Take a look at the YM for today Fuzzy..a terrific day…:)
Glad today is over, as well as my trade week….today was hard work …
#Futures – I must be bored but corn ( /ZC ) sure looks like it’s ready to go higher. Pretty tight daily squeeze after a big drop.
#Futures – Short /ES against short puts for basis improvement. I’ve been slightly over writing the puts to keep up with the rise. Taking some off to give ‘er more downside room.
Bought to Close /ES AUG 17 (Wk1) 2450 PUT @ 4.25 (sold for 12.50)
i hit it hard today, on Both the YM and ES..a tiring day…from 7am – 1pm..
Combined trades netted 1325 points..
My best ever trade day…Taking tomorrow off..
8:30 Long ES at 2442 at Open
9:00 Exit at 2447, new HOD
gain 5 Points ( equal to 50 YM Points)
9:05 Short ES at 2446, at HOD bounce, as NQ crashed
10:00 Exit at 2434, at new LOD, under the Mid PP
gain 12 Points ( equal to 120 YM points )
9:35 Short YM at 430, at the 34ma, as YM follows the NQ crash
9:45 exit at 330, at the new LOD, just above the Main PP
gain 100 Points
all in all, not bad for a summer Monday…
#Futures – A little more basis improvement on the short /ES hedge…so far keeping up with the rise. Should pay off someday when we get an Aug 2015 repeat.
SOLD /ES AUG 17 (Wk3) 2325 PUT @ 11.00