CME Trade on Jun 7, 2013 11:07 from J2WS: Tradervue User Stock Trades.

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J2WS

There seems to be a correlation between the amount of work you put into charting and your chance of success. I've been stalking CME for quite awhile now. Traded it in the

past

. And planned for it the

last

two

days

Do your homework

http://www.youtube.com/watch?v=oHFXv9W2SFQ

It finally paid off and I was able to attack it with size. I didn't buy the initial break and I bought on the first two pull backs. I accidentally went flat at 70.95 because I put in the incorrect stop but I jumped back in, although with less shares than I had originally wanted, as soon as the opportunity presented itself. The rest of the time I just sold into strength. I'm still holding some on a swing trade because I can't ignore breakouts of multi-year levels.

See this

link

to my blog post to get a more detailed look on how I could have improved on this trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-06-07 11:07:25	CME	buy	$69.950	long
2013-06-07 11:08:49	CME	buy	$70.000	long
2013-06-07 11:08:49	CME	buy	$70.000	long
2013-06-07 11:42:07	CME	buy	$70.150	long
2013-06-07 13:21:10	CME	sell	$71.310	long
2013-06-07 13:39:15	CME	sell	$71.550	long
2013-06-07 13:39:15	CME	sell	$71.550	long
2013-06-07 13:39:17	CME	sell	$71.550	long
2013-06-07 14:30:00	CME	buy	$71.030	long
2013-06-07 14:30:40	CME	sell	$70.950	long
2013-06-07 14:30:40	CME	sell	$70.950	long
2013-06-07 14:30:40	CME	sell	$70.950	long
2013-06-07 14:30:40	CME	sell	$70.965	long
2013-06-07 14:30:40	CME	sell	$70.950	long
2013-06-07 14:30:40	CME	sell	$70.950	0
2013-06-07 14:32:47	CME	buy	$71.080	long
2013-06-07 14:32:47	CME	buy	$71.080	long
2013-06-07 14:32:47	CME	buy	$71.080	long
2013-06-07 14:32:47	CME	buy	$71.080	long
2013-06-07 14:32:47	CME	buy	$71.080	long
2013-06-07 15:38:27	CME	sell	$71.700	long
2013-06-07 15:39:39	CME	sell	$71.700	long
2013-06-07 15:40:42	CME	sell	$71.750	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CME&trade=485279&end=20130607160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CME&trade=485279&end=20130607160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CME&trade=485279&end=20130707&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CME&trade=485279&end=20131104&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JoJoTrades

2013-06-07 20:05:10

professional trade here, for sure....fantastic.

ckz8780

2013-06-09 12:58:54

Well done. You played the trend perfectly.

CME Trade on Jun 7, 2013 11:07 from J2WS: Tradervue User Stock Trades.

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