Update on Current positions: Long Sep Yen .84970 Long Sep Swiss Franc .83320 Long Sep Euro FX 1.36910 Long Sep Canadian .95020 Long Dec Cotton .6005 Update on Banked Journal Trades: ES Total +57.50 points ---2 trades 2 winners Sugar +37 ticks---1 trade 1 winner Aussie Dollar Futures +184 pips 2 trades/ 2 winners British Pound Futures +236 pips 1 trade 1 winner Euro FX Futures +87 pips 2 trades 1 winner Heating Oil + 460 ticks 2 trades/1 winner Swiss Franc -25 pips 1 trade/0 winner Canadian Dollar Futures -22 pips 1 trade/0 winners Current winning percentage 8/12 66.67%
I think it looks well proper, could be better no doubt and price needs to re-test previous lows (or monthly current ones) ImO
These are the positions that I currently hold. I will be rolling the currency futures into December today. Also, looking at the Dec Coffee for a long trade. I will post when I get in.
Near the close Tuesday I did the following: Sold Sep Yen at .87560 and rolled into Dec Yen at .88630 Sold Sep Swiss Franc at .84150 and rolled into Dec at .84750 Sold Sep Euro FX at 1.38350 and rolled into Dec at 1.38710 Sold Sep Canadian Dollar at .95920 and rolled into Dec at .96040 Yen gain 259 pips Swiss Franc gain 83 pips Euro Fx gain 144 pips Canadian 90 pips I will update the banked trades shortly. Also, I will add these as winners, but should the Dec trades also be winners, I will not add them as winners to the total number of winning trades for statisitical purposes. I will consider the combination of Sep and Dec as one trade. Thus, if the Dec should lose more than the Sep has gained, I will then update and call the entire trade a loser.--Just want to keep the integrity of the journal alive and well.
Update on Banked Journal Trades: ES Total +57.50 points ---2 trades 2 winners Sugar +37 ticks---1 trade 1 winner Aussie Dollar Futures +184 pips 2 trades/ 2 winners British Pound Futures +236 pips 1 trade 1 winner Euro FX Futures +231 pips 3 trades 2 winners Heating Oil + 460 ticks 2 trades/1 winner Swiss Franc +58 pips 2 trades/1 winner Canadian Dollar Futures +68 pips 2 trades/1 winner Japanese Yen Futures +239 pips 1 trade/1 winner Current winning percentage 12/16 75.00% Total winning dollar value of journal with 1 contract is $17,291.40 minus 16 commission round turns.
I am going to disregard the 60 minute bearish divergence in the Dec Euro FX here. It is not in the direction of the overall trend. Staying long here and expecting a bit of heat.