Registered: Apr 2002
04-26-02 01:41 AM
due to several requests, i will post my daily nasdaq channel levels in this forum and our nasdaq index strategy for the day.
our current channel on the nasdaq composite is 1698 to 1757. we will enter shorts once 1698 is broken on the downside, go long above 1757 and stay flat in the channel. our system considers the upper or lower channel figures violated if the price move thru the figure by a FULL three minute candle. we are trading the nasdaq futures , qqq options, and the qqq based on this system. the system is currently FLAT.
all the best,