4.7.08 4.15 Settlement

Trade Date:
4/7/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-1	9:30				1372.00	close
-2				1380.75	1388.75	SE2
-1	2:35	BF1	1375.25				$275.00
-1	4:15	Close	1372.25				$425.00
						5.19%	$700.00

Summary:

Today's P/L is $700.00; for a 5.19% gain.

We entered the day short (-1).

We sold and bought 1 intraday.

We conclude the day short 1.

BF1 Filled

Filled	1375.25	BF1		June Emini
Position:	-1		1380.750	SA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
1368.25	BF2		1387.75	SE2

SE2 Filled

Filled	1388.75	SE2		June Emini
Position:	-2		1380.750	SA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
1375.25	BF1		1388.75	SE2

Good Morning Emini/Sp500

We enter the day short (-1). Working Orders are below.

Position:	-1		1372.000	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
1373.25	BF1		1388.75	SE2

4.4.08 4.15 Settlement

Trade Date:
4/4/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-2	9:30				1373.25	close
-1	9:41	BF1	1368.25				$250.00
-2	12:38			1376.000	1378.75	SE2
-1	4:15	Close	1372.00				$200.00
-1	4:15	Close	1372.00				$200.00
						4.81%	$650.00

Today's P/L is $650.00; for a 4.81% gain.

We entered the day short (-2).

We bought and sold 1 during the day.

We conclude the day short (-1).

Buy at 4.15 Close Filled

Filled	1372.00	Buy at Close		June Emini
Position:	-1		1376.000	SA12

Today's Chat

It was a pleasure chatting with you (3) today. There were 2 chats that I did not get to.

I will do it again next Friday from 12:00 - 1:00pm EST.

Thank you for participating and I look forward to chatting with others next week.

Remember that you can always email me at: j.barlow.smith@gmail.com

Barlow

SE2 Filled

Filled	1378.75	SE2		June Emini
Position:	-2		1376.000	SA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF2	1365.25		1385.75	SE3

New Working Orders

Position:	-1		1373.250	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF2	1365.25		1378.75	SE2

BF1 Filled

Filled	1368.25	BF1		June Emini
Position:	-1		1373.250	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF2	1360.25		1381.75	SE2

Good Morning Emini/SP500

We enter today short (-2). Working orders below:

Position:	-2		1373.250	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1368.25

Chat with - J Barlow Smith

I have added a new feature on the left Sidebar of this Blog.

It is a Google chat widget for any viewer that wishes to chat with me. I tested it our yesterday and it worked fine... it private (not a group conversation). Let's Give it a try today and see how it goes.

I will be available to chat today at 12:00 EST (noon).

Stop by then!

Barlow

Can you tell us your secret?

I get many emails from viewers of this FB 2.0 Blog. Since many of the questions are similar, I thought that I might answer them here to help others.

Here is an email from Keith (my comments in red):

===

Hi Barlow,

I've been reading your posts ( along with ganns) and had a couple of questions that I was hoping you could find time to answer a couple of questions for a noob.

Gannfann is a technical trader that has recently started a new Blog. I have personally had the chance to have conversations with him and would recommend him and his Blog to anyone that wishes to learn more about trading.

In addition to Gannfann's market prowess, he is a very nice man and always takes the time to explain and teach in a responsible manner.

You can see Gannfann's Blog here: http://blog.stockmarketharmony.com/

The first was about the fishbone trade. Are there any plans to release the way the entry and exit points are chosen?

Keith, there are no plans to release how the entry and exit points are chosen. The FB 2.0 Trade (Fishbone) is a proprietary trade owned by The Saxon Institute. The Saxon Institute has developed many trades and uses them on a daily basis.

The second is I'm new to the trading of futures (and active trading in general). I was wondering if you had any suggestions on what I should focus on learning. I've been following ganns blog and yours, however its hard to figure out why points are chosen for entry or exit. I've been reading and playing with charts, too. I'm wondering if there's something else I should be looking at or trying to pick up.

Thanks for your time.

Keith

Keith, you are doing the right thing now. Watching other traders is certainly a great starting point. The Saxon Institute is opening a new Blog soon (I hope next week), for the purpose of helping traders like yourself. The new blog will have daily content that is educational and informational and will be my best work.

