Author Archives
Sell Soybeans
November soybeans did remain below the compression so should have been sold toward the close. The partial profit-take threshold is 921-3/8, the stop at 1003.
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Gold trade update
We now recommend moving the gold stop to 1,172.28. This stop should only be triggered if prices are still trading below it towards session end.
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Exit GBPCHF trade
We no longer have a reason to keep the half short GBPCHF trade. You can exit this trade now.
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Crude trade update
The remaining half long May WTI Crude position can be rolled into June today. When trading most commodities from the long side we aim to stay positioned in the front month as long as possible in case there is…
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Exit S&P trade
We increased our long June S&P position on Wednesday 15th Apr in anticipation of a break upwards from compressions. However the markets have fallen instead and as noted in the newsletter we will now exit the long June S&P trade.
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Exit bonds position
Today is the time out date for our short June Bonds trade. Since no favourable trend has developed we would now exit this trade.
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Update on crude
As we now have a decent intra-day signal, we now advise bringing the limit order down much closer to market levels.
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