Thursday, April 27, 2006

Equities and bonds saw a bit of a bid today after Bernanke's Congressional testimony indicated that the Fed may pause after one more rate hike. Needless to say, the dollar was hit pretty hard on that news. Most of the other commodities we track lost some ground as well, with Energy leading the way.

Our TNR model got caught on the wrong side of the Bernanke rally, and we hit our money management stops in both contracts for a net loss of -$1090 on the day. Tomorrow we are calling for a reversion day in both contracts.

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 -2 -$294 2
@KC.P 0 $0 0
@FV.P -4 $5,550 59
@SB.P 3 $8,232 147
@EC.P 0 $0 0
@CT.P 0 $4,720 11
@JY.P 0 $0 0
@GC.P 3 $32,280 158
@CD.P 3 $2,770 6
@SI.P 1 $16,860 109
@C.P 0 $0 0
@HG.P 2 $63,000 226
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P 0 $0 0
@ES 2 $5,000 109
@CL.P 1 -$1,380 8
@YM 3 $1,345 31
@HO.P 1 $1,451 12
@NQ 3 -$1,385 15











Total Open Trades
$138,149




Total Closed Trades -$23,758




Total

$114,391



Good luck and have a great evening!

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