Home

Please read disclaimer before proceeding.

Trades for 05/31/2007 Thurday

06:30> One day consolidation day, we prefer short side in the morning. possible trading range 1539-1532; short high  and buy low.

[Result: Low 1530.25, high 1538, close 1532.75]

Trades for 05/30/2007 Wednesday

Globex> Resistance 1522, short sdie, taget 1509

06:30> Stop 1518.50, short side. Support 1507, buy side. (short side stopped out)

10:00> Resistance 1525; support 1517.

11:00> Stop 1524, short side, target 1520.

11:15> 1525 = breakout.

12:05> 1532-33 valid.

[Result: Low 1512.50, high 1533.25, close 15]

Trades for 05/29/2007 Tuesday (Monday = Memorial Holiday)

06:30> Stop 1527, short side, target 1515-13.

08:00> Stop 1524.50, short side, target 1515-13;

10:00> Stop 1521.75, short again, target 15-13, then reverse to buy side for 17.50-18.50 closing.

[Result: Low 1514.25, high 1524.50, close 1522.25]

Trades for 05/25/2007 Friday

06:30> Stop 1513, buy side, target 1520-21 and reverse to short with 1522 stop.

[Result: Low 1510.25, high 1520.50, close 1517.25]

Trades for 05/24/2007 Thursday

Globex> Resistance 30.50, shorting bias, target 15, 13.

06:30> Stop 1531, short side, target 18, 15, 13.

08:30> Resistance 21-22, shorting again , target 1513.50; do not try to buy 1518 (Buy side for scalping only)

09:36> Cover short at 1513.50 and reverse to long with 12 stop, target 16-18.

10:55> Stop 1518.50, short for taret 13-12; take 1/2  profit at 14.5; 1512.50 target in next 25 mins.

11:15> Cover short at 1512.50 and reverse to long for target 18, with Stop 1511.50; take 1/2 profit at 14.50. (1/2 profit 2 points, 1/2 stopped out 1 pt)

12:00> Stop 1513.50, go back in short again at 1512.50, target 1507.

[Result: Low 1507.75, high 1532.50, close 1511.75]

 

Trades for 05/23/2007 Wednesday

Globex> Resistance 1535, agg stop 1530.25, short side, target 22. (Watch out market should repeat yesterday's behavior, rallying at globex and plunge afternoon.)

06:30> Stop 1529, buy side, target 34-35; resistance 1437 for short side.

10:59> Breakout pivot at 1533 for down side, stop 1534.50, target 27-28.

11:30 > Stop 1531, short side again.

[Result: Low 1524, high 1535.75, close 1525.50]

Trades for 05/22/2007 Tuesday

Globex> Resistance 1535, agg stop 1530.25, short side, target 22.

06:30>  Resistance 1535, short side, agg stop 30.50 (1/2 profit taken below 27.50; 1/2 stopped out)

10:30> After 11:00 try short side with 1535 resistance.

[Result: Low 1525, high 1533, close 1525.25]

Trades for 05/21/2007 Monday

Globex> Support 22, 25, target 31-32; Strong resistance at 33-35 for short side.

06:30>  Support 22, 25, target 31-32; Strong resistance at 33-35 for short side.

10:30> After 11:00 try short side with 1534 stop for possible 28-29 closing.

[Result: Low 1526.25, high 1534, close 1528.50]

Trades for 05/18/2007 Friday

Globex> Stop 18.50, short side. (stopped out)

06:30> Support 15-16, buy side, target 1523.

08:00> Stop 26, short side, target 18. (1/2 profit taken at 21, 1/2 stopped out)

10:30> Support 1521, buy side, target 30. Market will close MOC high.

[Result: Low 1513.75, high 1528.25, close 1528]

Trades for 05/17/2007 Thursday

Globex> Support 1512; resistance 1522-23.

06:30> Resistance 18.25 for short side; support 12 buy side.

11:10 > Stop 14.75, buy side, target 22-23.

Final hour> Tomorrow weekend, market should close MOC weekly high

[Result: Low 1513, high 1521.75, close 1515.25]

Trades for 05/16/2007 Wednesday

06:30> Support 1506, buy side; resistance 1516, short side.

08:30> Stop 1510.50, short  sclaping. (stopped out.)

11:00> Support 1509, buy side, target 16.

11:30> Stop 17.25, short side. (stopped out)

[Result: Low 1506, high 1518.50, close 1518.00]

Trades for 05/15/2007 Tuesday (CPI as expected)

05:30> Stop 1509.50, short. (stopped out)

07:15> Support 12; resistance 19.75-20 for short side after 8:00.

08:11> Stop 1515.50, short side, target 1510

08:45> Stop 19.50, short side.

10:47> Stop 15.50, short side, target 09.

11:44> Stop 1510, short side.

[Result: High 1519.75, low 1503, close 1508]

Trades for 05/14/2007 Monday

06:30> Stop 18.50 for short side; support 06-07 for buy side.

07:30> Stop 1513.50, short 13 risking 0.50, target 1506; and buy with 05 stop. (buy side stop out).

[Result: High 1516.25, low 02.75, close 1508.50]

Trades for 05/11/2007 Friday

05:30> Stop 1503.50, short side; today will be a reversal up day.

