Personal Finance

Shaggy · Guest

========================================================
"Tom's Trades" for Friday, October 28, 2005
========================================================
========================================================
1: DECEMBER 30 YEAR T BOND
========================================================
USDZ5 O=1-27 HI=2-00 LO=1-15 CL=1-26

We sold -28 and got stopped at -25 after we failed to get lower than
-23 picking up 3 ticks, $93. We sold -29 and stopped at -21 for 8,
$250. Next I bought -20 and stopped at 25 for 5 more, $156.

With the close at 111-26 we'll be on 111-16 and 112-00 tomorrow.
========================================================
2: MARCH 06 EURODOLLAR
========================================================
EDH6 O=.305 HI=.325 LO=.270 CL=.290

I closed the trade at 95.275 on Wednesday walking away with $437. I
probably won't trade the ED again until after the FOMC meeting on next
Tuesday. I look close at it over the weekend.
========================================================
3: DECEMBER CANADIAN DOLLAR
========================================================
CDZ5 O=66 HI=04 LO=38 CL=57

It got back to our 8560 number but did it at the end of a long downside
run so I left it alone. We'll play 8460 as per TT and add 8560, 8440
and 8520 to the mix. Sell only at 8560.
========================================================
4: DECEMBER SWISS FRANC
========================================================
SFZ5 O=29 HI=15 LO=19 CL=90

I bought 7886 and exited at 7905 for 19 points, $237. I bought 7884 and
exited at 7894 treating 96 as a test of 7900. Out with $125. Same TT
numbers and 7880 for tomorrow
========================================================
5: DECEMBER MINI RUSSELL 2000
========================================================
ERTZ5 O=0.00 HI=0.30 LO=4.40 CL=7.20

We began selling 636.50 on the break of 637 and exited at 631.00 for
$550. I bought 632.50 and exited at 631.50 giving back $100. I bought
632.50 and exited at B/E. Next we sold 631.50 and exited at 629.00
trying to get out at 628.10 on a OB play. Moving too fast. We'll take
the $250. next we sold 629.50 and exited at 625.50 again on an
attempted OB play. Out with $400. Exercised the $1000 quttin' time. All
the numbers tomorrow
========================================================
6: DECEMBER GOLD
========================================================
GCZ5 O=5.50 HI=7.80 LO=4.50 CL=5.60

Nothing for us either day. $10 channel tomorrow.
========================================================
7: DECEMBER COTTON
========================================================
CTZ5 O=.00 HI=.10 LO=.10 CL=.23

I sold 52.95 and exited at 52.35 for 60 points, $300. I decided not to
give it the usual 30 points as the sideways trade about 12:30 to 1:00
pm was a pretty convinv=cing whisper. We'll go again tomorrow with the
same array of numbers from TT.
========================================================
8: DECEMBER COCOA
========================================================
COZ5 O=20 HI=28 LO=07 CL=15

You might have done the 1410 buy late in the day. I was too preoccupied
to do anything about it as the Russell was keeping me handcuffed at the
time the alarm went off. Same TT numbers for tomorrow.
========================================================
9: DECEMBER CORN
========================================================
CZ5 O=1.98 1/4 HI=1.98 1/4 LO=1.97 1/2 CL=1.97 3/4

Watching only.

It's a wonder every family farmer doesn't just slit his wrists. I
think, next to Native Americans, the family farmer is the most
outrageously treated group of people in this country. When some
ex-hippy from the 60's can make more money growing herbs on an acre of
ground than a family farmer can growing corn on 300 acres ... well,
something is just wrong to my mind.
========================================================
10: DECEMBER WHEAT
========================================================
WZ5 O=3.24 1/2 HI=3.26 1/2 LO=3.22 CL=3.24 1/2

Wednesday we sold 3.26 1/2 and exited at 3.23 1/2 for $150. Today we
sold 3.26 1/4 and exited at 22.1/2 for 3 3/4 cents, $187. We'll stay
with the same numbers for tomorrow, 2.22 1/2 and 3.26 1/2
========================================================
Market Alert is a publication of Traders Helping Traders.

http://www.supportandresistance.com
Copyright (c) 2005 Traders Helping Traders
204 Cowichan Avenue East Lake Cowichan, British Columbia, V0R 2G0
(250)749-4191 (Pacific Time Zone)
========================================================
RISK DISCLOSURE!

Trading commodity Futures and options on futures involves significant
risk. You must consult licensed professionals or your own advisors
before trading to determine if it is suitable for you.

Nothing contained herein is a solicitation to trade or a recommendation
of a specific trade. You must consult your broker or advisor before
making any trade to insure current prices, margin requirements and
other factors determinant to suitability. By reading this publication
you agree to make no trade relying in whole or in part on the comments
of the writers. You agree before doing any trade contained herein to
consult your charts and advisors to verify all information and make
your own decision.

Hypothetical performance results have many inherent limitations, some
of which are described below. No representation is being made that any
account will or is likely to achieve profits or losses similar to those
shown.

In fact, there are frequently sharp differences between hypothetical
performance results and actual results subsequently achieved by any
particular trading program.

One of the limitations of hypothetical performance results is that they
are generally prepared with the benefit of hindsight. In addition,
hypothetical trading does not involve financial risk and no
hypothetical trading record can completely account for the impact of
financial risk in actual trading.

For example, the ability to withstand losses or to adhere to particular
trading program in spite of trading losses are material points which
can also adversely affect actual trading results.

There are numerous other factors related to the markets in general or
to the implementation of any specific trading program which cannot be
fully accounted for in the preparation of hypothetical performance
results and all of which can adversely affect actual trading results.

	Personal Finance Forum Index -> Market Trends	All times are GMT
Page 1 of 1