July 31st, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $0, Sim Trade Profit $876

Opening Comments

The market opened at the same level as the Friday close.
No market moving events over the weekend.

We are short 8 contracts with an average price of 2440.00.
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.

Based on cycle and inter-market analysis that we follow, we are expecting a market correction in the near term, before the end of July.

Real Money Trading S&P 500 e-Mini

Short 8 contracts at an average price of 2440.00.

Continue to monitor.

Simulation Trading LW Best TDOM  Bonds

We are long 1 @ 153 from 27/07/17.
Stop @ 151 12/32
1st exit day 31/07/17
Closed this trade on the open of 31/7/17 @ 153 9/32 for a profit of $280.

 31/07/17 is a TDOM entry day.
Placed order for 1 long @ 153 5/32., order filled
Long 1 @ 153 5/32.
Stop @ 151 17/32
1st exit day is 02/08/17

Simulation Trading S&P 500 e-Mini

 The market re-opened at the Friday close then declined about 4 points.
After the decline the normal move back toward the open began, this is a pattern we see often in the overnight trading.
A move away from the open then a gradual drift back towards the open prior to the regular hours open.
Our first trade came just before the European open as the rally back to the open started.
Flip Trade Rule (Modified 27/07/17)
When Flipping trades we flip immediately to 5 contracts.
This will apply to apply to all trades that do not follow through.

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
1:58
Long
1st 2 UP
1
2468.75
2471.75
$147
$147





Forgot to put in the order to sell this at a 1 point target.
The market moved up into another buy signal so I used this signal for the target.
Got to get lucky once in a while.
1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
2:15
Long
Cont-L
1
2472.50
2473.50
$48
$195





1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
4:09
Short
1st 2 DWN
1
2471.25
2470.25
$47
$242




1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
10:38
Long
Cont-L
1
2469.50
2468.50
-$52
$190






No follow through to the Long side, Flip Trade.
1 Contract to Cover.
5 Contracts for Recovery.

Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
11:08
Short
1st 2 DWN
1
5
2468.50
2470.00
-$386
-$196
No follow through to the Short side, Flip Trade.
5 Contracts to Cover.
5 Contracts for Recovery.

Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
11:25
Long
1st 2 UP
5
5
2470.00
2471.00
$237
$41
1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
11:28
Long
Cont-L
1
2470.50
2471.50
$48
$89
1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
12:11
Short
W-TOP
1
2469.75
2468.75
$47
$136





 1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
12:15
Short
Cont-L
1
2469.00
2469.75
-$40
$96





 No follow through to the Short side, Flip Trade.
1 Contract to Cover.
5 Contracts for Recovery.
Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
13:07
Long
HI'r-LO's
1
5
2469.75
2470.75
$238
$334
1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
13:37
Short
1st 2 DWN
1
2468.75
2470.25
-$77
$257





No follow through to the Short side, Flip Trade.
1 Contract to Cover.
5 Contracts for Recovery.

 Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
14:26
Long
1st 2 UP
1
5
2470.25
2471.25
$238
$495
1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
14:32
Long
Cont-L
1
2471.50
2470.00
-$77
$418





 No follow through to the Long side, Flip Trade.
1 Contract to Cover.
5 Contracts for Recovery.

 Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
14:51
Short
1st 2 DWN
1
5
2470.00
2469.00
$238
$656
1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
14:56
Short
Cont-S
1
2469.00
2468.00
$47
$703





 1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
14:59
Short
Cont-S
1
2467.50
2468.75
-$65
$638




No follow through to the Long side, Flip Trade.
1 Contract to Cover.
5 Contracts for Recovery.

 Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
15:01
Long
HI'r-LO's
1
5
2468.75
2469.75
$238
$876

 Closed the day with a profit of $876.
The Flip Techniques worked today.

 Daily Summary & Charts


































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