Tuesday, February 21, 2006

The Nigerian unrest seems to have increased interest in Crude, and perhaps the geopolitical implications have helped to bring in a bid for Gold and precious metals as well. Our holdings all performed well today, with the exception of our long position in the S&P futures. Sugar rallied right on cue with energy, and bonds sold off after the Fed minutes were released.

Our TNR model was indicating a trending day in ES and NQ but we were unable to enter our short positions until after the bulk of the morning sell-off was complete. We were whipsawed out of 2 trades for losses in NQ, and only small gains in ES. Net total for all trades we lost $523 today. Tomorrow we are calling for a reversion day in NQ and neutral for ES.

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 -4 $988 13 @SB.P 3 $10,080 101
@EC.P 0 $0 0 @CT.P 0 $0 0
@JY.P -1 -$263 11
@GC.P 3 $9,870 112
@CD.P 2 $520 21 @SI.P 1 $3,680 63
@C.P 0 $0 0 @HG.P 2 $10,925 180
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0 @ES 2 $550 0
@CL.P 0 $0 0 @YM 0 $0 0
@HO.P 0 $0 0 @NQ 2 $2,500 63











Total Open Trades
$38,850




Total Closed Trades -$12,400




Total

$26,450



Good luck, and have a great evening!

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