Stocks & Commodities V. 24:9 (98): At The Close by Dennis Peterson

Stocks & Commodities V. 24:9 (98): At The Close by Dennis Peterson
Item# \V24\C09\184CLOS.pdf
Availability: In Stock

Product Description

Stocks & Commodities V. 24:9 (98): At The Close by Dennis Peterson

Trading The Qs

One way to trade the NASDAQ Composite is to trade the QQQQ (NASDAQ 100 exchange traded fund). In recent days, trading out of my IRA has been challenging, since I canít short any stock in that account. Trying to find a long entry in a negative market can be a challenge.

So what I did was abandon some indicators and I started to look for lines of support and resistance instead. I would trade those for just one or two bars of profit, but my indicators are designed for swing trading, and catching a few profitable bars to trade is a different problem. I am comfortable doing this since my recollection of Gary B. Smith, formerly of, is that his primary technique was to find resistance and support and/or patterns. Even when he was using patterns, I would argue it was to find resistance and support. Smith, who had a solid winning record, also used money management, but thatís another story. So this approach has the backing of someone who knows what he is doing.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at users can view the S&C Digital Edition in the subscriber's section on

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order