Hey Guys,
The market is up again today. It's been a whipsaw type of market, so who knows where it's going from here. But for the moment, all but one of my positions are showing a profit.
I closed out American Express and ENB today since they both hit my time limit. I walked away with a profit on both.
No new trades set up yet today. The market gapped up overnight, which typically reduces the odds of any of my pullback trades getting triggered. I'll continue to keep an eye on all the tickers from my watch list. Domino's Pizza might be the closest one to possibly triggering today.
I picked up some futures trades yesterday. Three different trades fired at once. That's definitely a heaping spoonful of futures trades! One was based on the fact that the price has been off the lower Bollinger Band for a week, and normally after that amount of time the price might be less likely to go back down according to back tests. Another trade was based on the fact that the price has been below its yearlong high for more than a week, and back tests show that many times the price might end up coming back up to those highs again. And the last trade was a re-do of a trade that I lost on early this week. The same setup re-triggered again.