Tuesday, 18 November 2008

139 POINTS GIVES US $1380 PROFIT FROM FUTURES TRADING

Date: 13th November 2008
Time In Trade: 18 minutes
Total Trading Time: 24 minutes
Profit earned per $20 staked: $1380

Note (1): This is a paid for subscription service and should be used in conjunction with our 60MinuteTrader
Futures Trading Course.

Please purchased
HERE.

Charts below show the systems entry and exit points, if you had followed the exact same trade, based on just $20 staked, you would have won $1380. (or $1380 win today for each $20 staked).

Note (2): All figures quoted throughout the
Trading Results pages are based on just the opening trade placed each day, you can of course place several futures trades through out the day and increase profits further. Follow the link given here to see how Chris places many Futures Trades each day.

For a month by month over view please view our
Futures Trading Results.

Chris's Comments: The initial move was up so we sell in the upper 20% of the williams and buy to close in the lower 20% of the Williams.

Note (3): If you had placed this trade yourself you had the potential to actually double the profit figure shown. However, This trade and the figures quoted are based on just half the winning move. This is because we know (and you will also know if you have any trading experience), that nobody will enter at the exact highs and lows of every move over the long term. Banking just half of the move is a much more realistic and achievable target, something that many sites will omit to tell you.

Note (4): COST OF TRADING: Profits shown are net of any spread and commissions. The only other cost's are $10 per month for a real-time charting package from Sierrachart. Data feed from InterActive Brokers is free if commissions are more $30 per month otherwise $10 per month. Basic data feed from MyTrack as shown in the course costs just $5 per month.

Futures Trading Chart


MyTrack: I used to use Mytrack before I used any indicators. It is not necessary to use Mytrack but it is handy to have another data source. The change in prices/direction on MyTrack can be seen much quicker than on any chart and personally I think it gives me an edge.

To use MyTrack go to MyTrack and click on "MyTrack Service Plans" on the left-hand side. It is the first package "Basic" $4.98. Individual stock prices are delayed, the 4 indicies that we use are real-time.

Just half of the 139 pts possible less 1 pt commission = 69 pts x $20 stk = $1380. Trading finished 24 minutes into the session, time in trade 18 mins.

65 POINTS GIVES US $640 PROFIT FROM FUTURES TRADING

Date: 14th November 2008
Time In Trade: 10 minutes
Total Trading Time: 19 minutes
Profit earned per $20 staked: $640

Note (1): This is a paid for subscription service and should be used in conjunction with our 60MinuteTrader
Futures Trading Course.

Please purchased
HERE.

Charts below show the systems entry and exit points, if you had followed the exact same trade, based on just $20 staked, you would have won $640. (or $640 win today for each $20 staked).

Note (2): All figures quoted throughout the
Trading Results pages are based on just the opening trade placed each day, you can of course place several futures trades through out the day and increase profits further. Follow the link given here to see how Chris places many Futures Trades each day.

For a month by month over view please view our
Futures Trading Results.

Chris's Comments: The initial move was down so we buy in the lower 20% of the williams and sell to close in the upper 20% of the Williams.

Note (3): If you had placed this trade yourself you had the potential to actually double the profit figure shown. However, This trade and the figures quoted are based on just half the winning move. This is because we know (and you will also know if you have any trading experience), that nobody will enter at the exact highs and lows of every move over the long term. Banking just half of the move is a much more realistic and achievable target, something that many sites will omit to tell you.

Note (4): COST OF TRADING: Profits shown are net of any spread and commissions. The only other cost's are $10 per month for a real-time charting package from Sierrachart. Data feed from InterActive Brokers is free if commissions are more $30 per month otherwise $10 per month. Basic data feed from MyTrack as shown in the course costs just $5 per month.

Futures Trading Chart


MyTrack: I used to use Mytrack before I used any indicators. It is not necessary to use Mytrack but it is handy to have another data source. The change in prices/direction on MyTrack can be seen much quicker than on any chart and personally I think it gives me an edge.

To use MyTrack go to MyTrack and click on "MyTrack Service Plans" on the left-hand side. It is the first package "Basic" $4.98. Individual stock prices are delayed, the 4 indicies that we use are real-time.

Just half of the 65 pts possible less 1 pt commission = 32 pts x $20 stk = $640. Trading finished 19 minutes into the session, time in trade 10 mins.

U.S. STOCK FUTURES GYRATE AFTER HEWLETT-PACKARD EARNINGS BEAT

U.S. stock futures on Tuesday pointed to a mixed start, with cheer over technology giant Hewlett-Packard Co.'s growing profit helping offset ongoing evidence of the economy's deterioration.

Nov. 18 (Bloomberg) -- U.S. stock-index futures swung between gains and losses as better-than-estimated earnings at Hewlett-Packard Co. and Home Depot Inc. offset concern profits will be dragged lower amid a recession."

TOTAL, SHELL, ALCATEL STOCKS GO UP

Nov. 18 (Bloomberg) -- European stocks rose as higher oil prices lifted energy producers and better-than-expected earnings from Hewlett-Packard Co. and Home Depot Inc. eased concern the recession will snuff out profits.

Total SA, Europe's third-largest energy producer, and BP Plc climbed more than 4 percent as crude gained. Alcatel-Lucent SA jumped 4.8 percent on Dassault Aviation's 1.56 billion-euro ($2 billion) offer for Alcatel's stake in Thales SA.

The Dow Jones Stoxx 600 Index added 0.8 percent at 201.91 in London, reversing an earlier decline of as much as 2.2 percent. The gauge has lost 45 percent this year as writedowns and credit losses topped $965 billion in the worst financial crisis since the Great Depression.

