2018 Monthly Recap

March 2018 total: 12.00

Thursday March 1st: 

Tuesday March 6th: Shorts in play on a break below 2726 after the open. Sell 2725.50 for +1. More conservative, sell 2826 for +1 and +2. Sidelines for a while till ES decided which way it wanted to go with a much weaker Dow in place. ES joined the YM trading below 2717 for additional shorts 2717.50 for +1 and +2 and selling 2719.50 for +1 and +2. Recommended trade total for the morning: +4

Monday March 5th: A break above 2676.75 at the open puts longs in play. 7:45 buy 2680.75 for +1 and+2. A break of 2675.50 triggers shorts however strong sup is right below. Sell 2678 for +1. Back above 2684 is for buying. At 8:50 buy 2686.50 for +1 and +2. Recommended trade total for the morning: +3

Friday March 2nd: ES broke lower right at the open below 2653 triggering shorts against 2655 for +1 and +2. ES tested 2660 and back below 2655 puts shorts back on the table. At 8:20 sell 2654 for +1 and +2. At 8:50 back above 2660 triggers longs. Buy 2662 for +1 and +2. Recommended trade total for the morning: +3

Thursday March 1st: A break below 2713 at the open puts shorts in play. Sell 2707 for +1 and +2. Back above 2707 is for buying. At 8:15 buy 2707 for +1 and +2. Recommended trade total for the morning: +2

____________________________________________________________________________________________________

February 2018 Total: 18.00

Wednesday February 28th: ES broke lower right at the open but not shorts were triggered. Back above 2758.75 put longs back in play. 2756.50 best entry for longs at 8:15 for +1 and +2. No follow through above 2760. ES broke lower again with little chance to get in till 9:10 at 2749 but tough to get filled. Next opportunity 9:20 short 2746.50 for +1 and +2. A no follow through. ES tested 2748 area and broke again below 2743. Sell 2744 at 9:40 for +1 and +2. Recommended trade total for the morning: +3

Tuesday February 27th: Buying 2782 after the open on a break above2782 for +1 and +2 and our 2784.50 target. Below 2781 shorts triggered. Sell 2779.75 at 8:05 for +1. Back above 2784.75 longs again at 8:20, buy 2784 for +1 and +2. Recommended trade total for the morning: +3

Tuesday February 20th:
Longs off of 2724.50 after the open and a break of 2723. At 8:00 buy 2724.50 for +1 and +2. A break of 2721.50 triggers shorts. Sell 2722 at 8:45 for +1. Back above 2427.75 put longs back in play. At 9:20 buy 2724.75 for +1 and +2. Recommended trade total for the morning: +3

Monday February 19th: ES broke lower at the open below 2733.25 triggering shorts. Sell 2732 for +1 and +2. A further break of 2729.50 = more selling. At 8:25 short 2725 for +1 and +2. Recommended trade total for the morning: +2

Mon Feb 12th – Fri Feb 16th  – No Trading due to market volatility.

Tues Feb 6th – Fri Feb 9th – No Trading due to market volatility.

Monday February 5th: A break below 2743 after testing 2746 at the open is for selling. Sell 2742 for +1 and +2. ES moved back above 2743 but no longs yet. Above 2746.25 longs are triggered but no chance to get in till 8:40 off of 2754 for +1 and +2. Market is getting more volatile than we have seen in a while. Recommended trade total for the morning: +2

Friday February 2nd: A move below 2803.50 at the open = sell 2804.50 for a test of 2800.25 for +1 and +2. 2800.25 broken = sell 2799.50 for +1 and +2 and our 2795 target. A bound from 2790 = sell 2796 for +1 and +2.   Recommended trade total for the morning: +3

Thursday February 1st: At 7:45 buy 2818.50 for +1. A break above 2823.25 = buy 2822 for +1. Recommended trade total for the morning: +2

___________________________________________________________________________________________________________

January 2018 Total:  50.50

Wednesday January 31st: Volatility still up this morning and FOMC later today. Above 2836 at the open is for buying. Buy 2825.75 for +1 and no follow through. Below 2833.50 shorts are in play. Sell 2833.50 for +1. Range bound scenario for now. A break of 2829.50 will be breakout. At 8:45 ES broke 2829.50. Sell 2829.50 for +1 and +2. Recommended trade total for the morning: +3

Tuesday January 30th: Volatility is up. At the open ES went straight up then straight back down. Short 2829 on a break of 2828.75 for +1 and +2 and our 2925.50 target hit. ES did not pullback to our 31.25 entry so another downside breakout on a trade below 2826 is in play, sell 2827 for a move to test 2822.50. +1 and +2. Our next target is 2818.75, sell a bounce to 2824 back to our 2825.50 target area for +1 and +2. Recommended trade total for the morning: +3

Monday January 29th: Longs triggered on a break above 2867.50. At 7:55 buy 2868 for +1. A break below 2861.50 triggers shorts. At 9:00 sell 2860 for +1 and +2.    Recommended trade total for the morning: +2

Friday January 26th: ES range bound and quiet coming in to the open with lower volume. Taking quick profits till the range break is recommended. Shorts triggered after the open on a break of 2849. Sell 2849.25 for +1. Above 2850 is for buying. Buy 2851 for +.75. At 8:50 buy 2854 for +.75. ES bounced around testing lower support. At 9:30 back above 2854 long again 2854 for +1.    Recommended trade total for the morning: +3.5

