Friday, March 14, 2008

BE1 Filled

Filled 1290.25 BE1
June Contract
Position: 1







Working Orders:



Buy
Sell
Type Price
Price Type
BE2 1283.25
1296.75 SF1

New Working Orders

Position: 0
JUNE






Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1290.25
1303.75 SE1





No Working Orders

Now trading June Contract.

At this time we have no working orders. The next working orders will be posted at 12:00 (Noon) EST.

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type





New Contract

From this point on, all orders will be the June (front month) contract.

BF2 Filled

* Fast Market; Filled Better;

We are flat and have no working orders at this time.

Filled 1282.00 BF2

Position: 0
close 1313.000





Working Orders:



Buy
Sell
Type Price
Price Type










BF1 Filled

* Fast market; filled better.

Filled 1291.50 BF1

Position: -1
close 1313.000





Working Orders:



Buy
Sell
Type Price
Price Type
BF2 1285.25







New Working Order

* Keep in mind that we are still Trading the March contract until we are flat today; then we will be using the June contract.

* There was no fill on the opening.


Position: -2
close 1313.000





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1293.25


Good Morning 3.14.08 FB 2.0 Emini / SP500

Today we enter this morning short 2. On the opening, we have a working order (sell at this level or best bid above this level).

Position: -2
close 1313.000





Working Orders:



Buy
Sell
Type Price
Price Type



1228.75 SE3

Thursday, March 13, 2008

3.13.08 4.15 Settlement Emini / SP500

Trade Date:






3/13/2008







EST
Buy
Sell

Position Time Type Price Average Price Type P/L








-1 11:14


1299.75 SE1
-2 12:01


1307.75 SE3
-3 1:29 BF1 1323.25 1307.08 1313.75 SE3
-2



1313.00 close -$296.00






close -$592.00













-6.58%
-$888.00

Summary:

Today's P/L was -$888.00; for a -6.58% loss.

We entered the day Flat; no position. We sold 3 and bought 1 in on the close.

We conclude the day short two (-2).

Working Orders into 4:15 Close

We are short -3; working orders below.

IF, we are not filled on our BF1, we will buy 1 on the 4:15 close (to conclude the day short -2)

Position: -3
SA123 1307.080





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1307.25


BF2 1300.25


BF3 1293.25


BF1 Adjusted

Position: -3
SA123 1307.080





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1306.25


BE3 Filled

Filled 1313.75 SE3

Position: -3
SA123 1307.080





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1304.25







SE2 Filled

Filled 1307.75 SE2

Position: -2
SA12 1303.750





Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1294.25
1313.75 SE3

SE1 Filled

Filled 1299.75 SE1

Position: -1







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1285.25
1307.75 SE2

New Working Orders

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1279.25
1299.75 SE1

Good Morning FB 2.0 Emini / SP500

We enter the day flat; no position. New working orders will be posted shortly after the opening.

Wednesday, March 12, 2008

3.12.08 Settlement Fb 2.0 Emini / SP500


Trade Date:






3/12/2008







EST
Buy
Sell

Position Time Type Price Average Price Type P/L








-2 9:30


1323.75 close
-3 11:09

1325.42 1328.75 SE3
-2 12:50 BF1 1323.25


$166.50
-1 2:01 BF2 1317.25


$408.50

3:40 BF3 1310.25


$758.50





















9.88%
$1,333.50

Summary:

Today's P/L was $1333.50; for a 9.88% gain.

We entered the day short 2. We sold an additional one midday and bought a total of all three back before the close.

BF3 Filled

We are flat; no position. There will be no further orders into the close.

Filled 1310.25 BF3

Position: -







Working Orders:



Buy
Sell
Type Price
Price Type





BE2 Filled

Filled 1317.25 BF2

Position: -1
1325.420 SA





Working Orders:



Buy
Sell
Type Price
Price Type
BF3 1310.25
1330.75 SE2

BF1 Filled

Filled 1322.25 BF1

Position: -2
1325.420 SA123





Working Orders:



Buy
Sell
Type Price
Price Type
BF2 1317.25
1330.75 SE3





BE3 Filled

Filled 1328.75 SE3

Position: -3
1325.420 SA123





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1322.25


BE3 Filled

Filled 1328.75 SE3

Position: -3
1325.420 SA123





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1322.25


New Working Orders

Position: -2
1323.750 close





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1314.25
1328.75 SE3

Good Morning FB 2.0 Emini / SP500

We enter the day short 2. New working orders below:

Position: -2
1323.750 close





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1315.25







Tuesday, March 11, 2008

3.11.08 4.15 Settlement


Trade Date:






3/11/2008







EST
Buy
Sell

Position Time Type Price Average Price Type P/L








1 9:30 close 1276.00



0 9:31


1303.75 SF1 $1,387.50
1 11:50 BE1 1289.25



0 2:05


1301.75 SF1 $625.00
-1 2:49


1308.75 SE1
-2


1312.25 1315.75 SE2
-2 3:36 close 1323.75


-$1,150.00





















6.39%
$862.50

Summary:

Today's P/L was $862.50; for a 6.39% gain

We entered the day long and sold 1 after the open. We then bought 1 and sold 3.

