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
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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.
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