Thursday January 25rd: ES broke 2846 key support after the open. Short 2846 for +1 and +2. A break of 2840 = secondary shorts. Sell 2840 for +1 and +2.    Recommended trade potential total for the morning: +2

Wednesday January 24th: Long 2847.25 after a bounce from 2846 for +1 and +2. ES high enough, no more buying. A break below 2850.50 starts the move lower but need 2848.50 to break. At 9:15 ES broke below 2848.50. First shorts 2844 at 9:25 for +1 and +2. A further break of 2840 = secondary shorts. At 9:45 short 2838.75 for +1.    Total trade potential for the morning: +3

Tuesday January 23rd: Longs in play right at the open buying 2834.25 for +1 and +2. 7:55 secondary longs 2939.50. Will scalp for a test of 2840 and look for more conservative entry. +.50. 8:00 Long 2836 and stopped for -2. 8:05 short 2835.50 after the bounce from 2832 for +1 and +2. Secondary shorts 2838 for +1. Above 2839 is for buying at 8:45 for +1 and +2.    Total trade potential for the morning: +1.5

Monday January 22nd: ES moved higher from the open with few opportunities to get in. At 8:35 first opp, buy 2820 for +1. More conservative is to wait for 2818. At 9:00 2818 tested with 2820/2821 target. High of move 2820.75 for +1 and +2.  Total trade potential for the morning: +2

Friday January 19th: A break above 2805 is for buying. At 7:45 buy 2805.50 for +1. A break below 2805 triggers shorts. at 8:10 Short 280.4 for +1. Above 2805 is back to buying, at 8:30 buy 2805 for +1.  Total trade potential for the morning: +3

Thursday January 18th: A break above 2803.50 triggers longs. Buy 2803. Took some heat but our target of 2805 hit. +1. Below 2801.50 is for selling. At 8:25 Sell 2800.50 for +1 and +2. A further break of 2798.50 = additional selling. Sell 2799.75. Buyers came in too strong. Exit BE. Last chance for sellers 2801 at 8:45 for +1. ES broke to the upside but YM did not. Any buying is aggressive. Buy 2801. Stopped out for -2. Right back to shorts. Sell 2799 for +1. Secondary shorts at 2800 for +1 and +2.  Total trade potential for the morning: +3

Wednesday January 17th: Shorts in play on a break below 2791. First chance to sell, 2786.50 at 7:40. +1 and +2. Next selling opp at 2785 at 7:55 for +1 and +2.  Total trade potential for the morning: +2

Tuesday January 16th: A break of 2802 after the open triggers longs. ES went straight up. Waiting for a test of 2804 for buying. At 8:10 2804 tested, buy 2804.25/50 for +1. A break below 2804 triggers shorts. ES broke even harder putting 2800 shorts in play. at 8:50 sell 2799.75 for +1 and +2. Total trade potential for the morning: +2

Monday January 15th: US Holiday Martin Luther King

Friday January 12th: Buying 2771 at the open for +1 and +2. Secondary longs on a break of 2774, Buy 2774.75 for +1 and +2. On hold till ES breaks resistance. At 9:15 buy 2780 for +1.  Total trade potential for the morning: +3

Thursday January 11th: Longs after the open on a move back above 2754.50 for +1 and +2. Secondary longs 2756. ES pulled back much deeper below 2756, exit BE. Above 2756.75 triggers longs again. Buy 2757 for +1 and +2. Above 2758 = additional longs. Buy 2758.50 for +1. Total trade potential for the morning: +3

Wednesday January 10th: Shorts after the open on a break of 2842.50. Sell 2741 for +1. Above 2743 longs are in play. Buy 2744 for +1 and +2.  Total trade potential for the morning: +2

Tuesday January 9th: Short 2750.75  at 8:00. Strong buying above 2749 Exit BE. Above 2752 is for buying. Long 2752.50 for +1. Below 2751 triggers shorts. Sell 2780.25 at 8:50 for +1 and +2.  Total trade potential for the morning: +2

Monday January 8th: Shorts below 2739.50 at 7:45. Strong buying at 2739. Exit BE. Below 2740 at 8:10, sell 2739.50. Again strong buying. Out -.5. At 9:15 a close above 2742 = more buying. Buy 2741.50 for +1 and +2. Total trade potential for the morning: +.5

Friday January 5th: ES broke to the downside after the open with sell zone 2730.50 to 2731.00. Shorts 2730.50 for +1 and +2. ES stayed in a small range till 8:25 breaking 2729.50. Sell 27.30 for +1. Back above 2732.50 is for buying. Buy zone 2733 to 2732.50 for +1. Total trade potential for the morning: +3

Thursday January 4th: Buy 2720 on a break of 2719.75 after the open for +1 and +2. Secondary longs on a break of 2726.25 for our 2728.75 target for +1 and +2. Total trade potential for the morning: +2

Wednesday January 3rd: Buy 2698.50 after breaking 2698. +1 and +2. Market is strong and not much in the way of secondary longs available. At 8:25 buy 2706 on a breakout for a test of 2708.75. High of the move 2708.50, for +1 and +2. One more chance for longs off of 2705.50 at 9:00 for +1. Total trade potential for the morning: +3

Tuesday January 2nd: First day back from the holidays to start the New Year. Shorts triggered on a break o f 2684.50. Short 2685.25 for +1. No follow through. Above 2688 is for buying. At 8:35 buy 2691 for +1. A little too early. Wait for a test of 2688 area. ES wasted no time testing 2688. Buy 2688.50 for +1 and +2. Total trade potential for the morning: +2