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Trading Results Video – Friday – May 13, 2011
Thursday May 12, 2011
Monday May 9, 2011
Trading Results
Today the market gapped up and didn’t look back. We didn’t have any pullbacks to allow us any trade plan entries. It ran up to one of our major resistance levels and consolidated until going into a wedge pattern. Conservative traders took 1 trade for 6 ES ticks. Aggressive traders took 2 trades for 16 ES ticks.
Trading Results – Feb 24, 2011
Durable Goods were in line with estimates and Unemployment numbers were lower than expected which was good news. New Home Sales dropped more than expected. Libya violence weighed heavily on the market today and later in the day, Saudi Arabia announced increased oil production. This helped push the market back up into the close. Today we had 3 conservative trade setups for a possible +45 ES Ticks. We had 6 aggressive trade setups for another 11 ES Ticks for a possible total of +56 ES ticks. The aggressive trades included 3 stop out trades.
Trading Results – Feb 23, 2011
Existing Home Sales came out in line with estimates, but Middle East crises continues pressure on the US economy. The market saw nice action today and we had 6 trade signals with a possible total of 51 ES ticks.
Trading Results Feb 22, 2011
Overseas news was bearish while the Consumer Confidence was better than expected. The market quickly filled yesterday’s gap. 4 Conservative trades setup for a possible +3 ES Ticks, including 1 full stop out. 2 Aggressive trades setup for a possible +16 ES Ticks for a daily total of +19 ES Ticks..
Friday, Feb 18, 2011
Today was Options Expiration day which caused a lot of volatility for a total of 3 conservative trade setups for +19 ES ticks. We are going into a 3 day weekend. We will not be trading on Monday. The markets will close early Monday, 11:30 EST. Trading volume will be very light, so if you trade, make sure you are flat by early close. We will resume trading on Tuesday, Feb 22, 2011
Thursday, Feb 17, 2011
Today we had 2 conservative trade setups for a total of +13 ES ticks.