Trade Nbr. 68 - 2007

Long Aug 07 Crude Oil : Entered on July 11th- Closed on July 11th.

Long: 72.84 -- Initial Stop: 72.59 -- Sold : 72.64 -- Result: -0,80R

Bullish in Screen I - Pullback at value in Screen II - Entry Set-up 2 in Screen III - Sold as the market reversed hard...

Comments: Entry was taken as Screen I was showing an even bigger bearish divergence, I should really skip those signals..... Exit was good, I did a good job at reducing the loss

Trade Nbr. 67 - 2007

Short Sep 07 E-mini S&P: Entered on July 11th - Closed on July 11th.Short: 1525.25 -- Initial Stop: 1529.25 -- Stopped: 1528.50-- Result: -0,81R

Bearish in Screen I - Attractive value in Screen II -Entry Set-up in Screen III - Covered as the market reversed very hard.....

Comments : Another tough trade.... More of the same than previous SP trade of the day. This time set up 1 was confirmed in Screen III, but some heavy short-covering cancelled the signal...

Trade Nbr. 66 - 2007

Long Aug 07 Crude Oil : Entered on July 11th- Closed on July 11th.Long: 72.66 -- Initial Stop: 72.36 -- Sold : 72.78 -- Result: 0,40R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 2 in Screen III - Stopped by my trailing stop.

Comments: Good trade in tough markets !! Exit was good as the market reversed heavily afterwards...

Trade Nbr. 65 - 2007

Long Aug 07 Crude Oil : Entered on July 11th- Closed on July 11th.Long: 72.67 -- Initial Stop: 72.39 -- Sold : 72.53 -- Result: -0,50R

Bullish in Screen I - At value in Screen II - Entry Set-up 1 in Screen III - Stopped by my trailing stop.

Comments: Tough markets !! Exit was good, I did a good job at reducing the loss..

Trade Nbr. 64 - 2007

Short Sep 07 E-mini S&P: Entered on July 11th - Closed on July 11th.

Short: 1521.25 -- Initial Stop: 1525.00 -- Stopped: 1525.0-- Result: -1,00R

Bearish in Screen I - Pullback to value in Screen II - (uncompleted) Entry Set-up 2 in Screen III - Stopped out.

Comments : Tough trade. I entered as the bar was almost completed with a a set-up 2 but big buying kicked in right after my entry and reversed the market very fast, leaving no pullback to improve the exit.....

Trade Nbr. 63 - 2007

Long Aug 07 Crude Oil : Entered on July 10th- Closed on July 10th.

Long: 72.91 -- Initial Stop: 72.65 -- Sold : 72.75 -- Result: -0,62R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Stopped by my trailing stop.

Comments: The bearish divergence in Screen I was indicating that odds were slightly lower for the trend to continue. Exit was not very good, could have done a better job of reducing the loss..

Trade Nbr. 62 - 2007

Long Sep 07 Copper : Entered on June 29th - Closed on July 6th.Long: 3,4340 -- Initial Stop: 3,2890 -- Sold: 3,5760 -- Result: 0.98R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Sold on july 6th because of an acute food intoxication which did not allow me to follow the markets...

Comments: Good entry. Exit was (unfortunately) "forced" by my health condition....

Trade Nbr. 61 - 2007

Long Sep 07 Euro: Entered on June 29th - Closed on July 6th.Long: 1,3553 -- Initial Stop: 1,3415 -- Sold: 1.3653 -- Result: 0.72R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Sold on july 6th because of an acute food intoxication which did not allow me to follow the markets...

Comments: Good entry. Exit was (unfortunately) "forced" by my health condition....

Long Term Trading - Entries

I entered in 2 new Long-Term positions on Friday. They are both reported in this post.

Long Sep 07 Copper : Entered on June 29thLong: 3,4340 -- Initial Stop: 3,2890 -- Objective: 3.9870

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III


Long Sep 07 Euro: Entered on June 29thLong: 1,3553 -- Initial Stop: 1,3415 -- Objective: 1.3910

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III.

Trade Nbr. 60 - 2007

Long Aug 07 Crude Oil : Entered on June 27th - Closed on June 27th.

Long: 68.84 -- Initial Stop: 68.56 -- Sold : 69.08 -- Result: 0,86R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Stopped by my trailing stop.

Comments: The market was not willing to give more...... The initial stop was slightly too loose I could have increased my position size accordingly...

Trade Nbr. 59 - 2007

Long Sep 07 Wheat : Entered on June 27th - Closed on June 27th.

Long: 631 4/8 -- Initial Stop: 625 6/8 -- Sold : 630 4/8 -- Result: -0,18R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Stopped by my trailing stop.

Comments: Good exit !! Difficult market....

Trade Nbr. 58 - 2007

Short Sep 07 E-mini S&P: Entered on June 26th - Closed on June 26th.

Short: 1513.50 -- Initial Stop: 1518.50 -- Covered: 1507.50-- Result: 1,20R

Bearish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Covered as my trailing stop was hit.....

Comments : Frustrating trade... Still struggling with my exits !! My current trailing technique was not effective in this case but I will continue to apply it before drawing any conclusions as far as its efficiency is concerned....

Trade Nbr. 57 - 2007

Long July 07 Copper : Entered on June 20th - Closed on June 26th.

Long: 3,4270 -- Initial Stop: 3,2500 -- Sold : 3,3210 -- Result: -0,60R

Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Stopped by my trailing stop.

Comments: Good entry but Exit could have been improved somewhat....

Trade Nbr. 56 - 2007

Short Sep 07 E-mini S&P: Entered on June 22th - Closed on June 22th.

Short: 1527.00 -- Initial Stop: 1530.00 -- Covered: 1521.0-- Result: 2,0R

Bearish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Covered as the market reached my objective in Screen II (lower enveloppe).

Comments : Decent trade... After suffering the choppy market earlier in the session I got another signal to short it. Entry was good, stop-loss was much more favorable than the first trade of the day and exit was at my objective.... I should have trailed part of the position but the initial choppiness did not convince me that such a move would occur today....

Trade Nbr. 55 - 2007

Short Sep 07 E-mini S&P: Entered on June 22th - Closed on June 22th.

Short: 1527.25 -- Initial Stop: 1533.25 -- Covered: 1528.25-- Result: -0,16 R

Bearish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Covered as the market was reversing hard after printing a threatening tail in the previous candle.

Comments : Difficult trade... Very choppy market......