Tuesday, December 06, 2005

System B posted a mixed day, ending virtually unchanged from where we closed it yesterday. The precious metals continue to make new highs, but copper seems to have bumped up against some strong resistance at 2.00. The other base metals continue to look strong, which should be good news for copper. Sugar ended the day down for a change, and the grains finally showed some weakness after a week of strength.

Our TNR model took 3 trades today in ES (that's a lot of trades for a Trending day) The late day fade caught us offsides (we were long) and we reversed short at 3:40 to catch the very tail end of the move. Net total loss for the day was -$171. Tomorrow is indicated as a neutral day for both ES and NQ.

Our 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 $8,032 50
@EC.P 0 $0 0
@CT.P 0 $0 0
@JY.P -1 $8,413 49
@GC.P 3 $17,410 61
@CD.P 2 -$80 1
@SI.P 1 $3,205 12
@C.P -4 $6,900 79
@HG.P 2 $34,250 129
@W.P -3 $2,538 26
@LB.P 0 $0 0
@S.P 0 $0 0
@ES 2 $1,350 10
@CL.P 0 $0 0
@YM 0 $0 0
@HO.P 0 $0 0
@NQ 0 $0 0











Total Open Trades
$82,017




Total Closed Trades $7,580




Total

$89,597



Good luck and good night!

5 Comments:

Anonymous Anonymous said...

Nice blog, gbeske. There's an interesting site about day trading education at day trading education.

2:33 AM  
Anonymous Anonymous said...

I have been following a site now for almost 2 years and I have found it to be both reliable and profitable. They post daily and their stock trades have been beating
the indexes easily.

Take a look at Wallstreetwinnersonline.com

RickJ

3:15 PM  
Anonymous Anonymous said...

Good info. Thanks.

Regards,

Mini-DOW Futures Daytrader
elliot wave

4:49 PM  
Anonymous Anonymous said...

Good info. Thanks.

Regards,

Emini Russell 2000 Futures Daytrader
trading knowledge

11:13 PM  
Anonymous Anonymous said...

Interesting reading... Keep up the good work...

Regards,
Emini Futures Day Trader
emini day trading

8:07 PM  

Post a Comment

<< Home