Wrap Up

Ok that's going to be it for today.  Looks like everything is consolidating and retracing a bit.  My data provider is working on the issues with my guidance report.  I hope to have this resloved for tomorrow.

Here are our P&L totals after today's small gain.

Ex-1 = $2586.00 (+25.86%)

Ex-2 = $2622.50 (+26.23%)

QM Canceled

I'm taking this off.  This downtrend feels like it could be running out of steam and the dollar looks like it could have a pull back.  We will wait for a better setup.  We got a small chunk out of it and i don't want to get caught if everything is about to change direction.


Here are the internals with the dollar in the bottom right corner.

QM Entry

Symbol: QM
Chart: 5m
Entry: Sell Stop @ 77.525
Stop: 77.950
Target 1: 77.350
Target 2: 77.150
Target 3: 76.725

QM Stopped Out

Well like I said, 1st target and then stopped is very common.  Nice little gain and we will look to short it again if we get another entry.  Keep it on your screen.

QM Target #1 Hit

We just hit our 1st target.  Out  @ 77.350.  Let's see if we can get some more downside pressure.

2nd target is 77.000

ove your stop to breakeven @ 77.600

QM Short Triggered

Our sell stop was hit.  We are short 3 @ 77.600

1st Target is 77.350
Stop is 78.025

QM Entry

Symbol: QM
Chart: 5m
Entry: Sell Stop @ 77.600
Stop: 78.025
Target 1: 77.350
Target 2: 77.000
Target 3: 76.425

Watching Crude

Possible short coming in to play on the 5m chart.

Nat Gas Update

I'm getting entries for QG but the ROI is just not there so I'm going to pass on this one.

Watching Nat Gas

Still no update, trying to resolve this with my data provider.  Looking at a short on Nat Gas (QG) on the 5m.  Keep an eye on this.

Morning Update

I'm still having problems with my morning report.  Waiting to get an update in the next 30mins.  So far no setups as of yet.  Market is down, we'll see wich way we go from here.  Watch your internals.