Monday, August 16, 2010

Yesterday Summary: +8 points for Sp ($400/contract)

Good evening,

We’ve started the week for the Sp in the same place we ended last week, even though the market in August has low volume and tendency.  
                
Today, we executed 7 Sp trades, 6 positive and 1 negative, for a gain of 8 points or $400 per contract.  For the quarter, we have 47 positive trades versus 3 negative ones for a gain of 66.75 points or $3,337.50 per contract.  


There was no signal for the Dax trade this morning as the opening gap was smaller than necessary to generate an operation.  With regard to forex, this morning we experienced a bit of bad luck for the Gbp/Usd short.  We came within 2 pips of the 50 pip target only to have the price rebound and hit the stop.

Regards,

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