June 16th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $257, Sim Trade Profit $749

Opening Comments

Got off to a shaky start yesterday, but managed to pull it together and exceed our daily target.
Worked for every cent we made yesterday, no easy trades in the Real Account.

The market has rallied out of the open into a consolidation range.
Waiting to see what it does next.

Real Money Trading S&P 500 e-Mini

2,000 tick pulled back then rallied off a higher short term low into a buy signal. 2:02 - Took 1 long @ 2436.25. Target @ 2437.25.
No follow through. the market faded lower. The 2,000 tick made a lower short term high and declined into a sell signal. Flipped Trade. 4:52 - Took 4 short @ 2434.50. 1 to cover the long and 3 for recovery. Target @ 2433.25

So, we are stuck in a sideways range looking like the next signal might be for a long reversal. If that happens it would require 11 contract which is more exposure than we can handle. We would go to plan B.

The 2,000 tick forms another lower short term high then declines into 2 consecutive sell signals and breaks through the bottom of the range. Adjusted the target to 2432.75 based on this sell signal.
Target hit, we are flat with $150 profit. A good start to the day.

Now we get set up for the Open Trade.

The 8:00 am 30 min bar gave us a naked close sell signal. This signal has a statistical probability of 76% on any day of the week and has been 100% so far on Friday's. Took 1 short @ 2431.25. Target @ 2430.25.

8:23 - 10,000 tick gives a sell signal in support with a entry point @ 2431.00. Adjust target to 2430.00

Everything right at the open is a buy.

The market dropped on the open. Hit our target, we are flat with $200 profit.

8:35 - 10,000 tick gives us a sell signal. Took 1 short @ 2428.00. Target @ 2427.00.
Target hit, we are flat with $257 profit.

We have exceeded the daily target.

Switch to Sim Account.

Simulation Trading LW Best TDOM  Bonds

TDOM Entry Long Signal Day 14/06/17
Entry on 15/06/17 @ 155 20/32nd's
Stop @ 154.00
First profit exit day 19/06/17

15/6/17
At the open we are down a couple hundred dollars.
See what the day brings.
If we are in profit at the end of the day we will cover the trade rather than hold for the weekend.
Cover the position @ 155 24/32nd's
Profit on trade $125

Simulation Trading S&P 500 e-Mini

Made our target in the Real Account so now starting Sim Trading at 8:30 am.

2,000 tick consolidates then breaks lower. 8:44 - Took 2 short @ 2424.00. Target @ 2423.00.
Target hit, we are flat with $95 profit.

2,000 tick rallies from the low into 2 consecutive buy signals. 8:48 - Took 2 long @ 2425.25. Target @ 2426.25.
Target hit, we are flat with $190 profit.

2,000 tick declines of recent high into 2 consecutive sell signals. 9:01 - Took 2 short @ 2423.50. Target @ 2422.50.
No follow through. 2,000 tick rallies off a higher short term low into a buy signal. Flip Trade. 9:04 too 5 long @ 2425.00 2 to cover the shorts and 3 for recovery. Target 2426.00.
Target hit, we are flat with $178 profit. Should have taken 1 more contract for recovery.

4 bar consolidation on the 2,000 tick @ previous high resistance then break lower into a sell signal. 9:11 - Took 2 short @ 2425.50. Target @ 2423.50.
Target hit, we are flat with $273 profit.

Consolidation the move lower into a sell signal on the 2,000 tick. 9:25 - Took 2 short @ 2423.25. Target 2422.25.
Target hit, we are flat with $368 profit.

2,000 tick comes off the low into 2 consecutive buy signals. 9:36 - Took 2 long @ 2423.25. Target @ 2424.25.
Target hit, we are flat with $464 profit.

2,000 tick declines of last rally high into 2 consecutive sell signals. 9:50 - Took 2 short @ 2423.50. Target @ 2422.50.
Target hit, we are flat with $559 profit.

2,000 tick rallies off the low into 2 consecutive buy signals. 9:59 - Took 2 long @ 2422.25. Target @ 2423.25.
Target hit, we are flat with $65 profit.

2,000 tick pulls back then advances off higher short term low into a buy signal. 10:30 - Took 2 long @ 2424.00. Target @ 2425.00.
Target hit, we are flat with $749 profit.

Enough for today, it is 10:30 am.
Collectively between the Sim account and real account we have $989 profits for the day.

Daily Summary & Charts

2,000 tick chart with entry and exit points
Yellow triangle is a short entry
White triangle is a short cover
Blue circle with black triangle inside is a long entry
White circle with a black triangle inside is a long exit
Numbers above or below the bars are net position



















Solid performance today.
The market was flowing well which results in better follow through and more consistently successful trades.




























Good looking equity chart today.
















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