QQQQ and NQ

Discussion in 'Trading' started by YoungOne, Jun 9, 2008.

  1. YoungOne

    YoungOne

    Hello,

    I was wondering if there is some sort of conversion between QQQQ and NQ.
    I have a QQQQ chart and want to convert the numbers to use to trade NQ.

    Thanks,

    YoungOne
     
  2. YoungOne

    YoungOne

    Bump.
     
  3. NQ/NDX = roughly 40.5 x QQQQ

    if you're paper trading just use NDX as you would NQ
     
  4. astral

    astral

    if it's the correlation your seeking after, then just open Quotetracker, add portfolio:

    Symbol X 1
    Symbol Y -40...
    $CASH

    And you'll get the real time correlation!
     
  5. YoungOne

    YoungOne

    Well I only have access to an QQQQ daily chart with ninja trader. I want to use that daily chart to see TL's and S/R for the NQ. So there is no real formula that is used to calculate QQQQ from NQ?
     
  6. YoungOne

    YoungOne

    Bump!
     
  7. What up YO! :)

    Anek
     
  8. jashanno

    jashanno

    Were you able to figure out the M bottom and W top before your parents kicked you out of the house?