U.S. earnings are ``reassuring the market,'' said Arnaud Scarpaci, a fund manager at Agilis Gestion in Paris, which oversees $152 million. The market ``seems oversold,'' he said."

JGB FUTURES EDGE UP, SUPPORTED BY ECONOMY WORRIES

TOKYO, Nov 18 (Reuters) - Japanese government bond futures inched higher on Tuesday, supported by worries that the economy may weaken further and market expectations for the Bank of Japan to keep interest rates low in coming months.

The yield curve was seen likely to stay steep, with shorter-term notes supported by this week's dip in JGB repo rates, while super-long bonds may see some selling as dealers prepare for a 20-year bond auction on Thursday.

'The trend of stock market weakness is still in place and yesterday's gross domestic product data showed a contraction for the second straight quarter. Economic fundamentals continue to be weak,' said Naomi Hasegawa, senior fixed-income strategist for Mitsubishi UFJ Securities.

December 10-year JGB futures rose 0.19 point to 138.75 2JGBv1 in light trade, with trading volume totalling roughly 3,900 lots as of 0055 GMT.

The benchmark 10-year JGB yield was steady at 1.475 percent."

STOCK FUTURES FALL AHEAD OF AUTO BAILOUT TALKS

An anxious Wall Street proceeded cautiously Monday after last week's selloff, sending stock futures lower ahead of economic data and talks in Congress about the automotive industry.

The government at 9:15 a.m. Eastern time will release its October reading on industrial production. The median estimate by economists surveyed by Thomson/IFR is an increase of 0.2 percent after September's drop of 2.8 percent.

Investors were also nervously waiting to see whether the nation's troubled automakers would get a bailout. Senate Democrats, who plan to introduce legislation Monday, want to use part of the $700 billion Wall Street bailout to help prop up Detroit's Big Three carmakers: General Motors Corp., Ford Motor Co. and Chrysler LLC. A vote was expected as early as Wednesday.

General Motors said Monday it will sell its entire stake in Suzuki Motor Corp. for 22.37 billion yen, or $230 million, to raise cash."

OIL AT 22-MONTH LOW WITH DEMAND UNDER SCRUTINY

SAN FRANCISCO (MarketWatch) - Crude futures closed at their lowest level in 22 months Monday, after an erratic trading session that took prices to a high near $59 per barrel, with energy demand under fresh scrutiny following a climb in U.S. industrial output and data showing that the Japanese economy has fallen into recession.

And likely adding to the session's volatility was the expiration of December crude-oil options, analysts said.

'Overall, the market just keeps doing what it has been doing for months -- posting wide trading ranges with a lot of activity, but not quite able to break out of its downtrend,' said Darin Newsom, a senior analyst at DTN. 'The big thing is still a lack of demand and financial weakness.'

December crude futures fell by $2.09, or 3.7%, to close at $54.95 per barrel on the New York Mercantile Exchange. It finished at the session's weakest intraday level - a level not seen since late January of 2007."

GOLD FALLS IN N.Y. AS DOLLAR CLIMBS; PLATINUM, SILVER DECLINE

Gold fell in New York as the dollar climbed, reducing the appeal of the precious metal as an alternative investment. Platinum and silver also declined.

The dollar gained against a weighted basket of six major currencies, extending a two-week rally. Precious meals often move in the opposite direction of the greenback. Gold fell 18 percent last month as the dollar rallied 7.8 percent.

``The dollar has the strength that it does because people are pulling their money home and going to cash,'' said Frank Lesh, a trader at FuturePath Trading LLC in Chicago. ``Gold is just reacting to the dollar. There's a loss in demand for all metals and commodities.''

Gold futures for December delivery fell 50 cents to $742 an ounce on the Comex division of the New York Mercantile Exchange. Earlier, the price dropped as much as 1.7 percent.

Silver futures for December delivery declined 16 cents, or 1.7 percent, to $9.33 an ounce.

Platinum futures for January delivery tumbled $24.50, or 2.7 percent, to $820.60 an ounce on the Nymex. Palladium for December delivery rose $1.05, or 0.5 percent, to $217.70 an ounce."

WHY TRADE SPREADS?

The average futures trader these days has come to the markets either through having had negative experiences trading FOREX, stock options and/or day trading mini S&P and/or mini Russell futures.

The grand illusion and big lie of the markets is that trading these vehicles is a sure fire way to make profits with low risk. The associated grand illusion or delusion is that day-trading these instruments is readily profitable and relatively simple to master.

The plain and simple truth of the matter is that the new trader or new investor is readily attracted to the promises made by so many advertisements both on the Internet and the media. Some of the claims are truly and utterly unbelievable. I'm astounded that people actually believe them.

Anyone who has tried their hand at trading knows the reality of what I'm saying. Although not surprising, many new traders are attracted to the most obvious ways of trying to make money in the markets. But in the markets, as in life itself, that which is most obvious is not always that which is true or right. During these times of record-breaking volatility in all markets there are three keys to survival and profits."

DAY TRADING FUTURES

When day trading futures, you enter and exit all positions in the same day - never carrying a position overnight. Since the overnight moves of the market are difficult to predict, many traders avoid risk by day trading. Ironically, the public believes that day trading is the riskiest way to trade.

THIS IS A MYTH!

GOLD FUTURES HEADING HIGHER

GOLD FUTURES HEADING HIGHER

Gold futures are moving higher for the third session in a row as a number of factors start moving in gold's favour. Recently, gold has been shunned in commodities trading to the surprise of some gold bugs.

Now, however, things are turning around -- at least for now. The U.S. dollar is showing some signs of weakness against the euro in forex trading, and there is also some demand from bargain hunters.

Bloomberg reports on another aspect of rising gold prices: investors are buying physical gold.