All things considered, the first week of April turned out to be pretty good to us. Today, the Gold gave back some of it's impressive gains from earlier in the week, while equities and bonds slumped after the strong non-farms payroll data. Soybeans also ended the week on a weak note, as did the Yen and Sugar. On the plus side, Silver and Copper both closed up today, but in general, we saw across the board weakness for the futures markets today.
Our TNR model called for a Trending day in NQ today, and for once it worked as we hoped. We had one trade, going short 3 contracts at 10:10 and riding it all the way down to the close. We posted a net gain of $1152 on that one trade. Monday we are calling for a Reversion day in both ES and NQ.
I will be on vacation next week, so posting will be limited. However, I will try to update the site whenever I get a chance.
Our open 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 | $4,925 | 44 | @SB.P | 3 | $8,198 | 132 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | $0 | 0 | |
@JY.P | -1 | $113 | 42 | @GC.P | 3 | $17,910 | 143 | |
@CD.P | 0 | $0 | 0 | @SI.P | 1 | $15,320 | 94 | |
@C.P | 0 | $0 | 0 | @HG.P | 2 | $32,075 | 211 | |
@W.P | 0 | $0 | 0 | @LB.P | 0 | $0 | 0 | |
@S.P | -2 | $525 | 2 | @ES | 2 | $3,850 | 94 | |
@CL.P | 0 | $0 | 0 | @YM | 3 | -$905 | 16 | |
@HO.P | 0 | $0 | 0 | @NQ | 0 | -$770 | 0 | |
Total Open Trades | $81,241 | |||||||
Total Closed Trades | -$20,145 | |||||||
Total | $61,096 |
Good luck, and have a great weekend!
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