STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
LPG | Long | 6/2/23 | 23.5 | 26.41 | 12.38% | |
Total Open Profit/Loss Stocks | 12.38% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
ES | Long | 6/2/23 | 4285 | 4460.25 | 4.09% | |
Total Open Profit/Loss Futures | 4.09% |
Author: s4k
Yen Pattern Completed
I am now flat.
10-Year Pattern Completed
I am flat.
Short 10-Year
I am short with a stop at 113’005 and a target of 110’165.
Full Retracement for New Crop Corn
I was once told by a grain commodity trader that corn bull markets end a week before the 4th of July holiday.
Positions Going Into Weekend
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
LPG | Long | 6/2/23 | 23.5 | 24.3 | 3.40% | |
Total Open Profit/Loss Stocks | 3.40% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
6C | Long | 6/15/23 | 0.75555 | 0.75905 | 0.46% | |
6J | Short | 5/19/23 | 0.007266 | 0.00705 | 3.00% | |
ES | Long | 6/2/23 | 4285 | 4389.75 | 2.44% | |
HE | Long | 6/16/23 | 80.8 | 82 | 1.49% | |
Total Open Profit/Loss Futures | 7.39% |
Position Update
I am now flat corn. The last of my stops were at the 613 level. I got stopped out overnight. This is probably the end of corns bull move.
I had my stops for heating oil moved to a break even. I got stopped out yesterday. Based on today’s price action I have no interest in going long again.
I am flat the SOFR contract.
My stops for the Candian Dollar, SP500 and LPG have been moved to lock in profits.
Long Heating Oil
I am long with a stop at 2.36 and a target of 2.64.
Possible Trade-Gas
Gas looks like it is going to test the upper boundary of its rectangle. I got snookered twice this year trying to trade this market. I will be looking for a closing above 2.65 before going long. I am tempted to go long with a pull back to the 2.47 level.
Alternatively, I may trade the UGA ETF instead of the highly leveraged future contract.
Positions Going Into Weekend
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
LPG | Long | 6/2/23 | 23.5 | 24.47 | 4.13% | |
Total Open Profit/Loss Stocks | 4.13% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
6C | Long | 6/15/23 | 0.75555 | 0.75875 | 0.42% | |
6J | Short | 5/19/23 | 0.007266 | 0.00715 | 1.61% | |
ES | Long | 6/2/23 | 4285 | 4457.5 | 4.03% | |
HE | Long | 6/16/23 | 80.8 | 80.825 | 0.03% | |
SR3 | Short | 5/23/23 | 95.77 | 95.105 | 0.69% | |
ZC | Long | 6/14/23 | 544 | 593.75 | 9.15% | |
Total Open Profit/Loss Futures | 15.93% |