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Previous Intraday Trading Session: [ 4/4/2013 ]

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TIMEALERTS 
16:08TRADES --
Scalpers: +2.00, +2.00, -1.00 = +3
Sluggers: +5.00, +3.00, -1.00 = +7

BINARY OPTIONS --
YM -100%, +75% = -25%

 
16:02Binary /YM 14515 [+75%]

 
15:3610- and 15-minute /ES charts showing a bullish flag pattern.

 
15:17Buy /YM Calls to expire at the Close if we get down to 14515.

 
15:11If /YM gets down to the 14513 area, I think I would buy a call.

 
15:08Sort of begs the question: shouln't we take another chance on a binary call to close higher at the Close? I'm thinking.

 
15:07I think we are going out higher today.
In last night's update to subscribers, I mentioned a up today and big down tomorrow (Friday) was the most likely scenario.

 
15:00Calls on /YM [-100%]

 
14:53Calls on /YM -- in at 14525.500 strike.

 
14:52Binary Call on /YM to be higher are 3:00

 
14:44More clearity now. A move up to the 1557 level, then a reversal right before the Close or over night.

 
14:33>> see chart.
I completely missed a bullish flag.
See blue lines.
We could go as high as 1557.
I would be planning to short there.
Great place to pick-up some /YM binary Puts.

 
14:30TRADE #3 -- stopped out at 1554 [-1]

 
14:29Get out at any point under 1553.

 
14:29Lower Stop to 1554.

 
14:28I don't like this trade.

 
14:25In at 1553

 
14:24In at 1553

 
14:22Still waiting for 1553.

 
14:20TRADE #3 -- SELL 1553 -- STOP 1555
Wait for 1553

 
14:18Cancel that trade. It is going up.

 
14:17Take 1552 as entry if you can.

 
14:16TRADE #3 -- Sell 1551.50 -- Stop 1553

 
14:02TRADE #2 -- Sluggers stoppedout AT 1551 [+3]

 
14:01>> see chart.
Expect the market to creep higher as it did from 12:00 to 12:30.

 
13:54Almost sure this is a top. Be ready to short.

 
13:47Sluggers should raise Stops to 1551

 
13:45Sluggers should raise Stops to 1550

 
13:441554 or 1555 are possible.

 
13:43Sluggers should be viewing 1552 as a likely area to take profits.

 
13:42Trade #2 -- Scalpers out at 1550 [+2]

 
13:24>> See chart.
I think we wiggle our way back up to the red line above.

 
13:21Trade #2 -- Buy 1548 -- Stop 1546

 
12:53Look like we are going to hover here for another 10 minutes, then start another leg down.

 
12:06We are at the bottom of the pennant, and it looks like it may continue to drop. I was hoping for a move back up to the top. Watching.

 
11:35I think we are going to see a pennant form here.

 
11:28>> see chart

 
11:00Expecting more to the down side.

 
10:31Trade #1 -- Sluggers out at 1551 [+5]

 
10:30Sluggers should lower Stop to 1551.

 
10:29Trade #1 -- Scalpers out at 1554 [+2]

 
10:11Trade #1 -- Sell 1556 -- Stop 1558

 
09:53Good morning

 
 
 
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