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.
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.
