I got today off so I went out for some shopping and then got back around 3pm for some trading. I made a series of trades..

My first trade was a long at 134525 with a target of 134775. The market did go up but didn’t hit my target before it started to retrace. I got out with a +2 profit before it tanked. The days movement was down day so in effect, I should have concentrated on short trades only.

Then I went short at 134450 with a limit at 134175. The 5 min stochastics had peaked so it looked like a good move… it hit my target for +11. It did go further so I left some on the table.

I shorted again at 133950 with a tight stop at 134100.. it hit my stop for -6, went two more prices and tanked… it would have hit my target so this was a bit disappointing…

 Another short at 133800 with a target of 133550. I took profit early though at 133600 for +8

In total, +15!!

Ok, have a good weekend.

The markets were looking to head upwards and I put on a long at 136850 with a limit at 137050. It hit target for +9 but then shot up even more to 137400… darn, I left a lot on the table!

The second trade was a short as I saw that the market had made a top from the candlestick patterns. The stochastics were looking to cross also. This short was at 137225. It hit my stop for -7 though when the market made a final push a little higher just shy of 137500 and tanked. You can see in the stochastics how the first one could have been the top.. just unlucky I guess!

Anyway, I ended up with +2…  at least it wasn’t a loss!

Typical, I go back to the simulator and make profits!

I went long at 137775 with a target of 138000 and stop at 137550 and took 9 prices. The 5 mins stochastics were on their way up and the 15 min chart stochastics was oversold and I expected some movement up soon.

Then I went long when the market went above the previous swing high at 138025 with a target of 138300. However, I took profits manually at 138100 for 3 prices.

Total was 12 prices for the day