As I mentioned on Friday's post, I expect to see some volatility in our results over the next few weeks as the market digests some of the massive moves going on in Energy, Currencies, Metals and the like. Silver had another dismal day today, again losing more than $2.00 per oz. We are hovering right above our stop level for Silver (11.511 on the May contract). Gold and Copper seem to have held in a bit better.
We exited our Short Japanese Yen position today at the close. The weakness being seen in the dollar based on dovish comments by the Fed proved to be insurmountable for the time being. That position will be reflected in tomorrow's reports.
Our TNR model called for a reversion trade in NQ today, and we netted $294 on two trades. Tomorrow we are calling for a Trending day in both ES and NQ.
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 | $4,675 | 56 | @SB.P | 3 | $9,072 | 144 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | $2,680 | 8 | |
@JY.P | -1 | -$3,413 | 54 | @GC.P | 3 | $28,560 | 155 | |
@CD.P | 3 | -$320 | 3 | @SI.P | 1 | $7,670 | 106 | |
@C.P | 0 | $0 | 0 | @HG.P | 2 | $55,550 | 223 | |
@W.P | 0 | $0 | 0 | @LB.P | 0 | $0 | 0 | |
@S.P | -2 | -$1,125 | 14 | @ES | 2 | $4,950 | 106 | |
@CL.P | 1 | $980 | 5 | @YM | 3 | $2,260 | 28 | |
@HO.P | 1 | $3,425 | 9 | @NQ | 3 | -$1,745 | 12 | |
Total Open Trades | $113,219 | |||||||
Total Closed Trades | -$20,145 | |||||||
Total | $93,074 |
Good luck, and have a great weekend.
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