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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 ProWarRoom and MA-Room. (3) Our attempt trades posting 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 posted time is PST. 

 

August 2005

 
= Accurate Direction & Profit
We risk 1 point or less from the stop; target for profit taking.

We risk 1 point or less from the stop for 8~10 points profit !

Trades for 08/31/2005 Wednesday

At Globex: Support 1205, buying bias, target 1209, 1213...; stop 1209, short side, target 1205.

Opening: Stop 1210.50, short side, target 1205, 1203.50; then 1208.50 trailing.

8:25: Agg Stop 1213.50, short side, target 1208.50 testing.

10:00: Short side; if 1208 is intact in next 10 minutes, then watch out for breakout up side. (stopped out 1 pt at 1210.50).

11:00: Stop 1213.75 short side, target 1208.50. (Breakeven)

After 12:00: Breakout 1215.50, for target 1220, 1222.

[Result: Day high 1224.75, day low 1204.75, closed 1221.50]

Trades for 08/30/2005 Tuesday

At Opening: Stop 1211.50, selling bias, target 1200-1202

Morning after 9:00: stop 1203 for buy side, target 1209; stop 1208 for short side, target 1202-1200.

Midday: Stop 1210.50, selling bias again, target take out day low by 1 tick or 1 point.

Final hour: Stop 1206, short again after taking profit, target 1202-1201. (stopped out 1/2)

[Result: Day high 1210.50, day low 1201.50, closed 1208.50]

Trades for 08/29/2005 Monday

At Opening: Stop 1203.75, short side (stopped out 1 pt)

After 7:00: Stop 1205, short side, target 1200 (stopped out)

Midday: Stop 1209, short one last time, target 1205.50; and 1205 is buy side support.

After 9:50: Stop 1205.50, buy side target 1212.

After 10:30: Stop 1209.50, buy side, target 1213.75, 1215

After 11:00: Stop 1214, short fo target 1211.75 (scalping only)

Final Hour: Stop 1210.75, selling bias, target 1205.50

ed below 1208, more selling on Monday for target 1192.

[Result: Globex high 1203.50, globex low 1194, Day high 1215.75, day low 1202, closed 1214.50]

 

 

Trades for 08/26/2005 Friday

At Globex: Stop 1210.25, buy side, target 1217.50

At Opening: Stop 1210.25, buy side, target 1217.50. (Stopped out 1 pt)

After stop-out: Stop 1211.25, short side, target 1206, 1211

Midday: Stop 1209.50, short bounce again, target 1211

Afternoon: Stop 1208.50 breakout; reversed to buy side with 1207.50 stop, target 1212.

Final Hour: Stop 1210.75, selling bias, target 1205.50

Final hour: Watch out for short covering by too many disappointed short traders today. Expected closing range 1208.50 or 1205.50. Stop 1210.50, short side for the rest of the day. If closed below 1208, more selling on Monday for target 1192.

[Result: Globex high 1215.25, globex low 1211.75, Day high 1213, day low 1204.75, closed 1205.50]

 

Trades for 08/25/2005 Thursday

At Opening: Stop 1209.25 for buy side, target 1215-16; Stop 1214.75 for short side, target 1211-1210.50.

Morning: Possible closing for today is 1213

Final hour: Watch out for short covering by too many disappointed short traders today.

[Result: Globex high 1212.75, globex low 1208.50, Day high 1215, day low 1210.25, closed 1214]

 

Trades for 08/24/2005 Wednesday

At Globex: Stop 1222.50, selling bias, 1213-1208 still valid

At Opening: Stop 1219.50 selling bias, target 1213-1208 still valid. (1/2 profit taken at 1216.50 area and 1/2 stopped out)

After stop-out: Stop 1217.75, buy side, target 1224-1225 minimum.

After taking profit at 1223: Stop 1219.50, buy for reentry again for 1226-1227.

After 1221.50 violation, market reversed down.

Midday: Stop 1221.50, buy 1222.25, scalping to 1224. (stopped out 0.50 pt)

Afternoon: Stop 1221.50, short above 1220.25, target taking out day low.

Final hour: Stop/trailing 1215 for MOC down

[Result: Day high 1225.75, low 1208.50, closed 1210]

 

Trades for 08/23/2005 Tuesday

At Globex: Trading range 1227-1220; 1227 stop selling bias, target 1220,

At Opening: Stop 1225.75, short 1224.75, target 1220-1219.

7:25: Stop 1223.50, short side, target 1220.50; then 1218.50, 1216.

Midday: Stop 1217.75, buy side, target 1222.50, 1224.

