June 12th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $260, Sim Trade Profit $691

Opening Comments

Friday's activity, Outside day with a down close is considered a Bullish signal.
The first good TDOM to go long in the S&P 500 is todays open.

Nothing exciting at the open, no gaps, no big moves.

Our daily profit  target this week goes up to $200
Let's focus and get it done.

Real Money Trading S&P 500 e-Mini

The market gave a sell signal on the 2,000 tick @ 23:05.
Was late getting up so did not see it and missed that one.

2,000 tick rallied then declined off a lower short term high into a sell signal. Took 1 short @ 2424.00.
Target @ 2423.00.
Target hit, we are flat with $45 profit.

Market was moving lower and setting up for another sell signal.
I adjusted an entry point to get my order ready, accidentally hit the buy button and ended up with 1 long @ 2423.00.
By the time I noticed the market already moved away from break even. Normally the morning market moves will realign them selves with the open so we can anticipate a rally back to this entry point.
I put a target in at 2423.25 to recover fees on the trade.
So, the market came back to us and hit the target.
We are out of that little OOPS without any damage with a profit of $55.

Now we can settle in and get on with the day rest of the day.

The market finds support in a Friday afternoon level.
2,000 tick does a double test of this support level then rallies into a buy signal.
Put an order in to buy 1 @ 2422.00 which is .25 below the open of the entry bar.
I did not get filled and the market moved up so I cancelled the order.

We are now about 1 1/2 hours from the open and it appears the market has entered that pre-market phase of uncertainty. Going SWS in a range.

We see an established up trend in the range, the down trend has been broken and the 2,000 tick breaks higher into a buy signal. 7:26 - Took 1 long @ 2424.25. Target @ 2425.25.
Target hit, we are flat with $100 profit.

7:52 - 10,000 tick gives us a buy signal. This signal has a statistical probability of 83%. Took 1 long @ 2425.00. Target @ 2426.00.
No follow through. 2,000 tick declined into 2 consecutive sell signals. Flipped Trade. 8:11 - took 4 short @ 2423.25. 1 to cover the long and 3 for recovery. Target @ 2422.25.

We are short 3 coming into the open with the market not really giving any clear indication for the open trade, and we are already at a level where we cannot flip due to the number of contracts. We will hold the short and go to Plan B if required.
The market rallied back to near the open then started a rapid decline and hit my target.
We are flat with $150 profit.

Market rallies off support into 2 consecutive buy signals on 2,000 tick chart. Took 1 long @ 2424.00. Target @ 2425.00.
No follow through and I hesitated on the flip trade, so am back again to looking at plan B.

Got a buy signal on the 2,000 tick coming off the decline. 8:56 took 1 long @ 2418.75. Net long 2 at average price of 2421.375.

Moved target to 2422.50

Market rallies back, target hit, we are flat with $260 profit.

Have exceeded today's profit target.
Switch to Sim Account.

Simulation Trading LW Best TDOM  Bonds

TDOM entry short signal day 8/6/17
Place order for 1 short @ 154.375
Filled on the open @ 154.5625
Stop @ 156.1875
First profit exit day is 13/06/17

12/6/17
@ the open we are in profit, $375.

Simulation Trading S&P 500 e-Mini

9:24 - 10,000 tick give me a buy signal. Take 2 long @ 2423.00. Target @ 2434.00.
No follow through. 2,000 tick double tests the rally high then declines into a second consecutive sell signal. Flip trade. 9:27 - Took 5 short @ 2422.00. 2 to cover the longs and 3 for recovery. Target @ 2421.00.
Target hit, we are flat with $38 profit..

9:23  - 10,000 tick gives us a sell signal. Put order in, but did not get filled. Market ran away.
Cancelled order.

9:37 - 10,000 tick gives us a sell signal. Took 2 @ 2421.00. Target @ 2420.00
Target hit, we are flat with $130 profit.

2,000 tick breaks out of consolidation, gives second consecutive sell signal from last low.  9:41 - Took 2 long @ 2423.00. Target @ 2424.00.
Order entry system is lagging badly. got a horrible fill on this last entry. 1 point higher than I wanted.
Adjusted target to 2423.25 to flush it out and get flat.
Target hit, we are flat with $150 profit.

2,000 tick declines off a lower short term high into a second consecutive sell signal of the rally high. 9:49 - Took 2 short @ 2422.25. Target @ 2421.25.
No follow through. 2,000 tick breaks higher into 2 consecutive buy signals. Took 8 long @ 2424.50. 2 to cover the shorts and 6 for recovery. Target @2425.50.
Took a while, but the target was hit, we are flat with $220 profit.
We are seeing more volatility today than we have for some time. But is a choppy volatility.

2,000 tick declines off the recent high into 2 consecutive sell signals. 10:20 - took 2 short @ 2424.00. Target @ 2423.00.

The 2,000 tick declines off a lower short term high into another sell signal with entry point at 2423.25.
Adjust our target to this entry point. Move lower to 2422.25.
Target hit, we are flat with $391 profit.

10:40 - 10,000 tick and 2,000 tick give sell signals. Took 2 short @ 2422.75. Target @ 2421.75.
Target hit, we are flat with $487 profit.

2,000 tick declines off a lower short term high into a sell signal. 11:24 - Took 2 short @ 2420.25. Target @ 2419.25.
Target hit, we are flat with $582 profit.

2,000 tick comes of recent low into 2 consecutive buy signals. 12:18 - Took 2 long @ 2421.00. Target @ 2422.00.
Target hit, we are flat with $675 profit.

2,000 tick declines of recent high into 2 consecutive sell signals. Put order in for 2 short. But order entry system is sluggish again and market dropped before the order was accepted. Cancelled order.

13:02 - 10,000 tick gives us a sell signal. Took 2 short @ 2419.50. Target @ 2418.50.
No follow through. 2,000 tick rallies of recent low into 2 consecutive buy signals. Flip Trade. 13:12 - Took 6 long @ 2421.50. 2 to cover the shorts and 4 for recovery. Target @ 2422.50.
No follow through. 2,000 tick makes a lower short term high and declines into a sell signal. Flip Trade. 13:23 - Took 12 short @ 2420.75. 4 to cover the longs and 8 for recovery. Target 2419.75.
Target hit, we are flat with $691 profit.

The sluggish order entry system is making it hard to trade.
Will call it a day.

Daily Summary & Charts












































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