July 20th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $0, Sim Trade Profit $481

Opening Comments

Yesterday was not a good day for us.
The market continued to rally putting us deeper in the hole and further away from the 50% retracement level.

Based on some analysis we could see the market rally to the 2480 level before correcting.
We will continue to monitor and look for a point to take more short positions to get our average price back into range for the correction that normally occurs after a run like this.

We are short 6 contracts with an average price of 2430.00.

Our target is held over from early last week at 2419.25.

Profit Target for this week is $350 per day, once we close out the current open position.

Real Money Trading S&P 500 e-Mini

We are short 6 contracts from yesterday with an average price of 2430.00

Target still at 2419.25.

We continue to monitor the situation.

We will be looking for a day with a lower close and then possibly take a couple more short positions to improve our position.

Simulation Trading LW Best TDOM  Bonds

Closed out the Bonds position on the open for a profit of $1,187.

Waiting for next TDOM entry day 26/7/17.

Simulation Trading S&P 500 e-Mini

In an attempt to find a way to better manage our positions based on the limited capital in the Real Money account and to avoid the current situation I will apply a new set of rules to the Sim Account that will better mirror the Real Account.

When Flipping trades we will not allow more than 5 net contracts for recovery.
If a Flip requires more than 5 contracts we will Stop-Out the failed trade at the entry point of Flip and start over.
We will see how this affects our overall equity growth.

Trade Signals
Signal Type
Long Signal Name
Long Signal Acronym
Short Signal Name
Short Signal Acronym
Continuation Trades
Continuation Trade – Long
Cont-L
Continuation Trade – Short
Cont-S
Trend Correction Trades
Rally off higher short-term Low – Long
HI’r-LO’s
Decline off lower short-term High – Short
LO’r-HI’s
Consolidation Trades
Consolidation Break Out – Long
Cons-BO
Consolidation Break Down – Short
Cons-BD
W Trades
W Bottom – Long
W-BTM
W Top – Short
W-TOP
1st 2 in a Row Trades
1st 2 in a Row Up – Long
1st 2 UP
1st 2 in a Row Down – Short
1st 2 DWN

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
 2:41
Long 
Cont-L 
1 
2473.00 
2474.00 
$47 
$47 





1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
 6:50
Long 
HI'r-LO's 
1 
2473.00 
2474.00 
 $48
$95 





1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
 7:06
Long 
Cont-L 
1 
2473.50 
2474.50 
 $47
 $142

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
7:24 
Long 
Cont-L 
1 
2475.50 
2473.75
- $89
 $53




 No follow through to the Long side, Flip Trade.

 Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
 7:44
 Short
1st 2 DWN 
1 
3 
2473.75 
2472.75 
$142 
$195 
1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
 7:48
Short 
Cont-S 
1 
2472.75 
 2471.75
 $48
 $243

Coming into the Reg hours Open we are seeing a Long bias.

 1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
11:29 
Long 
Cont-L 
1 
2473.00 
 2474.00
 $47
 $290

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
12"07 
Long 
 HI'r-LO's
 1
2473.50 
 2474.50
$48 
 $338

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
 12:48
Long 
 Cons-BO
1 
2474.25 
2472.50
-$90
$248



No follow through to the Long side, Flip Trade.

Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
13:32
Short
1st 2 DWN
1
2
2472.50
2471.50
$96
$344

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
13:39
Short
Cont-S
1
2470.50
2472.33
-$78
$263
No follow through to the Short side, Flip Trade.

Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
13:48
Long
1st 2 UP
1
3
2472.33
2473.50
$178
$434

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
13:52
Long
Cont-L
1
2473.25
2474.25
$47
$481






Close to the close.
Calling it a day.

Daily Summary & Charts






























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