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Thursday, August 9, 2012

20120809-3

6E
Open:
1st: Short 1 @ 1.2317. 15m TC20, ready to add in 3 contracts at 30m TC18 11 ticks above. Didn't have a standing order because the EMAs were coming down too close, but it had a bit of a whoosh up and poked through the 20EMA, got in limit at market.

Came up to 1 tick from add in, pulled the add in order and ready to add in at 60m TC18 currently 25 ticks above. A 15m Squeeze going on too.

Close:
Had a nice push down, put a target at +20 ticks, 7 ticks above swing low.
Cover 1 @ 1.2297. Target hit, 10 ticks heat. Would've stayed longer in the trade if I didn't plan to leave the house, 15m is in a squeeze.

1 contract $250 gross, $241.76 net.
For the day -$437.50 gross, -$498.58 net.

20120809-2

6B
Open:
1st: Long 1 @ 1.5668. 5m Squeeze inside of a 60m Squeeze firing off, ready to add in at 60 18EMA 8 ticks below. No target. 
2nd: Long 1 @ 1.5660. 60m TC18, taking 1 off 10 ticks from average price, ready to add in 2 contracts at 60m 35EMA 12 ticks below. 
3rd: Long 2 @ 1.5648. 60m TC35, last add in, targets 2 contracts at 10 ticks from average, 20 ticks stop loss.

Close:
Moved the first target to +5 ticks from break-even after 5 ticks from being stopped out. Second target 10 ticks above that.
1st: Sell 2 @ 1.5661. First target hit, 7 ticks heat after last add in, 5 ticks to stop loss.
2nd: Sell 2 @ 1.5636. Stopped out on the rest. Lucky that I moved the first target down to +5.

4 contracts -$187.50 gross, -$220.46 net.



20120809-1

GC
Open:
1st: Long 1 @ 1619.0. 5m Squeeze LoM inside of a 60m Squeeze, good trend, ready to add in if it goes lower, last add in point 60m 20EMA 20 ticks below. No target.
2nd: Long 1 @ 1617.0. 60m 18EMA. 25 ticks stop loss from average price, 15 ticks target, 5 ticks below swing high, may change it to 10 ticks.

Close:
Moved target to +10 after taking 16 ticks heat. 
Sell 2 @ 1615.5. Stopped out. 

2 contract -$500 gross, -$519.88 net.

New rule for LoM trades, B Wave must be above 0.