More of the same today, with precious metals continuing to trace out parabolic rallies. Bonds were off, basically giving up all of yesterday's gains. Sugar fell and energy rallied. Equities put in a consolidation day after yesterday's blow-off to the upside.
The Canadian dollar had an impressive run over the past 2 - 3 weeks, and we bought today's strength, getting long 3 contracts at the close. That position will be reflected in tomorrow's reports.
Our TNR model was calling for a reversion day in both contracts, and although that is what materialized, we were stopped out of our NQ long this morning at the low tick of the day for a $558 loss. Our ES position had 3 trades, making $379, for a net loss on the day of -$179. We are calling for a trending day in NQ tomorrow.
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 | $4,800 | 53 | @SB.P | 3 | $9,240 | 141 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | -$80 | 5 | |
@JY.P | -1 | -$738 | 51 | @GC.P | 3 | $32,190 | 152 | |
@CD.P | 0 | $0 | 0 | @SI.P | 1 | $27,755 | 103 | |
@C.P | 0 | $0 | 0 | @HG.P | 2 | $46,525 | 220 | |
@W.P | 0 | $0 | 0 | @LB.P | 0 | $0 | 0 | |
@S.P | -2 | -$1,100 | 11 | @ES | 2 | $5,025 | 103 | |
@CL.P | 1 | $1,770 | 2 | @YM | 3 | $1,090 | 24 | |
@HO.P | 1 | $4,710 | 6 | @NQ | 3 | -$365 | 9 | |
Total Open Trades | $130,822 | |||||||
Total Closed Trades | -$20,145 | |||||||
Total | $110,677 |
Good luck and have a great evening!
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