Mohan de 2003/08/15
8 mensagens
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Microsoft suporte nos 25.5
In the short term, the stock is choppy around 25.50. A daily close below 25.5
is likely to validate a bearish move to 24.5 and even 23.9 in extension. On the
contrary, if 25.50 confirms support, then 26.9/27 is surpassed, Microsoft could
shape a pullback to 27.80.
In the medium term, below 29.5 expect a continuation of the flat
consolidation.
Click here to see our chart: http://www.tradingcentral.com/chart/MSF ... 151602.GIF
Joao
is likely to validate a bearish move to 24.5 and even 23.9 in extension. On the
contrary, if 25.50 confirms support, then 26.9/27 is surpassed, Microsoft could
shape a pullback to 27.80.
In the medium term, below 29.5 expect a continuation of the flat
consolidation.
Click here to see our chart: http://www.tradingcentral.com/chart/MSF ... 151602.GIF
Joao
-
J Correia
a todos
É que o figas foi de férias e o free trial dele terminou. E mais nenhum de nós tem acesso ao report.
Acabei de receber o nichols, mas agora tenho mesmo que sair, não vou ter tempo de o postar, a não ser que o meta sem imagens...
Acabei de receber o nichols, mas agora tenho mesmo que sair, não vou ter tempo de o postar, a não ser que o meta sem imagens...
-
- Administrador Fórum
- Mensagens: 20972
- Registado: 25/10/2002 17:02
- Localização: Lisboa
Não tem que agradecer...
é a minha pequena contribuição para o forum...e como verifiquei que ainda não o tinham colocado fi-lo com o maior prazer...
Bem haja
BonVivant
Bem haja
BonVivant
- Mensagens: 197
- Registado: 10/11/2002 23:04
- Localização: Alentejo
Mohan de 2003/08/15
August 15, 2003
No Headline Call today due to Options Expiration Friday.
ESU03 S&P500 E-mini Futures
Friday, August 15, 2003
Prev Day - SP
Range: 12.30 Value Area
Range: 5.60 TCF Key Numbers for ES
993.25-992.25 Sell Pivot
High 991.80
991.00
Close 987.70
985.40
Open 985.30
980.75-981.75 Buy Pivot
Low 979.50
978.10 Pit Bull MA
Trade Setup Summary for Thursday, August 14, 2003:
Sell 986.25/ Cover for -2/4pt. loss (Sell B/O)
Recap of Thursday's Action:
Good Morning and Thank You for joining with us today.
I really appreciate very much the tremendous response we have had to our seminar coming up on October 4th on the Bay in San Diego, California. I promise you will be thrilled as we go deep into our studies of these TCF Trade setups and learn all the nuances of the trading day in view of our methods. We have some very special guests coming which we will announce soon. Look forward to meeting you in person. There is still room to reserve a space but please dig into the details right away if you are thinking of coming. You will make the cost of the seminar back right away from what you will learn.
Today is Option Expiration Friday and we do not make Headline Calls on these days or the FOMC Meeting days as you saw this week. There are a few other pre holiday trading days we also do not make Headline Calls on but they are spontaneous depending on the current face of the markets. The volume and the trade action is often distorted on these option expiration days so we try and avoid them. Sure, there are trade opportunities everyday in the markets but with our precision setups looking to capture 8-10 points it is just so much more practical to WAIT for those days when we have the pure volume, trader participation, and clear Market Force directions to Fade or follow.
We shorted the BreakOut on Thursday as per the regular Trading Handbook idea of shorting a B/O when it is NOT setting up for a bullish BreakOut. We had a fairly tame and neutral type High Five setup at the time of the B/O with NAZ flat, the Dow flat to lower and TRIN around .90-1.00.
Overall the market went NOWHERE today. The range after the intitial collapse off the open down to the big 980.00 suppport just flip flopped around after Breaking Out above 986.00 in a small tight 5 point range. Using Professional Patience we just held all day until the final hour when you had a chance to just scratch the trade with a few points loss. This is typical of Option Expiration type trading enviroment in the summer when there is no particular strong trend bias.
Our bias for Friday is early lower move that ends up with a weak day up similar to Thursday. We will be looking for some larger downside moves on Monday/Tuesday.
Today's Call & Briefing:
No Headline Call today therefore we do not recommend any TCF Trade Setups to watch for. We feel overall the market is currently consolidating and will be moving lower soon. For today we will stand aside which also may be a good idea in light of the blackout in New York and otber areas. This is not expected to be a major problem but there is some concern for the operation of the stock exchanges today. The possibility of glitches and odd price aberrations is stronger with this problem on the forefront.
Let's look to take the day off and get some extra time off or do some market research.
Value Area: 985.40 - 991.00
Solid support and resistance on both sides of this zone. Watch for market movements beyond either side for bias.
Buy Pivot Target: 980.75 - 981.75
No trade at this Target today.