We conclude the day short 2.

SE2 Filled

Filled 1315.75 SE2

Position: -2
1312.250 SA12





Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1306.25


SE1 Filled

Filled 1308.75 SE1

Position: -1







Working Orders:



Buy
Sell
Type Price
Price Type
BF1 1297.25
1315.75 SE2





SF1 Filled

Filled 1301.75 SF1

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1282.25
1308.75 SE1

New SF1






Position: 1







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1282.25
1201.75 SF1

BE1 Filled

Filled 1289.25 BE1

Position: 1







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1282.25
1302.75 SF1





New Working Orders

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1289.25
1203.75 SE1

SF1 Filled

Filled 1303.75 SF1

Position: 0







Working Orders:



Buy
Sell
Type Price
Price Type
BE1 1294.25
1309.75 SE1

Good Morning FB 2.0 Emini / SP500

We enter the day long 1. Working orders are below.

*Note: There are two working orders to sell this morning.


Position: 1
1276.000 close





Working Orders:



Buy
Sell
Type Price
Price Type



1302.75 SF1



1309.75 SE1

Monday, March 10, 2008

3.10.08 Settlement


Trade Date:






3/10/2008







EST
Buy
Sell

Position Time Type Price Average Price Type P/L








2 9:30 close 1293.00



3 6:57 BE3 1285.25 1289.13


2



1276.00 Close -$656.50
1



1276.00 Close -$656.50
1



1276.00 close -$656.50





























-14.59%
-$1,969.50

Summary:

Today's P/L -$1969.50; for a 14.59% loss


We came in long 2. We bought one in the morning. Sold 2 on the close.

We conclude the day long one.

Filled Closing Orders

Filled 1276.00 Close 2

Position: 1
1289.125 close





Working Orders:



Buy
Sell
Type Price
Price Type





New Working Orders into the 4:15 close

The following are the new working orders. If they are not filled, we will sell at 4:15 to remain the day long 1. There will be 2 contracts sold before this close.

Position: 3
1289.125 close





Working Orders:



Buy
Sell
Type Price
Price Type



1277.75 SF1



1283.75 Sf2

BE3 Filled

Filled 1285.25 BE3

Position: 3
1289.125 close





Working Orders:



Buy
Sell
Type Price
Price Type



1290.75 SF1





New Working Orders

Position: 2
1293.000 close





Working Orders:



Buy
Sell
Type Price
Price Type
BE3 1285.25
1298.75 SF1





Good Morning FB 2.0 Emini / SP500

We enter the day long 2. New working orders are below.

Position: 2
1293.000 close





Working Orders:



Buy
Sell
Type Price
Price Type
BE3 1286.25
1300.75 SF1

==========================================

Thank You again for all the Emails. In the post below I have entered some quotes from other users of the FB 2.0 Trade. I hope you find them helpful.

If you have other ideas or ways you use the FB 2.0, please email me so I may pass them on to help others.

And thanks for the compliments too (I kept those to myself).

Barlow

FB 2.0 Trade Emini / SP500 How Others Use It

How the FB 2.0 is used by Others.

From Comments and Emails, we find that others use the FB 2.0 in different ways during their trading day. Below are some of the ways that we found interesting and may help others.

Buy and Sell Entries:

“I use the buy and sell entries that are posted; but I wait for a use the BE2 and SE2 for my first entry of the day. It get less trades a day, but that is fine with me.”

Increasing Scale:

“After watching the Fishbone for weeks on a daily basis, I changed it a bit to what I thought would be better for profits, What I do is buy 1 on BE1, then 2 on BE2, and 3 on BE3. This gives me a maximum position of 6 on the day and I find my buy average much better. I will email you with my results”

Confirmation:

“Thank you for posting the buy and sell levels. Although I have not traded the FB the way it is designed, I do use it daily. I have my own system and like to check your levels too. It is interesting; whenever we are on the same side and at the same level for entering the market… it is a good percentage trade. I go to your sight for confirmation of my numbers and it helps give me confidence in my trading.”

Exits strategy:

“The Fishbone has enhanced my trading. It is fascinating how the levels that picked during the day are market tops and bottoms. In my position, if I want to exit, I wait for one of your trigger points. It helps me stay in a good trade and catch the tops and bottoms of intra-day waves.”