Spanish89- Opportunist Trades (2nd journal)
- Thread starter spanish89
- Start date
Quote from spanish89:
Just added 2nd short-sell at 130.14...,
and also updated my profit target level to 129.66 as i can't be bothered to hold this trade whilst it has to break through too many support barriers, so will just dump the piece of trash at 129.66.
I just cashed this trade in, as the market dropped down vertically nearly 15points in 20seconds,
and so i cashed in at 129.89 for 17points profit.
I had wanted to hold it down to market price of 129.66,
however with the US trade balance number out in 15mins, and Dow looking abit confused about being so high up,
i decided to just take the money and sit in cash for now instead.
I want to see Dow test and find strong solid support at 11,106/26 level before i feel more confident about taking long positions.
Im considering buying some more Usd/Jyp although want to get it at around 76.05 if possible.
And Oil looks moderately appealing for a short-sell at 89.95 today still.
Im considering buying some more Usd/Jyp although want to get it at around 76.05 if possible.
And Oil looks moderately appealing for a short-sell at 89.95 today still.
Im taking a risky short on the ES here 1205.75
wish me luck!!
spreadbet DOW is 11500.
What is your DOW quote at the moment? I know various firms quote different prices....
wish me luck!!
spreadbet DOW is 11500.
What is your DOW quote at the moment? I know various firms quote different prices....
What did you base your decision on to short the S&P today at that level mate??
Its quoting dow as 11,519 as of this second. lol
Ive added abit more to my Usd/Jpy long trade at 76.45.
And so now have managed to get all 3 buy contracts that i wanted in,
with average buy price of 76.65,
target price is 78.70,
so will be £615 cash profit once that level is hit.
Its quoting dow as 11,519 as of this second. lol
Ive added abit more to my Usd/Jpy long trade at 76.45.
And so now have managed to get all 3 buy contracts that i wanted in,
with average buy price of 76.65,
target price is 78.70,
so will be £615 cash profit once that level is hit.
nice little move down. Caught about the high tick so far
Closing it here at 1202 for +3.75 handles, so +37 pips profit
Most of my trades are ideas from a friend who works in the industry for a London trading firm
wow, what a drop. ES under 1200 now! Should have been a 60 pip profit trade, really. Closed it too early.
Never mind. Couple of hundred bucks extra in the bank and on to the next trade.
Never mind. Couple of hundred bucks extra in the bank and on to the next trade.
Tightish I guess, but it depends on how confident I am in the trade based on either the information im given by people who have information that I could never access, or through my own analysis.
Since im generally day trading, I dont want huge stops.
Typically, I'd use something like a 5 handle (50 pips) stop on something like the Emini.
Nothing is set in stone though, and each trade is unique.