SI 2nd Target Hit!

We just hit the 2nd target and are out at 17.365.

3rd target for the Ex-2 traders is at 17.220 and keep your stop at 17.525

Tracker will be up to date soon.

SI 1st Target Hit!

WOW!  What a struggle.  At $25 a tick per contract I still hold my breath a little with silver.  When we missed the 1st target by 1 tick just after 1pm cst I was a bit upset to say the least.  But we hung in there taking in a nice profit.  The market looks set to sell into the close and the metals should follow it.  The Dollar has seen an uptick heading into the close as well so lets see if we can get the next target.

2nd Target is @ 17.370

Move stop to breakeven @ 17.525

SI Triggered

We are short 3 @ 17.525

Target 17.460

Stop 17.615

SI Short Entry

Symbol: SI
Chart: 5m
Entry: Sell Stop @ 17.530
Stop: 17.615
Target 1: 17.460
Target 2: 17.340
Target 3: 16.9220

SI Canceled

Sliver moved up so we are looking for a different entry.

SI Short Entry

Symbol: SI
Chart: 5m
Entry: Sell Stop @ 17.455
Stop: 17.560
Target 1: 17.360
Target 2: 17.190
Target 3: 16.915

Watching Silver & Crude

Both look like possible shorts coming in on the 5m.  Keep an eye.

Bout that time.....

Just about sandwich time out on the east coast.  Everything is in free fall.  So until we get some kind of new setups we will sit out and just watch the carnage.  Follow your internals if you plan to trade.

P&L Update

ES trade totals:

Ex-1 = $466.50

Ex-2 = $989.50


Total P&L

Ex-1 = $3052.50 (+30.53%)

Ex-2 = $3612.00 (+36.12%)

ES 3rd Target!

Out @ 1121.75

Wow, what a sell off!!!


They are still selling.  JP Morgan coming in as a seller now.

ES Update

Swiss bank just sold a massive 1000 contract lot.

ES 2nd target hit!

Out @ 1128.25

3rd target is 1122.00

Keep stop @ breakeven.

Nice little runner we got here!

ES 1st Target Hit

Ok, now we got it.

Out @ 1132.00

2nd Target is 1128.25

Move stop to breakeven @ 1134.00


Local makers in the S&P pit are currently stuck long from up above.  We've had reatil paper coming in with big sell orders!  A big stop was hit of 300 cars.

ES Update

One of my accounts hit target #1 but the other did not fill so I'm going to continue to track this as no targets hit yet.

ES Short Entry

Symbol: ES


Chart: 15m

Entry: Sell Stop 1134

Stop: 1138.50

Target 1: 1132

Target 2: 1128.50

Target 3: 1122

Morning Update

Good morning everyone.  Still no news from my data provider so looks like another day without our guidance update.  Early morning im looking at shorts on the financials, shorts on the metals and maybe a long in nat gas.  Let's try and finish the week strong.

Philly Fed report is out at 9am cst.