September 6th, 2017 - S&P 500 e-Mini - Trading Activity - Today's Real Money Profit $0 / Sim Trade Profit $431

Opening Comments @ 2:00

 Not much overnight activity, the market has just hovered around the open so far.
The overnight volume to this time has been pretty light.

Nothing significant happened at the 2:30 European open.
The market is drifting a bit higher into the regular hours open.

Closing Comments

 Added 2 Positions to the Real account Plan B trade today.
We are now holding 5 contracts short at an average price of 2456.85
Target is set at 2455.75

We may be a bit more conservative adding contracts tomorrow.

The rally into resistance at the 2470 level and the late day sell off leaving us with an inside day with an up close puts us in a pretty good position with the short trade with the market closing at 2464.25


 A choppy market for much of the day put us into a couple of Plan B trades on the Sim Account.
But, they were managed out during the day as Plan B management worked well in todays market.

Profit in the Sim Account today was $431.

No closed out trades in the Real Money account today.

 Real Money Trading S&P 500 e-Mini

Yesterday was a good day.
We got out of the Plan B trade we were in from last week with a nice profit and continued to trade adding a few more dollars to that win, closing the day with a $1,500 profit.

Then we got back into a Plan B situation and are now holding 3 contracts short at an average price of 2452.17
Our target is set at 2451.00
We will continue to manage this aggressively taking reversal signals until we are up near the 7 or 8 contract level then we will be less aggressive, if the trade is still active at that time.

1st Trade - Plan B @ 05/09/17
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
12:32
Short
Cont-S
1
2448.25







No follow through to the Short side.
Flip trade would take more than 5 contracts.
Revert to Plan B.

Plan B - Add to Short Position @ 05/09/17
Time
Signal Type
#Contracts Added
# Total Contracts
Entry Price
Average Price
Exit Price
Trade Profit
Day Profit
13:15
1st 2 DWN122453.252450.75

Plan B - Add to Short Position @ 05/09/17
Time
Signal Type
#Contracts Added
# Total Contracts
Entry Price
Average Price
Exit Price
Trade Profit
Day Profit
13:41
1st 2 DWN132455.002452.17

Plan B - Add to Short Position @ 06/09/17
Time
Signal Type
#Contracts Added
# Total Contracts
Entry Price
Average Price
Exit Price
Trade Profit
Day Profit
8:34
1st 2 DWN142463.002454.88
Adjusted Target to 2453.75

 Plan B - Add to Short Position @ 06/09/17
Time
Signal Type
#Contracts Added
# Total Contracts
Entry Price
Average Price
Exit Price
Trade Profit
Day Profit
12:57
1st DWN off RES152464.752456.85
Adjusted Target to 2455.75

Simulation Trading S&P 500 e-Mini

Will Sim trade while the Real account is in Plan B management.

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
9:16
Short
1st 2 DWN
1
2464.25
2463.25
$47
$47





1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
9:18
Short
Cont-S
1
2463.25
2462.25
$48
$95





1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
9:19
Short
Cont-S
1
2462.00
2463.50
-$82
$13




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

Flip Trade - Plan B 1st Entry @ 06/09/17
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
9:34
Long1st 2 UP142463.502463.50$0$13
No follow through to the Long side.
Flip trade would take more than 5 contracts.
Revert to Plan B.
Plan B - Add to Long Position @ 06/09/17
Time
Signal Type
#Contracts Added
# Total Contracts
Entry Price
Average Price
Exit Price
Trade Profit
Day Profit
9:47
1st 2 UP152460.502462.902463.50$145$158
Target set @ 2464.00
Plan B - Add to Long Position @
Time
Signal Type
#Contracts Added
# Total Contracts
Entry Price
Average Price
Exit Price
Trade Profit
Day Profit
10:21
1st UP off SUP162460.502462.502463.50$145$303
Target set @ 2463.50

 Target Hit. Plan B Out. 
Back to Normal Trading.

 1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
11:27
Long
Cont-L
1
2463.00
2464.00
$48
$351




1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
12:57
Short
1st DWN off RES
1
2464.75
2466.75
-$106
$245





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

Flip Trade
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
13:11
Long1st 2 UP132466.752467.75$146$391

1st Trade
Time
Trade Direction
Signal Type
#Contracts
Entry Price
Exit Price
Trade Profit
Day Profit
13:24
Long
Cons-BO
1
2467.25
2466.25
-$55
$336




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

Flip Trade - Plan B 1st Entry @ 06/09/17
Time
Trade Direction
Signal Type
#Contracts Cover
#Contracts Recovery
Entry Price
Exit Price
Trade Profit
Day Profit
13:47
Short1st 2 DWN122466.252465.25$95$431
No follow through to the Short side.
Flip trade would take more than 5 contracts.
Revert to Plan B.
Market reversed, short target hit, no further action required.
Target Hit. Plan B Out. 

Back to Normal Trading.

 Calling it a wrap for the day with a profit of $435

 Daily Summary & Charts (SIM Account)

An inside day with lower volatility than we have seen for a few days.
Volume was still strong at over 1.5 million contracts traded.
Was a choppy day making it a bit tricky to trade and resulted in a couple of intra-day Plan B trades.









































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