Author: s4k

I am long with a stop at 1480 and a target of 1625.

I closed out my long position in AEM for a decent profit.

I took a small short position in Bitcoin. Stop is at 18240 with a target of 10000. It completed a descending triangle a few weeks back and has been lingering around. Its retest today looks like bearish price action to me.

My stops are moved to a break even point.

I decided to take a short position in the SP500. Its bumping up against the upper channel. Stop is at 4120 with a 3600 target. This is a very small short position.

I exited the short KC wheat trade for a profit.

I got stopped out of soybeans for a loss. I will give this trade one more chance on the next breakout.

I got snookered again with the Swiss Franc. Late afternoon it winded up closing below the neckline. I may exit this trade Sunday night and take a break from looking at the Franc.

STOCKS
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
AEM	Long	11/11/22	47.5		51.48	8.4%
	Total Open Profit/Loss Stocks					8.4%
FUTURES
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
6S	Long	12/9/22	1.083		1.0826	0.0%
KE	Short	11/29/22	900		830.25	7.8%
ZS	Long	12/8/22	1500		1494.5	-0.4%
	Total Open Profit/Loss Futures					7.3%

Same stops and limits as before. Last shot at this trade.

Soybean Meal completed a rectangle pattern on Tuesday. I missed this trade, but this is a case example of a rectangle pattern. They are by far the most reliable patterns to trade. The best trades never look back after a breakout.