As part of the partial profit take strategy, we try and tighten the stop when possible, usually by half. We crossed that today in the remaining half long XME position at 26.53.
Today is the 15 day timeout for our short May Cocoa trade. No favorable trend has developed and we would advise covering this position now or towards the end of today’s session. We had generated an above average number…
If you have sufficient space in your portfolio, then coffee and sugar can be added. May Coffee can be purchased. The partial profit-take zone is 142.99, the stop at 109.32. May Sugar can be purchased. The partial profit-take zone is 13.98,…
The long Soy-meal position advised in the February 18th edition crossed the profit-taking threshold towards the close yesterday. That also provoked a series of intra-day top extensions, including one at the 360 minute (6 hourly) mark. This is enough to…
The remaining half short position in May Sugar can be covered. Jun FTSE 100 futures can be sold. The partial profit-take zone is 6715.5, the stop at 7073.7. May Copper futures can be purchased.…