Thank you for your email Keith and stop back often.

Barlow

4.3.08 4.15 Settlement

Trade Date:
4/3/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-2	9:30				1370.50	close
-3	12:44			1370.83	1371.75
-2	4:15	BF1	1373.25				-$121.00
-2	4:15	Close	1373.25				-$242.00
						-2.69%	-$363.00

Today's P/L is -$363.00; for a 2.69% loss.

We entered the day short (-2).

We sold 1 during the day and bought 1 on the close.

We conclude the day short (-2).

4:15 Closing Order Filled

Filled	1373.25	BF1		June Emini
Position:	-2		1370.830	SA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type

Working Orders into 4:15 Close

We are short (-3) at this time. Working orders into the close are below. If 1366.25 is not filled; we will buy 1 at the close to conclude the day short (-2).

Position:	-3		1370.830	SA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1366.25
BF2	1361.25

SE3 Filled

Filled	1371.75	BF1		June Emini
Position:	-3		1370.830	SA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1366.25

New Working Orders

Position:	-2		1370.500	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1358.25		1371.75	SE3

Good Morning Emini/Sp500

We enter the day short (-2). Working orders below.

Position:	-2		1370.500	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1358.25

4.02.08 4.15 Settlement

Trade Date:
4/2/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
-3	9:30				1370.25	close
-2	2:49	BF1	1366.25				$200.00
-2	4:15	close	1370.50				-$25.00
						1.30%	$175.00

Summary:

Today's P/L is $175.00; for a 1.3% gain.

We entered the day short (-3)

We bought 1 during the day.

We conclude the day short (-2).

BF1 Filled

Filled	1366.25	BF1		June Emini
Position:	-2		1370.250	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF2	1359.25		1372.75	SE3

New Working Orders

Position:	-3		1370.250	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1366.25

Good Morning

We enter the day short (-3). Working Orders below.

Position:	-3		1370.250	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1362.25

4.1.08 4.15 Settlement

Trade Date:
4/1/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
2	9:30	Close	1324.00
1					1339.75	SF1	$787.50
0					1345.75	SF2	$1,050.00
-1					1352.75	SE1
-2				1356.25	1359.75	SE2
-3				1359.42	1365.75	SE3
-3	4:15	Close	1370.25				-$1,624.50
						1.58%	$213.00

Summary:

Today's P/L is $213.00; for a 1.58% gain.

We entered the day long 2.

We sold 5 throughout the day.

We conclude the day short (-3).

SE3 Filled

Filled	1365.75	SE3		June Emini
Position:	-3		1359.420	SA123
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1359.25

New working Orders

Position:	-2		1356.250	SA12
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1349.25		1365.75	SE3

SE2 Filled

Filled	1359.75	SE2		June Emini
Position:	-2		1356.250
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BF1	1352.25		1367.75	SE3

SE1 Filled

Filled	1352.75	SE1		June Emini
Position:	-1		1352.750
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1342.25		1359.75	SE2

SF2 Filled

Filled	1345.75	SF2		June Emini
Position:	0		1324.000	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE1	1333.25		1352.75	SE1

SF1 Filled

Position:	1		1324.000	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE2	1325.25		1345.75	SF2

Good Morning

We enter the day long 2. Working Orders Below:

Position:	2		1324.000	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
BE3	1325.25		1339.75	SF1

3.31.08 4.15 Settlement

Trade Date:
3/31/2008
	EST		Buy		Sell
Position	Time	Type	Price	Average	Price	Type	P/L
3	9:30	Close	1318.50
2	11:46				1325.75	SF1	$362.50
2	4:15				1324.00	close	$550.00
						6.76%	$912.50

Summary:

Today's P/L is $912.50; for a 6.76% gain.

We entered the day long 3.

We sold 1 in the morning.

We conclude the day long 2.
====================


SF1 Filled
===================

Filled	1325.75	SF1		June Emini
Position:	2		1318.500	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
SE3	1312.25		1332.75	SF2

New Working Orders

Position:	3		1318.500	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1325.75	SF1
			1332.75	SF2

Good Morning Emini / SP500

We enter the day long 3. Working orders are below:

Position:	3		1318.500	Close
Working Orders:
	Buy		Sell
Type	Price		Price	Type
			1323.75	SF1