Category: Trades

I took a small short position in corn. Stop is at 480 with a target of 440.

I have working orders in platinum and my stops for the Pound are at a breakeven point. I may go long the Nikkei again next week if I see some green bars.

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
6B	Short	9/5/23	1.2553		1.2383	1.35%
	Total Open Profit/Loss Futures					1.35%

The Nikkei might form a headshot doji. If I do not see follow through be end of today, I will close this position.

I am now flat. These are the types of trades that I look for when trading.
1- It is in a strong trend. Upwards in this case.
2- It formed a rectangle which is 2-3 months in duration within a tight range.
3- Its breakout was a continuation of the trend. Upwards in this case.
4- Its breakout corresponded to a 52-week high.

I rarely go bottom hunting but I believe Platinum is forming a rectangle that will break to the upside. I have my buy orders at 925 with a stop at 890. I plan to hold these for at least all of next week.

The Nikkei broke out of its channel. I am long with a stop at 32750 and a target of 35000.

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
6B	Short	9/5/23	1.2553		1.2464	0.71%
LE	Long	9/7/23	191.5		191	-0.26%
	Total Open Profit/Loss Futures					0.71%

I am long with a stop at 190 and a target of 196.

I pulled my crude buy orders. The market pulled away without me. I might consider going long on a pull back to the 83.5 level.

The Pound appears to put in a top. Stop is at 1.27 with a target of 1.21. The right shoulder is a little dragged out and sloppy, but the commercials are the shortest they have been in a long time.