Archive for category Trading Diary

Trading Update Oct 21 201

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Since October 6th, we had a reversal with a LONG bias.  Technically speaking, Longterm (LT) and ShortTerm (ST) are Long biased.  Prices (of S&P 500) following an upchannel as shown below.  Prices are now getting overbought in the 60 and 720 timeframes (97% overbought in 720).  Prices reached the significant target of 1940 (resistance).  There is still room for 1 or 2 more up moves in the next 24 hours.  Time to tighten trailing stops and some profit taking.

ES Oct 21 2014 Up

1940 (resistance and target) also coincides with the 200 MA of the 720 timeframe.

Following the next move, we would expect if there is a new long term trend developing, that it will begin to show it’s face soon.

Trading October 14, 2014

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Prices are now significantly exhausted from this down move that started September 19 at 2013 to 1863 (150 points down in 26 days).  We are looking for a breather and reverse to LONG at the first opportunity unless prices go significantly below 1860.  Clearly this cycle that started UP on August 14 to the peak on September 19 to today, has shown different characteristics than any other cycle during the entire last 2 years.  For one, the momentum of the upmove has changed the future price action outlook, meaning a new theme is evolving.

(while it took 36 days going up and 26 days to come down breaking below the starting point).

ES Oct 14 2014 60 min Exhausted

The 760 min chart shows how prices hit further down the normal channel  (45 degrees) to a deeper channel (60 degrees) while breaking the prior low of the start of the cycle in August 14.

ES Oct 14 2014 360 min Oversold

Looking at it from longer term perspective  (Daily), the UpTrend started late in 2013 reached a terminal point with a move than widened the Bollinger Band (BB) while touching the 200 MA.  All timeframes are now oversold.  We expect prices to move UP toward 1940-1950 range first.

ES Oct 14 2014 Daily OversoldES Oct 14 2014 Daily Oversold Closeup

October 13 2014 Trading

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Prices have continued down and is now oversold at the 720 minutes level.  Prices last tested the 1900 (1903) and sold off to 1863.  There is a negative divergence created in the last move signifying the down energy is exhausting, at least only until recovery to the 1920 to 1900 is retested.  We will be watching volume capitulation as final exhaustion.  Volume has been increasing. If capitulative volume does not occur, the downtrend will have more severe moves down now instead of later.

ES Oct 13 2014 720 min Profittaking

The quality of the negative divergence as shown in the 60 minutes is of mild nature

ES Oct 13 2014 60 min Profittaking

October 10, 2014

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We are resuming recording of important trading events.

On September 18, the system gave a signal with a potential for a long term effect.  A SHORT signal was received at 2010.00 with conditions significantly overbought in the S&P 500 equity index.

This is shown in the following chart:

2014 calling top Sep 18

Noticed that the negative divergence around September 1 from the last Uptrend leg that started in Aug. 7.  A classical Wave 4 (value of divergence was 0) and a final exhaustion move with large price increase but little energy (divergence – in blue – did not reach the strength from before even though prices went up – ie an empty move – all signs of exhaustion confirmed by overbought conditions).

That makes this move more interesting is the prices of Copper (in our opinion) which have now returned to test the low 3.00 mark and fundamental events regarding global economic slowness in the last remaining economic pedestal – China. The correction of China economic contraction is gaining attention especially with Hong Kong social unrest from the “Occupy Movement”.  (Hong Kong is key for bonds for the Asian region including China). 

With the US zigzag GDP estimated at 2% now and Europe remaining at an anemic 1% and now China reducing its growth estimates from 8% (a year ago) down to 7.6% and with other experts further lowering estimates to as low as 7.2% present areas of concerns for most macro economist. Given that the US central bank has been reducing its Quantitative Easing (QE) program with an estimate to end shortly, this would reduce a significant amount of capital influx into the capital markets.  Add also increased global geopolitical activity.  All of this added together and if the theory is correct, there is a stage of maturity requiring taking note.

Furthering the events of September 18 until today, we have broken for the first time in 24 months, the 200 MA of the 720 chart as shown below:

ES Oct 10 2014 Channel Down

Notice the channel that has developed since Sep 18 SHORT and also the increasing volume in the down channel with prices down that has exceeded the bottom of the channel with speed.

