Please find yesterday's autobot trades under this update:
The anticipated weakness today manifested in trade entries:
1) Short FXI from $45.30. Stop is fixed at $45.80. On tag of $43.91 move stop to entry (b/e). Target to cover for November 13 is $42.85.
2) LONG SDS from $36.92. Stop is fixed at $36.09. On tag of 38.80 move stop to entry. Target for November 14 is $39.82.
3) Short RTH from $93.58. Stop is fixed at $95.09 a change due to early morning high. On tag of $92.04 move stop to entry (b/e).
November 12: Nasdaq 100 Index: The autobot indicates that a move under 1773.8 in the Nasdaq 100 cash market (NDX) should be shorted (in the index itself or in related instruments, e.g. QQQQ) with a target of 1723. Once the index reaches this level, your stop should be moved to breakeven and partial profits taken, with a final target at 1711. A stop loss should be placed one tick over this today’s morning high 1793.54 or QQQQ Sell on break of 43.61, if filled place stop @ 44.15. Target 1 is 42.55, where stop should go to b/e. Target 2 is 42.15.
Retail Index: The retail index is at significant long term resistance. Take a look at weekly chart, and price reached the long term trend line drawn across the tops from last April. Happily, the autobot spit out potential trade for tomorrow.
RTH: Sell Short $93.58 stop. If filled place buy stop $95.02. Initial target is $89.84 where stop should go to break even. Target 2 is $80.72 as of today but will be adjusted over time.
China:
FXI: Sell Short $45.30 stop. If filled place buy stop $45.80. On a tag of $43.85 move buy stop to entry. Target is $42.68.
SDS: Buy $36.92 stop. If filled place sell stop $36.09. Target is $41.48.
These trade parameters are for trade Thursday November 11.
These equity ETF's have reached long term resistance levels. The software's logic predicts a reversion to price and volitility mean of the individual equities. Entries should not occur if market intends to truly break out and start another trending leg.
We'll see what happens. I will post some charts of the softwares graphics if trades are triggered, and when I can figure out the method.
November 11: Nasdaq 100 Index: The autobot indicates that a move under 1773.8 in the Nasdaq 100 cash market (NDX) should be shorted (in the index itself or in related instruments, e.g. QQQQ) with a target of 1723. Once the index reaches this level, your stop should be moved to breakeven and partial profits taken, with a final target at 1711. A stop loss should be placed one tick over this today’s morning high 1793.54 or QQQQ Sell on break of 43.61, if filled place stop @ 44.15. Target 1 is 42.55, where stop should go to b/e. Target 2 is 42.15.
Retail Index: The retail index is at significant long term resistance. Take a look at weekly chart, and price reached the long term trend line drawn across the tops from last April. Happily, the autobot spit out potential trade for tomorrow.
RTH: Sell Short $93.58 stop. If filled place buy stop $95.02. Initial target is $89.84 where stop should go to break even. Target 2 is $80.72 as of today but will be adjusted over time.
China:
FXI: Sell Short $45.30 stop. If filled place buy stop $45.80. On a tag of $43.85 move buy stop to entry. Target is $42.68.
SDS: Buy $36.92 stop. If filled place sell stop $36.09. Target is $41.48.
These trade parameters are for trade Thursday November 11.
These equity ETF's have reached long term resistance levels. The software's logic predicts a reversion to price and volitility mean of the individual equities. Entries should not occur if market intends to truly break out and start another trending leg.
We'll see what happens. I will post some charts of the softwares graphics if trades are triggered, and when I can figure out the method.
November 11: Nasdaq 100 Index: The autobot indicates that a move under 1773.8 in the Nasdaq 100 cash market (NDX) should be shorted (in the index itself or in related instruments, e.g. QQQQ) with a target of 1723. Once the index reaches this level, your stop should be moved to breakeven and partial profits taken, with a final target at 1711. A stop loss should be placed one tick over this today’s morning high 1793.54 or QQQQ Sell on break of 43.61, if filled place stop @ 44.15. Target 1 is 42.55, where stop should go to b/e. Target 2 is 42.15.
Retail Index: The retail index is at significant long term resistance. Take a look at weekly chart, and price reached the long term trend line drawn across the tops from last April. Happily, the autobot spit out potential trade for tomorrow.
RTH: Sell Short $93.58 stop. If filled place buy stop $95.02. Initial target is $89.84 where stop should go to break even. Target 2 is $80.72 as of today but will be adjusted over time.
China:
FXI: Sell Short $45.30 stop. If filled place buy stop $45.80. On a tag of $43.85 move buy stop to entry. Target is $42.68.
SDS: Buy $36.92 stop. If filled place sell stop $36.09. Target is $41.48.
These trade parameters are for trade Thursday November 11.
These equity ETF's have reached long term resistance levels. The software's logic predicts a reversion to price and volitility mean of the individual equities. Entries should not occur if market intends to truly break out and start another trending leg.
We'll see what happens. I will post some charts of the softwares graphics if trades are triggered, and when I can figure out the method.
