The metals outperformed again today, with all three of the contracts we trade setting new highs. It doesn't seem like we can get much more of this before some sort of correction sets in... maybe once Gold hits $600?
Everything else seemed to work out in our favor today, with the exception of Yen (which opened much weaker, but strengthend throughout the day. The weakness in Soybeans is quite pronounced, and we sold 2 contracts short at the close. That position will show up on tomorrow's reports.
We were calling for a Trending day today in ES and NQ, and after reversing our morning long positions (for a loss) we went short into the close. We finished with a net profit of $185 on 4 trades. We are calling for a Reversion day tomorrow in ES and a Trending day in NQ.
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 | $4,175 | 42 | @SB.P | 3 | $12,264 | 130 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | $0 | 0 | |
@JY.P | -1 | -$575 | 40 | @GC.P | 3 | $19,680 | 141 | |
@CD.P | 0 | $0 | 0 | @SI.P | 1 | $13,970 | 92 | |
@C.P | 0 | $0 | 0 | @HG.P | 2 | $25,925 | 209 | |
@W.P | 0 | $0 | 0 | @LB.P | 0 | $0 | 0 | |
@S.P | 0 | $0 | 0 | @ES | 2 | $4,075 | 92 | |
@CL.P | 0 | $0 | 0 | @YM | 3 | -$830 | 13 | |
@HO.P | 0 | $0 | 0 | @NQ | 0 | $0 | 0 | |
Total Open Trades | $78,684 | |||||||
Total Closed Trades | -$20,145 | |||||||
Total | $58,539 |
Good luck, and have a great evening!
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