June 29th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $, Sim Trade Profit $

Opening Comments

Still in the moving process.
Spending a few days in the South of Spain.

Finished of the June short with a nice profit.

Will be looking at the July 4th Long next.

Real Money Trading S&P 500 e-Mini

There is a Special Holiday Trade around the July 4th Holiday in the USA.
This is a long trade.

The best entry day for this trade was the 28th of June.
The market had rallied on the 28th making the entry on the open a good entry point.
I missed that entry day.

The 29th of June is also a good day for entering this trade, with only slightly lower odds of success.
I was not watching the market at the open, so did not enter at that time.

I logged in at about 9:45 and the market was rallying of the day low and had given a buy signal in the 10,000 tick chart. This looked like a decent entry point for the trade as the market had declined significantly out of the open.

I took 1 contract long @ 2433.00.

The rules are to buy on the open, hold the trade for one session then exit on the next profitable open.
This means I should hold until the 3rd of July before I exit.

However, since I got in at a much better entry I will modify the exit somewhat using some of the Fibonacci and support / resistance concepts.
Initial target placed @ 2438.00, just below some congestion @ the opening price of the day which will act as resistance.

There is a stop of $1,700, putting the stop @ 2401.00.

Simulation Trading LW Best TDOM  Bonds

Nothing on Bonds right now

Simulation Trading S&P 500 e-Mini

We are flat in the Sim Account and will probably not trade today.

Daily Summary & Charts
There has been some wild volatility in the last couple of days.

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