Monday, January 31, 2011

ES pull back?

Like Apr, it could be in process to form h&s.
Or, 3 push ups. Downside MM target never works that well in this bull market.

From misc

Twilight Landing At LAX (Cockpit View)

Corn

Corn always responds well with trend setup.
Today is no exception, it's hard to grab all the spike and channel up MM target, but H1 and H2 work like a champ.

From misc

Sunday, January 30, 2011

ES should hit this MM downside target

I was disappointed it didn't hit on Friday.

From misc

Wednesday, January 26, 2011

Short term option comparison

Yesterday I longed ATM March call, around $3.18.
Should I choose ATM Feb call, I would get in at around $2.25.

March ATM call gain: $3.93 - $3.18 = 24%
Feb ATM call gain: $3.02 - $2.25 = 34%

10% is counted as insurance fee.

From misc

ES reached target

still keep small long for ES 1304. Actually QQQQ is more easier to trade in this rally, it's positioned to test the high.

From misc

Tuesday, January 25, 2011

Market bounced from key support area

ES 1277 is the support. Still hold the longs bought down there.
Target is 1292-1295.

From misc

Sunday, January 23, 2011

David Einhom's Greenlight Capital 2010 year end notes


Greenlight-Q4-2010 -

Friday, January 21, 2011

EURUSD even number

EU came within few pips to 1.3600 then pull back to ema, that's a gift buy for 15 pips.
There are around 6 ticks difference between spot and future market.

Friday afternoon, it's hard to imagine that players wouldn't take out 1.3600 shorts stop.

MM target is 6E 1.3610 though.

From misc

Trade of the week

Limit buy at ema at 655.5, got out at MM target, 665.5
Equivalent of ES 10 points in 20 mins.

From misc

Thursday, January 20, 2011

Corn

it's set to test 671-672

From misc

EWP

It's setup to buy dip and test the downtrendline, even the last high.
Potential h&s as well, interesting.

From misc

Tuesday, January 18, 2011

EURUSD target

projection target is 1.35+

From misc

Sunday, January 16, 2011

ES target zone

probably as their new year resolution, TS charges additionally for SPX cash index.
I decide not to give them the satisfaction. Here is the ES reference chart.

From misc

SPX reached target zone

Weekly and monthly chart show it is on the way to 1450+

From misc

Sunday, January 9, 2011

ATML reached the target

reached on Fri, give a take.

From misc

Thursday, January 6, 2011

Pre NFP indecision

Market should close at around previous days' close.

From misc

Wednesday, January 5, 2011

IGT

profit taking zone

From misc

Tuesday, January 4, 2011

MM down to the target

reasonable swing long position opening area.
There is no pullback in up move.

Longed from 1259.25, closed at 1265.5

From misc

Monday, January 3, 2011

ATML

14 is a reasonable target.

From misc

Sunday, January 2, 2011