Member Services: Stock Indices, Interest-Rates, & Currencies Daily Plan (Sample) |
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The report for the following day's trading plan will be posted on the website Monday - Friday (alt. Sunday) near 8:00pm CST.
Schad's Financial Markets "Plan of the Day" for Thursday, October 8th, 2009
WEDNESDAY'S CLOSING BELL RE-CAP
Trend-Following Highlights: We are trading based on the Day Session Open ("DSO") for most of these financial markets except e-mini EuroFX, and e-mini Japanese Yen. These two remain GLOBEX only markets which imply we use the night-session "GLOBEX" open and criteria for calculation of our trades. We're virtually in EACH market now so take a look at the individual instruction below..
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Market Overview: |
Entry: |
Exit: |
Option Protection: |
Max. Risk / Reward: |
Points: |
Profit / (Loss): |
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No |
Trade |
... |
... |
... |
... |
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No |
Trade |
... |
... |
... |
... |
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No |
Trade |
... |
... |
... |
... |
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No |
Trade |
... |
... |
... |
... |
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1.4754 |
Trade in Progress |
N/A |
N/A |
... |
... |
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1.1146 |
Trade in Progress |
N/A |
N/A |
... |
... |
~ Here's our plan for tomorrow and what will be recorded on the SCHAD Commodity historical track record. ~
"Click" on the specific contract below for its current chart!
CBOT & CME Interest-Rates:
#4 DEC 10-yr. T-NOTES (ZN1) - Trend is UP / No Position / If ZN1Z opens at/ABOVE XXX^00½, and trades down to XXX^00½, or trades ^00½/32nds - DSO, then take the following action whichever occurs first...
Action to take (T-Notes): N/A (Awaiting lower-risk trading conditions/change in trend) For the night session: N/APlace an order to sell back at XXX^00x to avoid exaggerated night moves. Once the day session opens, cancel/replace order to reflect DSO open.
#3 JUN EURODOLLARS (ED) - Trend is
UP / No Position / If EDM1 opens at/BELOW 99.10½, and trades up to 99.13½, or trades .04 points + DSO, then take the following action whichever occurs first...Action to take (Eurodollars): Buy long futures on a stop. If filled, exit this market .04 points - DSO. For the night session: N/A Place an order to sell back at 98.99x to avoid exaggerated night moves. Once the day session opens, cancel/replace order to reflect DSO open.
CME Stock Indices:
#5 DEC e-mini Russell INDEX (TF) - Trend is UP / No Position / If TFU (the big contract) opens at/ABOVE XXX.00, and trades down to XXX.00, or trades XX.00 points - DSO, then take the following action whichever occurs first...
Action to take (e-mini Russell): N/A (Awaiting lower-risk trading conditions/change in trend)
#1 DEC e-mini NASDAQ (NQ) - Trend is UP / No Position / If NDU (the big one; parent contract) opens at/ABOVE X,XXX.00, and trades down to X,XXX.00, or trades XX.00 points - DSO, then take the following action whichever occurs first...
Action to take (e-mini NASDAQ): N/A (Awaiting lower-risk trading conditions/change in trend)
CME (GLOBEX) Mini-Currencies: GLOBEX Open = 5:00pm CST, Sunday - Thursday
#6 DEC e-mini EURO-CURRENCY (E7) - Trend is UP / ...and we're LONG / If E7Z (the e-mini contract) opens at/ABOVE 1.4735, and trades down to 1.4732, or trades 105 points - GLOBEX Open, then take the following action whichever occurs first...
Action to take (mini-EuroFX): Sell back mini-futures on a stop. If filled, no re-entry.
#2 DEC e-mini JAPANESE YEN (J7) - Trend is UP
/ ...and we're LONG / If J7Z (the e-mini contract) opens at/ABOVE 1.1368, and trades down to 1.1365, or trades 110 points - GLOBEX Open, then take the following action whichever occurs first...Action to take (mini-JYen): Sell back mini-futures on a stop. If filled, no re-entry.
Please feel free to contact my office if any questions may arise, or a discrepancy noted! Respectfully, Brian
Brian Schad, President
"This publication is strictly the
opinion of its writer and is intended solely for informative purposes and is
not to be construed, under any circumstances, by implication or otherwise, as
an offer to sell or a solicitation to buy or trade in any commodities or
securities herein named. Information is obtained from sources believed to be
reliable, but is in no way guaranteed. No guarantee of any kind is implied or
possible where projections of future conditions are attempted.
Futures and options trading involve risk. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. In no event should the content of this market letter be construed as an express or an implied promise, guarantee or implication by or from SCHAD COMMODITY FUTURES & OPTIONS TRADING CORPORATION, or BRIAN SCHAD that you will profit or that losses can or will be limited in any manner whatsoever.
Extreme market conditions or other extenuating circumstances can substantially increase loss due to the inability to execute a "Stop Loss" order. Past results are no indication of future performance."
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