.41% folks call a irregular flat. IFFFFFF this is the case the common Fibonacci relationships are the the "BB" wave is 1.272 or 1.38 x the "AA" wave. We are ...

Each time there is a panic selloff and recovery, the buyers who stepped up to the plate and accumulated shares at a discount show that they are in control of the market. What happens when VIX or VXN spikes when the market falls? Well, sellers of options demand higher prices to compensate for higher risk or higher costs of taking a trade. Also, buyers of options ...

Hello Folks, Here is all the Steve Primo Setup for Stock trading. Strategy #1 - Price Channel based Strategy Strategy #3 - Bollinger Band based Strategy Strategy #4 - Candle Range based Strategy Strategy #8 - RSI based / Pullback Strategy Everything has been coded. Triggers and management please watch his youtube video. I will release a version of this for ...

Whats is fascinating is the bubble like mentality of the overall all market. waiting to get in with a long day...My risk is the red line below.

It's a Saturday and I need to do a Zen exercise. Sorry mates. I know it's irritating.

Watching price action closely right now. If it breaks resistance should retrace at least to the .382 maybe the.618 before continuing any down move.

QQQ expressing some higher IV here as well. Sept 15 130/139 Put Spreads @ $.90, 2 contracts. 2x stop loss, 50% win mgmt.

15 min candle chart, needs to breakout off above the 200 ma in order for the run to continue. Keeps fading from that point!

SHORT

$QQQ BEARISH 3X TOP

Simplest divergence.

For now, I think Qs have a chance of tagging the upper trend for the wave (3) target. there are also alternate bearish counts at work, but seasonally, Tech rallies into September as well. Good Hunting.

see chart

I just wanted to follow up on my last post, after I had first realized that $QQQ and $BTCUSD move in a pretty close lock-step, with the Nasdaq 100 actually making the moves first. Still been trading this strategy with a pretty high success rate. Here's my first post on the idea. https://www.tradingview.com/chart/BTCUSD/84uVghuq-BTCUSD-Nasdaq-Correlation-QQQ/

Strength is missing.

IF the pivot line breaks and RSI trend line breaks, down trend and lower prices should continue. I am short AMD, NFLX, MU and a few other tech names