Trades for 7/27/2010

IMPORTANT NOTICE: Futures trading has large potential risk . You must be aware of the risks and be willing to accept them in order to invest in the futures markets. This is neither a solicitation nor an offer to Buy/Sell futures. No representation is being made that any account is likely to achieve similar results. The past performance is not necessarily indicative of future results. There is no guarantee that the following information are free of errors, including , program bugs, internet errors, communication errors, human errors, etc.   Trade at your own risk!
100% Winning Trades Since June 21, 2010!
We have had 12 trades, 45 points win and no loss
Avg trades per week = 2.5, Avg win/trade = 3.75
Click General Information to learn more.
 The following forecast is based on analysis of data tables prepared by computer simulation and modeling every night based on more than 12 year of data.
Forecast for 7/27/2010:
Before Gap
If market opens between yesterday's high and close(1111.75-1109.50) go short at open profit target 1109.50 and stop loss 6 points above entry.  

If market opens between yesterday's close and open (1109.50 1100.75) go long at open profit target 1109.50 and stop loss 6 points below entry.








After Gap
If market opens above yesterday's high (1111.75) then goes down, go short at 1109.50.

If market opens below yesterday's low(1097.75) then goes high, go long at 1109.50.
In both cases profit target is 4 points and stop loss is 6 points.








Table - PS  ES pivot points:























Review 7/26/2010:
Forecast:
Before Gap
Condition = Market opens in highlighted  areas..
Type = Very Aggressive
Entry = Opening price
Direction = Long 
Target= 1101
Stop = 10.25 Points

After Gap




Condition = Market opens in highlighted  areas and the gap closes.
Type = High Probability
Entry = 1101 
Direction = In the direction of closing the gap
Target = 4 Points
Stop = 10.25 Points






Review:
Before Gap
The market opened at 1100.75 only one tick below the target.  It was not worth trading it.
After Gap
We had after gap trades for openings above high and below the low.  Since the market opened between the open and close of the prior day, no trade was triggered.

Copyright © Ali Mohseni 2010 Charts are created using Tradestation software.




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