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No trades today. Probably no trades tomorrow either as I plan on starting the labor day holiday a little early (family comming into town). Attached are results for week 11. I hope everyone has a nice long weekend!

Scratched the am trade and took some nice profits in the pm. am === +10 -10 pm === +10 +101

10:30am: Pretty tight opening range. Price gapped up just below the pivot. I'm waiting to see how pice behaves around the pivot and the gap fill (if it occurs). Yest Low is around the gap fill so it should provide some support.

Ok folks, It doesn't get any better than this! Bearish opening well below the pivot, previous day close, and following a narrow trading day. Also, I was expecting hawkish FOMC minutes so....go short on retracement. Went short on second bounce off of S2 and set my stop loss on the 2nd...

Tx Magna!

Hey folks, No trades today. Price did open above the Pivot and held nicely after the housing news, however, it just meandered around until the lunch session. A couple of tests of Friday's high occurred in the pm, but, it looks like she chopped her way back to the pivot. Lookes like a...

A nice week of profits. I still have a ways to go before "bumping" up my position size to 3 contracts. Existing home sales come out on monday and I expect hawkish FOMC minutes on tuesday. Should make for an interesting week ;-)

Well, I cracked today and bungled my first trade. Don't know why I was so eager to pull the trigger. I got stopped out at -10. I made a second trade during the mid-day session and picked up +10 and +45. In hindsight, this was no doubt a revenge trade. I should have waited until the...

Choppy day; Very low volume; No trades today; There was a minor break around 3:30pm but I didn't take it. Hats off to those who made $$$ today!

Thanks for your kind words!

Yeah I know. I thought about it. But the reality is the account sat idle with no gains (or loses ;-) and I want the spreadsheet to reflect the actual gains/losses in the account. I just try to stay focused on the specific task of looking for opportunities to earn 10YM pts each day and try...

Chill "bro"--life's too short to be this angry. I'm assuming the author meant 2-3 ES points. As far as the "3%", I confess, I probably should have used a different title. The 3% was just the result of the trading plan I conjured up and was NEVER the goal. My bad. The plan was to...

Thanks to all for your kind words! Still have a long ways to go.

Yikes! Got caught up in some chop today. Scratched the 1st trade and caught +10 and +20 on the 2nd trade. I consider myself lucky I grabbed some points in this account today. If I'm reading my daily chart correctly, we've had two narrow range days so we may see some movement tomorrow. ie...

Choppy morning. Didn't hit the pivot until the deadzone. I honestly thought the market was going down. Red heikin ashi bars printed, volume to the downside seemed high, and my DualMACD MAs were beginning to cross. But, price opened and managed to stay above the daily pivot so I just sat and...

Hey folks, I haven't given up yet. It's summer time and I have a full schedule. This week I was with my 7 year old was in golf camp. I can't begin to explain what an advatage he has learning a proper golf swing at such an early age. ie He hasn't had any time to develop bad habits. He can...

Hey Pekelo, Short answer is it's what I'm comfortable with. I trade 1 contract for each $7,500 of equity available in the account. The position size is adjusted as the equity in the account rises and falls. I use $7,500 because it supports my risk per trade amount which is approx. 1% of...

Price broke opening range to the downside so I played a short on the retracement to S1. +10 +66

Back from vacation. Great weather which led to a great time outdoors. Lots of volatility in the markets which made swing trading interesting. I had to throttle back on position size and increase my stops. We'll, first day back was a nice play. big gap up in the morning so I played the...

Hey folks, I'm off on vacation next week. No intra-day trading where I'm going :-) I'll still manage my swing and position accounts, but, that's about it. Hope everyone is enjoying their summer whever they are! PT