I had my stops moved to a breakeven point this morning on gas based on price action. The afternoon rally knocked me out.
I also got stopped out of silver for a small loss.
I had my stops moved to a breakeven point this morning on gas based on price action. The afternoon rally knocked me out.
I also got stopped out of silver for a small loss.
My stops for silver have been jammed to yesterday’s low (20.975).
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
AEM | Long | 11/11/22 | 47.5 | 47.73 | 0.5% | |
Total Open Profit/Loss Stocks | 0.5% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
RB | Short | 11/18/22 | 2.35 | 2.3528 | -0.1% | |
SI | Long | 11/8/22 | 21.55 | 21.16 | -1.8% | |
Total Open Profit/Loss Futures | -1.9% |
Gas completed a head and shoulder failure today.
Update: I am short at 2.35 with my stops placed 2.4 and a target of 1.9.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
AEM | Long | 11/11/22 | 47.5 | 48.8 | 2.7% | |
Total Open Profit/Loss Stocks | 2.7% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
SI | Long | 11/8/22 | 21.55 | 21.895 | 1.6% | |
Total Open Profit/Loss Futures | 1.6% |
I took a small long position in AEM. Stop is at 45 with a target of 55.
I rarely trade symmetrical triangles let only reverse symmetrical triangles. I was tempted to take this trade because of the strong breakout but did not pull the trigger.
Both completed a head and shoulder bottom.
I am long silver with a stop at 20.5 and a target of 25.
I am long the Canadian Dollar with a stop at .73827 and at target of .765.
My stops are moved to break even.
I am long Gas (January Contract) with a stop at 2.51 and a target of 3.
I closed my position in Cattle for a loss. I currently have no other open positions.