Friday, April 21, 2006


We saw a bit of a bounce back in the precious metals today, but Silver is still well below its impressive high set on Wednesday. Copper had a strong rally today as well, closing the week at a new high.

In other markets, our Cotton and Sugar trades continue to do well, but our currency trades don't seem to be panning out. Crude oil and Heating oil both ended the week at new highs, with covering from nervous traders driving up prices ahead of the weekend. As the charts show, our Open Equity curve for System B continues to grow at a torrid pace, but I expect to see some volatility creep into the picture as the markets in general get whipsawed on a day to day basis.

Our TNR model made some money on the NQ selloff today, netting $879 on two trades. We are calling for a Reversion day in NQ on Monday, and a Neutral day in ES.

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 $5,050 55 @SB.P 3 $9,610 143
@EC.P 0 $0 0 @CT.P 0 $2,065 7
@JY.P -1 -$1,163 53
@GC.P 3 $32,040 154
@CD.P 3 -$800 2 @SI.P 1 $19,970 105
@C.P 0 $0 0 @HG.P 2 $55,575 222
@W.P 0 $0 0
@LB.P 0 $0 0
@S.P -2 -$675 13 @ES 2 $5,200 105
@CL.P 1 $2,820 4 @YM 3 $2,110 26
@HO.P 1 $5,294 8 @NQ 3 -$1,895 11











Total Open Trades
$135,201




Total Closed Trades -$20,145




Total

$115,056



Good luck, and have a fantastic weekend!

0 Comments:

Post a Comment

<< Home