Stock Picks & Trades

STOCKS
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
	Total Open Profit/Loss Stocks					0.00%
FUTURES
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
PL	Long	9/21/23	925		915	-1.08%
ZL	Short	9/22/23	58.5		55.85	4.53%
	Total Open Profit/Loss Futures					0.00%

Gold broke down from a symmetrical triangle. I have no interest in trading this from the short side. Target is 1800. All of the other metals are at major support. This is most likely going to be a false breakout.

I am now flat.

I am short with a stop at 60 and a target of 51.9.

I am long with a stop at 160 and a target of 190.

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.