Archive for October, 2007
Dear All,
The S&P is issuing a sell at the close today with a target of 1524. This is a long way away and this is what I said about the trade a few days back.. I thought the trade was a bit too far away but the trade did make it and if I had followed through, i would have made about 15 points (60 prices in the S&P emini equivalent).
Well, the system is now thinking that there is a 20 point (80 price) opportunity ahead of us.... let's see! I've put on my trade. However, the system
October 17, 2007
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Last nights EOD failed this morning for a loss.
However, on close today, it issued a buy at the close at 1538.5 with a target at 1543.3. This would have made target already.
5 out of 6 wins.. not bad!!
I watch the S&P emini today and it was a bit choppy so I didn't trade it.
October 16, 2007
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Morning all,
Remember my last post regarding the EOD S&P system where I mentioned that the system reported a sell signal with a target at 1547. The previous close price was 1561 so I thought that this figure was a bit too far away considering that the market was quite high.
Early this morning, I did in fact sold the S&P and the market did infact fall. I took profit when I made 6 points (24 equivalent S&P prices).
I felt rather proud of myself and then the market fell further
October 15, 2007
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