Archive for October 15th, 2007

15th October – Daily S&P EOD system results & comments

Morning all, Remember my last post regarding the EOD S&P system where I mentioned that the system reported a sell signal with a target at 1547. The previous close price was 1561 so I thought that this figure was a bit too far away considering that the market was quite high. Early this morning, I did in fact sold the S&P and the market did infact fall. I took profit when I made 6 points (24 equivalent S&P prices). I felt rather proud of myself and then the market fell further

October 15, 2007 No Comments Full Story

Huge sell off – S&P emini trading update – 15th October

Huge sell off - S&P emini trading update - 15th October

The S&P emini sold off big time today! Funnily enough the EOD system which I am testing had a short from Friday and was targetting 1546.. I thought this was miles away but spookily enough, it did sell heavily and made target! I sold out half way though.. I should have followed the system.. but a profit is a profit! Anyway, when I got home today, the market had already sold off a bit too much already. However, in the 5 min charts, I saw that the market retraced to the 5 day MA and I though

October 15, 2007 No Comments Full Story