A quick look into Leveraged ETF's and interest ratesA quick look into Leveraged ETF's and interest rates
QLD trade ideas
QLD Entry, Volume, Target, StopEntry: with price above 70.74
Volume: with volume greater than 4.92M
Target: 83.41 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 70.41, 58.90 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
A Simple Method Of Evaluating Trade Setups For Everyone - IIIMore examples of trade setups and how I use my custom algos to help identify stronger trade opportunities from other symbols.
In this example, near the end of this video, I review the QLD chart (Daily) which provides a very clear example of major trend vs. intermediate trend. It is very important trader learn to see these opportunities from all aspects.
Please pay very close attention to the details I'm sharing related to trading concepts and theory. I'm trying to teach all of you to see charts in a different way. See PRICE as the driver of trends, and counter-trends, as Fibonacci Price Theory describes.
Basic Rules of Fibonacci Price Theory:
1. Price is ALWAYS seeking new highs or new lows - ALWAYS.
2. Failure to establish a new high means price will attempt to retest/break recent/new lows.
3. Ultimate HIGH/LOW levels are critical to understanding major trends vs. intermediate trends.
4. If you have trouble identifying a clear trend on a Daily chart, try Weekly or 240 min as an alternative.
5. If you still can't identify trend clearly, wait it out. Price will ALWAYS attempt to make new highs/lows. Sometimes, you have to be patient and wait for consolidation trends to work themselves out.
My objective is to show you how I look at charts and identify trade opportunities. Simply put, I just trying to help you see and understand simple TA theories and to help you learn to identify great trade opportunities.
Hope you enjoy.
QLD - QQQ - NASDAQ LONGThe asset is apparently forming a symmetrical triangle, and perhaps it is forming a shark pattern. This corresponds to the "January rally" (a seasonal trend) and the elevation of the projection in the shark pattern corresponds to 1.6 fibo. So it is very likely to be long in the next few weeks. Too good to be real, then only long to fibo 1.27... Happy pips
QLD with Super TrendSuper Trend with confirmation using MACD works. This is back tested and works much better than buy and hold.
QLD - bullish count for the NasdaqI don't know.....lots of things out there that could end this count in a moment but could this bullish count be worth something?
Swing Trade Update - Nasdaq100 Index ETF(QLD)- A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 82.75
Key reversal triggered, exit at market on open.
- Cut losses early, let profits run!
Swing Trade Update - Nasdaq100 Index ETF(QLD)- A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 82.75
Stop Loss @ 80.83
Take Profit @ 105.23
- Stop loss and take profit orders are adjusted daily.
- Cut losses early, let profits run!
Swing Trade Update - Nasdaq100 Index ETF(QLD)A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 87.78
Stop Loss @ 87.78
Take Profit @ 104.76
Stop loss and take profit orders are adjusted daily.
Cut losses early, let profits run!
Swing Trade Update - Nasdaq100 Index ETF(QLD)A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20
Long Entry @ 87.57
Stop Loss @ 87.57
Take Profit @ 105.98
Stop loss and take profit orders are adjusted daily.
Swing Trade Update - Nasdaq100 Index ETF(QLD)A systematic breakout strategy designed to capture short-term trends.
Long entered on 24-Sep-20.
Long Entry @ 79.42
Stop Loss @ 79.42
Take Profit @ 106.16
Stop loss and take profit orders are adjusted daily.
Swing Trade Update - Nasdaq100 Index ETFA systematic breakout strategy designed to capture short-term trends.
Long Entry @ 82.75
Stop Loss @ 76.09
Take Profit @ 105.40
Stop loss and take profit orders are adjusted daily.
Swing Trade - Nasdaq100 Index ETF (QLD)A systematic breakout strategy designed to capture short-term trends.
Buy Stop @ 82.75
Stop Loss @ 73.39
Take Profit @ 106.13
If orders are not filled, cancel orders at the end of the trading session.
Stop loss and take profit orders are adjusted daily.
Swing Trade - Nasdaq100 Index ETF (QLD)A systematic breakout strategy designed to capture short-term trends.
Buy Stop @ 88.17
Stop Loss @ 81.56
Take Profit @ 107.64
If orders are not filled, cancel orders at the end of the trading session.
Stop loss and take profit orders are adjusted daily.
Potential breakout on Nasdaq-100 Index ETF-QLD to the upsideA systematic breakout strategy designed to capture short-term trends with an average holding period of 7 days.
Place Buy Stop at 94.56, If done place Stop Loss at 87.00.
If orders are not filled, cancel orders at the end of the trading session.
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Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Potential breakout on Nasdaq-100 Index ETF-QLD to the upsideA systematic breakout strategy designed to capture short-term trends with an average holding period of 7 days.
Place Buy Stop at 94.56, If done place Stop Loss at 87.00.
If orders are not filled, cancel orders at the end of the trading session.
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Potential breakout on Nasdaq-100 Index ETF-QLD to the upsideA systematic breakout strategy designed to capture short-term trends with an average holding period of 7 days.
Place Buy Stop at 94.56, If done place Stop Loss at 87.00.
If orders are not filled, cancel orders at the end of the trading session.
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Breakout Trade Update: Long Index ETF-QLDLong at 90.50 on the 17/08/20
Move stop loss to from 95.50 to 98.62.
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Breakout Trade Update: Long Index ETF-QLDLong at 90.50 on the 17/08/20
Move stop loss to from 94.76 to 95.50.
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Breakout Trade Update: Long Index ETF-QLDLong at 90.50 on the 17/08/20
Move stop loss to from 93.54 to 94.76.
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Backtest results without the PFZone indicator:
tinyurl.com
tinyurl.com
Breakout Trade Update: Long Index ETF-QLDLong at 90.50 on the 17/08/20
Move stop loss to from 90.53 to 93.54.
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Backtest results without the PFZone indicator:
tinyurl.com
tinyurl.com
Breakout Trade Update: Long Index ETF-QLDLong at 90.50 on the 17/08/20
Move stop loss to from 87.83 to 89.81
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Backtest results without the PFZone indicator:
tinyurl.com
tinyurl.com
Breakout Trade Update: Long ETF-QLDLong at 90.50 on the 17/08/20
Move stop loss to from 85.71 to 87.83.
-----------------------------------------------------------------------------------------------------------------------------------------------
Legend:
DC(5) Up := Donchian Channels upper band (5 length).
DC(6) Low := Donchian Channels lower band (6 length).
IntStp(8%) := Initial Stop Loss set at 8% below entry price.
PFZone := Exit/profit taking indicator (green diamond).
Entry Rules:
1. Place a Buy Stop at the DC(5) Up Price.
2. If buy stop is filled, place the IntStp(8%).
3. However, if orders are not filled, cancel orders at the end of the trading session.
Exit Rules:
1. At the close of the trading session, if the DC(6) Low is above IntStp(8%), than adjust stop loss to the DC(6) Low price.
2. However, If IntStp(8%) is above the DC(6) Low, then use the IntStp(8%).
3. If the PFZone has been triggered then exit at market on open at the next trading session.
Notes:
The Profit Zone indicator is a proprietary indicator designed to improve the performance as an alternative exit rule.
However, the strategy is a stand-alone system and does not require the profit zone indicator.
Backtest results without the PFZone indicator:
tinyurl.com
tinyurl.com