Volatility is increasing making options trading an attractive vehicle.

Prices stand now at the 1890 support level (1893) in the daily charts while down move is just beginning to reach oversold conditions, meaning there is further room for selling.

Note – The information in this article is both private and for informational purposes only.  No advice or recommendation is given even if the language may suggest so.

January 2012 Trading Dairy

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The following is the trading dairy for January to date:

1962 Buy 2011-12-30 13:15 LONG $1,253.00 8.00
Sell 2012-01-03 03:30 % Trailing Stop $1,277.25 9,700.00
1963 Buy 2012-01-03 03:30 LONG $1,277.00 8.00
Sell 2012-01-03 04:30 % Trailing Stop $1,277.50 200.00
1964 Buy 2012-01-03 04:30 LONG $1,273.50 8.00
Sell 2012-01-03 05:30 % Trailing Stop $1,273.50
1965 Buy 2012-01-03 05:30 LONG $1,271.25 8.00
Sell 2012-01-03 06:30 % Trailing Stop $1,274.50 1,300.00
1966 Buy 2012-01-03 06:30 LONG $1,273.50 8.00
Sell 2012-01-03 07:30 % Trailing Stop $1,279.00 2,200.00
1967 Buy 2012-01-03 07:30 LONG $1,278.00 8.00
Sell 2012-01-03 08:30 % Trailing Stop $1,279.25 500.00
1968 Buy 2012-01-03 08:30 LONG $1,277.75 8.00
Sell 2012-01-03 09:30 % Trailing Stop $1,278.25 200.00
1969 Buy 2012-01-03 09:30 LONG $1,275.50 8.00
Sell 2012-01-03 12:30 % Trailing Stop $1,276.50 400.00
1970 Buy 2012-01-03 12:30 LONG $1,273.75 8.00
Sell 2012-01-03 13:15 % Trailing Stop $1,275.75 800.00
1971 Buy 2012-01-03 13:15 LONG $1,272.25 8.00
Sell 2012-01-03 14:30 % Trailing Stop $1,273.50 500.00
1972 Buy 2012-01-03 14:30 LONG $1,273.50 8.00
Sell 2012-01-04 00:30 % Trailing Stop $1,274.25 300.00
1973 Buy 2012-01-04 00:30 LONG $1,273.00 8.00
Sell 2012-01-04 01:30 % Trailing Stop $1,273.50 200.00
1974 Buy 2012-01-04 01:30 LONG $1,273.50 8.00
Sell 2012-01-04 02:30 % Trailing Stop $1,274.50 400.00
1975 Buy 2012-01-04 02:30 LONG $1,271.50 8.00
Sell 2012-01-04 03:30 % Trailing Stop $1,273.00 600.00
1976 Buy 2012-01-04 03:30 LONG $1,269.00 8.00
Sell 2012-01-04 04:30 % Trailing Stop $1,271.25 900.00
1977 Buy 2012-01-04 04:30 LONG $1,269.50 8.00
Sell 2012-01-04 05:30 % Trailing Stop $1,270.00 200.00
1978 Buy 2012-01-04 05:30 LONG $1,267.25 8.00
Sell 2012-01-04 06:30 % Trailing Stop $1,269.00 700.00
1979 Buy 2012-01-04 06:30 LONG $1,268.00 8.00
Sell 2012-01-04 07:30 % Trailing Stop $1,270.00 800.00
1980 Buy 2012-01-04 07:30 LONG $1,264.75 8.00
Sell 2012-01-04 08:30 % Trailing Stop $1,264.75
1981 Buy 2012-01-04 08:30 LONG $1,267.00 8.00
Sell 2012-01-04 09:30 % Trailing Stop $1,267.00
1982 Buy 2012-01-04 09:30 LONG $1,271.50 8.00
Sell 2012-01-04 10:30 % Trailing Stop $1,271.75 100.00
