Haven't posted here in a while, but I intend to again. I am not certain how I will calculate win/loss etc. on trades that I did not post exits on, but I will try to to do the best I can. I don't agree with posts that are not real time, so most likely I will show these as losers. --Although the data in the journal would then be tainted. In any event, I am very interested in Natural Gas Futures on the long side right now. My current holdings ( and I will not include these in the totals since it wasn't realtime) are as follows: Long Mar Yen Futures Long Mar Wheat Long March 10 yr notes Short March ES Short Mar Aussie Dollar Futures Short Feb Hogs I was stopped out recently for medium sized gains in Gold and Crude. Long term trend is still up, so I will be looking to get back in long. I was stopped out recently for smaller sized losses in Swiss Franc Futures and Euro FX.
Purchased March Natural Gas Futures on Fri. This looks like a long term hold and I will roll the months as we go. Bought at 7.875
Stopped out of short Feb Hoggies yesterday at .5755 for a gain. I will update the "Journal to Date" in the next few days. Looking to get short April Hoggies at a later time. I am now also tightening up my sell stop and reverse short in March Wheat into the low 900's. Looking to increase my short in the Aussie Dollar in the low 87's.
I only begin considering the use of the PSAR when the dots begin to rise above the 20 day MA . Stops overnight are the same stops as the RTH stops. However, I am more inclined to use a mental stop overnight if that stop is far away from the price. Spreads and seasonality are prone to choking off winners, so I don't bother with them. The only spreads worth anything are Hog and Cattle spreads. All other spreads are used by traders who are tip-toeing through the markets and afraid to use proper risk management etc. Spreads are simply a comfort tool for the most part.
Increased Aussie Dollar Short to full position at .88600. I violated a rule earlier when I decided to scale in. In this case, it appears to be a benefit. Most of the time, it is not.