XLT Futures

Question 1

All star Entry

Answer 1

the bigger picture is the betterbollinger bands EMA get from course docclose, 20, 2, 2enter only if price pierce the band AND going into a S/D zone1st profit target is midpoint when touches EMA2nd target is level or opposing banddon’t use on anything less than 30 min chart1. BB with a 20 EMA = 20 periods of Data2. EMA = weights the more recent data3. 95% of the time the index should close within BB4. works on a close to close basis5. S/D6. BB study is independent of the S/D, it only cares about the last 20 data points7. S/D is independent of the BB, based on your levels

Question 2

opening range breakout

Answer 2

entry:possible: breakout of open range barpreferred: retest of breakoutstop:opposite end of the rangeonce in play, technical stoptargets1. min risk to reward2. next S/D zoneodds enhancers1. look for areas of high or low on the curve,2. use multiple TF analysis3. trade with longer term trend

Question 3

ROLLOVER and EXPERATION

Answer 3

Rollover happens on the 2nd Thursday of contract month. You need to close your positions and buy the next contract month if want to stay in position.Experation happens on 3rd Friday of contract month.Typically you will physically Rollover your contract because volume drops off after thursday.

Question 4

adjusted vs unadjusted charts

Answer 4

use unadjusted charts for the true priceadjusted : @ESunadjusted: @ES = 107XN7 means 7 days prior to experation, thursday to Friday

Question 5

.D

Answer 5

can only use .D on stock futures.shows gaps. no overnight tradingfor futures, real gaps are weekend gaps. .D gaps are not reliable because there is overnight trading that give you real levels that are tradable. so don’t really use .D graphs.

Question 6

Rollover Gaps

Question 7

times when higher volume trading can occur around world