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OUR TRADES FOR

May, 2010

= Direction Accuracy 

We risk 1 point from the stop (Time: PST)
 
05/27 Thursday 
 

Globex>  Violation of 1064.50 is bullish sign, it will open gap up above 1072. Target 1115 is still valid.

06:30> Support 1177, buying bias, target 1108, 1115. Do NOT try to short, today will be short traders' nightmare day.

09:30> Stop 1182, 1187, buying bias, target 1115 either today or tomorrow.

10:30> Agg stop 1090, buying bias, target 1115

11:00> Support 1090-92, buy side, target 1115

12:15 > Stop 1090, still buying bias, target 1115.

12:45> Expected closing 1101.50.

 

 Range  
Globex low 1045.50, Day low 1082.50, high 1103. close 1100.50
05/26 Wednesday 
 

Globex>  Support 1070, buying bias, target 1088.

 

 

 

 Range  
   
05/25 Tuesday 
 

Globex>  Stop 1074, shorting bias, target 1060, 1038

Opening> Support 1033 for buy side, target 35-40 points rally.

09:00> Support 1043 for buy side, target 1070, 1078.

10:00> Support 1047 for buy side, target 1073, 1078. Do not cut profit short. It will close MOC high.

 

 

 

 Range  
  Low 1036.75, High 1074.75, Close 1072.75
05/20 Thursday 
 

Globex>  Resistance 1115, short side, target 1087, 1070

Gold: Resistance 1126, short side, target 1110

Afternoon> Resisetance 1095, short side one more time.

Gold: resistance 1210, 1200, short side bias, target 1173, if sp hits 1073 tomorrow

 

 

 

 Range  
  Low 1068.50, High 1116.50, Close 1070
05/18 Tuesday 
 

Globex>  SP  support 1123, 1128 for buy side; Resistance 1140 for shorting.

Gold: Resistance 1126, short side, target 1110

06:30> Short 1147 area for gap filling.

 

 

 

 Range  
  Low 1115.50, High 1147.50, Close 1118.25
05/07 Friday 
 

Globex> Resistance 1148 for short side, target 1090-85 if report is bad.

06:30> Support 1090-85 for buy side target 20 pts.

9:30> try to short 9:50 from 1120 for target 1107-08. Then reverse to buy side for target 1120 again.

11:00> try to short again from 1120 area, and this time 20 points target 1100.

12:00> Try to take short side profit at 1103-01 and scale in buy orders  for target 1110-13.

 

 

 Range  
  Low 1090.75, High 1135.50, Close 1107.50
05/06 Thursday  SP plunged from 1165 to 1056
 

 

 Range  
  Low 1056, high 1165.
05/05 Wednesday 
 

06:30> Support 1155 for buy side, target 1169; then buy pull-back.

07:30> Trailing 1160, buy side, target 1175.

10:30> Try ot short 11:00 with 1170 stop.

11:57> Stop 1156 for buy side.

12:35> Buy with  1157 stop for target 1168, 1177.

12:45> Don't worry, relax, use trailing 1160.

 

 Range  
  Low 1154.75, High 1175.00, Close 1163.75
05/04 Tuesday 
 

 

  [12:55:25 Monday] <G-> if 1201 stop intact for the rest of the day, then it could open gap down tomrorow am;  if 96 pivot broken tonight.. then 91.5 valid before 7:00am; 1196 is a support/breakout pivot.

01:37> 1196 pivot broken, target 1191.50 is valid before 7:00am; before May 6, target 1170-65 still valid.

03:15> 1196 became resistance for target 1186

04:50> if shorted, do not cover; next target 1183; timing for bouncing (short covering) at arund 6:45-7:00 ; then ready to short one more time.

[06:16:42] <G-> 92 resistance now for target 80-78

[08:25:47] <G-> next timing 10:10 and 11:10

 Range  
 
05/03 Monday 
 

07:00> stop 1195.25 for short side, target 88

[10:25:32] <G-> next timing 11:50-12:00, short side stop 1201.

[12:55:25] <G-> if 1201 stop intact for the rest of the day, then it could open gap down tomrorow am;  if 96 pvit broken tonight.. then 91.5 valid before 7:00am; 1196 is a support pivot.

Our short side target 1166-68 still valid and May 6 will be the last chance for this target.

 Range  
 
04/27 Tuesday 
 

 

06:00>  Stop 1206 for shorting. (stopped out)

07:10>  Next timing for shorting at 7:40

10:00> next timing for shorting at 10:50, use bounce high 1194.75 as stop.

 Range  
 High 1210, Low 1177.50, Close 1181
04/26 Monday 
 

 

Globex> Stop 1218 for shorting.

06:30> Resistance 1218 for shorting, target gap filling.

10:00> Resistance 1205 for shorting, target 1206.50 should be hit at Globex or before 7:30AM.

Final hour> Topping either on Tuesday or Wednesday, topping price 1218 for 50 points correction.

 Range  
 High 1216.75, Low 1207.50, Close 1207.50
04/23 Friday 
 

 

13:30> Target 1213.50 still valid.