Trade Updates
Started by
autobot
, Nov 12 2009 03:52 PM
1 reply to this topic
#1
Posted 12 November 2009 - 03:52 PM
#2
Posted 12 November 2009 - 04:09 PM
ADDED 1 Trade from yesterday's post which filled (4)
Please find yesterday's autobot trades under this update:
The anticipated weakness today manifested in trade entries:
1) Short FXI from $45.30. Stop is fixed at $45.80. On tag of $43.91 move stop to entry (b/e). Target to cover for November 13 is $42.85.
2) LONG SDS from $36.92. Stop is fixed at $36.09. On tag of 38.80 move stop to entry. Target for November 14 is $39.82.
3) Short RTH from $93.58. Stop is fixed at $95.09 a change due to early morning high. On tag of $92.04 move stop to entry (b/e).
4) Short QQQQ from $43.60. Stop is fixed at $44.17. a change due to early a.m high. Target for November 13 is $42.26.
Targets are dynamic and will be update tommorow.
November 12: Nasdaq 100 Index: The autobot indicates that a move under 1773.8 in the Nasdaq 100 cash market (NDX) should be shorted (in the index itself or in related instruments, e.g. QQQQ) with a target of 1723. Once the index reaches this level, your stop should be moved to breakeven and partial profits taken, with a final target at 1711. A stop loss should be placed one tick over this today’s morning high 1793.54 or QQQQ Sell on break of 43.61, if filled place stop @ 44.15. Target 1 is 42.55, where stop should go to b/e. Target 2 is 42.15.
Retail Index: The retail index is at significant long term resistance. Take a look at weekly chart, and price reached the long term trend line drawn across the tops from last April. Happily, the autobot spit out potential trade for tomorrow.
RTH: Sell Short $93.58 stop. If filled place buy stop $95.02. Initial target is $89.84 where stop should go to break even. Target 2 is $80.72 as of today but will be adjusted over time.
China:
FXI: Sell Short $45.30 stop. If filled place buy stop $45.80. On a tag of $43.85 move buy stop to entry. Target is $42.68.
SDS: Buy $36.92 stop. If filled place sell stop $36.09. Target is $41.48.
These trade parameters are for trade Thursday November 11.
These equity ETF's have reached long term resistance levels. The software's logic predicts a reversion to price and volitility mean of the individual equities. Entries should not occur if market intends to truly break out and start another trending leg.
We'll see what happens. I will post some charts of the softwares graphics if trades are triggered, and when I can figure out the method.
November 11: Nasdaq 100 Index: The autobot indicates that a move under 1773.8 in the Nasdaq 100 cash market (NDX) should be shorted (in the index itself or in related instruments, e.g. QQQQ) with a target of 1723. Once the index reaches this level, your stop should be moved to breakeven and partial profits taken, with a final target at 1711. A stop loss should be placed one tick over this today’s morning high 1793.54 or QQQQ Sell on break of 43.61, if filled place stop @ 44.15. Target 1 is 42.55, where stop should go to b/e. Target 2 is 42.15.
Retail Index: The retail index is at significant long term resistance. Take a look at weekly chart, and price reached the long term trend line drawn across the tops from last April. Happily, the autobot spit out potential trade for tomorrow.
RTH: Sell Short $93.58 stop. If filled place buy stop $95.02. Initial target is $89.84 where stop should go to break even. Target 2 is $80.72 as of today but will be adjusted over time.
China:
FXI: Sell Short $45.30 stop. If filled place buy stop $45.80. On a tag of $43.85 move buy stop to entry. Target is $42.68.
SDS: Buy $36.92 stop. If filled place sell stop $36.09. Target is $41.48.
These trade parameters are for trade Thursday November 11.
These equity ETF's have reached long term resistance levels. The software's logic predicts a reversion to price and volitility mean of the individual equities. Entries should not occur if market intends to truly break out and start another trending leg.
We'll see what happens. I will post some charts of the softwares graphics if trades are triggered, and when I can figure out the method.
November 11: Nasdaq 100 Index: The autobot indicates that a move under 1773.8 in the Nasdaq 100 cash market (NDX) should be shorted (in the index itself or in related instruments, e.g. QQQQ) with a target of 1723. Once the index reaches this level, your stop should be moved to breakeven and partial profits taken, with a final target at 1711. A stop loss should be placed one tick over this today’s morning high 1793.54 or QQQQ Sell on break of 43.61, if filled place stop @ 44.15. Target 1 is 42.55, where stop should go to b/e. Target 2 is 42.15.
Retail Index: The retail index is at significant long term resistance. Take a look at weekly chart, and price reached the long term trend line drawn across the tops from last April. Happily, the autobot spit out potential trade for tomorrow.
RTH: Sell Short $93.58 stop. If filled place buy stop $95.02. Initial target is $89.84 where stop should go to break even. Target 2 is $80.72 as of today but will be adjusted over time.
China:
FXI: Sell Short $45.30 stop. If filled place buy stop $45.80. On a tag of $43.85 move buy stop to entry. Target is $42.68.
SDS: Buy $36.92 stop. If filled place sell stop $36.09. Target is $41.48.
These trade parameters are for trade Thursday November 11.
These equity ETF's have reached long term resistance levels. The software's logic predicts a reversion to price and volitility mean of the individual equities. Entries should not occur if market intends to truly break out and start another trending leg.
We'll see what happens. I will post some charts of the softwares graphics if trades are triggered, and when I can figure out the method.
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