NASDAQ 100 Index Trading

[northam43]

I am no longer maintaining this board. I don't have time the time to maintain my own accounts and post current signals here.

[northam43]

Buy Signal - Add QID 63.65

60 min RSI(5) at 86
Daily RSI(5) at 76
Weekly RSI(5) at 69
Monthly RSI(5) at 54

Current Positions:
QID 63.65
QID 66.99 (08/17/2006)
QID 68.66 (08/16/2006)

Profit: .75 per share (09/06/2006)

Start Date: 08/16/2006

[northam43]

Sell Signal - Sold QID 66.47 and 66.50 positions
Sell price: 66.86
Profit: .75 per share

60 min RSI(5) at 19
Daily RSI(5) at 46

Sell all QID positions in the green.

Current Positions
QID 66.99
QID 68.66

[northam43]

Signal - Short add QID at 66.47

60 min RSI(5) at 81
Daily RSI(5) at 76
Weekly RSI(5) at 63
Monthly RSI(5) at 46

[northam43]

Signal - Short add QID at 66.50

60 min RSI(5) at 80
Daily RSI(5) at 72
Weekly RSI(5) at 62

[northam43]

Signal - Short add QID at 66.99

60 min RSI(5) at 98
Daily RSI(5) at 86
Weekly RSI(5) at 63

[northam43]

Signal - Short add QID at 68.66

60 min RSI(5) at 93
Daily RSI(5) at 82

[northam43]

Long Term Market View:

[northam43]

Announcing the VTOMACD system.

http://www.geocities.com/northam43/TrackingBullishCross.htm

Since Jan 2002 the VTOMACD has outperformed the VTO system by 166 NDX points.

[Vestor_2000]

Will do and Yes!

I'm still sorting things out on my end after misreading the October and January rallies. Just hanging tough until the next buying opportunity, rather than chasing things.

Take care.

Rich

[northam43]

Rich - Sounds good. If you find a better system, don't forget to share it with your friends. I hope I am one.

[Vestor_2000]

I don't blame you, Lindy; probably a good move. The other board has become far less civil lately. I'm spending less and less time there. I have your site bookmarked. In other words, I have my eye on you! LOL. Good luck with the board.

Rich

[northam43]

Bullish Crossovers on the MACD(12,26,9) - Once I have established a Long position per my rules in this post http://www.investorshub.com/boards/read_msg.asp?message_id=9450004 . My next stop will be the bullish crossover on the MACD. I will add to my long position on any pullback below the Daily NDX RSI(5) 50 until a bullish crossover occurs. Once the bullish crossover has occured, I will then watch for a trend change on the MACD. When the MACD starts to change to a flat or downward trend I will then sell all long positons and most likely initiate a short position as per above mentinoned rules.

[northam43]

Vestor - Yep, this is my kingdom. I figured I needed to establish another home if I get kicked out of the CS Group.

[Vestor_2000]

So this is where you've been hanging out, Lindy. How goes it?

Rich

[northam43]

I trade UOPIX (Long) and USPIX(Short). My trading rules are fairly simple. I initiate the initial long position when the Daily NDX RSI(5) is below 30, with the use of the MACD(12,26,9). I may add to the position as I see fit up to RSI(5) 50. Above RSI(5) 50 I will not add any longs. I may sell a long position anywhere between RSI(5) 50 and above. I will only go short when the RSI(5) is above 70, with the use of the MACD. I may sell my short positions anywhere between RSI(5) 40 to 30. I will only sell positions that are profitable. I will hold positions long term if need be. When I get to a point where I do not have the funds to continue trading. I will hold my positions for up to 60 days and then sell all at once for a loss(Tax write off). Then I will start all over again. This chart is my primary tool http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[w,a]daclynay[da][pb50!b200][iUb5!Ua12,26,9]&...
I also review these sites:
http://www.vtoreport.com/rsi.htm
http://quote.barchart.com/texadv.asp?sym=QQQQ

That is pretty much my system. I have not taken the time to document my profitability. I may start doing that this year.

If you would like to review my historical record feel free to look at my posts at http://www.investorshub.com/boards/board.asp?board_id=2462