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.
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.
Youtube uploading down again
Posted by Cire2222 on Apr 2, 2008
Youtube’s uploading is not available again tonight and im not sure when it will go back up, I did a video and will post it ASAP. For now Ill give you a quick run down. S&P is sitting right near resistance, if we gap down on the futures below 1365 then go with it the gap and short, If we open up flat you can take a long in an attempt to catch a breakout move past that trendline. Gold Had a little bounce today, I think if we get a move up tomorrow in the 915-920 area i would see it as a decent short entry. I think EUR/USD has topped for now, Any shorts taken here should have stops at the highs. USD/CAD is still range bound and I still think it is a long for now.