Afternoon: Stop 1223, short again, target 1220.25.

TARGET 1212-1208 STILL VALID.

[Result: Day high 1225, low 1215.50, closed 1221.50]

 

Trades for 08/22/2005 Monday

At Globex: 1220 support for buy side, target 1227; stop 1227 resistance for short side, target 1221.

IF stocks are strong at opening, then 1222 support for buy side, target 1230-1231.

At Opening: Stop 1227.50, short side, target 1222.50, 1220.75. (stopped out 1 pt); if breakout, it will test 1231.

After stop-out: Stop 1230.50, risking 0.50, short side, target 1226.25; if 1226 is broken, then target 1218-1219. Then reverse to buy side scalping. (buy side breakeven)

[Result: Day high 1231, low 1217.50, closed 1223.50]

 

 

Trades for 08/19/2005 Friday

At Globex: 1223.50 short side, target 1218.50 (stopped out 1 pt)

At Opening: Stop 1225, short side. (stopped out)

After stop-out: Stop 1223.50, buy side, target 1228.25.

Midday after 9:45am: Stop 1226.75, selling bias, target 1221.50.

Afternoon: Stop 1225.50, short again target 1221.50.

Final hour: Stop/trailing 1224.25 for the rest of the day.

[Result: Day high 1227.25, Globex low 1220, closed 1223.75]

 

Trades for 08/18/2005 Thursday

At Globex: 1225, selling bias, target 1217.

At Opening: Stop 1221, short isde, target 1227.

Try short bounce again 2nd time and stopped out 1 pt.

After 7:30: Try buy side scalping 1227.75, target 1224-1225.

Midday: Stop 1225.25, selling bias, target 1221.50,...; possible closing range 1220.50 ~ 1221

[Result: Day high 1224.75, Globex low 1216.75, closed 1221]

 

Trades for 08/17/2005 Wednesday

At Globex: Stop 1227, 1225, selling bias.

At Opening: Today is just for bounce. Stop 1223, short isde, target 1228. (1/2 profit; 1/2 stopped out)

Midday: Stop 1221, buy side, target 1227-1228. Buy side should reverse to short side after 10:50am

Afternoon: Stop 1229, short side. (Missed, market hit 1227.75 and reversed); tried to chase with 1225 stop. (stopped out)

Final hour: If it is below 1225 at 12:30, then selling bias, for target 1222-1220.

[Result: Globex high 1224.75, Day high 1227.75, low 1219.25, closed 1221.50.]

 

Trades for 08/16/2005 Tuesday CPI report

At Globex: If CPI reports are good, it will spike to 1240-1242 then dump; if reports are bad, it will open gap down at 1233 area. After report, Stop 1237.50, selling bias.

At Opening: Stop 1237.50, selling bias, target 1228.50-1226.50

After 7:00: Stop 1233.75, selling bias, target 1228.50-1226.50

Midday: Stop 1230.50, selling bias, target 1224.50

Afternoon: Stop 1228.75 (bounced high 1227.75), selling bias again, target MOC down.

[Result: Day high 1234.75, low 1220, closed 1221.50.]

Trades for 08/15/2005 Monday

At Opening: Stop 1233.75, selling bias, target 1228.

Midday: Short again with 1232 stop. (stopped out 1 pt)

After stop out: One stop at 1233.75 for buy side, target 1238.50; one stop at 1236 for short side, target 1234.

[Result: Morning high 1232.75, low 1228, day hi 1238.50, closed 1238]

 

Trades for 08/12/2005 Friday

At Opening: Stop 1236.75 selling bias, target 1232-31. Possible closing today 1235.50 OR MOC down at 1232-1230.

After 8:00: Stop 1236.50 again, selling bias again, target 1231, 1228.50

Midday: Stop 1232, short again target 1226. (stopped out 1 pt); another trade is stop 1228 for buy side target 1231, 1234.

Afternoon (after 12:40): Stop 1236.75, selling bias, for target 1232-1230.

[Result: Morning high 1236.25, Day high 1236.75, low 1227.25, closed 1230.50]

 

Trades for 08/11/2005 Thursday

At Globex: Stop 1237, short side. (stop out 1 pt)

At Opening: Stop 1235.25, short side. (1/2 profit, 1/2 stopped out 1 pt)

After 8:00: Stop 1240, selling bias, target 1236; 1236 violation = target 1230.50-1231

Midday: Stop 1235.50, shorting again, target 1231.

[Result: Day high 1240.25, low 1230, closed 1238.50]

 

Trades for 08/10/2005 Wednesday

At Globex: Stop 1238 trailing: Stop-out.

