The Yen completed a running wedge. Not something I usually trade but the chart looks like it wants to fall fast. I am short with a stop at 0.007371 and a target of 0.0068639.
Category: Trades
What Could Have Been
I got stopped out of the Nikkei 225 for a small gain last week. It has since done a 180 turn and went straight to its target.
Short the 30 Year
I took a short position in the 30-Year. Stop is at 130 with a target of 124.
New Positions
I am short copper with a stop at 3.8 and a target of 3.5.
I am short bitcoin with a stop at 38434 and a target of 22000.
I am short soybean meal again with a stop at 438 and a target of 399.
These are the only open positions I have going into the weekend.
Position Going Into Weekend
I had a 5% draw down this week. A lot of my positions went from large open profits to nothing very quickly in the past two days. I only have my short position in Oats open.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
Total Open Profit/Loss Stocks | N/A | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
ZO | Short | 4/27/23 | 317 | 327 | -3.15% | |
Total Open Profit/Loss Futures | -3.15% |
My account peaked at the 1st of the year. Since then, I have been in a draw down.
Of my last 34 trades, I have had only 3 winners.
Short Gas
I am short with a stop at 2.35 and a target of 2.
Short Soybean Oil
I took a short position with a stop at 54 and a target of 48.
Positions Going Into Weekend
My stops for NKD and ZW are at break even.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
Total Open Profit/Loss Stocks | N/A | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
NKD | Long | 4/14/23 | 28550 | 29025 | 1.66% | |
ZM | Short | 4/26/23 | 428 | 432.5 | -1.05% | |
ZO | Short | 4/27/23 | 317 | 313 | 1.26% | |
ZW | Short | 4/26/23 | 657 | 633.5 | 3.58% | |
Total Open Profit/Loss Futures | 5.45% |
Corn-Pattern Completed
Corn completed its pattern. I am flat.
Short Oats
I am short with a stop at 340 and target of 250.