July 13th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $0, Sim Trade Profit $0

Opening Comments

We are short 5 contracts at the open with an average price of 2424.65.

The market opened at 2442.25 and has gone sideways out of the open on light activity.

Profit Target for this week is $350 per day.

Real Money Trading S&P 500 e-Mini

We are short 5 contracts from yesterday with an average price of 2424.65.

The market has gone sideways under resistance around the 2442 level since yesterdays early morning rally.

Same question today as yesterday, how to manage this short position.

We added one position yesterday to bring our break even closer to the trading level.

Our target is 2419.25, which is about the 70% retracement level of this recent rally.
This may be optimistic in the short term.

We will see what the market does today and adapt our plan accordingly.

Not a very exciting day.
Sitting on a trade gets a bit boring.
Traded in a fairly narrow range all day.
Closed slightly higher.

Did not take on any additional positions.

Ended the day with 5 short at 2424.65.
Position is down about $4,500.

Target still at 2419.25.

Simulation Trading LW Best TDOM  Bonds

We are flat in Bonds.

Next TDOM entry day is 14/7/17 for a long position.
Placed an order for 1 long at 152 5/32, just below today's close.

Simulation Trading S&P 500 e-Mini

No Simulation Trading today.

Daily Summary & Charts


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