Full recovery for the nasdaq (TQQQ)Big tech carrying the market. i dont expect this to stop any time soon, even if we sell off in the interimLongby cerealpeer0
nasdaq futures recovery (TQQQ)theres reason to believe a releif rally will come in the form of big tech and the nasdaq futures finding support and TQQQ moving back toward the $155 areaby cerealpeerUpdated 1
TQQQ: Heiken Ashi Swing-Trade IdeaIf the weeks candle ends in the red you sell, if it ends in the green you buy. You can also do this on the daily chart. by beeza_112
Big resistance between 171 and 173The TQQQ has been unstoppable for months. But for the past month it has been trying to bust through these resistance levels between 171 and 173 and when it did go through it failed. Except a correction to the TQQQ soon. The TQQQ is bearish with the MACD crossing and the price percentage oscillator showing a bearish trend. I am going to be waiting to see what happens and when the dust settles from Jpow, inflation, transitory, and anything else that will deem a bearish sentiment Shortby Cuzinhass113
TQQQ OverboughtWe are due for a correction. The TQQQ is overbought and the MACD has crossed showing an interment correction coming. The TQQQ has hit the trend line for march 2021 and reversed. i believe we go to the lower trend line which is support since November 20 2020. I dont see any other support once this juggernaut breaks down.Shortby Cuzinhass114
TQQQ AnalysisLooks like we are at an inflection point, if the shaded area does not hold we are looking at the start of a significant bearish period. If it holds this level it could easily revert back to the bullish trend again. We are short, but we will let price dictate our next moves. Gaps below which would support a bearish position as well. Not financial advice.Shortby leftygolf691
TQQQ Swing Strat , Long As per the TQQQ strat mentioned on prior ideas , today we closed with a solid entry signal and I entered long in the final 10 minutes of the day at: Entry $132.91 Stop at 127.77 Initial profit target set at 2R or $144.36. //////// Strategy Note/Loophole to reduce risk //////////// For this strategy , I take signals only on the close or within final 10 minutes. The main reason for this is to filter bad signals where we take back the ema's at some point but ultimately end up closing below the top ema, which is not a valid signal and we dont want too enter to early and be caught in this kind of situation. However , a problem with waiting for the close , sometimes , is that we might take back the ema's early in the day and follow through with a 6% move up (for example). Since the strategy requires the close to enter , you would have missed out on that initial 6% move .... Then, when we close WAY up , you will have a signal to get long but now since the trigger day had such a nice move up, your stop set under the lowest ema may be risking too much, even though the strategy requires it ... So, that's why I have added a pre-emptive day trade tactic to it. A day trade allows you to play the rally day and hopefully gain some early traction on profits. But, if you do enter it as swing, when you place your stop under the lowest ema or candle if applicable, you now have reduced your risk since you have some early realized profit to cushion you from your day trade . Today that is exactly what I did prior to entering as a swing trade at eod which provided a profit of 1.65% . We opened above the ema's so that right at open gave us permission to play early as a day trade and I entered around 6:40 with a 0.5% stop. I scaled out of half at 1.5R and used a trailing stop on the balance on 15M chart which stopped me out of balance a bit later in the day . ///////// Trade Setup and plan going forward //////////// The stop loss either gets placed under the lowest ema , or sometimes under the day's candle but only if the candle is lower than the lowest of the two ema's and it is your preference ( its a personal choice but I don't like to risk more than 5% on these trades though) The stop loss I set on this is VS the lowest ema) Stop loss is pre set and followed without question . Also , If we do get stopped out we wait for the next opportunity and we take it without hesitation. If successful , I will scale out of half the order at 2R which in this case is $ 144.36, I have preset a sell limit order for this too so it will not be missed . After I scale out of half, the next move is to use 21 EMA as a trailing stop on the balance .Personally, I like to have hard set stops slightly below the ema but you can also usually wait for a decisive close below thee 21 as another version that I know a fair bit of traders like to adopt . *Note the EMA's used here are 10 and 21 . ///////////// Additional Considerations ////////////// That's pretty much it :) but I have some final points . I like to scale out at 2R because based on historical testing , if/when there is a sideways and choppy year in the markets this tends to help us tend to get some breakeven results instead of losing liquidity 2015 was a great example of that when I back tested . I really try to keep the stops as tight as possibly while respecting the risk management rules because after that initial scale out we have a risk free trade which is important for my personal style . When the market is in a longer term sideways trend , if you still want to get active the tighter the stops the better because that will put your 2R sell point closer which of course creates a less risky trade for you .. Entry signals are when the market takes back the 10 and 21 emas after losing them in a pullback . The market needs to take back both ema's to validate a long signal but it can do so through out multiple trading days . Some days, the market will take back both moving averages in one move , these are the days when we can base our stop on low of candle instead of the lower ema if we wish. Longby NAK1987Updated 4
TQQQ - Time for a reversal?Here are 3 confirmations: 1. $TQQQ shows double top 2. RSI indicates bearish divergence. 3. $VIX chart indicates double bottom, indicating volatility in next few sessions. We can expect a pullback from here.Shortby akshayvj19952
