Posts

September 14th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit / Sim Trade Profit $0

Opening Comments Not much movement in the market yesterday, an inside day with an up close. Could not break resistance at the 2494 level. Volume was strong and without price movement can indicate distribution, supply equals demand. If demand starts to dry up then price will decline. Still looking for an opportunity to roll the last 4 September positions into the December contract. Would like to see a pullback before I do that. The market declined again on the open and has continued to edge lower overnight until about an hour before the regular hours open I did not make any changes to our positions yesterday. Deadline is tomorrow for rolling into the December contract. Closing Comments From the regular hours open the market drifted back into yesterdays high and closed about where it opened. Volatility was lower than normal and much lower than the past couple of weeks. Did not make any adjustments to our positions. Real Money Trading S&P 500 e-Mini We are Still ...

September 13th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit / Sim Trade Profit $0

Opening Comments Yesterday was another ugly day for us as the market moved another 10 points higher, making new historic highs and putting our short positions further in the red. I did not make any changes to our positions yesterday. Only 2 days left to roll over to the December contract. From the open the market has been drifting lower. This is the first time in a couple days that we have seen any movement lower after the open. We need a good pull back to help us get better positioned to roll into December. A little rally off the overnight low at the European open did not amount to much. The UN passed the resolution on North Korean sanctions, which was immediately blown off by Trump. This may put some uncertainty back into the markets. Sideways at the overnight lows coming into the regular hours open. Closing Comments From the regular hours open the market drifted back into yesterdays high and closed about where it opened. Call it an inside day with an up close. ...