Trades for 08/31/2006
Thursday
Globex
> Support 1302, buy side. Opening
> Support 02; resistance 08 Final
hour > Expected closing range 1306-1305.50 [Result:
Day low 1303, Day high 1308.25, close 1305]
Trades
for 08/30/2006 Wednesday
Opening
> Support 1303-04. 06:40
> Stop 1308, short, target 1305.50 for 1/2. 08:00
> Side line. 11:30
> Expected closing range 1306-1305.50; short again if it tested day high again. [Result:
Day low 1303.75, Day high 1308.75, close 1305]
Trades
for 08/29/2006 Tuesday
Opening
> Risk 0.50; Stop 02 for buy scalping; 07 stop for short scalping. 07:00
> Stop 1304.75, short, target 00.50, 98, 97. 09:30
> Support 1296, buy side, target 1302; 1303.75 resistance for short scalping. [Result:
Globex low 1294.75, Day low 1297, Day high 1307.50, close 1305.25]
Trades
for 08/28/2006 Monday
Opening
> Stop 1293, buy side; stop 1302, short side. 9:30
> Agg stop 1302, buy side [Result:
Globex low 1294.75, Day low 1295.75, Day high 1307.50, close 1304]
Trades
for 08/25/2006 Friday
Opening
> Today's trading range will be 1300~1294 or 1302~1293 07:45
> Stop 1300.50, short, target 1295.25. [Result:
Day high 1301.75, Day low 1294.75, close 1297.75]
Trades
for 08/24/2006 Thursday
Globex
> Support 1292, buy side; Resistance 1298.50 Opening
> Resistance 1303.50 for shorting; support 94.50 for buy side. 07:46
> Stop 1298.75, short, target 1294-93. 10:00
> stop 1292, buy side, target 1297-98. Expected closing range 95.50-97.50. [Result:
Day high 1300.75, Day low 1293.50, close 1296.50]
Trades
for 08/23/2006 Wednesday
Opening
> Stop 1303.75, short, target 1298. (stopped out by 2 ticks) 07:15
> Stop 1302, short, target 1297; and 96 stop (buy side) breakout for target
1292. 10:00
> stop 1298, short, target 1292; support 1290-92, buy side [Result:
Day high 1304.25, Day low 1291.50, close 1297.75]
Trades
for 08/22/2006 Tuesday
Globex:
Resistance 1306.50-07.50, short side. Opening
> Stop 1302.75, for short side, scalping, target 98.50. Support 1295 for buy
side. (short side stopped out 1 pt). 09:30
> Stop 1302.50, buy side; 1302.50 = breakout for down side target lower low.
(Buy side stopped out 0.5) 10:13
> Resistance/Stop 1303.25, short side, target lower low. 10:54
> Stop 1300.75, short scalping, target 1296. (1/2 in profit; 1/2 breakeven)
[Result:
Globex high 1305.50, Day low 1297.25, Day high 1305.75, close 1302]
Trades
for 08/21/2006 Monday
Opening
> Stop 1304, for short side. Midday
> Support 1295, buy side. Expected closing range 1301-02. Final
hour > Resistance 1306.50-1307 for Globex short. [Result:
Globex high 1306.75, Day low 1298.50, Day high 1303.50, close 1302]
Trades
for 08/18/2006 Friday
Globex>
Trend still up, strong support 1292, still buying bias. Opening
> Trend is still up; should buy pull back; any short for scalping only. 06:56
> Stop 1300.50, short scalping only, target 95. (1/2 profit, 1/2 out) 11:00
> Stop 1304.50, short scalping. (1/2 profit, 1/2 breakeven) [Result:
Day low 1296.75, Day high 1307.75, close 1307.25]
Trades
for 08/17/2006 Thursday
Globex>
Trend still up, but one day consolidation. Strong support 1290 buying bias. Opening
> Possible narrow (7 points) trading range 1300-1293; stop 1300.75, short,
target 1295-94. (1/2 profit and 1/2 stopped out). Side
line for the rest of the day. Final
hour> expected closing range 1301-02. [Result:
Globex Low 1285.75, Day high 1303.75, Day low 1297.50, close 1301]
Trades
for 08/16/2006 Wednesday
CPI better than expected) Globex>
Support 1283 buy side, target 1297. Opening
> Stop 1290, buying bias, target 1297.50-99.50 07:45
> Stop 1291.50, buying bias, target 1297-99. 10:37
> 1292 is support pivot for up side; we do not have stop for short side, because
shorting is against trend. 1292-93 still support for buy side. [Result:
Globex Low 1286.75, Day high 1300.25, Day low 1291.750, close 1298.75]
Trades
for 08/15/2006 Tuesday
PPI core exp +0.2 ; actual down 0.3% Globex>
Support 1270. If report is good, it will spike to 1285. Opening
> Stop 1280, buying bias, target 1287; then 1288 resistance for short scalping,
target 1283; main trend is UP, short side for scalping only. Final
hour > Stop 1283, target 1297 tomorrow if report is good. [Result:
Globex Low 1273, Day high 1287, Day low 1280.50, close 1287.75]
Trades
for 08/14/2006 Monday Opening
> Stop 1275.25, buy side, target 1283, 85 09:00>
Resistance 1285, short side. 11:00>
Stop 1281, short side 11:30>
Stop 1278.50, short, target 1273
[Result:
Globex Low 1274.25, Day high 1283.25, Day low 1270.75, close 1273.25]
Trades
for 08/11/2006 Friday Globex
> Stop 1277 for short side; stop 1271 for buy side. Opening
> 1277-78 resistance for short side, target 72-71; 71 support for buy side,
target 75; 1271 breakout for 1266-65 target. 7:00
> Stop 1273, short, target 1266-65.