1983 Buy 2012-01-04 10:30 LONG $1,270.00 8.00
Sell 2012-01-04 11:30 % Trailing Stop $1,270.00
1984 Buy 2012-01-04 11:30 LONG $1,271.75 8.00
Sell 2012-01-04 12:30 % Trailing Stop $1,273.50 700.00
1985 Buy 2012-01-04 12:30 LONG $1,272.00 8.00
Sell 2012-01-04 13:15 % Trailing Stop $1,273.50 600.00
1986 Buy 2012-01-04 13:15 LONG $1,273.25 8.00
Sell 2012-01-04 14:30 % Trailing Stop $1,273.50 100.00
1987 Buy 2012-01-04 14:30 LONG $1,273.00 8.00
Sell 2012-01-05 03:30 Exit20-L $1,262.75 (4,100.00)
1988 Sell Short 2012-01-05 04:30 SHORT $1,265.75 8.00
Buy to Cover 2012-01-05 05:30 % Trailing Stop $1,264.00 700.00
1989 Buy 2012-01-05 05:30 LONG $1,270.25 8.00
Sell 2012-01-05 06:30 % Trailing Stop $1,271.50 500.00
1990 Buy 2012-01-05 06:30 LONG $1,265.75 8.00
Sell 2012-01-05 07:30 % Trailing Stop $1,267.00 500.00
1991 Buy 2012-01-05 07:30 LONG $1,265.75 8.00
Sell 2012-01-05 08:30 % Trailing Stop $1,268.75 1,200.00
1992 Buy 2012-01-05 08:30 LONG $1,269.00 8.00
Sell 2012-01-05 09:30 % Trailing Stop $1,271.25 900.00
1993 Buy 2012-01-05 09:30 LONG $1,270.75 8.00
Sell 2012-01-05 10:30 % Trailing Stop $1,270.75
1994 Buy 2012-01-05 10:30 LONG $1,275.75 8.00
Sell 2012-01-05 11:30 % Trailing Stop $1,277.75 800.00
1995 Buy 2012-01-05 11:30 LONG $1,274.25 8.00
Sell 2012-01-05 12:30 % Trailing Stop $1,275.75 600.00
1996 Buy 2012-01-05 12:30 LONG $1,275.00 8.00
Sell 2012-01-05 13:15 % Trailing Stop $1,276.75 700.00
1997 Buy 2012-01-05 13:15 LONG $1,273.25 8.00
Sell 2012-01-05 16:30 % Trailing Stop $1,274.00 300.00
1998 Buy 2012-01-05 16:30 LONG $1,273.00 8.00
Sell 2012-01-05 17:30 % Trailing Stop $1,273.25 100.00
1999 Buy 2012-01-05 17:30 LONG $1,271.75 8.00
Sell 2012-01-05 18:30 % Trailing Stop $1,272.00 100.00
2000 Buy 2012-01-05 18:30 LONG $1,270.75 8.00
Sell 2012-01-05 19:30 % Trailing Stop $1,271.25 200.00
2001 Buy 2012-01-05 19:30 LONG $1,270.75 8.00
Sell 2012-01-05 20:30 % Trailing Stop $1,270.75
2002 Buy 2012-01-05 20:30 LONG $1,269.50 8.00
Sell 2012-01-05 21:30 % Trailing Stop $1,269.50
2003 Buy 2012-01-05 21:30 LONG $1,267.75 8.00
Sell 2012-01-05 23:30 % Trailing Stop $1,270.25 1,000.00
2004 Buy 2012-01-05 23:30 LONG $1,272.00 8.00
Sell 2012-01-06 00:30 % Trailing Stop $1,273.50 600.00
2005 Buy 2012-01-06 00:30 LONG $1,272.25 8.00
Sell 2012-01-06 01:30 % Trailing Stop $1,274.50 900.00
2006 Buy 2012-01-06 01:30 LONG $1,272.75 8.00
Sell 2012-01-06 02:30 % Trailing Stop $1,274.50 700.00
2007 Buy 2012-01-06 02:30 LONG $1,274.50 8.00
Sell 2012-01-06 04:30 % Trailing Stop $1,276.25 700.00
2008 Buy 2012-01-06 04:30 LONG $1,274.75 8.00
Sell 2012-01-06 05:30 % Trailing Stop $1,276.75 800.00
2009 Buy 2012-01-06 05:30 LONG $1,276.25 8.00
Sell 2012-01-06 06:30 % Trailing Stop $1,281.50 2,100.00
