Friday, 22 April 2016

22nd April

I guess it had to happen.  Soy finally reversed and took out my stop.  I did OK, getting 3.27% on the trade.  Of course, there is always that regret that you didn't close it out higher.  I also closed my USDCAD trade, for 0.55%.

Next week is my last week before I go on holiday, so I wanted to clear the decks.  I don't like to do it, but I would kick myself if I have a few losers.  I finish April up 3.64%, so some way to recovering from the losses in March.

Thursday, 21 April 2016

April 21st

Soy continued upwards today.  Not being a long term trend follower, I have now tightened my stop to lock in some profit.  Unfortunately, this is at the recent low point so I am concerned it will be a target.

Elsewhere, USDCAD gave back some ground and I got stopped out on gold.  I often find trades that are underwater from the start finish losers quickly.  It is rare in my experience for them to turn round in to big winners.  Those are normally trades that are positive right from the off.  Of course, I may have some recency bias here but it is something I will investigate for the future.

PipsATRRL/SMarketRisk %Paper Profit
585.27 7.25 LSoy0.654.72%
500.39 0.52 SUSDCAD0.650.35%
0- - LEURUSD0.000.00%
0- - SGBPUSD0.000.00%
0- - SBCO0.000.00%
0- - SNATGAS0.000.00%
0- - SCopper0.000.00%
0- - LBund0.000.00%
0- - SEURJPY0.000.00%
0- - LGold0.000.00%
5.667.771.305.07%

Wednesday, 20 April 2016

20th April

Wow, a huge day in soybeans today.  The market was up nearly 3 ATR from yesterday.  USDCAD also continued on trend with the strength in oil.  I got filled on a entry in Gold as well.  So far, it is not showing me a profit.  If that continues, I will look to cut it soon.  As for Soy, I have a very juicy paper profit.  How much to bank?  Will this ride reverse as quickly as it rose or is there more to go?  For now, I keep my exposure.  Nervously.

PipsATRRL/SMarketRisk %Paper Profit
423.82 5.25 LSoy0.653.40%
1431.12 1.49 SUSDCAD0.650.99%
0- - LEURUSD0.000.00%
0- - SGBPUSD0.000.00%
0- - SBCO0.000.00%
0- - SNATGAS0.000.00%
0- - SCopper0.000.00%
0- - LBund0.000.00%
0- - SEURJPY0.000.00%
-460-0.25 -0.34 LGold0.65-0.22%
4.686.401.954.17%

Tuesday, 19 April 2016

19th April

I got re-filled on USDCAD today.  It is rather annoying that I got shaken out on my initial trade yesterday (-0.28%), but that is the way it goes some times.

I got closed out on EURJPY on the reversal today for -0.23%.

I got filled on a Soy order.  It has been trending up for a while so I am finally in.

I have a nice paper profit and a strong urge to ring the cash register.  But, I am fighting my natural desires and staying in.  For now, my stops stay as they are.  I am becoming familiar with small losses of late and want to work on increasing my size when I get in to a good move to counter act the small losers.  Cashing out at the first sign of profit is not the plan.

PipsATRRL/SMarketRisk %Paper Profit
121.09 1.50 LSoy0.650.97%
1050.82 1.09 SUSDCAD0.650.73%
0- - LEURUSD0.000.00%
0- - SGBPUSD0.000.00%
0- - SBCO0.000.00%
0- - SNATGAS0.000.00%
0- - LGold0.000.00%
0- - SCopper0.000.00%
0- - LBund0.000.00%
22438.22 2.74 SEURJPY0.750.00%
10.135.332.051.70%