25% more off CL at 84.2

+ 140 ticks on this one

riding remaining 25%

Half out CL at 84.81

shorted CL 85.6

From now on I will continue to post my trades at www.tradeforthegoal.com   blog only.
SL AT 86.2
GL

Covered CL at 84.02

 

 

stopped NQ AT 2140

+29.5 handles on this one

half out CL at 83.21

remains 25% in

shorted CL 50% at 84

 SL 84.3

25% more off NQ at 2160

+ 50 handles on this one

riding remaining 25%

25% more off NQ at 2145

+35 pts on this batch 

25% NQ off at 2126

+16 pts

added 50% NQ longs at 2110.5

 

 

long NQ 2110 50%

 

 

Covered remaining CL at 82

Entry and stop 

covered all NQ 2143

25% x 19pts
50% x 49 pts

Original entry

25% off at NQ 2136.5 for a quick 12.5 pts

remains 75% in

Covered GS AT 159.4 -

ENTRY

Although it was profitable it was a Very very very bad trade guys, sorry about that :(

Reinstated 50% NQ longs at 2124

EDIT: 

FWIW , SL for CL remains at 80.50  

GO BUUUUULLS :)

Half out NQ AT 2137

position mgmt


25% x 47.25 pts
25% x 4pts

edit: shifted stops at 2117

Covered 50% CL at 82.82

that was SOME ride uh?  1.82 pts ( 182 ticks)



remains 25% in,

covered remaining INTC AT 20.97

bad bad trade :(

reinstated 25% long at NQ 2133

took 25% off CL at 81.54

Long CL 80.93 VST

Mental stop at  80.50,

Covered last 25% batch at 2100 for a quick 10 pointer

letting the rest ride

Reinstated 25% NQ long at 2089.75

stopped from remaining CL position at 81.64 ;(

25% off at NQ 2107.25

25% off at NQ 2107.25

 

Position management

 

25% off CL at 82.9

long NQ at 2093.75

hedge for previous short positions,

Re entered long CL at 82.11

will set the stop level soon

long CL 82.2

EDIT : stops now set at 81.92

covered 82.94

Edit:
Sorry, I had to cover short after opening it cause it was not the right time.

bot 50% CL - 82.4

Enjoying your holiday little bulls ? -

More heat to come for ya IMO ,

Wish bulls have a nice holiday :) - muhahahha

english lyrics

Covered CL at 85.4 - timed out

Entry 

covered DX longs at 78.24

Entry 

50% long CL at 84.74

covered SPY NOV 119 p, at 1.09

covered USO at 36.53

small loss on this trade

aggressive traders may be interested in buying CL at 84.88 for a nice vst run :)

EDIT . SL NEAR 84. 25
I AM NOT TAKING IT, IS JUST AN IDEA


FWIW I AM STILL SHORT USO FROM 36 AND PLANING TO COVER AS SOON AS I GET SIGNAL

covered remaining position of CL at 86.3

ENTRY 

VST traders should cover most CL shorts at 86.5 - 86.7

and as stated several hours ago, bulls were hidden at 1200 area :

When in doubt, go back to basics :)

Basics: what cannot be improved



These guys performed this way when there was little or no models to copy, in front of cold TV cameras and without audience to warm it up. I know 1000 bands which cannot perform 1 / 100th of this even in front of 30k ppl, Why?. Cuz DP was not copying, just enjoying creating their own stuff.  Why shouldn't we all ? 


Couldn't resist adding this one: hear it from 3:20 min time  mark: pure live recording,   not a single special FX,  just white light and RNR. This performance took place 37 years ago and I can assure it will kick ass to 90% of current bands. Learn young music stars, learn.....

half out CL at 87.81 - timing out

Edit: 
time bound forced me but this time the rule was respected, is all okis , tho the first target was 86.86, next ( but not last)  85

Be extremely careful with shorts around 1200 area on ES, the bull is not dead yet and will be hidden around there

Shorted remaining 50% CL at 88.11

edited: stops set at 88.77

shorted CL 50% position at 87.96

I will cry all night

I exited CSCO yesterday as I stated RT, in order to keep account balance within risk parameters but broke one key rule: never exit a position if a stop or limit order was not hit. I broke it and now I am paying for it: I had a great setup and I spoiled it...

:(


     
05:49 PM Eastern Standard Time, 11/10/2010 (MidnightTrader) --
 Cisco (CSCO) tumbled lower in after-hours trade after beating Q1 estimates but also issuing a weak Q2 sales outlook.

CSCO dropped to a negative range of 24.12 to 23.29 through the first-half of night trade. Sellers surged into the issue in the mid-session and second-half, hammering the stock south from 23.36 to a late low of 20.97. Evening indications would suggest CSCO records a potential pre-market open Thursday near the 21 mark. The stock demonstrates a mixed session-to-session performance on earnings announcements, posting wider next-day closing levels following 15 out of its last 29 extended-hours earnings events. In the near-term, the stock has moved to favoring a reversal trend, cutting back or narrowing its earnings-driven after-hours moves in the next day's regular session in 10 of the last 12 quarters. Looking deeper into the performance data, we noted earlier today that shorts should be interested to know that CSCO has seen a negative post-bell earnings-driven trade in 17 of the 29 quarters we've tracked, and in 11 of those downside evening moves the stock has followed that trade with a more aggressive negative run in the next day's regular session. The stock's tendency to add to evening downside moves, combined with some rather aggressive sell momentum in the shares tonight would have us looking at a potential short play on the issue tomorrow. Early shorts may want to peg potential entry points at 22 to 21.50, an area that set up as an early second-half top. More risk tolerant shorts may want to bring the entry down to 21.40 to 21.20 in anticipation of the stock starting the day below or near these levels and perhaps making another move south toward 21 or below.
Price: 21.22, Change: -3.27, Percent Change: -13.3
(C) 2010 MidnightTrader, Inc. All rights reserved.  



What was the right trade here? shorting 24.3 as I did or just trusting  this crap will make everyone rich at  the stock market?.
Probably this is just an isolated event but many times one small group of stocks carve the path for the rest of the market to follow.... if this is the case with CSCO, are you prepared?

It is possible we will revisit 1225 area soon but my mssg is: Do you have a  plan in case we don't ?


GL

Covered half DX at 77.64

Exited CSCO at 24.3

Twice!!

Insanity: doing the same thing over and over again and expecting different results. 
Albert Einstein 




After reaching 10% UE rate, losing a high % of popularity, and more evidently, lot of political power after recent elections these guys bring us the same solution that accelerated this problem... 
In addition to that, they admit the sole objective is to boost equities prices....what about FED's main objective which is job posts creation??? oh , it doesn't matter, stock market prices is all that matters...... We will see...

more....

keep on dancing guys, keep on dancing... just be aware if music suddenly stops....

source: 

LONG DX AT 74.85 after being stopped overnight at 76.0 for a loss

now 100% invested

shorted CSCO AT 24.3

Bot SPY Nov 119 puts at 1.41

shorted USO at 36