2010 Buy 2012-01-06 06:30 LONG $1,277.25 8.00
Sell 2012-01-06 07:30 % Trailing Stop $1,277.25
2011 Buy 2012-01-06 07:30 LONG $1,271.00 8.00
Sell 2012-01-06 08:30 % Trailing Stop $1,271.00
2012 Buy 2012-01-06 08:30 LONG $1,274.75 8.00
Sell 2012-01-06 09:30 % Trailing Stop $1,277.00 900.00
2013 Buy 2012-01-06 09:30 LONG $1,275.75 8.00
Sell 2012-01-06 10:30 % Trailing Stop $1,276.25 200.00
2014 Buy 2012-01-06 10:30 LONG $1,272.75 8.00
Sell 2012-01-06 11:30 % Trailing Stop $1,276.50 1,500.00
2015 Buy 2012-01-06 11:30 LONG $1,275.50 8.00
Sell 2012-01-06 12:30 % Trailing Stop $1,275.75 100.00
2016 Buy 2012-01-06 12:30 LONG $1,273.50 8.00
Sell 2012-01-06 13:15 % Trailing Stop $1,274.75 500.00
2017 Buy 2012-01-06 13:15 LONG $1,274.00 8.00
Sell 2012-01-08 15:30 % Trailing Stop $1,274.50 200.00
2018 Buy 2012-01-08 15:30 LONG $1,269.50 8.00
Sell 2012-01-08 16:30 % Trailing Stop $1,269.50
2019 Buy 2012-01-08 16:30 LONG $1,268.50 8.00
Sell 2012-01-08 17:30 % Trailing Stop $1,269.75 500.00
2020 Buy 2012-01-08 17:30 LONG $1,269.50 8.00
Sell 2012-01-08 18:30 % Trailing Stop $1,269.75 100.00
2021 Buy 2012-01-08 18:30 LONG $1,268.50 8.00
Sell 2012-01-08 19:30 % Trailing Stop $1,270.25 700.00
2022 Buy 2012-01-08 19:30 LONG $1,270.00 8.00
Sell 2012-01-08 20:30 % Trailing Stop $1,270.00
2023 Buy 2012-01-08 20:30 LONG $1,269.00 8.00
Sell 2012-01-08 21:30 % Trailing Stop $1,269.75 300.00
2024 Sell Short 2012-01-08 21:30 SHORT $1,268.50 8.00
Buy to Cover 2012-01-08 22:30 % Trailing Stop $1,268.00 200.00
2025 Sell Short 2012-01-08 22:30 SHORT $1,269.75 8.00
Buy to Cover 2012-01-08 23:30 % Trailing Stop $1,269.75
2026 Sell Short 2012-01-08 23:30 SHORT $1,271.25 8.00
Buy to Cover 2012-01-09 00:30 % Trailing Stop $1,271.25
2027 Buy 2012-01-09 00:30 LONG $1,274.50 8.00
Sell 2012-01-09 01:30 % Trailing Stop $1,276.75 900.00
2028 Buy 2012-01-09 01:30 LONG $1,272.50 8.00
Sell 2012-01-09 02:30 % Trailing Stop $1,274.50 800.00
2029 Buy 2012-01-09 02:30 LONG $1,273.75 8.00
Sell 2012-01-09 03:30 % Trailing Stop $1,275.25 600.00
2030 Buy 2012-01-09 03:30 LONG $1,272.75 8.00
Sell 2012-01-09 04:30 % Trailing Stop $1,272.75
2031 Buy 2012-01-09 04:30 LONG $1,274.00 8.00
Sell 2012-01-09 05:30 % Trailing Stop $1,274.00
2032 Buy 2012-01-09 05:30 LONG $1,276.50 8.00
Sell 2012-01-09 06:30 % Trailing Stop $1,276.75 100.00
2033 Buy 2012-01-09 06:30 LONG $1,275.50 8.00
Sell 2012-01-09 07:30 % Trailing Stop $1,276.50 400.00
2034 Buy 2012-01-09 07:30 LONG $1,276.75 8.00
Sell 2012-01-09 08:30 % Trailing Stop $1,277.00 100.00
2035 Buy 2012-01-09 08:30 LONG $1,271.50 8.00
Sell 2012-01-09 09:30 % Trailing Stop $1,274.00 1,000.00
2036 Buy 2012-01-09 09:30 LONG $1,274.00 8.00
