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OUR TRADES FOR

September, 2010

= Direction Accuracy 

We risk 1 point from the stop (Time: PST)

 

09/30 Thursday   
 

  

[06:37:22] <G-> yes 50-52 is profit taking area for buy side.

[06:42:13] <G-> 52.50 is resistance for short scalping first.

[06:48:29] <G-> now u can use 53.5 stop

[08:29:01] <G-> support 29-30 for buying

  Low 1131.25; high 1153.50; close 1136.50
09/24 Friday   
 

 [12:22:34] <G-> [*Trailing*] 1141

[11:24:18] <G-> at 11:30 use 39.75 stop for target 46-48; bottom line stop 39.25.

08:45> stop 1036.50 is buy side trailing for target 46-48.

06:25> breakout pivot 1126 became support for buy side and breakout.

[06:18:48] <G-> cuz this 34 is closing pivot; if closed above it more up side next week, if clsoed below 34, then more consolidation.

Durable orders better than expected.

[05:28:04] <G-> 5:30am expected Durable Orders -1.4%; 7:00am expected new home sales 291k

[05:07:48] <G-> 26.5 broken ! It is breakout pivot.

 

Globex breakout stop at 26.50 for scalping.

[13:31 Thur]  Resistance 25, 29; support 1117, 14, 09; just do NOT overtrade, save ammunition for next bottom. If it is down 8-10 points in the morning, try to buy bounce again. If 1117 is intact by midight, then use it as stop for buy side.

 

  Low 1118.50; high 1144.50; close 1143
 
 
 
 
 
 
 
 
 
 
09/01 Wednesday  Up trend for 100 points
 

 [09:21:50] <G-> before 11:00 for consolidation;  stop 72 for buy side, next target 82-83

[07:30:21] <G-> 60-65 support already and this is position trailing

[07:30:21] <G-> 60-65 support already and this is position long trailing

[06:50:37] <G-> support 57, buying bias for target 68, 72

02:50> The ship has sailed, next target 1071; support 1055 now.

14:00> Globex support 1045, 48, buy side, next target 1057.50

  Low 1050.52; high 1083.50; close 1083
   
08/31 Tuesday  Bottom in already, trend is up for 4 weeks
 

 [12:43:08] <G-> agg traders .. can use 43.5 stop for buy side.

[11:43:26] <G-> target 1023 valid before midnight if closed below 45

[07:53:28] <G-> 43-45 support for target 53-55

[05:49] buy sp woth 36-37 support after report.

[05:49:35] <G-> buy sp woth 36-37 support

06:45 Chicago PMI exp'd 57.0; 7:00 exp'd consumer confidence 50.0