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Friday, July 27, 2012

20120727-3

ES
Open:
Long 1 @ 1380.00. 5m SSC, $TICK has been above zero all day, haven't had a good pull back to enter, decided to go in at around -400 $TICK after a big squeeze higher.

Close:
Sell 1 @ 1380.25. Was eager to get out after taking some heat and a slow moving market. Should've stayed in, $TICK looked good, still not quite comfortable taking this kind of trades. 1 tick profit, 8 ticks heat.

1 contract $12.50 gross, $6.18 net.
For the day $262.50 gross, $225.14 net.



20120727-2

6B
Open:
1st: Long 1 @ 1.5718. 5m TC20, ready to add in 3-4 contracts at 15m TC18 13 ticks below.
2nd: Long 2 @ 1.5707. 15m TC18, decided to add in 2 contracts because the back up 30m TC18 was only 10 ticks away and ready to add in 4 contracts.

Close:
Target moved to +5 after taking 9 ticks heat prior to addin. 
1st: Sell 2 @ 1.5717. First target hit, not heat, second target moved down 1 tick to +5 from this exit. 
2nd: Sell 1 @ 1.5722. Second target hit. Should've trailed this one.

3 contracts $150 gross, $128.28 net.

20120727-1

ES
Open: 
Long 1 @ 1354.50. 60m TC18, ready to add in 5-6 contracts at 2h TC18 20 ticks below.

Close:
Sell 1 @ 1356.50. Target hit, 7 ticks heat.

1 contract $100 gross, $93.68 net.