Sell 2012-01-09 10:30 % Trailing Stop $1,274.00
2037 Buy 2012-01-09 10:30 LONG $1,275.00 8.00
Sell 2012-01-09 11:30 % Trailing Stop $1,276.25 500.00
2038 Buy 2012-01-09 11:30 LONG $1,276.00 8.00
Sell 2012-01-09 12:30 % Trailing Stop $1,277.00 400.00
2039 Buy 2012-01-09 12:30 LONG $1,275.50 8.00
Sell 2012-01-09 13:15 % Trailing Stop $1,277.00 600.00
2040 Buy 2012-01-09 13:15 LONG $1,275.50 8.00
Sell 2012-01-09 14:30 % Trailing Stop $1,275.50
2041 Buy 2012-01-09 14:30 LONG $1,275.50 8.00
Sell 2012-01-09 15:30 % Trailing Stop $1,275.75 100.00
2042 Buy 2012-01-09 15:30 LONG $1,276.00 8.00
Sell 2012-01-09 16:30 % Trailing Stop $1,278.50 1,000.00
2043 Buy 2012-01-09 16:30 LONG $1,278.00 8.00
Sell 2012-01-09 17:30 % Trailing Stop $1,278.00
2044 Buy 2012-01-09 17:30 LONG $1,277.75 8.00
Sell 2012-01-09 18:30 % Trailing Stop $1,279.25 600.00
2045 Buy 2012-01-09 18:30 LONG $1,279.00 8.00
Sell 2012-01-09 19:30 % Trailing Stop $1,279.75 300.00
2046 Buy 2012-01-09 19:30 LONG $1,279.75 8.00
Sell 2012-01-09 20:30 % Trailing Stop $1,279.75
2047 Buy 2012-01-09 20:30 LONG $1,280.00 8.00
Sell 2012-01-09 21:30 % Trailing Stop $1,281.50 600.00
2048 Buy 2012-01-09 21:30 LONG $1,281.50 8.00
Sell 2012-01-09 22:30 % Trailing Stop $1,281.75 100.00
2049 Buy 2012-01-09 22:30 LONG $1,281.75 8.00
Sell 2012-01-09 23:30 % Trailing Stop $1,282.50 300.00
2050 Buy 2012-01-09 23:30 LONG $1,282.00 8.00
Sell 2012-01-10 00:30 % Trailing Stop $1,283.75 700.00
2051 Buy 2012-01-10 00:30 LONG $1,283.50 8.00
Sell 2012-01-10 01:30 % Trailing Stop $1,284.50 400.00
2052 Buy 2012-01-10 01:30 LONG $1,284.50 8.00
Sell 2012-01-10 02:30 % Trailing Stop $1,287.00 1,000.00
2053 Buy 2012-01-10 02:30 LONG $1,286.75 8.00
Sell 2012-01-10 03:30 % Trailing Stop $1,288.50 700.00
2054 Buy 2012-01-10 03:30 LONG $1,287.75 8.00
Sell 2012-01-10 04:30 % Trailing Stop $1,288.00 100.00
2055 Buy 2012-01-10 04:30 LONG $1,287.75 8.00
Sell 2012-01-10 05:30 % Trailing Stop $1,287.75
2056 Buy 2012-01-10 05:30 LONG $1,289.75 8.00
Sell 2012-01-10 06:30 % Trailing Stop $1,289.75
2057 Buy 2012-01-10 06:30 LONG $1,289.50 8.00
Sell 2012-01-10 07:30 % Trailing Stop $1,291.75 900.00
2058 Buy 2012-01-10 07:30 LONG $1,289.75 8.00
Sell 2012-01-10 08:30 % Trailing Stop $1,291.00 500.00
2059 Buy 2012-01-10 08:30 LONG $1,289.75 8.00
Sell 2012-01-10 09:30 % Trailing Stop $1,290.00 100.00
2060 Buy 2012-01-10 09:30 LONG $1,285.25 8.00
Sell 2012-01-10 10:30 % Trailing Stop $1,285.25
2061 Buy 2012-01-10 10:30 LONG $1,286.00 8.00
Sell 2012-01-10 11:30 % Trailing Stop $1,288.25 900.00
2062 Buy 2012-01-10 11:30 LONG $1,287.50 8.00
Sell 2012-01-10 12:30 % Trailing Stop $1,289.00 600.00
2063 Buy 2012-01-10 12:30 LONG $1,287.25 8.00
