September 2010 Trade Journal

By Active Trader Staff
Following three days of mostly bearish price action after the June 19-21 swing high, the market was poised to rebound based on the assumption the second successful test (on June 8-9) of the early May low laid the groundwork for a more extensive up move. We decided to attempt some intraday trading, operating mostly on the long side of the market, buying dips and raising stops to protect open profits as necessary.

Entry: Long and short the Nasdaq 100 ETF (QQQQ) at multiple prices.

For the complete article, see the September 2010 issue of Active Trader magazine. Click here to subscribe.



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