Monday, June 6, 2011

Been busy last week and haven't had time to post.


Currencies
EUR 1
JPY 2
AUD 1
Indicies
TF 1
Bonds
ZB 3
Energy
Natural Gas 1
Metals
Palladium 1
Platinium 1
Copper -1
Gold 1
Meat
Feeder Cattle -2
Grains
Corn 1
Soybeans 2
Softs
Milk III 1
Cocoa -3
Lumber -1

Dollar looks to be dropping, hell of a time to be long currencies. Yen looking veyr promising as finally some proper movement after long period of consolidation. Alot of so-so trades that I am holding on and waiting to see what happens. Will be more detailed tomorrow.

Thursday, June 2, 2011

Been rather busy these few days, have not been able to update positions.

Overall, portfolio's been rising and making good money. I sense markets changing into much tradeable markets and am pretty excited about milking it.

Positions have not changed much, will update accordingly tomorrow.

Thursday, May 26, 2011

Currencies
CHF 1
AUD 1
Bonds
ZB 2
Metals
Palladium 1
Gold 2
Meat
Lean Hogs -2
Grains
Corn 1
Soybeans 1
Soybean Oil 1
Softs
Milk III 2
Cocoa -1
CT 1

Currencies looking poised to resume uptrend, with AUD showing a nice setup. Bonds and palladium as well. Holding on to the rest of my positions.

Trading is super boring now. Not in the sense of markets, but in sense that I am merely just executing orders. I guess this is good news!

Wednesday, May 25, 2011

Currencies
CHF 1
Energy
Metals
Gold 2
Meat
Lean Hogs -2
Grains
Corn 1
Soybeans 1
Softs
Milk III 2
Cocoa -1
Sugar -1
CT 1


Got out of stocks for a small loss, getting whipsawed the hell out of me these past few days. But oh well. Currencies exited for a loss as well, and turning long on CHF. Grains looks to be picking up and will be holding on to it. Gold looking fine, but can see slow down in momentum. Not that good a sign, took 1 lot off. Nothing much done for today. Market has been slow and quiet.
Today, I caught myself thinking about how much I must recover in order to turn a profit. That's bad. It leads one to even entertain the thought of doing something stupid and potentially hugely destructive.

Note to self: Focus on the moment. Instead of thinking about making it all back, think about making good trades day after day.

Tuesday, May 24, 2011

Currencies
EUR -1
GBP -1
Equities
ES -1
TF -1
Energy
Metals
Gold 2
Meat
Lean Hogs -2
Grains
Corn 1
Soybeans 1
Softs
Milk III 2
Cocoa -1
Sugar -1
CT 1

ES showing a small profit, movement shows down side more likely to happen. Added 1 TF short. Holding on to currencies, yesterday's movements should be a small rally.

Grains not showing good short term strength but trend and ML still there, shall hold for another day and see what happens.

Palladium got stopped out yesterday for a small loss. Gold doing nicely and looking to buy breakout of 1528. Was considering silver, but risk too big as it is very volatile. Good to consider risk before initiating position.

Took profits in Feeder Cattle. Very good profits. Holding on to Lean Hogs as down side movement looks to be accelerating.

Sugar stagnant but if down today could set up nice move. CT moving higher and good chance move up could continue.



Best of luck everyone!

Monday, May 23, 2011

Currencies all looks to have turned, with Euro and GBP leading the way. ML solidly down and SL turning. Took a short position in EUR and GBP.



Problem with trend trading is you get a lot of whipsaw, saw that happening earlier in stocks and now in NG. But well, that's the price we pay to trade properly. S&P looks like a good short now with prices below the 50 SMA and ML and SL pointing downwards.

Meats doing extremely well, everything is solidly down. Took 1 lot of feeder cattle and added one to lean hogs.



Trimmed down my positions in grains, holding on to long corn and soybeans. Looks extended and as Chick says, now is seasonally weak period for grains so rather dangerous. Should corn drop tomorrow, needless to say, I am out.

Palladium looks like a good short, with a tight stop at 741. should prices fall today, could set SL off to a long decline which obviously, will have been led by prices.

Sugar looking good, but will not add on to position now, maybe tomorrow. Recent price movements very funny to me.

Currencies
EUR -1
GBP -1
Equities
ES -1
Energy
Metals
Gold 2
Palladium -1
Meat
Lean Hogs -2
Feeder Cattle -1
Grains
Corn 1
Soybeans 1
Softs
Milk III 2
Cocoa -1
Sugar -1