ISM Manufacturing

June 1, 2007

Contract: Mini Dow
Result: No Trade (went short after the number)

Prior: 54.7
Expected: 54
Actual: 55

I didn’t trade the number, I just watched to see what the market was going to do. As the dow made a double top on the 2min chart I went short at the top of the 30min opening range and rode it down to the bottom of the opening range. You can watch the trade live in the video.

Watch the video (27min long. Right click and Save As…)

Dow

ISM Dow


USA Non-Farm Payroll

June 1, 2007

Pair: Euro Futures
Result: No Trade

Prior: 88K (revised to 80K)
Expected: 131K
Actual: 157K

A small deviation of 26K, so a no trade for me. I wanted to see 50K deviation for a small position and 70K deviation for a larger position. The ES and YM moved more than the currency futures.

Watch the video

Euro

NonFarm Euro

ES

NonFarm ES

YM

NonFarm YM

DAX

NonFarm DAX

British Pound

NonFarm BP