Tuesday, November 08, 2005

The euro slid again today on the back of continued unrest in France (and copycat violence in Germany and Belgium). Also, it appears that Warren Buffet is finally liquidating some of his long Euro position (A $15 or $20 billion position, according to reports). As a result, currency markets were somewhat tumultuous.

Our Canadian Dollar position hit it's stop level intraday, and although it rallied back strongly, we exited on the close.

Gold continued its good performance another day, which is even more impressive in the face of Dollar strength. Finally, the treasury market finished with what had to be its best performance in over a month, with the 30 year contract closing up over a point on the day.

Our TNR model was signaling trend day for both ES and NQ. We wound up with 2 trades in NQ and none in ES and our NQ trades netted us $144 on the day. The model is indicating a trend day again tomorrrow for both ES and NQ. That is the fourth straight trend day indication for ES and the third straight for NQ... This is the most consecutive days that I can remember, and indicates a lot of consolidation.

Contract ctrcts Open P/L days on
Contract ctrcts Open P/L days on









@US.P 0 $0 0
@NG.P 0 $0 0
@TY.P 0 $0 0
@KC.P 0 $0 0
@FV.P 0 $0 0
@SB.P 3 $1,950 32
@EC.P 0 $0 0
@CT.P 0 $0 0
@JY.P -1 $4,938 31
@GC.P 3 $3,280 43
@CD.P 2 $1,680 61
@SI.P 0 $0 0
@C.P -4 $5,850 60
@HG.P 2 $20,350 111
@W.P -3 $513 7
@LB.P 0 $0 0
@S.P 0 $0 0
@ES 0 $0 0
@CL.P 0 $0 0
@NQ 0 $0 0
@HO.P 0 $0 0
@YM 0 $0 0











Total Open Trades
$38,560




Total Closed Trades $6,100




Total

$44,660



Good luck and good night!

0 Comments:

Post a Comment

<< Home