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Trader Desk Signals for 7/30/08 am up over 400% on margin for July

Trade Desk Signals 7/30/08

Crude Oil Sept future

The market closed us out of our Sept. Crude Position with a $1.50 profit at 123.00 as projected.

Basis one contract that would have been $1500 or 15% of margin capital

That put our Crude trades for this blog for July at 420 % of margin or $42,000 on $10,000 min. account. How that. It is all documented if you follow the blogs back.

Stock index futures,  SP

Up 30.5 handles (points) in Sp futures at 1280.50 (high trade equity)which I wanted to short term sell 1280 but didn't type it fast enough, so I will stay long for this message to 1295 target.  I think we have one more push to go higher.

There is a big profit on this position and it must go out positive. Move the stop up to 1262.00, this is the first blog trade.

No position on T- Notes

Richard

Let me know if you like the format.

This is what I am doing. I am posting this for my friends who call for trading ideas.  Do your own investigation, before you trade.

Visit: newhomesbyrichard.com

Subscribe to the blog if you like it. I will make changes to the positions as needed.

Trader's Desk Signals for 7/30/08
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Long Sept SP futures from 1250 - last 1262 up about 12. 00 points up about 13% of margin on the day. Long Sept Crude Oil from 121. 50 = last 121. 90 up. 40 cents about 4% of margin on day. Missed T-notes 10 year by 2 ticks and it also went up… more
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If you followed instructions, you are closing out the last part of the short crude contract now in the $124 range. That will be one contract again, over 100% gain in less then 2 days. We are up almost 400% in less then 2 weeks! Subscribe and… more