Market Recap July 28, 2009
Felton Trading Daily Market Recap
07-28-09 Felton Trading Hypothetical Trading Results. All times are CST.
Note:The trades listed below indicate the hypothetical result of taking signals that occurred on various time and tick charts in Emini markets specified below.
The recap is not intended to represent a trading strategy nor is it intended to represent anyone’s actual trading results. It does not allow for the ability to move stops or scale out of a trade. It serves solely as a tool to evaluate the potential profitability of the momentum confirmed (red) signals and may include some that were not recommended in the Trading Room commentary. All trades must be considered to be taken in order to completely remove all chance of subjectivity.
All signals listed below are to be considered for educational purposes only. Students should review these on their own charts and determine their potential based on their training.
The following results were derived from the unoptimized ES 600 tick chart using OttO (ver. B4). Only signals that were confirmed by the enhanced momentum indicator (red arrows) were considered. The hypothetical signals below used a 2 point stop and 3 point target.
|
BS
|
Time
|
Type
|
Comments
|
+'/'-
|
Totals
|
|
B
|
830
|
ED
|
Ref: 700 Hit target at 838
|
3.0
|
3.0
|
|
B
|
832
|
ST
|
Ref: 829 Hit target at 840
|
3.0
|
6.0
|
|
S
|
900
|
BD
|
Ref: 852 Hit target at 901
|
3.0
|
9.0
|
|
B
|
909
|
ST
|
Ref: 904 Stopped out at 913
|
-3.0
|
6.0
|
|
B
|
1045
|
ST
|
Ref: 1035 Hit target at 1138
|
3.0
|
9.0
|
|
B
|
1058
|
ST
|
Ref: 1051 Reversed out at 1143
|
0.0
|
9.0
|
|
S
|
1143
|
ST
|
Ref: 1116 Stopped out at 1226
|
-3.0
|
6.0
|
|
S
|
1234
|
ST
|
Ref: 1226 Reversed out at 1254
|
-1.5
|
4.5
|
|
S
|
1253
|
BD
|
Ref: 1230 Reversed out at 1254
|
-1.25
|
3.25
|
|
B
|
1254
|
ST
|
Ref: 1248 Hit target at 1310
|
3.0
|
6.25
|
|
S
|
1329
|
BD
|
Ref: 1314 Stopped out at 1330
|
-2.5
|
3.75
|
|
S
|
1409
|
HD
|
Ref: 1354 Reversed out at 1412
|
-0.25
|
3.5
|
|
B
|
1412
|
ST
|
Ref: 1403 Hit target at 1444
|
3.0
|
6.5
|
|
B
|
1420
|
BD
|
Ref: 1401 Hit target at 1444
|
3.0
|
9.5
|
|
B
|
1432
|
ST
|
Ref: 1423 Hit target at 1447
|
3.0
|
12.5
|
|
B
|
1456
|
HD
|
Ref: 1442 Reversed out at 1458
|
-0.5
|
12.0
|
|
S
|
1458
|
ST
|
Ref: 1448 End of Day at 1502
|
-0.25
|
11.75
|
|
S
|
1500
|
BD
|
Ref: 1449 End of Day at 1502
|
-0.25
|
11.5
|
Total Points This Day..............................................................11.5
DISCLAIMER: The risk of loss trading commodities, futures, or equities can be substantial. Commodity Trading (and all trading in general) has large potential risks, in addition to any potential rewards. You must be aware of the risks and be willing to accept them in order to invest in the futures, commodities, or equities markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy or sell commodity, futures, options or equity interests. The use or placement of any stop-loss or stop-limit orders may not limit your losses and you could lose more than your intended amount of money at risk. Past Performance of any trading system or methodology is not indicative of future results. Any and all systems, methodology, or pattern discussed within or in any of the product materials are for illustrative purposes only and are not to be construed as specific advisory recommendations. This material and any opinions are for education purposes only. Hypothetical performance results have certain limitations. Hypothetical results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any account will or is likely to achieve profits or losses from the data hereby presented. There are other factors related to the futures and commodity markets in general or to the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
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