Monthly Archives: November 2012
Thursday 29 November 2012 Long March Cotton 73.37, sell stop at 72.20 This is in response to a rally breakout on daily. Need to see confirming market activity in holding gains and more follow-through.
Wednesday 28 November 2012 Sold remaining half position of Mar Wheat at 893. The very high volume, yesterday and today, plus price at a half-way retracement area is enough to say thank you for the opportunity and almost no risk … Continue reading
Wednesday 28 November 2012 Exited half the Mar Wheat position, 882.5 Raise the sell stop to 871 on the balance. The sharply higher volume can be a red flag for the potential breakout, so caution is being exercised. Buy 876.5 … Continue reading
Wednesday 28 November 2012 Roll over the half Dec Silver position into the March contract. Sell Dec Silver mini, 33.08 Buy Mar Silver mini, 33.12 Buy Dec Silver, 30.60 Sell 33.08 Gain = 248 tics, $1,240 less $15 commission
Wednesday 28 November 2012 Roll over the long Dec Gold mini into Feb 13 mini Sell Dec Gold mini, 1710, buy Feb Gold mini, 1714 Buy = 1659 Sell = 1710 Gain = $51.00, $5,100 less $15 commission