Wednesday, January 18, 2012

Futures Trades + 2.5 = +$125

1/18/2012:

Trades:

  • 6:16:35 am: +1287.25 / 6:29:05am -1288.00 = +.75 (rsi play)
  • 7:22:57 am +1297.50 / 7:28:26am - 1297.25 = -.25 (squeeze play)
  • 7:31:07 am -1297.50 /  8:19:58am - 1295.50 = +2.0 (rsi Play)
1st trade: Wanted to take some profit because options portfolio down (Out too soon before 10 point move up.)
2nd trade: Was using a 5 min squeeze play which had me go long at the top, once in it, i didn't like it so I got back out for minimal loss.
3rd Trade: 5 min and 15 min rsi overbought and seemed to be coming off resistance at 1297.50. It came down to 1295.50 at 7:50 and started to hang around break even point. Once it came back down to 1295.50 I got out figuring it would bounce again from there which seems to be happening. See Below:



*still working on patience

2 comments:

  1. Golden cross yesterday
    Think it may have a run?

    ReplyDelete
  2. Maybe, I'm more concerned with options expiration this Friday. Think above the 1300 would be max pain for most.

    ReplyDelete