05:30> Try to short for gap filling target .

06:30> Short for gap filling. Later on, target 1213.50 still valid

Final hour> Topping next week at around 1215-1218 area, for 50 points correction.

 Range  
 
04/16 Friday     Short side.
 

 

13:30> Globex resistance 1211; agg stop 1209, scalping to target 1203.75 before midnight.

[05:29:29] sp stop at 1208 for short side.

10:00> stop 1184, buy side bounce target 1194.

11:15> short side with 95.50 resistance for target 89.50 before 12:10

Final hour> Topping next week at around 1215-1218 area

 Range  
 
04/14 Wednesday   
 

Resistance 1213 resistance for short term topping; 4/16 Friday 7:30am for short term topping.
 Range  
 
04/14 Wednesday     Buy side.
 

 

[12:27:33]  Target 1207 not ruled out before 1:15 closing

 08:09> sp support 1196 for target 1206. (timing for buy side 9:30)

07:30>  momo medium strong, better not short.

06:30> agg stop 1201 for gap filling 1193.50.

05:50> stop 1202 for shorting, first target gap filling 1193.50.

 Range  
 Low 1194.50, High 1207.25, Close 1206.50
04/07 Thursday     Buy side.
 

 

 Globex>  13:30> Globex resistance at 1182.50 target 1174-75; gold resistance 53.50, target 1144.50; both targets before report. Try to buy tomorrow 6:30 opening if support found.

06:30> Try to buy after first hour for target 1177, 1181

08:00> Trailing 1175-73, for buy side target 1181

09:47> target 85-86 for tomorrow if not today; target 89 for Monday if not tomorrow.

 Range  
 Low 1171, high 1184, close 1183.75
04/07 Wednesday     Short side.
 

 

 Globex>  resistance at 1188; day session resistance at 1191; correction target 1174-73

Day session> Resistance at 88-90 for shorting.

 Range  
 
04/06 Tuesday     Buy side.
 

 

 Globex>  resistance at 1188; day session resistance at 1191; correction target 1174-73

 Range  
 
04/05 Monday     Buy side.
 

 

09:00> Strong momo, can not short.

07:00> ISM 55.4 vs 53.3; pending home sales 8.2%

03:00> 2 reports are 7:00am: ISM services exp 53.6; pending home sales -1.0%.

21:00 Sunday > buy side target 88-90 still valid, resisatnce 1192 for 15-20 points correction should start on late Tuesday; after correction reverse to long either on end of Wednesday or Thursday opening.

From 1088-89 shorting on MOnday for 8-10 pts target .

 

 Range    
 
04/02 Friday    
 

 

[05:34:51] <G-> 1188 still valid .. probably for next monday tuesday. Have a nice long weekend. Bye for now.

05:30> Expected NFP +187k; exp. unem rate 9.7%;  support 62; resistance 88

13:15> it closed as expected, up side target still valid with 66, 69 support.

12:40> If closed above 1169, it is not bearish and next target 1188 still valid, if report is good.  Expected NFP +187k; exp. unem rate 9.7%

 

 Range   Low 1165.75, High 1177.50
 
04/01 Thursday    
 

 

06:30> Support 1162 for buy side.

05:31> agg stop 67.50 for buy side, target 1176-77; if tomorrow job report is good, then 1188  next target and gold 1135, 1143.

 

 Range   Low 1165.75, High 1177.50
 
03/31 Wednesday    
 

 

06:30> Support 1162 for buy side.

11:00> Resistance 1170.50 for short side scalping; Expected closing 1169.

 

 Range  
 
03/30 Tuesday    
 

 

06:30> Support 1162 for buy side, target 1176

10:00> Expected closing 1169.00

 

 Range  
 
03/16 Tuesday    
 

 

06:30> SP gap filling first after opening then reverse to buy side; gold support 1115 for buy side.

11:30> Support 1147 for buy side.

 

 Range  
 
03/15 Monday    
 

 

06:30> Gold support 1100 for buy side; SP 1147.50 for short side, gap filling first.

 

 Range  
 
03/10 Thursday     rolled over to June contract.
 

 

06:30> Buy side SP support 1134;

also buy gold 1101

07:30> Do not cut profit short; hold long for position.

09:00> Trailing 1135 for target 1152. Gold trailing 1102 for target 1115-20

13:00> hold long overnight.

 

 Range  
 
03/05 Friday    
 

 

Globex resistance 1126 for shorting if job report is bad; 1126 is breakout pivot.

05:30> Support 1122 for buy side

09:00> Support 1129, target 1138

 Range  
 
03/03 Wednesday    
 

 

Resistance 1126 for shorting.

 Range  
 
03/02 Tuessday    
 

 

Resistance 1126 for shorting

 Range  
 

02/24 Wednesday    
 

 

[07:03:47] try buy side with 94 stop if it is intact by 7:30, target 1104-05

[07:35:08] expected closing today 1103.5-1104

09:30> Support 1097, buying bias.

 Range