I wanted to give you an update of our performance in the month of june. As you know we removed the trackrecord from the website, because it negatively affected our performance. I hesitated a long time but finally decided trading is already difficult enough as it is, without having to stress about a trackrecord.

The trackrecord caused us to change our tradingstyle. We didn't take trades we normally take, and we didn't stay long enough in a winning trade. All for the fear of having a bad trackrecord.

And it looks, removing this burden, was the best choice I could do. Although we were on holliday for 2 weeks in june, we managed to get a profit of 204points out of the market (if traded with 2 contracts) in only the 2 remaining weeks.Every Dow point equals 5$.

 The story of the week: a lot of opportunities, but a lot went wrong. Very frustrating indeed. I think I tried a bit too hard to get that big winner, because, today, I fell worn out, lacked energy to focus. That is why I stopped trading a bit early.

 To end with a positive note: we suffered no major losses, and managed to get some profits out of the market

 Here's the video. Enjoy

I've been in the market since 1996. But, not often have I seen a day like today, with wild gyrations in all directions in a giant tradingrange.

What made it extra difficult, is, that there was no clear trend. It went from down  back up, and vice versa. So, although it all looked very apealing, it was difficult to get in a trade with a nice risk-reward. And certainly with our system of close stops, timing had to be perfect.

What made things worse, is, that we encountered some technical troubles right at the moment the the best trade of the day presented itself, so we missed this one too.

 But, the good news, we didn't take any loss home, instead we made a bit of a profit.

 Here's the video. Enjoy

  A choppy day, with a Russel that almost all day refused to do the same as the rest.

 We did 4 trades, and came out with a small loss of 20pts.

 The indexes fell really hard this week. Time for an update. Enjoy

What a week. Again I had obligations, again I was late in my office. We missed all of the sell off that happened in the first session of trading.

 But, after all, there is no reason to complain, because we managed to do one scalp-trade. It lasted less than a minute, and was good for 28pts.

 So, like all week, no big winners, but every day a little bit to take home is fine for me.

 Enjoy

 Today, the FOMC-announcement was released. I expected a market in waiting-mode. But we where a bit lucky, as we managed to grab something out of the market before it fell in a coma.

 After the release of the rapport, we didn't do any official trade, because the market did not choose a direction, but instead, went sideways.

Today an easy day. And it was welcome after the adventures of yesterday (lol).

 I had some obligations to perform and therefore I was late in the room. We could do only one trade, but, it turned out, that it was immediately a good one.

 Look at the video below. Enjoy.

 Today is my girlfriends birthday. So after trading, I 'd rather spend some time with her, than producing a video.

 We did one trade, with a small profit of 10points.

 So all in all, no bad week. The sprofits where small, but there was not one single losing day, and that is what counts.

 See ya next week on monday. Have a nice weekend.

 Tomorrow, there is quadripple options expiration. And the symptoms where already there today. The market acted like a madman. With the wildest spikes and swings in every direction.

 Ik took us a while to get back above water as we started the day with a loser. But, the story ended nice, we even closed the books with a bit of profit.

 See for yourself what happened. Enjoy.

 A bit of a frustrating day. The market made some giant moves, but without forming a bottom nor a top, so we missed all of it. And when we finally did enter a trade, all juice was used, and the market started chopping around.

 But, these things happen. The good news is, that we have no loss, and tomorrow is a new tradingday.

 See below what happened.Enjoy

 Today, only one trade. It was a homerun, and as you know, after that, we sit back and relax.

 Look below at what happened. Enjoy

 Hello, we are back in town. Hope you did ok these last 2 weeks.

Today, again a difficult day because the indexex each wanted to go in another direction. Result: chop. However, we managed to take out some profits out of this very difficult environment. Klik on the symbol below to see the review of todays trades. Enjoy:

 We leave for the yearly summerholliday. Will be back in 2 weeks. Trade carefully, and see ya later.

 Here a medium term marketoutlook. Enjoy.

 Here is the tradesreview of yesterdays trades. Enjoy.

 Here is the Tradesreview of 22.05.08. Klik on the symbol below. Enjoy

 March the 3th. A new month had started, and we where very motivated to trade. After all, in Februari, we only had 3 weeks of trading, and of those 3 weeks, there were 2 weeks with only 3 trading-days. And still, we managed to take some nice profits out of the market. So, let's rock' n roll.

 But, the Gods where not with us. Probably because Mr. Bernanke will have one more speeche today, which resulted in a market that just wouldn't choose direction. It just wouldn't take off. Lots of chop and change in direction. This kind of environment can get the cooles among traders frustrated, but, we where professional enough to not start chasing the market. That would certainly have cost us our head.

 In stead, after 4 tries, we called it a day, with a very small loss of 34pts. After all, tomorrow is yet another tradingday, with hopefully some better opportunities.

 In the chart below, you see the 4 attempts

01: Bad timing, went in too soon: L-40pts

02: Ugly divergence between Dow Rus and Nas, which made me decide to close the position. Too bad, because, just as soon as we closed, they took off. P0.00

03: Nice trade. Same idea as the 2 others to go Long, now it turned out ok. P+56pts

04: No luck. We went Long, after the market formed a higher bottom, in search of new highs. But, no go, one more U-turn,and down we went. L-50pts

read more

Here 's a review of yesterdays trading in again supervolatile markets.

 Klick on the symbol below and execute the file.

Day 2 of our video-experiment. The quality is still low, but we are working on it.

Here is a review of yesterdays trades.Klik on the symbol below.

 For our visitors, we are experimenting with videosoftware to offer a view on yesterdays trades.

