Saturday, May 9, 2009

Long Spike Reversal at Major Resistance for $600 on every 2 contracts

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Good Trades Everyone,

David AKA Tiger

Wednesday, May 6, 2009

Wednesday Day Trading: ES Spike Reversal Long $600 on every 2 contracts

Click on chart for comments on the ES Market trade. This long set up happened after the lunch period on rumor of the bank news leak (stress test) better than expected.

We were able to take advantage of this trade and readjusted the profit target down from 919 to 917 exit on the second contract. All in all, a very nice setup and trade today. The spike reversal came at Major Resistance inside a trading range.

This trade earned $600 on every 2 contracts traded today.

Good Trades,

David AKA Tiger

Tuesday, May 5, 2009

Monday Day Trading: ES Long Trade $725 for every 2 Contracts

Click on chart for comments on the ES market trade. This trade had a nice open above the previous day's high (major resistance) and went on the reach the Upper Average Daily Range within the morning trading session.

Once again, this trade earneed $725 for every two contracts traded.

Good Trades,

David AKA Tiger