Archive for the Emini futures Category
Hi All,
The US market took a huge stumble last night and broke through a key support level.. this means that I expect further falls.
The S&P EOD day system came up with a buy last night but due to the above, I didn't feel comfortable with a long entryso left it. Phew, I'm glad I did as it's already 5 points down from last night.
I did trade the S&P emini last night and made a small gain. I didn't capture the whole move though I was well positioned to. My short entry was perfect.
October 12, 2007
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Not a great day with the S&P emini day trade. I was thinking today was going to be a down day but the market reversed from around 7pm GMT.
I took the opportunity to short at both the levels as in the chart but was stopped out twice. I ended up with -19 loss.
October 10, 2007
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Morning all,
The GBPUSD went to hit target for 74 pips and the GBPJPY last night hit the stop and closed for a scratch trade.
I'm also testing a new EOD (End of Day) system on the S&P. It's a black box system and will keep you informed on it's progress. It requires putting in a trade at 9pm GMT each day. So far, I'm short on the S&P... I don't feel that comfortable with it as we've made new highs but I guess we can expect some sort of retracement (which I expect this is trying to
October 10, 2007
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