Archive for June, 2008

June 30, 2008 »

Today’s the kind of day that makes trading worthwhile.  We had a great day in the market!!  Right out of the gates there was a little indecision as to direction which caused the market to be volatile and drop a little.  Once it got it’s bearings, it made a cautious but steady move upward inside [...]

June 27, 2008 »

Today was one of those days….  It was positive, but barely.  Had connectivity issues in our area so we only got one trade in.  Now, a traders worst nightmare is that you lose connectivity while engaged in a trade.  Where this is not an ideal situation, we were able to take comfort in knowing that [...]

June 26, 2008 »

Today was a great day as far as trend.  The direction was down from open until our time window expired.  The key to today was engaging the market.  The more often we could engage, the more money we made.  The Matrix Wealth Trading System gave us the predestined exit to keep our risk manageable in [...]

June 25, 2008 »

Today was a profitable day and we cautiously approached our trading today in anticipation of the fed announcement.  Sentiment isn’t exactly positive.  Numbers that came out today prior to fed weren’t exactly inspiring, yet the market climbed.  Any retraces were small and maintained a tight range.  In my opinion, it looked like positioning for the [...]

June 24, 2008 »

Today was a good day of trading with The Matrix Wealth Trading System.  Being the day before a Fed announcement, we were expecting volatility and we got it.  We engaged the market today and The Matrix Wealth Trading System continues to do what it does best.  The news was bad across the board.  Oil continues [...]

June 23, 2008 »

It’s always nice to report a positive day in the market and with The Matrix Wealth Trading System, we get to do that more often than not.  Today is no exception.  The market was bearish this morning.  After Friday’s big drop, we were a little concerned that it would try to recover some of the [...]

June 20, 2008 »

With the weekend on our mind, we were looking for The Matrix Wealth Trading System to work its magic and get us some quick profit.  It succeeded!!  We had another profitable day with low stress…  What better way to start the weekend?  At market open, the direction was down.  By entering positions close to market [...]

June 19, 2008 »

Today was a good day in the market.  The Matrix Wealth Trading System shines again!!  We saw a good positive day and trade times were fairly short.  There was some pretty good volatility and we saw some good volume all morning.  Staying close to market price on our entry points was key to our success, [...]

June 18, 2008 »

Another great day in the market with The Matrix Wealth Trading System!!  The market took a nice drop in overnight trading.  Right out of the gates it attempted a bit of a rebound, but it was very short lived and the market trend was down for the first hour.  The second hour brought a bit [...]

June 17, 2008 »

Another good profitable day with The Matrix Wealth Trading System.  The market was bearish from open after a steady overnight climb.  Volatility was moderate and volume was there for the first 1.5 hours.  It died off a little after that, increasing the time spent in the latter trades but the trend was easily identified and [...]