Managematics
David Starr is better known as Managematics to members of the First Wave chat on ThinkOrSwim. Most use his many freely-distributed implementations of First-Wave technical studies and his regular market commentary, including timely trading insight based on Elliott Wave analysis. David's acclaimed FibGrid and DynaRange indicators are available right here on FWTrader.com.
Trade Update: March 2012 S&P E-Mini Futures
Since announcing this trade we had several updates by email. First to raise the entry stop to 1295.25 and then to set our stop loss to 1298.75. We were stopped out of our position inMarch 2012 S&P 500 E-Mini Futures at for a net loss of $350. The opportunity […]
New Trade Setup: March 2012 S&P E-Mini Futures
The model portfolio is putting in a stop market order to sell short two contracts of March 2012 S&P 500 E-Mini Futures at 1293.50. Should be be stopped into this trade then we will follow-up with a location for a stop loss order. Depending on price action, we may send an alert to […]
Squawk Morning Briefing: High Alert
We continue to be on high alert for indications that a top is in place, either at Tuesday’s high or from modestly higher levels.
Squawk DJIA Briefing for 1/18/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Squawk Morning Briefing: Sticky Tops
Equity markets seem to be unable to let go of the idea of new highs despite waning momentum at these levels. that leaves conditions still ripe for a reversal but lacking an actual turn. Details are in the video briefings and we remain patient here as we watch for signs of […]
Squawk DJIA Briefing for 1/17/2012
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.
Portfolio Review for Week Ending 1/13/2012
It was a bit of a whipsaw week for the model portfolio. As this remains somewhat of a pilot initiative, I am still working out some level of balance between taking action when it seems warranted and focusing on actions where as much advance notice can be given to subscribers. As a consequence, we took […]
Trade Update: March 2012 S&P 500 E-Mini Futures
Our stop was hit at $1,283 to purchase one contract of March 2012 S&P futures for a net profit of $300. This leaves us with a remaining position of a single contract short.
This is a fictitious model portfolio managed to demonstrate trading techniques which may be used to trade a speculative account. […]
Closed: March 2012 No. 11 Sugar Futures
Our stop was hit at 23.87 taking us out of the trade for a modest gain of $515. We will discuss the sugar trade more in our weekly wrap-up this weekend.
This is a fictitious model portfolio managed to demonstrate trading techniques which may be used to trade a speculative account. The […]
Trade Update: March 2012 E-Mini S&P 500 Futures
While price action in the equity markets remains consistent with a downturn, the recent advance allows for possible short-term bullish interpretations. Our trade was intended to achieve a larger move than has been been seen so far, but we don’t want to give up all our profits should the trade turn against us. […]