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OUR TRADES FOR

May, 2009

= Direction Accuracy 

We risk 1 point from the stop
 
05/29 Friday   
 

06:00> Resistance 913.50 for short side gap filling target then reverse to long with stop 902 for target 907-908. Target 919 is valid before 8:00AM and target 930 not ruled out.

9:00> Trailing 904 for buy side target 919. (Trailing stopped out)

11:00> Stop 912 for short side, target 905

11:45> Stop 902 reverse to buy side bias before 12:30.

 

 Range: G-L 903, G-H 913.25; D-L 92.25; D-H 927.75, Close 921.25
05/26 Monday   
 

06:00> Resisatnce 885 for short target 877; and 875 support for reversing to buy side.

06:48> Stop 880, buy side.

12:00> Support 900, buy PB for MOC high target .

 

 Range: G-L 886.75, G-H 887.25; D-L 878.25; D-H 911, Close 909
05/22 Friday    Monday Memorial Holiday
 

Globex> Short opening for gap filling then stop 882-881.50 reverse to buy side.

12:00> Stop 894.50, short side, target 890-888. (stopped out)

12:38> Agg stop 893.50, short again, target 888, 886

 

 Range: G-L 886.75, G-H 896; D-L 882; D-H 895.50, Close  883.50
05/11 Monday   
 

Globex> Resistance 925, agg stop 922.75, short side target 913.

Opening> 910 for scalping; 914.50 resistance for shorting, target 905

10:00> Stop 915.75, shorting, target 905-904.

12:00> Trailing 913 for target 904 at Globex.

 Range: G-L 910.25, G-H 913; D-L 905.75; D-H 9916.50, Close 909.50
05/08 Friday   
 

Globex> If 912 broken, it will rally to 918, 925.

Midnight> 908, 904 will be tested as long as 929 is intact by opening. If job report is better than expected, market will spike up. It will be a setup for another shorting.

Timing for reversing short to long around 8:00am

06:30> Resistance 923.75 for short side, target gap filling; then use support 902 reversing to long for target 923.

07:20> This 908 is a support, try to short again if bounced to 916.75.

 Range: G-L 893, G-H 923.75; D-L 909; D-H 927.75, Close 924.25
05/05 Tuesday   
 

Globex> Stop 905, for short scalping, target 894

06:30> Resistance 905, agg stop 904, short side, target 895

11:00> Stop 892.50, buy side.

 

 Range: G-L 894, G-H 905; D-L 893.50; D-H 904.75, Close 903.50
05/04 Monday   
 

Globex> Globex stop 874.50, buy side, next target 892, 903

05:15> One stop at 874, one stop at 877, buying bias, target 892, 903

Opening> Agg stop 877, buying bis, target 892-903

Midday> Support 885, buying bias, target 903

 Range: G-L 866, G-H 885; D-L 879; D-H 904.50, Close 903.25
05/01 Friday   
 

Globex> If 864 intact, and 870.50 breaout, it will rally to 875-877.

05:30> Resistance 75-77, shorting for gap filling target.

Opening> Stop 875, short side for target 865, 860. 

07:00> Stop 870.50, short bounce again for target 865, 860.

8:00> Stop 870.50, short side. (stopped out 1 point)

11:00> Stop 876.75, shorting bias, target 870.50, 869.

12:00> Trailing stop 875.76, hold the short for target 870.

 Range: G-L 864, G-H 875; D-L 862.50; D-H 877.50, Close 876.50