Crude and the precious metals led the charge today, with Silver setting another 17 year high today. The metals rally continues to look healthy, with measured gains in both the precious and base metals occurring week after week.
Our CAD position started off strong today, and finished up on the day, while Sugar had it's first real down day since January 9th.
Finally, we are getting pretty close to our entry point on a short position in the 5 year treasury contract - If we get a decent down day, we will be sellers.
Our TNR model was looking for a reversion day in NQ today, and that is what we saw. Granted, it took almost all day for us to make any money, but the late day chop allowed us to pull out a net total gain of $216 on 2 trades. Tomorrow, TNR is calling for a Trending day in 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 | $11,827 | 86 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | $0 | 0 | |
@JY.P | 0 | $0 | 0 | @GC.P | 3 | $14,070 | 97 | |
@CD.P | 2 | $820 | 6 | @SI.P | 1 | $4,425 | 48 | |
@C.P | 0 | $0 | 0 | @HG.P | 2 | $9,375 | 165 | |
@W.P | 0 | $0 | 0 | @LB.P | 0 | $0 | 0 | |
@S.P | 0 | $0 | 0 | @ES | 2 | $3,375 | 47 | |
@CL.P | 1 | $1,900 | 8 | @YM | 0 | $0 | 0 | |
@HO.P | 0 | $0 | 0 | @NQ | 2 | $2,580 | 32 | |
Total Open Trades | $48,372 | |||||||
Total Closed Trades | -$8,440 | |||||||
Total | $39,932 |
Good luck, and have a great evening!
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