This is starting to sound like a broken record, but its a broken record I enjoy hearing... System B posted another great day today. Gold lead the charge upward, with a decent rally sparked in part by some latent concern over Bernanke's inflation comments to congress yesterday. Also, Platinum and Palladium have been on a rocket ship trajectory recently, and it seems Gold (and Silver for that matter) are trying to tag along.
Copper is clearly our best performing open trade, and we've been in the trade for 117 days. For those of you not following copper, here is a chart of what a great trending market looks like:
We have a new position - Silver - and we went long one contract at the close today @8.005 - This position will show up on tomorrow's report.
Our other positions:
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 | $4,773 | 38 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | $0 | 0 | |
@JY.P | -1 | $6,688 | 36 | @GC.P | 3 | $8,320 | 49 | |
@CD.P | 0 | $0 | 0 | @SI.P | 0 | $0 | 0 | |
@C.P | -4 | $6,350 | 66 | @HG.P | 2 | $25,200 | 117 | |
@W.P | -3 | $1,450 | 13 | @LB.P | 0 | $0 | 0 | |
@S.P | 0 | $0 | 0 | @ES | 0 | $0 | 0 | |
@CL.P | 0 | $0 | 0 | @YM | 0 | $0 | 0 | |
@HO.P | 0 | $0 | 0 | @NQ | 0 | $0 | 0 | |
Total Open Trades | $52,780 | |||||||
Total Closed Trades | $7,580 | |||||||
Total | $60,360 |
Our TNR model was inactive today, showing a Neutral day. However, tomorrow is set up for a trend day in both ES and NQ.
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