Gold stop moved again
Posted by Cire2222 on May 29, 2008
Now that the day is over and gold has taken a beating I want to take our stop down another 10 points to 881.00 to lock in more gains. If it continues to waterfall down we will lock in more. I will update you on any changes.
Key Pivot play GOLD update
Posted by Cire2222 on May 29, 2008
Well gold is down another $20 this morning. I want to step in and tighen our stop to 891.00 to lock in profits on this play. Worst we can do on our second contract now is walk away with a gain of $2600 for a total gain of $3500. Anything extra from here is a bonus.
Key pivot update
Posted by Cire2222 on May 28, 2008
Well we got stopped on our final NQ contract. The first contract was a gain of $660 and the second a gain of $180. I would of liked to catch a bigger move but the nasdaq happened to be the strongest of the big 3 indicies. We still walk away from the trade winners!
on our Gold trade we still have the second contract open, I want to move the stop down on gold to 925, the worst we can do on this trade is break even. Second target is still open, I see some things happening with the YEN that could cause the dollar to rally hard and gold to fall fast, We don’t want to limit ourselves on gains.
USD/YEN chart
NQ and Gold key pivot play updates
Posted by MC on May 27, 2008
Cire is out and about so I’m gonna run a quick update for him.
On the NQ play, we’re moving the remaining stop to 1 tick above high of today.
Remember this is a free trade so if you’re stop’s in you can’t screw it up period. 
Gold as you know was almost stopped out, but thanks to Cires laser guided stop you made $. Target 1 was hit, we’re leaving the stop on the 2nd half where it is until further notice.
Cire’s key pivot play’s update
Posted by Cire2222 on May 27, 2008
After this mornings pre-market movement I want to update you on both of the open Key pivot plays. The Nasdaq futures play still has the second contract open. I want to move the stop to our entry @ 2008 and let the second contract ride for free, After today the stop may move down to lock in more profit but for now I feel its best to attempt to catch a bigger move.
In our gold trade we came about $5 from getting stopped out, then gold reversed and came down this morning to hit our first target of 909.00, doesn’t that feel great? The stop remains in place, I will update you on any changes.
Gold key pivot play #2
Posted by Cire2222 on May 22, 2008
We got another key pivot play in gold. Act fast because we are trading right near the trigger. The trigger is at 917.00 right now we are 917.50. If you can get in at a better price go for it! I am keeping the first target really tight because of bullish signals in Euro and the monster rally in Oil.
Entry: 617.00
stop: 936.00
1st target: 909.00
2nd target: open
NQ key pivot play update
Posted by MC on May 21, 2008
Cire is out celebrating the kill from his call in TB chat shorting the market 
So I’ll relay a quick message. On the NQ key pivot play the first target was hit.
Keep the stop where it is on second contract until further notice.
Great stuff coming from the TB camp, keep up the kick ass work guys.
So close to a Key Pivot on S&P
Posted by Cire2222 on May 19, 2008
Okay, today was a wild day no doubt. The S&P was just a couple ticks from the trigger for a key pivot play. However it did NOT give us a set up so I won’t start the S&P portfolio. The set up is ready in the nasdaq market. I will not track the nasdaq market and don’t plan on using this set up on the nas but I thought it would be fun to set up a play since the s&p got so close to a set-up. So in the Nasdaq futures This is the play I want to set up for tomorrow:
Entry trigger - Short on a move to 2008.00
Stop Loss- 2055.00
First target - 1975
second target - Open
Key Pivot play (Gold) update
Posted by Cire2222 on May 15, 2008
Our first key pivot play in the gold market was completed today. Last night we moved our stop down to lock in profits, our original stop has not yet been hit but so far it seems that moving the stop down was the right idea. Gold had a strong day today and took out our second contract for a gain of $700 to make a total profit of $1700 for the trade. That puts the Gold Key Pivot play portfolio at $21,700. Stay tuned for more Key pivot plays, I think there may be a set up soon in the S&P market and we can kick off the S&P portfolio.
Key pivot play update (Gold)
Posted by Cire2222 on May 14, 2008
Gold fell again today but with much less conviction. Looking at some other markets related to gold I feel there could be a bounce and I want to lock in profits on our second contract by moving our stop down. The stop is now at 871.50. If the selling continues tomorrow we will collect more profits, If not we have locked in $700 on the second contract. I will keep you posted on changes.