Sell Pivot Target: 993.25 - 992.25
No trade at this target today.
10 Day "Pit Bull" Moving Average: 978.10
We are still in a CROSSOVER ALERT and will monitor price movement that closes in on this pivot again with the idea of moving below it and seeing the market return to a more bearish bias.
Pro Trader's Action
Good day to take off today with the Option Expiration and the New York City blackout. This was a rather flat week over all with a less than 20 point range for the whole week. We are up nicely on accumulated S&P500 handles for the month so when things get tight in the range and the market gets herky jerky with no real directional bias we just want to be on the lookout to hold on to our gains, use our TCF setups to trade and not concern about it. We are expecting the ranges to open up soon and most likely to the downside so we will prepare accordingly.
Have a great weekend and I will look forward to updating you late Sunday night with Monday's outlook for the trading action.
All the best to you and your family who support you in your trading business. Mohan
No Headline Call today due to Options Expiration Friday.
ESU03 S&P500 E-mini Futures
Friday, August 15, 2003
Prev Day - SP
Range: 12.30 Value Area
Range: 5.60 TCF Key Numbers for ES
993.25-992.25 Sell Pivot
High 991.80
991.00
Close 987.70
985.40
Open 985.30
980.75-981.75 Buy Pivot
Low 979.50
978.10 Pit Bull MA
Trade Setup Summary for Thursday, August 14, 2003:
Sell 986.25/ Cover for -2/4pt. loss (Sell B/O)
Recap of Thursday's Action:
Good Morning and Thank You for joining with us today.
I really appreciate very much the tremendous response we have had to our seminar coming up on October 4th on the Bay in San Diego, California. I promise you will be thrilled as we go deep into our studies of these TCF Trade setups and learn all the nuances of the trading day in view of our methods. We have some very special guests coming which we will announce soon. Look forward to meeting you in person. There is still room to reserve a space but please dig into the details right away if you are thinking of coming. You will make the cost of the seminar back right away from what you will learn.
Today is Option Expiration Friday and we do not make Headline Calls on these days or the FOMC Meeting days as you saw this week. There are a few other pre holiday trading days we also do not make Headline Calls on but they are spontaneous depending on the current face of the markets. The volume and the trade action is often distorted on these option expiration days so we try and avoid them. Sure, there are trade opportunities everyday in the markets but with our precision setups looking to capture 8-10 points it is just so much more practical to WAIT for those days when we have the pure volume, trader participation, and clear Market Force directions to Fade or follow.
We shorted the BreakOut on Thursday as per the regular Trading Handbook idea of shorting a B/O when it is NOT setting up for a bullish BreakOut. We had a fairly tame and neutral type High Five setup at the time of the B/O with NAZ flat, the Dow flat to lower and TRIN around .90-1.00.
Overall the market went NOWHERE today. The range after the intitial collapse off the open down to the big 980.00 suppport just flip flopped around after Breaking Out above 986.00 in a small tight 5 point range. Using Professional Patience we just held all day until the final hour when you had a chance to just scratch the trade with a few points loss. This is typical of Option Expiration type trading enviroment in the summer when there is no particular strong trend bias.
Our bias for Friday is early lower move that ends up with a weak day up similar to Thursday. We will be looking for some larger downside moves on Monday/Tuesday.
Today's Call & Briefing:
No Headline Call today therefore we do not recommend any TCF Trade Setups to watch for. We feel overall the market is currently consolidating and will be moving lower soon. For today we will stand aside which also may be a good idea in light of the blackout in New York and otber areas. This is not expected to be a major problem but there is some concern for the operation of the stock exchanges today. The possibility of glitches and odd price aberrations is stronger with this problem on the forefront.
Let's look to take the day off and get some extra time off or do some market research.
Value Area: 985.40 - 991.00
Solid support and resistance on both sides of this zone. Watch for market movements beyond either side for bias.
Buy Pivot Target: 980.75 - 981.75
No trade at this Target today.
Sell Pivot Target: 993.25 - 992.25
No trade at this target today.
10 Day "Pit Bull" Moving Average: 978.10
We are still in a CROSSOVER ALERT and will monitor price movement that closes in on this pivot again with the idea of moving below it and seeing the market return to a more bearish bias.
Pro Trader's Action
Good day to take off today with the Option Expiration and the New York City blackout. This was a rather flat week over all with a less than 20 point range for the whole week. We are up nicely on accumulated S&P500 handles for the month so when things get tight in the range and the market gets herky jerky with no real directional bias we just want to be on the lookout to hold on to our gains, use our TCF setups to trade and not concern about it. We are expecting the ranges to open up soon and most likely to the downside so we will prepare accordingly.
Have a great weekend and I will look forward to updating you late Sunday night with Monday's outlook for the trading action.
All the best to you and your family who support you in your trading business. Mohan
- Mensagens: 197
- Registado: 10/11/2002 23:04
- Localização: Alentejo
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