Trading from March 27th, 2012 Plus Ending Trading Statement Balance from Monday

Hello Traders,

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Interesting trading day today, the volume was indicating an oversold condition in the morning’s trading.  It took two entries to be able to ride out a 2P profit target right.  The Exit point was right above the Pivot Point on the 2000 Trades Chart.  We had already tested the PDH on the day and continued to show weakness.

March 27th, 2012:  2000 Trades Chart

Volume continued to show weakness noted by the two orange arrows to the left of the HVS SKY bar on the 200 trades chart.

March 27th, 2012:  200 Trades Chart

1st trade today was a loss of 24 ticks.  2nd trade shown on chart above was a winner for 49 ticks.  This was for a net of 25 ticks or $250 less $12 commission on 2 trades netted $238.00 on the trading day.

I believe the volume signaled an exit to all shorts on the HVS SKY bar shown on the 200 Trades Chart.  This ended up being a change of direction in the overall down trend on the trading session by the way.  All in all, it was a good day, after a non-trading day yesterday.

In addition, I was able to arrive at the profit target on the trading account to be able to wire out funds in the amount of $625.00 plus a wire fee of $25.00 all covered above the STAB #2 Start of $3,125.00 going for $4,687.50 once again.

STAB #1 Wire Out $625.00:  March 26th, 2012 Trading Statement

 

Good Trading,

David ‘Tiger’ Knight

P.S.  HVS Trading Strategy on YouTube:  12 Videos on Trading Method  

P.S.S.  Bonus Today’s Trading Video!!

March 27th, 2012:  Part I

 

March 27th, 2012:  Part II

 

 

About The Author

David M. Knight

I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.