Our brand new Soybean position moved in our favor today, selling off on continued concerns about the massive shift from Corn to Soybeans reflected in the USDA report, and the generally favorable rains that the central part of the country has been receiving over the past week.
Equities had a decent showing, but other than that all the rest of our positions gave up some of the gains that we saw yesterday. We continue to watch Cotton and Coffee, looking to get short if continued weakness persists.
Our TNR model called for a Reversion day in ES and a Trending day in NQ, and we made a little money on both... NQ from the long side, and ES trading the morning chop. Net total gains on the day were $514. Tomorrow we are again calling for a reversion day in ES and a trending day in 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 | $3,925 | 43 | @SB.P | 3 | $11,021 | 131 | |
@EC.P | 0 | $0 | 0 | @CT.P | 0 | $0 | 0 | |
@JY.P | -1 | -$825 | 41 | @GC.P | 3 | $18,570 | 142 | |
@CD.P | 0 | $0 | 0 | @SI.P | 1 | $13,795 | 93 | |
@C.P | 0 | $0 | 0 | @HG.P | 2 | $25,325 | 210 | |
@W.P | 0 | $0 | 0 | @LB.P | 0 | $4,450 | 93 | |
@S.P | -2 | $425 | 1 | @ES | 2 | -$160 | 14 | |
@CL.P | 0 | $0 | 0 | @YM | 0 | $355 | 0 | |
@HO.P | 0 | $0 | 0 | @NQ | ||||
Total Open Trades | $76,881 | |||||||
Total Closed Trades | -$20,145 | |||||||
Total | $56,736 |
Good luck and have a great evening!
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