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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

July 2003

FREE TRIAL: First Wednesday

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
($$$$$ = Net Profit, 2~3 trades a day.

Trade for 08/01/2003 Friday <$$$$$$$$$$$$>

Opening: Stop 987.75, selling bias, target975. Expected close 980.

 

Trade for 07/31/2003 Thursday <$$$$$$$$$$$$$$>

Opening: Support 988, target 995, and 1000-1003 is valid before tomororow.

Midday: 1003.5 stop, short scalping to 1000, 999.

Afternoon: Pivot violation, reverse to short for target 987.

[Result: high 1004, low 985.50, closed 988]

Trade for 07/30/2003 Wednesday <$$$$$$$$$$$$$$>

Opening: Short 992.25, risk 1 point, target 985.

Afternoon: Tomorrow's bias will be buying bias.

[Result: 992.50, low 984, closed 986]

 

Trade for 07/29/2003 Tuesday <$$$$$$$$$$$$$$$>

Opening: Stop 998, short 997.50, target 986-985; expected closing range 989-990.

Midday: Stop 983.50, buy side, target 986, 990; 990.5 violation = target 995

Afternoon: 995 stop, short side target 987

[Result: 998, low 981.50, closed 989]

Trade for 07/28/2003 Monday <$$$$$$$$$$$$$$$>

Opening: Risk 1 point, shorted 999, took profit 996; bounced to 999.50, shorted again, target 992. ....; expected closingrange 995.

[Result: Day High 1000, low 991.5, closed 993.50]

Trade for 07/25/2003 Friday <$$$$$$$$$$$>

At Globex: Support 979 stop, buying bias, target 986-987.

At Opening: Keep buying 980.5-981 for target 986-987.

After opening: 982.50 violation, reversed to short selling for target 977-975.

After Midday: 981 broken, intrady market reversed to up side. 987 violation reversed to buy side with 987 stop, target 993, 995, 998. (One trade from 988 to 990 with profit. One scalping short from 988.5 with 989.25 stop out and went back to long again.)

[Result: Globex Low 977.75, High 986, day high 988.50, low 975, close 997]

 

Trade for 07/24/2003 Thursday <$$$$$$$$$$$$>

At Globex: Support 985-986, buying bias, target 997-1000

At Opening: Stop/support 987-988, buying bias, target 998-1000.

After midday: Watch out, market could plunge to 985, 980 target. After 992 violation, reversed to short with 1 point stop, target 985, 980..

[Result: Globex Low 985.25, High 998.50, close 980]

Trade for 07/23/2003 Wednesday <$$$$$$$$$$$>

At Globex: Support 986, buying bias, target 992 and try to reverse long to short.

Opening: If it opened below 990, selling bias, stop 991.25, target 978-79;

bounce to 983-984, short again with 984.50 stop, target 978-977.

After bottom: Support 978, buying into 981.50. then short again (this short stopped out 0.75),,,

AFter midday: 984 stop, buy for target 988.

[Result: Low 977.50, High 991 (globex), close 987.50]

 

Attempt trade for 07/22/2003 Tuesday <$$$$$$$$$$$$$>

At opening: Violation 980, try short side with 980.50 stop, target 977-976, then reverse to buy side for 981 testing.

AFter 8:00: Stop 976, buying bias, target 984, 986, 988, 990

Midday: Stop 988.50, short selling, target 980.50

After midday: 984.50-988.50 trading range and closing should be at high.

[Result: Low 974.50, High 989.50, close 987]

Attempt trade for 07/21/2003 Monday <$$$$$$$$>

At opening: Pivot 986 was broken. Buy side got stopped out with 0.75 pt and reversed to short selling from 986, profit taken at target 977-976.

Attempt trade for 07/18/2003 Friday <$$$$$$$$$$$$$$$$$$$$$$$$>

At opening: support 979, buying bias, target 987-988; after taking profit.

Midday: Pull back 984.50, buy again, for target 993, expected closing range 990.50

[Result: Low 980, High 993.25, close 990.50]

Attempt trade for 07/17/2003 Thursday <$$$$$$$$$$$$$$$$$$>

At opening: 1000.75 buy side stopped out 1 point and reversed to short, target 977.

[Result: high 1003, low 976.50, close 980]

Attempt trade for 07/16/2003 Wednesday <$$$$$$$$$$$>

Globex pivot/stop 1001, buy side, took profit 1006-1007.

After opening: Buy again with 1003 stop and stopped out. 1001-1000 violation, reversed to short selling, target 998.

