Today we had 4 conservative trade setups for a total of -6 ES ticks. We had our first full stop out in 14 days, which based on statistics is a relief. Now we can get back to more profitable trade setups.
Author: admin
Trading Results
Another sleepy low volume day, market taking a breather after a Holiday run-up, no other explanation. We had 4 conservative trade setups today for a total of 20 ES ticks. Aggressive traders took two additional trades for 5 more ES ticks. It doesn’t sound like much, but in a slow consolidating market like we have had for the last two days, it was a very good trading day.
Trading Results
Happy Valentines Day! Well… for some. Today was a sleepy day with low volume with much consolidation throughout the day. We had one conservative trade for -2 ES ticks. We had three aggressive trades for +12 ES ticks. We exited early on one trade due to a time rule. However, other traders stayed in the trade that completed target 1 and target 2, which yielded 21 ES ticks for those that did not pull their stops. For more information about our live trading Shark Den, please visit TraderShark.com
Trading Results
Consumer Sentiment came in line with expectations. Mubarak announced his stepping down and the market liked the news. Today we had 3 conservative trades for 23 ES ticks.
Trading Results
Unemployment numbers came out better than expected and the market consolidated, eventually selling off, taking the long stops with them. The market recovered to the upside filling both the half gap and eventually the full gap, consolidating the rest of the day until Mubaraks speech which caused some uncertainty in the markets. Today we had 2 conservative trades for 14 ES ticks and 3 aggressive trades for 16 ES ticks.
Trading Results
The market started out today with a bearish bias. However, a break to the upside took out the early morning stops only to continue lower in the later part of the day to break yesterdays low of day. The market rallied into the close. We had 4 valid trade setups for 30 ES ticks.
Trading Results
Today was a slow methodical trading day. We had 6 valid trade setups. 3 conservative trades for + 22 ES ticks and 3 aggressive trade setups for + 6 ES ticks.
Friday Feb 4, 2011
Friday trading results 3 trades for a total of 2 ES ticks, a very slow, low volume trading. It would have been better to have gone golfing.
Trading Results
Today we had 6 trade setups with a conservative profit of 31 ticks. For those aggressive traders, we had a Shark Attack setup yielding 18 additional ticks. The market was methodical and slow today. Patience paid off.
Trading Results
Today was like watching paint dry. The market opened at 1300 and closed at 1300. The crisis in Egypt had little impact, employment numbers were worse than expected, volume was less than half the avg volume with uncertainty looming over the consolidating market. We had two trades for a total of four ticks or $50.