The quality is still not too good, but we are learning fast. So, enjoy.

 To view yesterdays trades klik on the link below.

Testmovie

These last years, a whole generation of stockpickers was able to grow to guru-status, just by picking just about any Long-trade. Alsmost every single serious stock or index went ballistic.Thus creating a feeling of invincibility for the newborne Bulls.

But, could it be that these magnificent times have  come to an end? These dark clouds that appear at the horizon, and the thunder that rolls in the distance, are they preludes of changing times?

The more experienced market-participants among you, will certainly remember, that the outlook of the marketscene can dramatically change. Not even so long ago, we knew times where the Bears would dance in bloodcoloured streets, and Bulls would lie stacked in thick piles in trenches.Are we headed back to these times of mourning wives, and lost glory?

Let's take a look and analyse the longer-time outlook for the markets.

Here below a weekly and monthly chart of the Dow:

The weekly graph is looking like it will form a lower top, confirmed by all indicators.And even the monthly chart is starting to bleed. Only a dramatic U-turn that would pull price over 13800 can keep the bears from their planned head-on attack.

 The Russel looks even more worriesome: The lower top is already in place, and price looks like it is just about ready to fall through the brown trendline, which acts as a last line of defence for the Bulls.

Only the Nasdaq, who has known the most fieresome rally of all indexes, is, on longer-term charts more reluctant to obide to the laws of gravity.The weekly chart looks like it is placing a lower top as well, but the monthly chart still stands strong.

 All hopes of the Bulls are therefore put on the Nasdaq to pull them out of the quicksand. If the techs fail, all hell breakes loose.

Although the market behaved sometimes a bit strange this week, perhaps caused by the options expiration of Friday, we managed to get our share of profit out of the market, without any losing day.

On wednesday and thursday, we hit our daily profittarget with the first trade of the day. This means, that, the rest of the day, you could have taken the day off, and head out with your family to do some christmasshopping and score points with the ega (lol).

On wednesday,19 december, we went short when priceaction showed weakness, confirmed by the indicators and market internals. This one trade was good for 45Dow points or a nice profit of over 225$ if you'd traded with only 2 contracts. Of course, nobody forbids you to trade more contracts!

On thursday,20 december, it was a bit of the same story. We went short when price formed a double top, showing weakness. All our indicators and market internals backed up the decision to go short. This trade was good for 49Dow points or 245$ when traded with 2 contracts.

Well, the promised fireworks we got. The message the FOMC spreaded, wasn't exactly what traders around the globe wanted to hear, and, it looked like they pulled the bottom away. In less than 2hrs, the Dow lost about 300pts.

But, that was not taken into account the giant hat the Fed posesses to pull out a white rabbit for cases like this. Realising they might have upset some folks, they found no better than to 'talk' the indexes back up, as they've already done so many times lately. And yes, this time too, it worked. The day after, our friend the Dow opened having paired almost all 300points! Only to lose all of them, and then some more during the session. Talking about volatility.

So, here we find ourselves, still at the Fib.resistance I mentioned in the prior posting. After the dust settled, price didn't move all that much. And there is no telling which way it will go, although the Bulls could start to get further motivated, knowing they're backed up by their powerfull allie the Fed and bearing in mind the tradition of a Christmas Rally.

These last few sessions, the Bulls were in head-on attack mode. They blew right through all resistancelevels that were piled on top of eachother in the 13300-13600 zone, only to be halted by a heavy fib. resistance around 13700.

This furious rally was inspired by hopes on the Fed comming to their rescue.Well, I sure am hoping they are right, and the Fed will indeed scramble all hands on dek,because this almost 1000Dow point rally could turn out te be a very painfull experience for those late at the party.

 Today, we could see some nice firework, that could easily have a red shade if the FOMC-announcement holds not all that the Bulls were expecting to get.

What 's up with our Swingtrade?

Well, as you know, we have 1/4 of it still running, the rest is already sold again, to lock in profits. The stop is placed at the starting position,as to never let this winner become a loser again.

Price has really ballooned up, untill it met resistance at the 13500 level. Since then, there is a consolidation, but untill now, this looks normal, nothing to worry about. Only if price would continue to slide down, through fib. support, then the alarmbells would start to ring.

So, sit back and enjoy the ride.

In all, our first week wasn't too bad. And this although the last 2 tradingdays where extremely choppy and difficult to trade in.

The daytraders could have taken a profit of 350Dow points. We had not one loser. So even if you didn't catch it all, you should have made some nice profits it you'd have traded along with us.

The swingtraders about the same, but this position is still not completely closed, so there could be something added to it.

Of course you know by now that every 10Dow points are worth 50$ (multiplied by the number of contracts that you trade).

Yesterday was a very difficult day to trade in. The market was consolidating after the monstermove of wednesday and price was jumping around all over the place.Lots of jitter and chop.

But still, we did manage to get about 70Dow points in 2 trades. Not too bad after all.

Our biggest winner was caught by going short when the 5min chart formed a lower top.This one was good for +50Dow points.

Today, at opening of the market I posted this Swingtrade:

 We are now at almost +300Dow points and counting

 Already at 17hrs local we hit our daily target, with a profit of 82Dow points. (not counted the ohther trade!)

 Together with yesterdays profit, this mean you could have made more than 750$ if you'd had traded with only 2 contracts.

 Do you still think this service is too expensive?

 Ok, so what happened? We went long on a gap-fill together with a higher bottom.

 Long at 12869, first half out at 12892, the remainder at 12927 (fib.resistance).

 This trade was announced in time to get you prepared. Also the exact stop, exit 1 and exit 2 points where given.