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

FREE Book Offer from Markus Heitkoetter of Rockwell Trading: "The Complete Guide to Day Trading." Go to http://rockwelltrading.com/ and press "START HERE."

Good Trades Everyone,

David AKA Tiger

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

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

Tuesday Day Trading: Short Crude Oil for $1200 on every 2 Contracts

Click on chart for more comments on the Crude Oil (CL) market trade.

Good Trades,

David AKA Tiger

Monday Day Trading: Short ES Trade for $525 for every 2 Contracts

Click on chart for comments on the ES Market trade.

Good Trades,

David AKA Tiger

Tuesday Day Trading: ZB 1st Bar Spike Reversal $750 on 2 Contracts

Nice opening trade in the bonds this morning. This trade went for $750 for every 2 contracts traded today.

Good Trades,

David AKA Tiger

Trade of the Week Video: Trading Crude Oil for $2,500 on Wed April 8th, 2009

Thursday Day Trading: Euro FX (G6E) Short Trade for $1,125 on 2 Contracts

Nice trade this morning in the EURO FX.

Have a very nice Easter break.

Good Trades,

David AKA Tiger

Wednesday Day Trading: Trading Crude Oil for $2,500 today trading 2 Contracts!

Today was simply a beautiful day to trade the Crude Oil market on both sides. We had a long trade today that earned $1,400.00 trading 2 contracts.

To follow up the long trade, then later in the day we have a short trade develop that we we're able to capture another $1,100.00 trading 2 contacts.

Today the Crude Oil Market was a very friendly market for us to trade in my live day trading chat room. If you don't know by now, there is still currently at the time of this post on April 8th, 2009, a free trial being offered for a trading week at: www.RockwellTrading.com

I look forward to seeing you in the live trading chat room soon.


Good Trades,

David AKA Tiger

Tuesday Day Trading: ZB Long Breakout Trade

Click on chart for comments on the ZB (30 year Treasury) Trade.

Good Trades,

David AKA Tiger

P.S. Check out the Live Day Trading Chat Room at: www.RockwellTrading.com at the time of this post you can get access for a trading week for free.

Where do we GO from here? 878.50 to 939.50 to 1039.50???

Please click on chart above for a much larger view of this chart.

Do you know that you can join for FREE in my live day trading chat room for a week now?

Visit: Rockwell Live Day Tradng Rooms for more details.

You will find me in trading room #3: Trading with the Tiger


Good Trades,

David AKA Tiger

Trade of the Week: Thursday, April 2nd, ZB Short Trade for $500 on 2 Contracts

Trade of the Week: April 2nd, 2009 30 Year (ZB) Market

• 30 Year Treasury (ZB) trade above is an example of a Short THRUST Bar entry with very nice supporting volume.

• This ZB trade earned $250.00 per every contract traded, or for every 2 contracts the trade earned $500.00.

• ZB market, if you would like to replay it for yourself, then use the ZB1 setting with your Rockwell Trade Navigator. The time of the trade was after 11:00 AM Eastern time.

• We had 8 trades on the week: 4 winners, 1 breakeven, and 3 non-winning trades.

• Breakdown: ES 3 trades, ZB 1 trade, G6E 2 trades, GC 2 trades, and CL 0 trades.

• Overall we ended with a very nice profit on the week trading 2 contracts.

• We had 4 morning trading sessions this week from 8:20AM Eastern to 11:30AM Eastern, and no afternoon trading session from 1:30PM Eastern to 4:00PM Eastern.


Good Trades,

David “Tiger” Knight

Wednesday Day Trading: Gold Trade not taken

Hello Traders,

Here is an example of looking to go long in Gold, but by placing a buy stop order above the market, you can save yourself some grief on occasion.

Market orders are ok in certain instances, but I would challenge you to consider other forms of placing an entry. By placing a buy order at 934.1 this morning, the market never reached this point allowing you to cancel the open order and conserve your account on a market that wasn't operating the way you would like it to behave.

Food for thought ...

Good Trades,

David AKA Tiger

Trading with the Tiger Weekly Wrap Up

Trading with the Tiger Weekly Wrap Up: Live Day Trading Chat Room

Trade of the Week: March 25th, 2009 EURO FX (G6E) Market

• Euro FX (G6E) trade above is an example of a long THRUST Bar entry with very nice supporting volume.

• This G6E trade earned $375.00 per every contract traded, or for every 2 contracts the trade earned $750.00.

• G6E market, if you would like to replay it for yourself, then use the G6E setting with your Rockwell Trade Navigator. The time of the trade was at 10:00 AM Eastern time.

• This trade was a very quick lightening fast one to get in and profit from.

• We had 5 trades on the week: 1 winner, 2 breakeven, and 2 non-winning trades.

• Breakdown: ES 0 trades, ZB 0 trades, G6E 3 trades, GC 1 trade, and CL 1 trade.

• Overall we ended with a profit on the week trading 2 contracts.

• We only traded on Wednesday and Thursday this week, because I was out of town.

• We had 2 morning trading sessions this week from 8:20AM Eastern to 11:30AM Eastern, and no afternoon trading session from 1:30PM Eastern to 4:00PM Eastern.


Good Trades,

David “Tiger” Knight

Geithner: 'Quite Open' to Idea of Global Currency

Geithner: 'Quite Open' to Idea of Global Currency
March 25, 2009 10:34 AM ET James Pethokoukis Permanent Link Print
Treasury Secretary Tim Geithner says he is "quite open" to a massive reduction in the economic power and influence of the United States.

O.K, what Geithner actually said earlier today is that he is "quite open" to China's idea of a global currency system linked to the International Monetary Fund's Strategic Drawing Rights. But it might be pretty much the same thing since the whole point of the embryonic idea is to lessen the influence of the dollar. More from Geithner: "As I understand it, it's a proposal designed to increase the use of the IMF's Special Drawing Rights. I am actually quite open to that suggestion ...[though it should bee seen as an] evolutionary building on the current architecture rather than moving us to a global monetary union."