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The QQQQ Fractal Update


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#11 Frac_Man

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    Hank Wernicki M.A.

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Posted 26 March 2007 - 01:50 PM

took profits at about noon ......... for a day trade ...........

next entry should appear soon ......... to short again

weekly trend is down <<< this really helps now





Where do you take profits on those spx puts?....and where is your stop?





You have to examine all the frequencies ............... it depends

but the fractal will appear














Hank.....enjoy your work.

What frequency is your QQQQ fractal chart...........and more importantly, is there a frequency (5,10,15 etc) that you prefer to use......or are you just looking for matching pictures ?

Thanks



#12 eminimee

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Posted 26 March 2007 - 02:05 PM

I guess I don't understand your method....you show a fractal that implies you are expecting major down....and you day traded options?...

#13 .Blizzard

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Posted 26 March 2007 - 03:01 PM

Houston, we have had a problem :blink:
 
 
 


#14 The End

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Posted 26 March 2007 - 04:11 PM

[quote name='Frac_Man' date='Mar 26 2007, 02:50 PM' post='279150']
took profits at about noon ......... for a day trade ...........

next entry should appear soon ......... to short again

weekly trend is down <<< this really helps now





Hank,

you made a post in this thread at 12:34 and again a little bit after that. How come you didn't mention the little detail about covering at noon? You would have continued to earn respect quite easily. Now...

Edited by The End, 26 March 2007 - 04:12 PM.

NONE of what I type should be taken as financial advice.

#15 Frac_Man

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    Hank Wernicki M.A.

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Posted 26 March 2007 - 09:43 PM

If the market drops 11 points ... I take the profit ..... it's on my web site


weekly trend is still down ................ just a bounce today


Hank



Will short again







[quote name='The End' date='Mar 26 2007, 05:11 PM' post='279209']
[quote name='Frac_Man' date='Mar 26 2007, 02:50 PM' post='279150']
took profits at about noon ......... for a day trade ...........

next entry should appear soon ......... to short again

weekly trend is down <<< this really helps now





Hank,

you made a post in this thread at 12:34 and again a little bit after that. How come you didn't mention the little detail about covering at noon? You would have continued to earn respect quite easily. Now...
[/quote]