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Hi All,
Hope you all are well. The futures market continued to fall since Friday and opened lower. However, today, the market rallied. There were a few opportunities as I got back tonight.
I bought as the market retraced and bounced off the 5 day MA at 151050. I was holding out for a target of 151450 but it didn't make it with the swing and I ended up with a scratch trade. I had moved the stop to entry as the market had moved upwards, at one stage I was +11 up on this trade.. nevermind.
October 22, 2007
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Unfortunately, the market crashed today and I ended up losing on the S&P EOD trade. I have capped my losses at 10 points so I ended up taking that hit!
Oh well, win some you lose some.. we're still winning 5 out of 7 trades!
October 19, 2007
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The system is issuing a buy at close with a target of 1544 today. My stop is 10 points away and I got in at 1538.
Lets see if it's another winner!
My previous post I mentioned that I had manually closed for a +10 profit. If I had left the trade running, I would still be up by 1 point!
Ok, fingers crossed for another winner!
October 18, 2007
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