Today's ES worked out pretty much perfectly. Estimated low 1988 actual 1988.25 Estimated high -- with range =2002.75 - hit that a couple of minutes ago. Trade (still in sim this week)
Looking at my charts over the weekend if the ES Sept can close < 88 we could get a nice push down. Thursday 2011 could have be it.
3:51 PM 9/8/2014 CLose 1 at profit of $1500 Educational only - not trading advice ---page3--- "On the gold trade in sim I'm short two at 1270. Seeing the spikes up I'd like to be able to sell a spike so I'm going to buy-to-close one short at 1255 10:17 AM 9/5/2014"
ES charts all messed up at IB Seems some prg was up all night working on creating bugs. All my Sep ES charts were changed to DEC settings recovery etc - nothing worked to restore what was there yest Where do they get these buffoons from?? SO now -- way to late to make a trade 9:42
Sim - educational only. not trading advice. Short 1 from 1270 with stop of 1285, Cash balance $21,500 Sell 1 gold at 1268 - stop loss is 1280 Adjust the stop on the open short to 1280, .ie both stops are at 1280 (Medium term targets are 1240 and 1180)
The Bloomberg Dollar Spot index, which tracks the greenback against 10 peers, climbed to the highest in 14 months amid speculation that economic reports this week will back the case for the Federal Reserve to boost interest rates next year. A report today showed U.S. job openings held close to a more-than a 13-year high in July. “The dollar strength is working against gold,” Frank Lesh, a trader at FuturePath Trading LLC in Chicago, said in a telephone interview. “Worries about higher interest rate are keeping buyers away.” Gold futures for December delivery fell 0.3 percent to $1,250.70 an ounce at 12:15 p.m. on the Comex in New York after touching $1,248.50, the lowest for a most-active contract since June 6. Trading was 11 percent below the average for the past 100 days for this time, data compiled by Bloomberg show. The precious metal lost 5.1 percent this quarter through yesterday on concern that the Fed will raise interest rates as the economy gains traction. Policy makers will meet Sept. 16-17. source:http://www.bloomberg.com/news/2014-...month-low-as-dollar-s-climb-curbs-demand.html