Wednesday, January 11, 2006

The equity markets keep on chugging, squeezing out small but steady gains each day. Gold closed above $550/oz again today, and who knows... maybe we'll be able to keep these levels! It was a good day for our model, with gains in all our positions except Copper. The CAD rallied on a potential Tory victory in Canada, Sugar gained a small amount on the day, and of course, the equity indexes finished the day in positive territory.

Our TNR model was looking for a Trending day in NQ, and that is what we saw. We initally went short, but reversed long at 10:30 and rode it all the way until 4:00. Net total profit on the day was $144. We are, of course, thankful for any gain - a little here, a little there, and pretty soon you're talking about real money!

The TNR model is in Neutral for both ES and NQ 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 $101 67
@EC.P 0 $0 0 @CT.P 0 $0 0
@JY.P 0 $0 0
@GC.P 3 $9,360 78
@CD.P 2 $520 18 @SI.P 1 $875 29
@C.P 0 $0 0 @HG.P 2 $2,650 146
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0 @ES 2 $4,500 28
@CL.P 0 $0 0 @YM 0 $0 0
@HO.P 0 $0 0 @NQ 2 $4,480 13











Total Open Trades
$22,486




Total Closed Trades -$4,500




Total

$17,986


Good luck, and have a great evening!

1 Comments:

Anonymous Anonymous said...

An interesting read...

Regards,
emini trading education
emini trading education

8:42 AM  

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