Best Trade of the Week August 7 2008: ES $700 Trade

Video of the Week: Working Man by RUSH

Thursday Day Trading: ES Short Trade

This was a trade for patience. My first entry was breakeven plus 2 tics. My thought process was the bond auction made a nice move up, but the stock market had not adjusted to the bond movement. My bias was on the short side in the afternoon.

My second entry was at 1276. 1/2 of contracts off at 1273 and 2/2 contracts off at 1265. Total on trade was $700 per every 2 contracts traded.

This was a very nice late movement day in the ES market, and I once again informed my subscribers about this trade ahead of time. Although, in my email I am more conservative, than my actual trading. In other words, being aggressive is not for everyone, but I did let everyone know what I was looking for in the downward move today via email.

Good Trades,

David AKA Tiger

P.S. This will do it for my week trading. I will pick a trade from this week and make a video of it tomorrow. Good Trading everyone!

Thursday Day Trading: G6E $1600 Trade!

G6E never got close to the greenline today, until late in the day. Click on chart for comments on trade. This trade came off the ECB Press Conference at 8:30AM Eastern Time. My entry was at 8:45AM Eastern time.

1/2 off for $250 per contract
2/2 off for $1412.50 per contract
Total $1,662.50 per every 2 contracts traded.

Good Trades,

David AKA Tiger

Good Trades,

David AKA Tiger

Thursday Day Trading: ZB Long Trade

Trade in the bond market long at 8:35AM Eastern, all off at target. For every 2 contracts today was $375.

This trade came off the ECB Press conference and unemployment claims at 8:30AM. Nice trade, but even better trade in the G6E today!

David AKA Tiger

Wednesday Day Trading: ES Long Trade

Nice trade in the ES today that was looking which hit target at 1289. The greenline was stopped out on the last contract. 3 contracts today, 2 off at 1289, 1 off at 1287.25. Entry was at 1286 at 2:30PM.

Volume Green, Close above yesterday's high. This was a nice trade for $362.50 for 3 contracts. was looking for an ADR target of 1296.25 today that was not hit.

Good Trades,

David AKA Tiger

P.S. Nice trades today in ES and ZB earlier today! Remember to sign up for live updates on my trading. Today I told the list about the bond trade.

Wednesday Day Trading: ZB Short goes to ADR

Nice trade today in the bond market. 1/2 off at 114^26, remaining contracts off at 114^11. This was a total of $843.75 for every 2 contracts traded today.

My thought process was close below low, green volume, and bonds had not adjusted from the FOMC movement and the stock movement. This was a trade I held to target just above the ADR line, or Average Daily Range.

This was also a trade I updated my subscribers this morning and if they took the trade, then they made a decent amount of money this morning.


Good Trades,

David AKA Tiger

Tuesday Day Trading: ES Nice Chart

Nice move after the FOMC Meeting today ... 4 points on this trade or $200 per contract traded. In other words, for every two contracts this trade was worth $400.

Good Trades,

David AKA Tiger