QQQ at 50% Fib and trade educational comments

    Posted by matt on 14th of Oct 2021 at 12:12 pm

    QQQ - Chart Link- Also as a little education - what I find mostly happens when you have a downtrend line like this - price will not simply move over the trendline intra day - it generally gaps above it. 

    It's one of these things where, if you think there is a good chance at an upside break over a downtrend line or channel line - go long inside the channel because I'd say the majority of time if you wait for price to confirm, it does so on a big gap - generally better to take a shot long while price is still inside the pattern

    Ya having the best day

    Posted by kevindeng0727 on 14th of Oct 2021 at 12:24 pm

    Ya having the best day this year - 200% invested coming into today    Thx Matt and Steve.


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