Sell 2012-01-10 13:15 % Trailing Stop $1,287.25
2064 Buy 2012-01-10 13:15 LONG $1,286.25 8.00
Sell 2012-01-10 14:30 % Trailing Stop $1,286.75 200.00
2065 Buy 2012-01-10 14:30 LONG $1,285.00 8.00
Sell 2012-01-10 15:30 % Trailing Stop $1,285.25 100.00
2066 Buy 2012-01-10 15:30 LONG $1,285.25 8.00
Sell 2012-01-10 23:30 % Trailing Stop $1,285.25
2067 Buy 2012-01-10 23:30 LONG $1,284.50 8.00
Sell 2012-01-11 00:30 % Trailing Stop $1,286.75 900.00
2068 Buy 2012-01-11 00:30 LONG $1,286.25 8.00
Sell 2012-01-11 01:30 % Trailing Stop $1,286.75 200.00
2069 Buy 2012-01-11 01:30 LONG $1,286.75 8.00
Sell 2012-01-11 02:30 % Trailing Stop $1,287.50 300.00
2070 Buy 2012-01-11 02:30 LONG $1,286.25 8.00
Sell 2012-01-11 03:30 % Trailing Stop $1,286.50 100.00
2071 Sell Short 2012-01-11 03:30 SHORT $1,282.00 8.00
Buy to Cover 2012-01-11 04:30 % Trailing Stop $1,279.75 900.00
2072 Sell Short 2012-01-11 04:30 SHORT $1,282.00 8.00
Buy to Cover 2012-01-11 05:30 % Trailing Stop $1,280.75 500.00
2073 Sell Short 2012-01-11 05:30 SHORT $1,281.25 8.00
Buy to Cover 2012-01-11 06:30 % Trailing Stop $1,281.00 100.00
2074 Sell Short 2012-01-11 06:30 SHORT $1,282.75 8.00
Buy to Cover 2012-01-11 07:30 % Trailing Stop $1,281.00 700.00
2075 Buy 2012-01-11 07:30 LONG $1,284.25 8.00
Sell 2012-01-11 08:30 % Trailing Stop $1,286.50 900.00
2076 Buy 2012-01-11 08:30 LONG $1,282.50 8.00
Sell 2012-01-11 09:30 % Trailing Stop $1,285.75 1,300.00
2077 Buy 2012-01-11 09:30 LONG $1,284.50 8.00
Sell 2012-01-11 10:30 % Trailing Stop $1,284.50
2078 Buy 2012-01-11 10:30 LONG $1,286.50 8.00
Sell 2012-01-11 11:30 % Trailing Stop $1,287.75 500.00
2079 Buy 2012-01-11 11:30 LONG $1,285.25 8.00
Sell 2012-01-11 12:30 % Trailing Stop $1,289.00 1,500.00
2080 Buy 2012-01-11 12:30 LONG $1,289.00 8.00
Sell 2012-01-11 13:15 % Trailing Stop $1,289.25 100.00
2081 Buy 2012-01-11 13:15 LONG $1,288.00 8.00
Sell 2012-01-11 14:30 % Trailing Stop $1,288.25 100.00
2082 Buy 2012-01-11 14:30 LONG $1,288.25 8.00
Sell 2012-01-11 15:30 % Trailing Stop $1,288.50 100.00
2083 Buy 2012-01-11 15:30 LONG $1,288.00 8.00
Sell 2012-01-11 16:30 % Trailing Stop $1,288.00
2084 Buy 2012-01-11 16:30 LONG $1,286.75 8.00
Sell 2012-01-11 17:30 % Trailing Stop $1,287.25 200.00
2085 Buy 2012-01-11 17:30 LONG $1,286.00 8.00
Sell 2012-01-11 18:30 % Trailing Stop $1,287.75 700.00
2086 Buy 2012-01-11 18:30 LONG $1,287.25 8.00
Sell 2012-01-11 19:30 % Trailing Stop $1,287.50 100.00
2087 Buy 2012-01-11 19:30 LONG $1,286.25 8.00
Sell 2012-01-11 21:30 % Trailing Stop $1,286.75 200.00
2088 Buy 2012-01-11 21:30 LONG $1,287.00 8.00
Sell 2012-01-11 22:30 % Trailing Stop $1,287.25 100.00
2089 Buy 2012-01-11 22:30 LONG $1,286.75 8.00
