Trades for 7/29/2010

Today's Forecast for ES(E-Mini S&P 500):

If market opens between yesterday's Close and Low(1102.50-1099.25) go long at open profit target 1102.50 and stop loss 5.5 points below entry.  


Tip: Adjust your stop loss according to pivot levels in Table - PS.

If market opens between yesterday's High and open(1111.50 - 1108.25)  then goes down and touches 1102.50 go short (Sell Limit) at 1104. Target 1099.75 Stop Loss at 1111.75

If market opens between yesterday's Close and Low(1102.50 - 1099.25)  then goes up and touches 1102.50 go long (Buy Limit) at 1101.50 Target 1104.25 Stop Loss at 1095.75








Table - PS  ES Pivot Levels:

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 this information is free of errors, including , program bugs, internet errors, communication errors, human errors, etc.   Trade at your own risk!

Since June 21, 2010 we have had 14 trades, 45 points win and 7.75 loss
Avg trades per week = 2.5, Avg win/trade = 2.6

Click General Information to learn more.

This forecast is based on analysis of data tables prepared by computer simulation and modeling every night based on more than 12 year of data.

Click here to see review of past trades.