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Please read disclaimer before proceeding.

(1) The following attempt trade posting at least 10 hours delayed. (2) Most of the following comments were posted in Pro-WarRoom. (3) Our attempt trades for tomorrow are available to subscribers only. (4) The record should NOT be construed as offering investment advice. (5) Past performance is not necessarily an indication of future performance. (6) There is risk of loss in trading futures and options. (7) All time PST. 

 

the 5th year of accuracy - daily market direction bulletin & warroom

April 2003

FREE TRIAL: First 2 Wednesdays

USER CODE: sp500, PASSWORD: guru

Please compare these traders' SP/emini performance.

Before trying ours, please try other people's first!

Note: The following information is showing other people's stop level.
-
Name
Initial Stop
Monthly Fee
Draw-down
R J
6~9 points
$400
$4,000
L W (SP intraday)
8~10 points
$500
$5,000
J K (emini)
8~10 points
$250
$5,000
J H (sp)
8~10 points
$500
$10,000
J M (emini)
8~10 points
$200
$5,500
A P (Emini)
8~10 points
$250
$3,000
SP500guru.com
1 point
$250
1.0~1.25 point
( $$ = Proven right direction/Trades in profit. ! = one of trades stopped out with 1 point.

Attempt trade for 05/01/2003 Thursday <!/$$$$$$$$$$$$$>

At opening: Stop 916, short 915.25, target 910; then stop 909, reverse to buy side; if stopped out reverse to short side for target 901. Expected close 916.

[Result: opening high 915.75, low 900.50, high 919, close 916]

 

Attempt trade for 04/30/2003 Wednesday <!/$$$$$$$$$$$$$>

At opening: Before 7:15, stop 915.75, short 915.25, target 911-910.50; then reverse to long from 911-910.50, for target 920. Expected closing range 915-916 for today.

[Result: opening high 915.50, low 910, bounce high 921.50, close 916]

Attempt trade for 04/29/2003 Tuesday <$$$$$$$$$$$$$>

Globex Stop 912, buying bias 913, target 920-922;

then reversed to short from 923 risk 0.75, short side target 910; then reverse to buy side. Expected closing range 914-917.

[Result: globex low 912.50, high 923.50, day low 909.75, close 917]

Attempt trade for 04/28/2003 Monday <!/$$$>

Resistance 903, carry short overnight, target 895. Stop 903, reverse to buying bias.

Afternoon: Short 918 with 918.50 stop, target 913-914 for closing range. Buy before close and use 912 stop, carry long over ngiht for target 920-922.

 

Attempt trade for 04/25/2003 Friday <!/$$$$$$$>

Resistance 912.50, carry short overnight.

If don't want to carry overnight, just short with 912.50 stop again at 1:45PM reopening.

Target 908 testing. If this 908 is broken, next target, 905, 903, 901, 897.

Afteropening: Added short 909, adde short 906.

[Result: high 912.75, Low 896, close 898.50]

 

Attempt trade for 04/24/2003 Thursday <!/$$$$>

Stop 917, short at globex 915.50-916.5, target 908, 905.

After opening: Move stop to 912.75, short again, target 908

[Result: Globex high 916.5, Low 905.50, close 909.75]

Attempt trade for 04/23/2003 Wednesday <!/$$$$>

Long carried from previous day. Strong resistance is at 921-922 area.

Globex support/stop 905, after midnight move stop to 908, buy side, target 919-921; strong resistance is at 921-922 area for reversing to short. Should close at day high.

[Result: Low 908, high 919.75, close 917.75]

Attempt trade for 04/22/2003 Tuesday <!/$$>

Support 885, resistance 895l scalp short side at Globex for target 885,
Morning: short side reentry was stopped out 1.5 point and reversed to long for target 911, 915. 920. Long carried overnight.
[Result: Globex high 893.50 Low 885, day high 912, close 909.75]

Attempt trade for 04/21/2003 Monday <!/$$>

Stop 887, still buying bias, target 900, 910, 915.
Midday: Narrow trading range and expected close 891.
[Result: Low 886.75, high 897.50, close 893]
Attempt trade for 04/18/2003 Friday (Market closed for Easter Holiday)

Attempt trade for 04/17/2003 Thursday <$$$$$>

Support 875, today's bias would be buying bias. Before the opening trade to trade between 885-875. After 7:30AM try to reverse short to long side for target 889-890.

