May 19th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Sim Trade Profit $617
Looks like the market has settled down as the overnight activity looks more normal than the last few days and the volume is pretty light in comparison.
SWS out of yesterdays close in a fairly tight trading range.
Pre-Market Trading
The 10,000 tick chart gave a buy signal at 3:24 preceded by rising bottom in the 2,000 tick. Did not take this because the statistical probability of success was only 50%. The trade was a good one and the market rallied about 4 points from the signal.
From the rally the market pulled back, then rallied from a higher low on the 2,000 tick into a buy signal. Took 2 long @ 2369.25. Target @ 2370.25.
Target hit, we are flat with $95 profit.
Switch to Real Money Account for Open Trade
Coming into the open, the 8:09 close on the 10,000 tick chart gave us a sell signal. Took 2 short @ 2369.00. Target @ 2368.00.
The market came down and touched the target, but I did not get filled.
The market then rallied into the open and at 8:30 gave buy signals in the 30 min chart. I hesitated a bit to see what the market would do then flipped the trade taking 7 contracts long @ 2371.00. @ to cover the shorts and 5 for recovery. Target @ 2372.00. As the market started to run up I pushed the target to 2372.25.
Target hit, we are flat with $90 profit.
Switch back to Simulation
Market continues to rally. 10,000 tick give us a buy signal. Took 2 long @ 2373.75. Target @ 2374.75.
We are approaching yesterdays high. Will probably see resistance.
Consolidated below resistance then broke higher. Hit target, we are flat with $190 profit.
10,000 tick continuation buy signal . Took 2 long @ 2378.25. Target 2379.25.
No follow through. Market declined on 2,000 tick, rallied into lower short term high then declined into a sell signal. Took 6 short @ 2377.25. 2 to cover the longs 4 for recovery. Target @ 2376.25.
No follow through and a head spin, market rallies. Forgot to cancel my sell order for the previous trade so end up 6 short at an average price of 2377.91. Market rallies into a buy signal in the 2,000 tick chart. Flip trade took 15 long @ 2379.00. 6 to cover the shorts, 9 for recovery. Target @ 2380.00.
Target hit we are flat with $174 profit. A minor set back.
2,000 tick pullback then rally off higher short term low into a buy signal. Took 2 long @ 2379.50. Target @ 2380.50.
Target hit, we are flat with $269 profit.
Both 30 min and 10,000 tick give buy signal @ 9:30 close. Took 2 long @ 2380.50. Target @ 2381.50.
Target hit, we are flat with $365 profit.
2,000 tick pulls back, breaks below trend line, consolidates then breaks lower into a sell signal. Took 2 short @ 2379.25. Target @ 2378.25.
No follow through and the market rallied back into a buy signal on the 10,000 tick chart. Flipped taking 9 long @ 2382.00. 2 to cover the shorts and 7 for recovery. Target @ 2383.00.
Market appears to be getting choppy. Doing some head spins.
Target hit, we are flat with $418 profit.
10,000 tick gives us a sell signal at the same time as the 2,000 tick. Took 2 short @ 2380.25. Target @ 2379.25.
More choppiness.
The 2,000 tick makes a double test of support then rallies into a buy signal. Flipped Trade. Took 7 long @ 2381.75. 2 to over the shorts and 5 for recovery. Target @ 2382.75.
Followed through. Target hit, we are flat with $501 profit.
Consolidation at the day high then a shallow break out with a 10,000 tick buy signal. Took 2 long @ 2384.00. Target @ 2385.00.
Target hit, we are flat with $596 profit.
Shallow PB on the 2,000 tick then rally into a buy signal. Took 2 long @ 2385.75. Target @ 2386.75.
Held this trade through some of the SWS chatter and uncertainty rather than flipping back and forth.
Got tired of watching this choppy uncertainty so pulled the target down to just above break even @ 2386.00 Target hit, we are flat with $617 profit.
Calling it a day and a week.
Summary and Charts below.
Pre-Market Trading
The 10,000 tick chart gave a buy signal at 3:24 preceded by rising bottom in the 2,000 tick. Did not take this because the statistical probability of success was only 50%. The trade was a good one and the market rallied about 4 points from the signal.
From the rally the market pulled back, then rallied from a higher low on the 2,000 tick into a buy signal. Took 2 long @ 2369.25. Target @ 2370.25.
Target hit, we are flat with $95 profit.
Switch to Real Money Account for Open Trade
Coming into the open, the 8:09 close on the 10,000 tick chart gave us a sell signal. Took 2 short @ 2369.00. Target @ 2368.00.
The market came down and touched the target, but I did not get filled.
The market then rallied into the open and at 8:30 gave buy signals in the 30 min chart. I hesitated a bit to see what the market would do then flipped the trade taking 7 contracts long @ 2371.00. @ to cover the shorts and 5 for recovery. Target @ 2372.00. As the market started to run up I pushed the target to 2372.25.
Target hit, we are flat with $90 profit.
Switch back to Simulation
Market continues to rally. 10,000 tick give us a buy signal. Took 2 long @ 2373.75. Target @ 2374.75.
We are approaching yesterdays high. Will probably see resistance.
Consolidated below resistance then broke higher. Hit target, we are flat with $190 profit.
10,000 tick continuation buy signal . Took 2 long @ 2378.25. Target 2379.25.
No follow through. Market declined on 2,000 tick, rallied into lower short term high then declined into a sell signal. Took 6 short @ 2377.25. 2 to cover the longs 4 for recovery. Target @ 2376.25.
No follow through and a head spin, market rallies. Forgot to cancel my sell order for the previous trade so end up 6 short at an average price of 2377.91. Market rallies into a buy signal in the 2,000 tick chart. Flip trade took 15 long @ 2379.00. 6 to cover the shorts, 9 for recovery. Target @ 2380.00.
Target hit we are flat with $174 profit. A minor set back.
2,000 tick pullback then rally off higher short term low into a buy signal. Took 2 long @ 2379.50. Target @ 2380.50.
Target hit, we are flat with $269 profit.
Both 30 min and 10,000 tick give buy signal @ 9:30 close. Took 2 long @ 2380.50. Target @ 2381.50.
Target hit, we are flat with $365 profit.
2,000 tick pulls back, breaks below trend line, consolidates then breaks lower into a sell signal. Took 2 short @ 2379.25. Target @ 2378.25.
No follow through and the market rallied back into a buy signal on the 10,000 tick chart. Flipped taking 9 long @ 2382.00. 2 to cover the shorts and 7 for recovery. Target @ 2383.00.
Market appears to be getting choppy. Doing some head spins.
Target hit, we are flat with $418 profit.
10,000 tick gives us a sell signal at the same time as the 2,000 tick. Took 2 short @ 2380.25. Target @ 2379.25.
More choppiness.
The 2,000 tick makes a double test of support then rallies into a buy signal. Flipped Trade. Took 7 long @ 2381.75. 2 to over the shorts and 5 for recovery. Target @ 2382.75.
Followed through. Target hit, we are flat with $501 profit.
Consolidation at the day high then a shallow break out with a 10,000 tick buy signal. Took 2 long @ 2384.00. Target @ 2385.00.
Target hit, we are flat with $596 profit.
Shallow PB on the 2,000 tick then rally into a buy signal. Took 2 long @ 2385.75. Target @ 2386.75.
Held this trade through some of the SWS chatter and uncertainty rather than flipping back and forth.
Got tired of watching this choppy uncertainty so pulled the target down to just above break even @ 2386.00 Target hit, we are flat with $617 profit.
Calling it a day and a week.
Summary and Charts below.
Comments
Post a Comment