Category: Trades

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.

I took a short position. I decided to interpret this as a slanted neckline. Stop is at 450 with a target of 389.

The energy markets look to be putting in a top. A break below 93.5 and I will be going short Crude Oil.

The wheat market is putting in a H&S bottom or a possible H&S failure. I will be going long with a break above 1150. At this point, I would rather be long wheat than short.

Soybean Meal is putting in a H&S top or a H&S Failure. I would rather be short Soybean Meal than long.

I moved stops to lock in a nice profit on the Eurodollars short.

I am still short the 10-year. I keep advancing my stops to lock in more profits. As of right now, this is my most profitable trade of the year. It broke down from the H&S failure pattern and never looked back. Its orderly decline bound by the 14DMA keeps me onboard this trade.

I had shorting the Pound on my radar. I got the notification in the middle of the night but I did not have any orders in. I will be looking to short any rally, IF it comes.

I closed the remainder of the Real position and got stopped out of the SP500 for a small loss.

STOCKS
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
AFG	Long	4/6/22	146		145.04	-0.7%
CINF	Long	3/18/22	130		137.26	5.3%
WMT	Long	4/6/22	155		157.38	1.5%
	Total Open Profit/Loss Stocks					6.1%
FUTURES
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
GEU22	Short	4/19/22	97.575		97.255	0.33%
LE	Long	4/21/22	151.375		151.08	-0.20%
ZN	Short	3/9/22	126.5625		118.95	6.01%
	Total Open Profit/Loss Futures					6.1%

I have buy limits at the 150.85 mark on the December contract. I will see where it opens tomorrow and possibly fill my orders at a higher price.
Update: I am now long.

I took a very, very small long position on the SP500.

The 4 hour chart shows a small H&S.

US stocks appear to be making head and shoulder patterns. Whether it is a H&S bottom or H&S failure is yet to be seen. I may take a small long position with a break above 14354.

I am short the September 22 contract. It completed a small descending triangle. Normally, I would not take a pattern with less than a month duration but the trend is so strong downward. Stop is at 97.68 with a target of 97.2.