Wednesday, January 04, 2006

Copper and CAD helped us out today, with both contracts showing strength that wasn't really there yesterday. Gold continued higher, but Silver showed some consolidation after yesterday's run up. The big news, however, was Sugar, which exploded higher after yesterday's suprisingly strong sell-off. Sugar rallied almost 60 cents from yesterday's close, and at it's high was 90 cents above yesterday's lows - that is almost a 6% rally in the space of 24 hours. Who would have guessed that Sugar was such an exciting market?!

Our TNR model called for a reversion day in both ES and NQ, and that is basically what we got. However, we lost money on our ES trades and made money on our NQ trades. Net total for the day, we lost $76. The model is calling for a neutral day in both contracts tomorrow.

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 $638 67
@EC.P 0 $0 0 @CT.P 0 $0 0
@JY.P -1 -$1,775 66
@GC.P 3 $5,010 78
@CD.P 2 $2,320 18 @SI.P 1 $1,400 29
@C.P -4 -$4,600 96 @HG.P 2 $2,775 146
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0 @ES 2 $2,575 28
@CL.P 0 $0 0 @YM 0 $0 0
@HO.P 0 $0 0 @NQ 2 $2,160 13











Total Open Trades
$10,503




Total Closed Trades -$1,050




Total

$9,453



Good luck, and have a great evening!

3 Comments:

Anonymous Anonymous said...

Good info. Thanks.

Regards,

Emini Futures Daytrader
mini dow

8:03 PM  
Anonymous Anonymous said...

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Regards,

Mini-DOW Futures Daytrader
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1:33 AM  
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