Midday: Stop 887, still buying bias, target 893, expected close 892.5-893.

[Result: Low 877.50, high 893.50, close 891.50]

Attempt trade for 04/16/2003 Wednesday <$$$$$$>

Carried long from Tuesday long for target 900-910.

Pre-opening: We shorted from 899, with 899.75 stop, target 884, 877.

After opening: We shorted again 885.50 with 886.5 stop, target 877.

[Result: Globex high 903.5, high 896.50, Low 876.50, close 879]

Attempt trade for 04/15/2003 Tuesday <!/$$$$$$>

Support 881, still buying bias, target 900, 910; expected close at either 886.50 or 893

[Result: Low 880, high 894, close 893.5]

Attempt trade for 04/14/2003 Monday <$$$$$

Globex: Trading range 865-875, if 875 is broken, next target 883, 885. Buy low!

[Result: Globex low 866, high 886.50, close 886]

Attempt trade for 04/11/2003 Friday <!/$$$$$>

Globex: Support 869, buying bias, target 875 followed by 883 if 875 is broken; then reverse long to short at 882.50 for target 865; then reverse to to long. Expected closing range 868-869 area.

[Result: Globex low 869.2, high 883.7, day low 864.7, close 876]

Attempt trade for 04/10/2003 Thursday <!/$$$$$>

Globex: Trading range 870~865; buy low, sell high. Carry long from 869 area overnight.

Attempt trade for 04/09/2003 Wednesday <!/$$$$$>
Globex: Trading range 870-881
After Opening: short selling bias

Attempt trade for 04/08/2003 Tuesday <!/$$$$$>

Trading range 885-875. Buy low sell high.

Attempt trade for 04/07/2003 Monday <!/$$$$$>U

Globex trade. If war goest well, it will open gap up at about 883-884. Stop 877, buying bias, target 899.

Midday: After buy side being stopped out 1 point. Aggressive stop 903 stop, short selling 902.50. After 897 violation, more selling bias from 894 for target 897.50; after 887.25 violation, more selling bias for target 875.

[Result: Globex low 882, high 905, day low 876.2, close 877]

Attempt trade for 04/04/2003 Friday <!/$$

Globex trade.

Short side: Resistance 879, target 870.

Buy side: Support 868. try to buy below 870, target 880, 884.

[Result: Choppy day. High 884.50, Low 872.50, Close 878]

Attempt trade for 04/03/2003 Thursday <!/$$$$$>

Globex stop 874.50, buy 875.50, target 886; then reverse to short side with 888.50 stop.

At opening: Stop 888.50, selling 887.75, target 875; then buy buy buy 875.50 - 873.50 with 873 stop, target 884-885.

After taking profit; Stop 885.50, short again 884.50, target 875 again...

[Result: 40+ profit. Globex low 875.25, High 888.7 low 873, close 873.50]

Attempt trade for 04/02/2003 Wednesday <!/$$$$$>
Globex stop 853.50, buying bias, target 875, 885.
[Result: Low 855, high 884.20, close 876.7]

Attempt trade for 04/01/2003 Tuesday<!/$$$$$>

At opening: short side profit one, stopped out one 1 point.
Mid-day: Stop 850, buy 851, target 860-861; then reverse to short with 862 stop for target 854. Expected close 853-854.
Before close: Stop 853.50, still buying bias, target 860.
[Result: Open 849, high 860.50, low 846, close 847]

Attempt trade for 03/31/2003 Monday [!/$$$$$]

At opening: stop 853, selling bias ,target 846, 842.
Midday trade: stop 850, buying bias, target 858.
Afternoon trade: Shorted from 855 with 856 stop, target 847; if 847 is broken keep it for overnight.
[Result: open 849, high 857, low 840, close 844]

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