Category: Trades

I am long the December 22 contract with a stop at 840.

I have buy limits at the 1050 mark with a stop at 1030. This market has been choppy and I am risking a small amount.

Gold completed a symmetrical triangle. I am long with a stop 1853.3 and a target of 2013.

The entire soy complex is going vertical… except for Soybean Oil, which I am currently long. I hate owning the laggard. It usually means if a reversal comes, it will fall the hardest. My stops are moved to 59.80 to lock in some profits.

I caught the uptrend last year in Soybeans. Got in at 1290 and out at 1380. I left a lot of money on the table.

Soybean Meal had no pattern for me to trade.

I got stopped out of the Russell 2K and Feeder Cattle.

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
GEZ24	Short	1/5/22	98.115		97.87	0.25%
ZF	Short	2/4/22	118.57		117.88	0.58%
ZLZ22	Long	1/21/22	59.3		61.9	4.38%
	Total Open Profit/Loss Futures					5.2%

I am long with a stop at 170.5 and a target of 185. I plan to double my long position with a close above 173.875.

It is not acting right and I do not like the way world stock markets are acting right now.  Took a small loss. I may re-enter on the long side next week if it starts to rally at support.

I am short with a stop at 119 and a target of 117.

Feeder Cattle is about to complete a cup and handle. I will be looking to go long with a break above the 173.5 level.

KC wheat might be forming a bull flag. Not my favorite pattern to trade but I am willing to take a shot on the long side with a break above 840.

Wheat also might be putting in a H&S bottom here. I will go long which ever one break to the upside first.

The SP500 might be forming a head and shoulder top. I prefer it be a failed H&S top and trade it from the long side. This fits into my opinion that US stocks are in a bull market. I do not think it’s over yet. However, I trade my plan and not my opinion. If it flashes me a sell signal, I am going to take it.

I might take a short position if the 10-year or 5-year notes breaks down from the below patterns. I am still kicking myself for missing the short 10-year trade last month. It completed a perfect and compact H&S failure pattern. My sell orders never got filled.

My bias is to be short the 5-year.

I am taking one more shot on the short side. Stop is at 27600 with a target of 24000.