A new subscribers site has been launched. The new site address -
http://www.index-trade.com/
The main purpose is to have the current status of Swingit clear and shown to all.
I may share there my ideas concerning market conditions that not necessarily linked to Swingit signals.
Good trading
Saturday, February 28, 2009
New subscribers site
Posted by
indextrading
at
1:19 AM
0
comments
Sunday, February 15, 2009
Short closed
We entered a short trade on Monday , at 869.50 E-mini March S&P500 contract.
Right after the fill , the market began all his way down to a low at 806 area within days but then retraced sharply to 831 area on close.
I think this kind of behavior is NOT healthy for markets , to retrace from -2% to light positive area. It reflects that the buyers has no real power to move the index but to only 0.3% advance.
I waited for Friday to be a down day but that wasn't happened(Actually it did after market was closed , the future emini was about 8 points lower).
We closed the position with 39.75 points profit.
Good trading
Posted by
indextrading
at
4:21 AM
0
comments
Saturday, January 10, 2009
Another profitable closed trade
Tuseday , we went short at 930 E-mini S&P500 march future ( ESH9).
Since then the market began to undergo a correction. We closed the trade at 897.75 on Friday , leaving us 32.25 points profit to another high record of swingit.
The reason for exiting the position was identifying volatility couldn't handle to rise. Means something is fishy here and we don't want to leave money on the table.
Performance page is now updated.
Good trading
Posted by
indextrading
at
5:40 AM
0
comments