VFC 5DPEG

Entry: Day05 after the 1.30pm MRE window. Stock price at $76.80Bought 4 contracts. DEC09 80 CALL. Option premium was $210 per contract.

Target: $1 ETP at $77.80.

Result: Hit $1 ETP on Day04 but was not sold in time. Waited for Day03 and it tanked. Day02 hit the $1 ETP again but option premium did not increase much. Day01 opened slightly higher and STC at ard $78.50. Option premium was at $265.

Exit: Day02. Stock price was at $78.50. Option premium hit $265 per contract.

P/L: Gained total of $220 for 4 contracts. 5DPEG Rock!!

Daily Market Analysis (27-Oct-09)

Futures

Dow-mini: 9845.0 (+4.00)

S&P 500: 1066.9 (+0.50)

NASDAQ 100: 1744.5 (-3.50)

Earnings Watch:Companies Reporting Earnings:
AVY, AMTD, FPL, IACI, JCI, LLL, PCAR, TXT, UA, VLO, WYNN, X

Commodities: Oil (78.88, +0.21)

Predicted Trend: Downwards Consolidation

Support: 9823

Daily Market Analysis (23-Oct-09)

Futures

News Break
Futures added to modest gains as Microsoft posted an impressive earnings beat, joining the parade of firms that have shown positive surprises.
A day after the rollout of its new Windows 7 operating system, Microsoft said it earned 40 cents per share in previous quarter, well ahead of analyst expectations of 32 cents. Shares jumped 7.7 percent in premarket trading.
A handful of companies reporting after the bell Thursday blew away analyst estimates. Amazon.com led the parade and its shares are up 17 percent in premarket trading.
American Express also exceeded expectations as did competitor Capital One Financial, whose shares rose nearly 8 percent premarket.

$INDU Trend

Today’s Trend: Upwards Consolidation
Resistance: 10186
Support: 9804

EURUSD Trade

Fibonacci
Price broke 100.0% level, retraced back and tested the 100.0% again.

Indicators
ADX: green above red, strength broke above 25.
RSI: hold above 60.
SMA: blue above red
Parabolic SAR: above price (divergence – one level of risk)

Candlesticks
2 Morning Stars – strong reversal pattern.

Other perspectives
Day candle: All indicators are in convergent.

Entry
2 lots long at 1.4832. First stop at 1.4762, target at 1.4895. When price hit 161.8% (1.4895) level, closed 1 lot with $620.00 profit. Raised the stop at 1.4878, target at 1.5025. However, price loses its momentum and second lot was stopped out at 1.4878 (pre-set stop) with profit of $460.00. A total of $1080 profit earned.