06:30> Stop 1513.75, short again risking 0.50.

07:45> Stop 1503-04, buy side, target 1509-11

09:30> Stop 1504.50, buy side, target 1511

[Result: Globex high 03.50, Day low 1500, Day high 1512.75, close 1512.25]

Trades for 05/10/2007 Thurday

06:30> Stop 1513.75, shorting bias, target 1500-1498 confirmed (based on DMD).

07:33> Stop 1513.75, short again risking 0.50.

Midday> Resistance 1503.75, shorting bounce again.  (MA shorted above 1503 and placed more short orders at 1504, 06, 07)

Afternoon> Do not cover short.

[Result: Globex High 15.75, Day high 1513.75, close 1499]

Trades for 05/09/2007 Wednesday (FOMC no rate hike)

06:30> Waiting for FOMC; agg stop 12 for short side target 07-06; then reverse to buy side with 06 support. (short side stopped out)

Midday> Stop 1511.25, buy side.

After 12:00> Stop 1515, buy side.

[Result: Low 1507.75, high 1519, close ]

Trades for 05/08/2007 Tuesday

06:30> Agg stop 1512.25, short side, target 1505-04 and reverse to buy side for 1512 closing.

[Result: High 1214, Low 1505.75, Close 1512.25]

Trades for 05/07/2007 Monday

06:30> Today will be a choppy day. Resistance 1518; support 1509.

[Result: High 1516.75, low 1512.25, close 1514.50]

Trades for 05/04/2007 Friday (NF Payroll 88k vs 110k)

Before 5:30AM report> If spik up, short with 1519-20 stop; If spike down, support 1505-1506 for buy side.

06:00> Agg stop 1515.25, short side, target 09-08. (Gap filling)

06:30> Short agian with 1515.25 stop for gap filling 1508 target. (stopped out)

10:00> Stop 1512.50, short, target 1508; support 07 for buy side.

11:30> Use 1512.25 stop/trailing for short side. (Out flat)

[Result: Globex high 1517, low 1507, day low 17, high 16, Close 1514]

Trades for 05/03/2007 Thursday

Globex> Resistance 1505; support 1499.

06:30> Agg stop 1507, short side, target 03-02.(Stopped out)

07.00> Stop 1507.50, short side, target 03-02.

08:00> Stop 1509.50, short, target 1404-03.

11:30> Support 1502, buy side.

[Result: Globex high 1503.50, low 1492, day low 02.50, high 09, Close 1508.25]

Trades for 05/02/2007 Wednesday

Globex> Short 1498-99, target 1493

06:30> Stop 98-99, short side, target 1490; stop 1489, buying bias, target 98-99.

07.00> Short again with 1500 stop. (Stopped out.)

Midday> Support 1499, buy side.

[Result: Globex high 1498, low 1492, high 1504.75, Close 1500.75]

Trades for 05/01/2007 Tuesday

Globex> Short (MA room) 1492.50, 93.50, 94.50, 1st target 88, 2nd target 85.50, 3rd target 82.50.

06:30> Stop 1492.50, shorting, target 87-86; stop 1484.75, buy scalping (1/2 profit, 1/2 stopped out)

07.00> Short again with 92.50 stop.

07:31> Stop 1482, buying bias, target 1488-90

07:40> If took profit, buy again 1444-43 with 82.75 stop., target 88-90.

09:00> Resistance 90.50 for short scalping; support 85.75 for buy scalping. (buy side stopped out)

10:45> Stop 1485, buy side, target 92 before 12:00.

12:00> Stop/trailing 1489, buy again, holding long for target 1497-98; then reverse to short with 1499 resistance.

[Result: Globex high 1492.50, low 1482.25, Close 1492.75]

Trades for 04/30/2007 Monday

Globex> Resistance 1503-1505, short side, 1/2 target 1497.50, target 1490.

07:00> Stop 1496.50, buy side, target 1501-02; support 1497, buy side, target 1501-02

07.44> Stop 1504, short side, short 1503.50, target 1499.

08.11> Stop 1504, short side, target 1499-98.

08.49> Stop 1503 for short side trailing.

10:15> Stop 1503 for short side is ok.

11.52> Target 90-91 should be hit tonight or tomorrow, if not today.

[Result: Day high 1505, low 1488, Close 1489.25]

Trades for 04/27/2007 Friday

Globex > Agg stop 1502.50 (short 02~03), short side. (MA trade)

06:30> Stop 1501, short side, target 1493-91. Then support 90, reverse to buy side for 98-99 closing.

09:30 > This 98-99 is possible closing range; if market spikes to 1504-1506, short again.

[Result: Globex high 1502.50, Low 1494.50, Day high 1503.75, Close 1502.25]

Trades for 04/26/2007 Thursday

Globex > Short 1504.75-1405 with 1505.75 stop

06:30> Stop 1506, short side, target 1497; stop 1496, reverse to buy side; Short side trailing at 04.50.

Final hour > Stop 1504.75 (MA short 04), short side, target 1501-1499

[Result: Globex high 1505, Low 1497.25, Close 1502.50]

____________________________________________________________________