Tuesday, May 02, 2006
Friday 4/28, Week ends with a Bang!
OK, have some catching up to do. Friday was not a bad day, but, oooh baby, it could have been a lot better! First trade of the day was a Globex long @ 1311.50. sigs were pointing up but ended up getting stopped out @ b/e. Then I had a long signal @ 1312.75 near the open (holp) and....and...I hesitated, didn't take it & didn't it run balls to the wall right up for a 7-8 point winner!!! OK, lesson learned again (10000th time). Take the frickin' holp/lohp signal & GO WITH IT. ahem, there, got that out of my system.
Next trade was an lohp sell @ 1319, went down to 1316, trailed the stop & exited @ 17 for 1 point winner.
The bonds were trapped in a tight range between 107 16 & 107 24 and entry did not fill. No bond trade today.
The last trade of the day was an holp long @ 15.25 around 3:26. Now I know what my trading plan says about entering new trades after 3:00. But, well, I felt good about the signal & went after it. The trade really didn't go too far & 3:52 was fast approaching. I analyzed the situation & decided to keep the trade right where it was. This is the last trading day of April & I had a similar trade on the last day of March that scored nicely. So, sure enought the es started climing after the cash market closed. I raised my stop to 14.24 along with it & exited at 17.25 as time expired for a respectable 2 point winner.
Totals on the day: 3 es points Real $$$.....not too bad, but coulda, shoulda, woulda been much better!
Next trade was an lohp sell @ 1319, went down to 1316, trailed the stop & exited @ 17 for 1 point winner.
The bonds were trapped in a tight range between 107 16 & 107 24 and entry did not fill. No bond trade today.
The last trade of the day was an holp long @ 15.25 around 3:26. Now I know what my trading plan says about entering new trades after 3:00. But, well, I felt good about the signal & went after it. The trade really didn't go too far & 3:52 was fast approaching. I analyzed the situation & decided to keep the trade right where it was. This is the last trading day of April & I had a similar trade on the last day of March that scored nicely. So, sure enought the es started climing after the cash market closed. I raised my stop to 14.24 along with it & exited at 17.25 as time expired for a respectable 2 point winner.
Totals on the day: 3 es points Real $$$.....not too bad, but coulda, shoulda, woulda been much better!
# posted by Trader X @ 4:07 PM 