At Opening: Stop 1240.50, short side, target 1236. (stopped out 1 pt)

After 8:00: Stop 1245, short side, target 1242 testing; 1242 violation = target 1238; 1238 violation = reversal down for target 1231

After 1238 violation: Stop 1240.50, selling bias, target 1231; 1230 violation = 1227 target.

Final hour: Possible trading range for tomrorow 12

[Result: Day high 1245.25, low 1228.25, closed 1233.75]

Trades for 08/09/2005 Tuesday FOMC 0.25% rate hike.

At Globex: Stop 1230.50, short side. (stopped out 1 pt)

At Opening: If stopped out at glboex, do not take short again.

Morning: Stop 1230.50, buy side, target 1236-37. (possible MOC up) Market should squeez up to 1236-1237 to wipe out short traders

After morning: Side line for FOMC report

After report: Stop 1238, selling bias, target 1230.50.

[Result: Globex high 1231.50, Day high 1236.25, low 1224.25, closed 1227.25]

 

Trades for 08/08/2005 Monday

At Globex: Stop 1233.75, short side, target 1227.

At Opening: Stop 1233.50, short side, target 1227. (1/2 profit, 1/2 stopped out)

After stop-out: Reverse to buy side with 1221.75 stop. (stopped out 0.50 pt)

After 7:30: Stop 1233.75 again, selling bias, target 1227.

Afternoon: Stop 1230.50, selling bias, target 1125

Final hour: Stop 1229.50, short side trailing.

[Result: Globex high 1233.50, Day high 1234.25, low 1224.25, closed 1227.25]

Trades for 08/05/2005 Friday

At Globex: Resistance 1242, selling bias, target 1237

At Opening: Stop 1236.60, selling bias, target 1227

Midday: Stop 1233.50 stop, selling bias, target 1226

Afternoon: Stop 1230.50, selling bias, target 1226 (stopped out 1 pt)

Final hour: Stop 1233, selling bias. target 1226.

[Result: Globex high 1241, Day high 1235, low 1227.25, closed 1229.75]

 

Trades for 08/04/2005 Thursday

At opening: Stop 1246, short side, target 1240.50, 1238.50

Midday: Stop 1243, short side, target 1238.50.

Afternoon: Stop 1240.50, short side, target 1237 (stopped out 1 pt)

Final hour: Stop 1240, short side, MOC

[Result: Globex high 1248.50, Day high 1244, low 1236.25, closed 1248.50]

Trades for 08/03/2005 Wednesday

At Globex: Support 1242; resistance 1250

At opening: Stop 1245.50, short side, target 1240; then reverse to buy side for target 1248-1250.

Midday: Stop 1245, buying bias, target 1250. (breakeven out)

Afternoon: Stop 1246.50, short side, target 1242.50. (1/2 profit; 1/2 breakeven)

Final hour: Support 1244.50, buy side,

[Result: Day high 1248.50, low 1242.25, closed 1247.50]

 

Trades for 08/02/2005 Tuesday

At Globex: Agg Stop 1241, selling bias, target 1236

At opening: Stop 1241, selling bias, target 1237. (1/2 profit at 1239; stopped out 1 pt)

After stop-out: Stop 1242, buying bias, target 1247.

Midday: Stop 1243, buying bias, target 1247.

[Result: Day high 1247.50, low 1237, closed 1245.25]

 

Trades for 08/01/2005 Monday

At Globex: Stop 1243, selling bias, target 1235.75

At opening: Stop 1243, selling bias, target 1236.

Afternoon: Stop 1242, selling bias,

[Result: Day high 1242.00, low 1235.75, closed 1237.50]

Trades for 07/29/2005 Friday

At Globex: Support, resistance 1250.

At opening: Stop 1250, agg stop 1248.75, short side, target 1240-1242.

Then: Stop 1246, still selling bias, target 1238.

Midday: Stop 1242.50, short side, target 1237-38. (stopped out 1 pt)

Afternoon: Stop 1243, selling bias, target 1237-1238.

[Result: Day high 1248.75, low 1236.50, closed 1239.50]

Trades for 07/28/2005 Thursday

At Globex: Stop 1236.50, buy side, target 1242

At opening: Stop 1237, buy side, target 1242-1244.

Midday: Stop 1240, buy side, target 1247

Afternoon: Stop 1243, buy side, target 1248

Final hour: Stop 1248.50, short side scalping, target 1245.5; potential short term topping tomorrow.

[Result: Day high 1248.25, low 1238.25, closed 1247]

 

 

 

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