Thursday, June 08, 2006

Another tough day for the metals - lets see if we get some kind of a bounceback going into the weekend. It seems like everything that has been strong is kind of weak, and the laggards are rallying... and our account equity is suffering! The stronger dollar certainly has something to do with all this, we'll have to see how much more strength is still there.

We finally exited our Gold long position (a day after Silver), selling 3 contracts at the close. That position will be reflected in tomorrow's reports.

Our TNR model was calling for a reversion day in ES, and we caught the opening chop nicely, but then were stopped out on the morning sell-off. Net total on the day we made $39 on 3 trades... I guess it beats a loss! 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 -$1,356 31
@KC.P 0 $663 7
@FV.P -4 $5,050 88 @SB.P 3 $0 0
@EC.P 0 $0 0 @CT.P 0 $1,615 40
@JY.P 0 $0 0
@GC.P 3 $23,520 187
@CD.P 3 $2,530 35 @SI.P 1 $0 0
@C.P 0 $0 0 @HG.P 2 $67,850 255
@W.P 0 $0 0
@LB.P 0 $1,527 13
@S.P 0 $0 0 @ES 2 $0 0
@CL.P 0 $0 0 @YM 0 $0 0
@HO.P 1 $312 41 @NQ 0 $0 0











Total Open Trades
$101,711




Total Closed Trades -$17,530




Total

$84,181



Good luck, and have a great evening!

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