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	Comments on: TQQQ Trade Idea &#038; Entry	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11854</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Thu, 11 Oct 2018 08:00:55 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11851&quot;&gt;Dean Drummond&lt;/a&gt;.

Thx. Sorry to ask such daft question.
Given time, i would able to find out without any problem. But as market moved so fast and furious, and with the keeping of my eyes on my flurry of trades of SOXX, QQQ, SQQQ, DWT, TQQQ in the afternoon, it&#039;s just easier and quicker to ask you.  :-)]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11851">Dean Drummond</a>.</p>
<p>Thx. Sorry to ask such daft question.<br />
Given time, i would able to find out without any problem. But as market moved so fast and furious, and with the keeping of my eyes on my flurry of trades of SOXX, QQQ, SQQQ, DWT, TQQQ in the afternoon, it&#8217;s just easier and quicker to ask you.  :-)</p>
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		<title>
		By: DadIsABum		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11853</link>

		<dc:creator><![CDATA[DadIsABum]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 22:40:11 +0000</pubDate>
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					<description><![CDATA[Randy entered TQQQ at 54.35 in after hours, maybe your already out of the trade, but kind of targets should I be looking for?]]></description>
			<content:encoded><![CDATA[<p>Randy entered TQQQ at 54.35 in after hours, maybe your already out of the trade, but kind of targets should I be looking for?</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11852</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 21:58:16 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11848&quot;&gt;Dean Drummond&lt;/a&gt;.

Certainly bold but it&#039;s all about risk vs. reward as well as identifying objective levels to go long &amp; short. We closed just slightly below some very key support levels today with QQQ crossing into oversold territory on the daily time frame for only the 3rd time in over 2 years, with the last two oversold readings back in early Feb &amp; early March proving to be the best buying opps of the year. Doesn&#039;t guarantee success on this trade but does skew the &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.&#039;&gt;R/R&lt;/abbr&gt; to the near-term to the long side &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;In My Opinion&#039;&gt;IMO&lt;/abbr&gt;.
I will also add that due to the clear bearish developments on the daily &amp; weekly charts recently, I am only looking for a quick bounce trade &amp; then out or at most, I will set a trailing stop &amp; let it ride, that&#039;s assuming they don&#039;t rally the futures between now &amp; the open tomorrow or else this trade might be stopped out at the open.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11848">Dean Drummond</a>.</p>
<p>Certainly bold but it&#8217;s all about risk vs. reward as well as identifying objective levels to go long &#038; short. We closed just slightly below some very key support levels today with QQQ crossing into oversold territory on the daily time frame for only the 3rd time in over 2 years, with the last two oversold readings back in early Feb &#038; early March proving to be the best buying opps of the year. Doesn&#8217;t guarantee success on this trade but does skew the <abbr class='c2c-text-hover' title='Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.'>R/R</abbr> to the near-term to the long side <abbr class='c2c-text-hover' title='In My Opinion'>IMO</abbr>.<br />
I will also add that due to the clear bearish developments on the daily &#038; weekly charts recently, I am only looking for a quick bounce trade &#038; then out or at most, I will set a trailing stop &#038; let it ride, that&#8217;s assuming they don&#8217;t rally the futures between now &#038; the open tomorrow or else this trade might be stopped out at the open.</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11851</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 21:48:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188329#comment-11851</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11847&quot;&gt;FrancisQ&lt;/a&gt;.

Not sure but TQQQ 56.73 should be around QQQ 173ish or so. All my charts are time-stamped (lower-left corner) so you can pull a 1-min chart or time &amp; sales &amp; check to see where QQQ was trading at 3:42pm EST.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11847">FrancisQ</a>.</p>
<p>Not sure but TQQQ 56.73 should be around QQQ 173ish or so. All my charts are time-stamped (lower-left corner) so you can pull a 1-min chart or time &#038; sales &#038; check to see where QQQ was trading at 3:42pm EST.</p>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11850</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 20:19:09 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188329#comment-11850</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11849&quot;&gt;MattChartier&lt;/a&gt;.

i think that&#039;s bit too high.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11849">MattChartier</a>.</p>
<p>i think that&#8217;s bit too high.</p>
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		<title>
		By: MattChartier		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11849</link>

		<dc:creator><![CDATA[MattChartier]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 20:00:53 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188329#comment-11849</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11847&quot;&gt;FrancisQ&lt;/a&gt;.

according to the gap shown on the chart above the matching QQQ level is 178.5]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11847">FrancisQ</a>.</p>
<p>according to the gap shown on the chart above the matching QQQ level is 178.5</p>
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		<title>
		By: Dean Drummond		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11848</link>

		<dc:creator><![CDATA[Dean Drummond]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 19:54:31 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188329#comment-11848</guid>

					<description><![CDATA[Bold]]></description>
			<content:encoded><![CDATA[<p>Bold</p>
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		<title>
		By: FrancisQ		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11847</link>

		<dc:creator><![CDATA[FrancisQ]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 19:49:39 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188329#comment-11847</guid>

					<description><![CDATA[What QQQ level does TQQQ = 56.73 corresponds to?]]></description>
			<content:encoded><![CDATA[<p>What QQQ level does TQQQ = 56.73 corresponds to?</p>
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		<title>
		By: Dazi		</title>
		<link>https://rightsideofthechart.com/tqqq-trade-idea-entry-2/#comment-11846</link>

		<dc:creator><![CDATA[Dazi]]></dc:creator>
		<pubDate>Wed, 10 Oct 2018 19:46:42 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188329#comment-11846</guid>

					<description><![CDATA[CanNOT access it!]]></description>
			<content:encoded><![CDATA[<p>CanNOT access it!</p>
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