Sell 2012-01-11 23:30 % Trailing Stop $1,287.25 200.00
2090 Buy 2012-01-11 23:30 LONG $1,286.25 8.00
Sell 2012-01-12 01:30 % Trailing Stop $1,287.50 500.00
2091 Buy 2012-01-12 01:30 LONG $1,287.50 8.00
Sell 2012-01-12 02:30 % Trailing Stop $1,293.00 2,200.00
2092 Buy 2012-01-12 02:30 LONG $1,292.25 8.00
Sell 2012-01-12 03:30 % Trailing Stop $1,294.50 900.00
2093 Buy 2012-01-12 03:30 LONG $1,294.00 8.00
Sell 2012-01-12 04:30 % Trailing Stop $1,296.50 1,000.00
2094 Buy 2012-01-12 04:30 LONG $1,295.00 8.00
Sell 2012-01-12 05:30 % Trailing Stop $1,297.25 900.00
2095 Buy 2012-01-12 05:30 LONG $1,294.50 8.00
Sell 2012-01-12 22:30 % Trailing Stop $1,294.75 100.00
2096 Buy 2012-01-12 22:30 LONG $1,294.25 8.00
Sell 2012-01-12 23:30 % Trailing Stop $1,294.75 200.00
2097 Buy 2012-01-12 23:30 LONG $1,293.50 8.00
Sell 2012-01-13 00:30 % Trailing Stop $1,294.50 400.00
2098 Buy 2012-01-13 00:30 LONG $1,294.50 8.00
Sell 2012-01-13 06:30 Exit20-L $1,281.75 (5,100.00)
2099 Sell Short 2012-01-13 07:30 SHORT $1,276.50 8.00
Buy to Cover 2012-01-13 08:30 % Trailing Stop $1,275.25 500.00
2100 Sell Short 2012-01-13 08:30 SHORT $1,280.75 8.00
Buy to Cover 2012-01-13 10:30 % Trailing Stop $1,278.50 900.00
2101 Sell Short 2012-01-13 10:30 SHORT $1,277.00 8.00
Buy to Cover 2012-01-13 11:30 % Trailing Stop $1,276.50 200.00
2102 Sell Short 2012-01-13 11:30 SHORT $1,281.00 8.00
Buy to Cover 2012-01-13 12:30 % Trailing Stop $1,280.25 300.00
2103 Sell Short 2012-01-13 12:30 SHORT $1,283.25 8.00
Buy to Cover 2012-01-13 13:15 % Trailing Stop $1,283.25
2104 Buy 2012-01-13 13:15 LONG $1,289.50 8.00 (position opened)

Total Accumulated Points are: 63,208 (8 Contracts)

August 2011

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8/29 (mon) LONG signal 1194.0 on pullback to 34EMA. Cycle trends are narrow.

8/26 (fri) – SHORT signal at 1149 on 60 min down MA continuation.

8/25 (thu) – LONG signal terminated, close.

8/25 (thu) – adding positions to LONG, BUY signal at Daily

8/24 (wed) – LONG positions at 1153, buy signal at 60 min.

8/24 – Gold and silver dropped.  Gold dropped 150. Shanghai and Hong Kong Exchanges reduced leverage and increased deposit requirements.

Equity Update August 24 2011

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Finally out of a trading range.  Prices have established a strong support at 1120 as described earlier.  A corrective rally is in its way.  LONG position have been entered at 1153 with stop loss at 1145.

2 trades on the SHORT side were entered at 1130 and 1140 yesterday with a stop loss and a meager profit on the other.  We are switching over to the LONG side cautiously.

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