May 17th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Profit $899

WOW, Big drop after the close. Then back into our more typical overnight SWS range.

Pre-Market Simulation Trading

Not much happened at the European open, then we go a little bump and broke to the upside closing above the range and giving us a buy signal on the 10,000 tick chart at 3:26. Statistically not a great time to take a trade, but the price action looks attractive. Took 2 long @ 2386.00. Target @ 2387.00.
Target hit, we are flat with $95 profit.

2,000 tick pulls back then rallies off a higher short term low into a buy signal. Took 2 long @ 2385.25. Target @ 2386.25.
Target hit, we are flat with $190 profit.

Waiting for the next signal and got a bit distracted.
I am putting together a campaign for crowd funding, on GoFundMe, to build up some capital and be able to trade the simulation with Real Money, more on that once I get it active.

At about 7:00 am the market made a relatively big move to the downside and then gave us a sell signal on the 10,000 tick chart. Took 2 short @ 2383.75. Target @2382.75.
Target hit, we are flat with $285 profit.

Switch to Real Account for Open Trade

The opening was a bit confusing to say the least.
The 10,000 tick gave us a sell signal at 8:06, a buy signal @ 8:11 and another sell signal right on the open. I took 2 short on the first sell signal @ 2378.00. Target set at 2377.00. I held that through the contradicting buy signal an was taken out on target before the open for a $90 profit.
The 30 min chart gave us a sell on the open. I took 1 contract short @ 2378.50. Target @ 2377.50.
Target hit, we are flat with $140 profit.

Switch Back to Simulation Account

The market rallied off the open, was luck to get out of the Real Money short.
10,000 tick gave a buy signal. Took 1 long @ 2381.00. Target @ 2382.00.
Target hit we are flat with $333 profit.

10,000 tick gives us another buy signal, 2,000 tick is pulling back, wait for entry. Took 2 long @ 2382.25. Target @ 2383.25.
Target hit we are flat with $428 profit.

2,000 tick makes a lower short term high declining off resistance into a sell signal. Took 2 short @ 2382.00. Target @ 2381.00.
Target hit we are flat with $523 profit.

10,000 tick gives us a sell signal. Took 2 short @ 2381.25. Target @ 2380.25.
Target hit, we are flat with $618 profit.

2,000 tick break lower out of a consolidation into a sell signal. Took 2 short @ 2379.50. Target @ 2378.50.
Target hit, we are flat with $714 profit.

10,000 tick gives us a sell signal with 2,000 tick pushing lower. Took 2 short @ 2377.50. Target @ 2376.50.
Target hit, we are flat with $809 profit.

Approaching overnight low. Support?

The order entry is glitchy.
Got a sell signal on the 10,000 tick and ended up with 4 contracts instead of 2. Average price 2375.00 Set target @ 2374.00. But the system glitched again. Flushed the trade at market getting a quarter point profit. We are flat with $899 profit.

Glitchy system means stop trading. Will stand aside for the rest of the day, it is now 9:05 am.
Not bad for 30 minutes of work.

Daily summary and Charts below.

This 2,000 tick chart shows the trades taken in the pre-market and after the close up to 9:00 am.
Good flow in the market during that time. from 9:00 am the market goes choppy.


















Comments

Popular posts from this blog

June 19th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $0, Sim Trade Profit $0

August 22nd, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $ / Sim Trade Profit $863

May 23rd, 2017 - S&P 500 e-Mini - Trading Activity - Today's Sim Trade Profit $617