Final hour: Buy 1001.50 with 1000.50 stop, target 1003-1005.

[Result: Globex high 1007.50 day high 1003.75,, low 997, close 1005]

Attempt trade for 07/15/2003 Tuesday <$$$$$$>

At opening: Stop 1010.75, selling bias, short 1010, target 995; then reverse to buying bias.

[Result: Day high 1010.25, low 995, close 1001]

Attempt trade for 07/14/2003 Monday <$$$$>

Globex support 996, resistance 1000. 1001 violation = reversal up.

Midday: Buy 1010.75 with 1010 stop, took profit 1013-14.

Afternoon: Stop 1013.75, short selling 1 pt risk, target 1009.50... covered 1000 with spike.

[Result: Globex low 9997.50, High 1014.75, close 1002.50]

 

Attempt trade for 07/11/2003 Friday <$$$$$>

Globex stop 985, buying bias with 0.75 risk, target 992; then reversed to short, covered at 988-987.

After opening: Stop 993.50, try to short; stopped out 1 point, reversed to long for target 1000.

After midday: Stop 997, shorted 996, target 992 profit; shorted again 995.50, stopped out 0.5.

[Result: Globex low 985.50, High 992, opening day high 1000.25, close 997.50]

 

Attempt trade for 07/10/2003 Thursday <$$$$$>

Globex stop 1001. selling bias, target 980.

At opening: Gap down with 987 stop, add more short at 986-986.50.

[Result: High 1000, opening day high 996.75 low 982, close 988.50]

Attempt trade for 07/09/2003 Wednesday <$$$$>

Heavy resistance 1010, reversed with 1008.25 stop, target996. Expected close 1001-1002. Carry short overnight.

[Result: High 1010, low 996, close 1001]

 

Attempt trade for 07/08/2003 Tuesday <$$>

Before the opening support 1000, target 1008. Position long trailing/stop 1007.

Choppy opening: Don't overtrade.

 

Attempt trade for 07/07/2003 Monday <$$$>

Globex Support 987, buying bias, target 992.

After opening: Short side stopped out by 0.75 and turned to buy with 993.5 stop, target 1004.

Afternoon: Try to buy again with 1000 stop, for day high close.

[Result: Globex low 984, high 992, day high 1005, low 993, closed 1002.50]

 

Attempt trade for 07/03/2003 Thursday <$$$> July 4th Friday closed.

Globex stop 987, still buying bias, target 998. Took profit 990.

After opening: Stop 986.5, buying bias, target 993-994 took profit. Bought again at 990.75 and stopped out at 990. 987 violation = reverse to short side.

Final hour: Stop 987, selling bais target 981.

[Result: Globex low 987.75, high 994, day high 984.75, low 974.50, closed 982.25]

Attempt trade for 07/02/2003 Wednesday <$$$$$>

Still buying bias, target 990-993, 998--1000.

Attempt trade for 07/01/2003 Tuesday <$$$$$>

Stop 976.5 at Globex, still selling bias (we kept short overnight), target 965, 960.

After 960.25 hit, stop 961.50, reverse to buy side for target 965-966; then reverse to short side again for target 964-963;

Then stop 962.5, still buying bias, target 967-668; took profit

and reversed to short side with 968.50 stop. ( 968.50 stopped out 0.75).

After 0.75 stopped out, reversed to buy side from 968.5 - 968.75 with 968 stop, and carry long for position.

[Result: Low 960.25, high 982.50, close 981.50]

Attempt trade for 06/30/2003 Monday <$$$$$>

Buy 978.25-978.50 with 977.50 stop at opening, target 983 then reverse to short side, target 974;

then reverse to buy side, target 982 again; then reverse for target 978.

Midday: Stop 979.75, short 979 again, target...MOC day low; carry short over night for target 965, 960, 955.

[Result: Low 971, high 982.75, close 973.5]

Attempt trade for 06/27/2003 Friday <$$$$$>

Trading range 978-987, buy low, short high; 978 violation = down trend.

Midday: Stop 98, selling bias, target 984.5; stop 985.25, more selling; stop 978.75, more selling.

[Result: Morning low 978.25, afternoon Low 972.50, high 988, close 973]

Attempt trade for 06/26/2003 Thursday <$$$$$>

Stop 971, buying bias, target 983, 987. Expected close either 983 or 979.

[Result: Globex low 981.25, Low 982.25, high 986.25, close 973.5]

 

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