KC wheat (September contract) is about to complete a cup and handle. I have my buy orders and will be going long with a stop at 1180.
Author: s4k
Soybean Meal-Took Profits
I took profits. I still hold a small short position.
Short Canadian Dollar
I am short with a stop at 0.77775 and a target of 0.73875.
Positions Going Into Weekend
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
Total Open Profit/Loss Stocks | ||||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
CLQ22 | Long | 5/6/22 | 106 | 107 | 0.94% | |
ZM | Short | 4/26/22 | 440 | 413.8 | 5.95% | |
Total Open Profit/Loss Futures | 6.9% |
Long Crude-Again
I am taking one more shot at the August 22 contract. Stop is at 104 with a target of 120.
Long Crude Oil
I am long crude(August 22). Stop is at 104.5 and target of 124.
Update:Got stopped out. This is the risk of not waiting until close to confirm a breakout.
Canadian Dollar
I decided to take a preemptive short position in the Canadian Dollar. Stop is at 0.78 with a target of 0.73.
Positions Going Into Weekend
I closed out my short positions in the Eurodollars and the 10-year for profits. I got stopped out of CINF for a break even trade. I still continue to risk small on US stock positions. For WMT, I have stops moved up to 152.5.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
WMT | Long | 4/6/22 | 155 | 153.55 | -0.9% | |
Total Open Profit/Loss Stocks | -0.9% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
RB | Long | 4/29/22 | 3.45 | 3.45 | 0.00% | |
ZM | Short | 4/26/22 | 440 | 431.7 | 1.89% | |
Total Open Profit/Loss Futures | 1.9% |
Long Gasoline
Gasoline completed an ascending triangle. I am long with a stop at 3.37 and a target of 3.89. I will be quick to bleed risk from this trade.
Short Soybean Meal
I took a short position. I decided to interpret this as a slanted neckline. Stop is at 450 with a target of 389.