Stock Picks & Trades

I am long the small caps with a stop at 1900 and a target of 2080. It can be classified as a reverse ascending triangle or a head and shoulder continuation.

STOCKS
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
SHOP	Long	1/25/23	46.2		49.78	7.75%
	Total Open Profit/Loss Stocks					7.75%
FUTURES
Symbol	Position	Date Position Opened	Price Position Opened		Week Closing Price	Percent Change
6M	Long	1/19/23	0.05215		0.0529	1.40%
	Total Open Profit/Loss Futures					1.40%

A few more charts that I have under consideration.
The Russell2K looks to be making a bottom.
In fact, a lot of US stocks show signs of a temporary bottom. Even though I am bearish on US stocks, I trade my plan not my opinion. I will consider a long position on a break out to the upside of 1950.

The Real is about to breakout to the upside. I am waiting for a daily close above 0.2 before considering going long.

Silver is forming a small rectangle. Over the past 2 years my record trading silver has not been very good. It seems that it breaks out, goes back to hit my stops, then goes on to reach its target. I will take a small long position with a close above 25. I will keep this position small with wider stops this time.

My favorite setup has to be the Soybean Meal (July contract). After a breakout, it is forming a rectangle of about 8-12 weeks. I am tempted to actually preemptive go long with a test of the lower boundary. I will be looking to go long with a break above 462.

I rarely go bottom hunting, but Natural Gas is much closer to a bottom than a top. I will monitor for a good spot to go long. I have done extremely well trading natural gas over the past 5 years or so. When a commodity gets closer to zero, the risk/reward setup becomes favorable.

I am long Shopify with a stop at 41.5 and a target of 65.5.

I am short wheat with a stop at 738 and a target of 645.

A lot of trades setting up.
The Pound is looking set to complete a head and shoulder pattern. I will be looking to go long with a break above 1.25.

The Candian dollar is making a symmetrical triangle. My preference is to go short with a break below 0.73. However, if it breaks to the upside above 0.75 I will consider a long position.

The Brazilian Real is still forming its rectangle. I got snookered on the short side a few weeks back. 

I am still considering another long trade for the New Zealand Dollar after taking a loss this week.

I am still looking to short the Nikkie 225 if it breaks below 25500.

The NASDAQ chart is not looking pretty. I am looking to go short with a break  below 10500.

Wheat is forming a very small head and shoulder continuation pattern. I will be looking to go short with a break below 715 level.

I am long the Peso with this pull back. My stop is at 0.05119 with a target of 0.056.

The New Zealand Dollar break out from a large head and shoulder bottom. I am long with a stop at .64 and a target of .74.

Copper completed its pattern. I am now flat.

I closed the SP500 short for a small gain. I took a loss on the bitcoin trade. I am long copper with my stops jammed at today’s low. I have buy limits for platinum at 1070 with a stop at 1055 and a target of 1150. I may cancel these open orders next week depending on price action.

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
HG	Long	1/8/23	3.9585		4.222	6.66%
	Total Open Profit/Loss Futures					6.66%