Tuesday, January 19, 2010

QM Stopped Out

Well like i said, that was going to be too tight, but after the loss this morning I wanted to make sure we got a small chunk back.  The bad fill did not help our cause.

Out at 78.750

Updating the tracker now.

Target #1 Hit

QM Target #1 Hit @ 78.900

Target #2 is @ 79.175

Move stop to breakeven @ 78.750

The stop is really tight, fingered crossed we move up quick.

QM Trade Triggered

Well I didn't get the best of fills.

Long 3 @ 78.750

QM Entry

Symbol: QM
Chart: 5m
Entry: Buy Stop @ 78.700
Stop: 78.425
Target 1: 78.900
Target 2: 79.175
Target 3: 79.625

Watching Crude

Looking at a long setup on the 5m for QM.  Keep an eye out.  Lets see if we can get a winner to end the day.

GC Stopped Out

Well not the start to the week we were looking for.

Stopped @ 1135.50

Loss of $960.00

Tracker will be up to date shortly.

GC Trade Triggered

Our sell stop just hit.  We are short 3 @ 1132.3

GC Trade Entry

Symbol: GC
Chart: 15m
Entry: Sell Stop @ 1132.2
Stop: 1135.6
Target 1: 1129.4
Target 2: 1124.9
Target 3: 1117.6

Watching Gold

I'm looking at a possible short setup taking shape on the 15m chart on GC.  Keep an eye on this.

Morning Update

Good morning.  I'm still waiting for todays Market Guidance info to come out.  When I get the report I will post it up.  Not seeing anything setting up just yet.  We'll see how the market reacts in the early going.