Search results

0835 Out at 105 31 for breakeven trade.

0822 Expect something to happen here within 5 minutes. UPDATE 0829 Prices hit 106 00 within the 5 minute time frame, but I was expecting a pop to 106 03. Oh well. I've placed an order to sell to close out my 2 ZB's at 106 03.

0817 Bought 2 ZB's 105 31. Stop at 105 28. Will reverse at stop if hit. This will be a quick trade. Target is 106 03 to 106 05. Will consider shorting there.

Do some reading on pyrapoint. It is pretty cool. Note that there is a lot of discretion in selecting previous highs and lows in order to construct your chart. I also use my NN cycle indicator to show cycles as well as confirm what pyrapoint may tell me. Note that pyrapoint is very...

0811 Both NN's have turned up now. I'm still undecided. My comfort zone is shorting returns to higher prices on a day like today.

Chart for the above cycle time observation.

Here's an interesting question and food for thought. Looking at this morning's 5 minute chart, which would you rather know: a. 0720 is an important cycle time. b. 0730 is an important cycle time. For me, the answer would be 0730. The reason for this, is that price activity prior to...

If a person were inclined to go against the trend, a long here with less than normal size might be in order. Stop at 105 27 to be safe. By here, as it is 0759, I mean 105 29 to 105 31. Personally, I'm going to wait for another short.

We've hit 105 29 which is 1 tick off of my profit target (a price projection number published last week) of 105 28. 105 26 and 105 24 are also potential numbers but not as important as 105 28.

To give you an idea of why paper trading sucks, the previous trade I just did, if a person were paper trading they would have said that they got out at 105 31 on all contracts. In the real world it doesn't work like that. In the real world it works as I have just shown you. In the real...

Bought 4 ZN 104 145 0742 Bought 2 ZB 106 02 0744 Tried to get out on the ZB's at 105 31, didn't hit, raised and raised until successful at 106 02 More downside possible. A lot of weakness seen with my indicators.

Target is 105 28 on the ZB's and equivalent on the ZN's. Now is not the time for a bathroom break! UPDATE 0740 If we don't break 00's consider exiting for profit.

0730 Sold 4 ZN 104 160. Tried to get 104 170 and so on. Didn't work. Will sell more higher if possible.

0728 Sold 2 ZB 106 05. Will sell more higher if possible.

Wednesday 05 July 2006 Today we have the following (CST): MBA Purchase Applications 0600 ICSC-UBS Store Sales 0645 ADP Employment 0715 Redbook 0755 Factory Orders 0900 Ah, what a shame. I'm writing this now at 0530, and I see that prices have traded from a high of 106...

FuturesTrader71, Very interesting insight. You sound like the kind of guy that a forum developer needs to kick the tires. John

Observations Did you notice that I only traded a 2 lot today? Did you notice that on Friday I wrote that Friday was a day to trade multiples of one's normal size? Learning how to spot these different types of days takes some practice, but an economic calendar and an analysis of price...

0803 CST Bought 2 ZB's 106 10. I think I'll call it a day. I need to work on my web sites for a while.

I'm looking to get out at 106 10. Limit order is in.

We are at the 0755 cycle time I mentioned earlier. Caution look for more downside but be prepared to lock in profits.