Now that WAS exciting I have to admit. The S&P hit R3 and executed my order at 21h57 my time (three minutes to the close of the NYSE cash session) while I was watching on a 5-minute chart. The Dow ALMOST made it but I closed it out manually at the same time as the S&P TP was executed…
Now THAT’S what I’m used to with this system. And two perfectly executed trades with some really decent profit to boot.
NASDAQ is still on a tear. For all I know it could hit its R2 before the Futures break in just under an hour. But even if it did RSI(2) would not be at or above 70 so trade stays open. But whatever the case: it closed above its 200-day SMA. The Dow just missed really.
Facebook made a semi-decent recovery. But no signal to TP. Also managed to close above its 200-day SMA (was flirting with it yesterday big time).
Hong Kong: unless somebody kicks off overnight or has nothing better to do than play with their Twitter machine there should be a real nice gap up when it opens a bit later.
Gold only up slightly and not enough to warrant me sticking around to scale-in another portion.
Both Oils also did nice today but no signals to TP.
So that’s about it for now.
Actually that’s not it. Just in case you think I’ve forgotten of course.
It may be worth mentioning that just about every single one of those trades that I closed out at BE on Friday would have closed out at profit today. I’m not spending the time tracing them through point by point. But so far as I can tell from a quick inspection: all of the trades on the EU indices would have closed out at profit today and that included Italy. FTSE too. Hong Kong would still be in a loss. Oil would still be in a loss (although this only because it’s tanked in the last half hour). And alright and so as to not skew things here: today profits on the S&P and the Dow would not have been as good BUT small profits nevertheless.
I state the above not because I’m crying over spilled milk i.e. I would never have been able to keep those positions open anyway as I had to withdraw as we know and, as result, had to reduce position sizes which I could not have done had I not closed the trades on Friday. However: I state the above as testament to the robustness of the system.
Anyway. I see the NASDAQ Futures still on a tear with only one minute to go until the close. No idea what happened to OIl though i.e. both tanked a few minutes ago. Nothing major. Just noticed though.
Today’s closed trades equate to 6.81% and with some floating profit currently not taken into account.