If you like to buy at the topThen this is your time to buy. In the next several years you might be at break even. In the meantime, it's a good time to look to exit your position and go short or sit on the side. by CookieMonsterr04444
TQQQ LongCovered short now going long when price crossed upper ATR ( blue ) band, following green line upward. Go short when GREEN line turns RED or when price crosses lower ATR band. Not financial adviceLongby leftygolf69335
TQQQ shortAnother kick at the cat, got stopped out for a loss on previous attempt. Massive bollinger band expansion, stop at 185.00. Not financial advice.Shortby leftygolf69Updated 110
TQQQ - Closed by 1/2 FR 169.94Cutting the last of TQQQ loose for today @ 161 x 2.5 Solid ride, more to come. Hopefully, an RT to SELL again, if Not we Hold what we have as we Position into Underlying NQ ES VX. Reducing Instruments to 3. 84.78% CASH - Patiently waiting to see if Weeks 50% Trades into Friday.by HK_L615
TQQQ reaching some Resistance (SHORT)Analysis based on long term trend lines and forming wedge. Moving averages starting to curl downward. Daily RSI is very high. Bought Put 11/5 dated 11/19 for $157.00. $2. No stop loss. In hindsight, it would probably be more advantageous to purchase a longer-dated put such as 1-month out, December 10th, and raised the price target close to the current share price, about $169, so that the risk of being out of the money at expiration is lower. The premium in that case would be more like $10. Loss due to theta decay would decrease. However, in that scenerio, a stop loss would be necessary due to the significantly higher premium. Also in that scenerio, it would be necessary to take into account the larger spread, about $0.50. Entry limit as close to the bid price as possible and wait for order to fill is a must. For the $2 put for 11/5 at $157, the spread was very small, about $0.02. Shortby bodeen88Updated 0
A set of TQQQ signals, from Kyle SpangladeshReimplementing what Kyle described in his video at www.youtube.com . Results are quite good in backtesting, beating TQQQ every year in the last 10 years.Longby suddenFriend999223
$TQQQ What is everyone's thoughts on picking up shares in TQQQ when it dips past 20% seems to happen roughly 2-4 times a year. And then holding till it goes up only 20%. Then wait for a dip to do so again. If you did so everything it dipped it seemed to always get back up there. If not a couple weeks time to a couple month time.Longby JacobKubaRybicki112
TQQQ - C Wave PossibleElliot and repeating patterns show we may be due for a dip in TQQQ before we start the next 5 part rise. 18 month analysis of trying to trade the patterns shows I'm better off just buying and holding. +11% trading actively vs. +34% buy and hold, but have to be ready for coming short term dipsLongby N0tSwift1
TQQQ - We are SELLERs to Price ObjectivesWe can see Price is having difficulty regaining the Trendline. Our Sells are Laddered inversely to the Prior ATH. INV Sell Ladder: 149 x.5K 149.50 x.5K 149,75 x.5K 150.50 x 5K 151 x 1K 152 x 2K 1.5K of 5K Positioned. Stop 155.88 HODL until 11/04 - 11/21 for resolution.by HK_L61Updated 3310
Short Ideas: Not investment advice** Thread belowAMD - Measured move complete. CRM: Top of channel around 300. Scaling into some put spreads from here on up. TQQQ: by StockPickingEnthusiastUpdated 111
TQQQ: "Following Fifteen" Trade Idea Discovered an extremely simply but promising Trade Idea looking at TQQQ. Currently working on a visual back test as time allows and looking for collaboration. Also putting together some automation in TradeStation. I've broken down October by the P/L and trade count (below), and have just the trade count going back to 1/1/2021 (will add later). Bad with math. For October: - 127.20-123.15 - 4.05: loss 405 118.36-122.11 + 3.75: win 375 121.75-124.61 + 2.86: win 286 - 125.10-120.72 - 4.38: loss 438 - 131.21-129.8 - 1.41: loss 141 127.62-128.62 + 1 : win 100 125.63-128.79 + 3.16: win 316 122.99-123.84 + .85 : win 85 - 126.25-124.98 - 1.27: loss 127 130.73-133.04 + 2.31: win 231 134.17-135.29 + 1.12: win 112 135.73-139.55 + 3.82: win 382 win -2,381 loss-1,111 NET PROFIT- 1,270 Have yet to optimize. No stops or targets.by l3loodredUpdated 0
TQQQ - Will provide another Solid Entry into the SELLAt 3X this levered beast falls apart when it's ready. 152.88 to 116.47 was a Fantastic Trade. We believe there is more to come and are patiently awaiting our Large Fills above.by HK_L61338
Sometimes I have dreams about buying buying TQQQ in 2010.Shame it wasn't reality. Oh well. Watching for trend break before anything. Log charts make everything so neat. Almost like they make sense.by fenditendi222
TQQQ strat , will watch closely for a potential re entry . As my previous idea states I am going to share my re-entry on the TQQQ strat this time . There is some signs of bullish price action here and looks like we might pull off a wedge pop here soon . A wedge pop is when the price pulls back above the 10/21 ema's . Personally the entry will be when the price closes above the TQQQ stop will be vs the low of that candle and or the 21 ema . Usually whichever is less . There is another signal too and that's the 50 sma . Which is currently above the 10/21 . I suppose you could participate in both events maybe if you wanted to play it safer you could take a smaller weighted position on this first signal and a larger one on the 50 sma ? Anyways everyone's preferences are their own and its important to know yours to respect risk tolerances . will update if a position is taken , have set an alert above too ..by NAK1987Updated 5
TQQQ Price ProjectionBased on Current Trend , there is opportunity to take position in TQQQ ETF . First Buy Position : 104 to 108 , Second Buy Position : 94 to 98 . As a conservative investor , we should try to take entry between 94 to 98 band . Note : This video is for educational purpose onlyShort02:01by PB08_Mars1