Tuesday, January 29, 2013

A Fundamental Shift



Thursday, Jan 31 - 7:28am est Update :

Open Position : SHORT @ 1505.75 ,  1503

Third Target Objective : 1492.25 < has been filled for another + 13.50 pts

Total GAIN Profits : + 31.50 pts

Jaguar Trader

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3:54pm est Update : 

Next Target was filled at 1495.50 < S1 > for another easy profits of + 10.25 . The current total GAIN is now + 18 Pts, next target below  : 1491

Setup for this Short Swing Trade :

               T T T  Sell Short Day
               Last Trading Day of the Month-Sell Day
               MACD Double Bearish Divergence
               R S I ( 2 ) Extreme Reading
               VIX Count Reversal
               Weekly Channel Resistance
               Transport Avrg Index Breakdown
               Too Many Bulls in StockTwits
               Proprietary Oscillator Overbought

Looks like ' FibFreak ' ( novice ) Dr ' SupremeTrades ' were the only ones that sold this morning in StockTwits. Congratulations is in order for an accurate read on price action.

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3:16pm est Update : Short @ 1505.75 < highest of multiple entries >Target at 1496.75 hit and booked as predicted at 10:11am today

" Given sustained rally, seeing many suckered into old how much farther can it go mentality & stubbornly shorting. Don't " FT71 < WRONG !

10:11am est > $ES_F < Will go to 1496.75 < Key Support

8:30am est > booked profits : + 7.75 pts Short @ 1505.75

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6:02am est SOLD again 1505.75 at Key Level : 1506

4:14pm est > SOLD 1505.75 second lot

1:39 pm est > SOLD 1503

12:49 pm est > Will exit Intraday  Long  and reverse > Will SELL 1503 < Now trading at 1501.75

1 comment:

  1. waiting for a trend update from master jaguar, thx for the twitter post. tired of the chop. unless it works in my favor of course:) nice play this am

    ReplyDelete