Crude Oil Short at Major Support Today

Click on image of the trade for a larger picture of the Crude Oil trade taken today.

This one was all set to make us $1,400 on every 2 contracts traded today, but the retracement took us out at our 1st contract exit today for a total on the trade of $800.00 on every 2 contracts traded.

All trades were discussed in our live trading chat room prior to the movement. We look forward to seeing you in the trading room soon!

www.KnightCapitalManagement.com

Good Trading,

David "Tiger" Knight

P.S. I will be sending out an email update, and a blog post tomorrow being Friday to update on the progress of our trading projects, and overall trading. So if you are not a subscriber, then please find time to subscribe soon.

Gold is Glittering again on the Short Side

Click on chart for a larger image of the Gold Trade (GC) taken today. Although, we were only able to take away $1,000 on every 2 Contracts traded. This was an awesome short trade to stay in all the way back down to the $1,000 Gold mark today.

Good Trading,

David "Tiger" Knight

eMini S&P Daily Trade Update (Reentry)

One week early, but the reentry trade on the 5 minute or the 15 minute time frame after the FOMC announcement gave an excellent opportunity to put this trade in the ES back on this week.

2/3rds of the contracts are now off at 28 points a piece or an exit at 1045.5 for $1,400.00 on every contract.

The last third is set to be removed currently on the retest at 1001.50 going for the 1000 mark in the eMini S&P. This can be reached quickly so keep your eyes on this trade. Our stop on the last contract is one point below our entry of 1073.5 or at 1072.5.

Good Trading,

David "Tiger" Knight

FOMC RED REPORT Trade in ZN

Click on image of chart for a larger view of the trading opportunity in the ZN today.

Good Trading,

David "Tiger" Knight

Stop HIT on ES trade at 1067.00

Our ES short seasonal trade was stopped out at 1067 on Tuesday's trading. This was a breakeven trade.

David "Tiger" Knight

eMini S&P Daily Trade Update

eMini S&P 500 (ES) moved down to 1054 in premarket trading on Monday morning. This is my breakeven point on all contracts. I have moved all of the contracts to breakeven now or to 1068 give or take a tic for commission costs now.

Good Trading,

David "Tiger" Knight