[Result:
Globex Low 1273.50, Globex high, 1277, Day high 1273.75, Day low 1264.75, close
1272.25]
Trades
for 08/10/2006 Thursday Globex
> Iif 1274 is intact by midnight. Resistance 1274, short side, target 1265,
1261; Strong suppot 1261 for buy side. Opening
> Stop 1271, short again, target 1265-64; then short bounce again with 71 stop.
After 8:00 > Resistance 1274 for short; Support 1268 for buy; both are breakout
pivots. [Result:
Globex Low 1262.50, Day high 1277, Day low 1264.75, close 1275.50]
Trades
for 08/09/2006 Wednesday
(FOMC, pause of rate hike) Globex
> Stop 1275, buying bias, target 1284-85; then ready to reverse to short; target
1265-60 is not ruled out in this week. Opening
> Stop 1279.25, buying bias, target 1285, 1289-90 Midday
> Market reversed, stop 1284.75, short, target 1277 10:00
> Stop 1282, shorting bias, target 1277 before 12:15 and breakout for target
1273-72 [Result:
Globex Low 1276, Day high 1288.25, Day low 1278.25, close 1271.50]
Trades
for 08/08/2006 Tuesday
(FOMC, pause of rate hike) 11:30
> Range extreme at 1287 and 1273. Strong support at 1272. [Result:
Day high 1287.75, low 1272, close 1282.50]
Trades
for 08/07/2006 Monday
Opening
> Resistance 1285.50, short side; support 1277, buy side. Final hour
> Strong support 1272 [Result:
Globex high 1284.75, Day high 1283.75, low 1277, close 1282.50]
Trades
for 08/04/2006 Friday
(NFP weaker than expected) If
Job report is weak, it should spike up and reverse. Breakout pivot = 1282.75
for target 1278-76; breakout pivot 1293 for target 1297 7:00 > Resistance
1295.50, short side, target 1285-84. Afternoon > Support 1277-78, buy
side, target 1283-84 [Result:
Globex high 1297.75, Day high 1297.75, low 1278, close 1285.50]
Trades
for 08/03/2006 Thursday
Globex > Resistance
1285.50 for short, target 1280-79; Support 1279 for buy side; 1279 violation =
breakout for target 1275. Opening
> Stop 1281, short, target 1274; support 1273, buy side after 9:00. Midday
> Stop 1279, buy side, target 1288 Afternoon
> Resistance 1288.75, short scalping for 3 points [Result:
Globex high 1284, Day high 1289, low 1274.75, close 1287] Trades
for 08/02/2006 Wednesday
Globex > Support
1272-73, buying bias. Opening
> Stop 1278, buying bias, target 1284-85 before 7:30. 7:08
> Cancel the buy side, cuz it broke 1280 again after 7:00. 8:50
> support 82, buy side, target 1287 Final
hour > Tomorrow market will be bearish. [Result:
(Globex low 1275.75, Day high 1288.25, low 1279, close 1284] Trades
for 08/01/2006 Tuesday
Opening > Stop
1280, short side Morning
> Stop 1275.50, short side Afternoon
> Stop 1275.50, short again, target 1270.50 testing. Final
hour > Stop 1274.75, short again, 1/2 profit taking at 1272.50, 1/2 1273.75
trailing out. [Result:
Globex hi 1283, Day high 77.75, Day low 70.25, Close 76.75] Trades
for 07/31/2006 Monday
Opening > Side
line [Result:
Day high 1284.25, Day low 1279, Close 1282.75] Trades
for 07/28/2006 Friday
Opening > Trend
is still up. Stop 1281 for short side, target 1274-73; then support 1270-72, buying
bias, agg stop 1273, target 1284 before 9:00. (MA room, shorted 88 and took profit
1284) Morning > Resistance 1284.50, short scalping only for 2-3
points. Do NOT overtrade short side, it is against trend. 10:00
> Stop 1279, buying bias, target 1285 higher high, followed by 1290 target. [Result:
Globex low 1270.50, Day high 1286, Day low 1273, Close 1284.25] ____________________________________________________________________ |