It seemed like a whole lotta nuthin' going on in the equities markets today - very little movement except right after the open and right before the close. Today's non-farm payroll report seemed to be the catalyst that the FX market was looking for to finally push the (spot) euro below 118.50. The conventional view is, now that barrier is gone, look out below. However, conventional views don't ever seem to be big money makers...

We aren't going to deviate from the plan, and the plan is not calling for shorting the Euro any time soon. System B had a decent day today, with substantial weakness in Gold being offset by gains in just about all other open positions. The grains reversed yesterdays moves, and continue their slow-motion collapse ahead of next week's USDA report.

Our contradictory TNR signals (trending day for ES and reversion day in NQ) resulted in a lackluster performance. ES had 2 trades, for a net loss of $64, and NQ had 3 trades, with a net gain of $156. Both markets showed very little movement, as noted earlier. However, we showed a total gain on the day of $92, which isn't much, but beats taking a loss! I've included this chart, showing how the signals and trades look on the TNR system - you can see it's pretty simple - this is a reversion day - on trending days we trade the breakouts.

Here are our open positions in System B - FYI, Gold is very close to our stop level at 454.66

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	$2,891	30
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	-1	$5,825	29		@GC.P	3	$1,960	41
@CD.P	2	$1,900	59		@SI.P	0	$0	0
@C.P	-4	$5,800	58		@HG.P	2	$20,750	109
@W.P	-3	$775	5		@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		$39,901

That's all for this week, have a great weekend!