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Both trades are still on, they're the only ones I've placed in a fair while. Normally I'm tempted by intraday price action, normally based on momentum swings, but whilst these two are going well I don't feel the need to push for higher returns and up the risk. The nikkei is up 4.92% and the XJO...

I haven't taken any new positions, just kept the current two on, and haven't got any need to at the moment. Momentum is just event driven, making trading choppy and far harder than it needs to be. The light crude/brent spread is still coming in slightly, and I'm happy to hold on to the medium...

Since the short Australian SPI long Japanese Nikkei trade was put on (evening of 21st Aus time), the SPI has lost 10 points (0.23%) and the Nikkei has risen 135 points (1.4%), so the trade is up 1.63% so far. I don't trade all that frequently, so it's important for me to hang onto these...

I am currently long the Nikkei and short the Australian XJO against it. Not in big size, just a speculative trade. My only real reason is that with the Bank of Japan demonstrating a willingness to further stimulate their economy (which can't get much worse going by recent trade figures), a...

If anyone is looking for more details regarding the trades I'm putting on, or my reasons for them, www.pimmtrading.blogspot.com normally has a thorough overview of them. www.tradingpimm.blogspot.com doesn't really delve into them, just sticks to investing and trading fundamentals for beginners...

The WTI/Brent spread has come back out again, had a medium sized loss at one stage (relative to the stop for this trade), but this is one that I'll sit on until it does stop out, since it's based on macro fundamentals rather than technicals. Still eying up the VIX, which has been pretty...

The brent/crude futures spread is coming in nicely, down to around $16.5, leaving me with around a $2 gain and a $2000 profit per contract. Whilst this could be a brief whipsaw in a costly upwards trend, I'm betting that the spread narrows to $15 and waits for its next move there. I...

With the brent/crude spread sitting around $18.50 again, I'm short it, looking for $10 tops. A great fundamental overview of why the spread has occured is here: http://ourfiniteworld.com/2011/02/19/why-are-wti-and-brent-prices-so-different/

I closed out my long US 10yr Treasury notes today, taking around 20bp in profit. It was originally intended as a longer term trade, but I'm happy to sit on that profit and wait for the next signal, as it has beena bit choppy between 2% and 2.1% recently, with no clear sign of a breakout above...

Sure Shopster, your graphs are logical, just not my personal style to be 100% technical. Particularly when you are trading other partners' money (as I was until last month), you need an awful lot of justification for bad trades and pure technical analysis won't cut it. The sisters approach...

Naturally there are many variables and no mean reversion trend is perfect, but as a general rule this trend has been witnessed in the majority of commodities over the last five years or so. It's not something I'd trade religiously, but is definitely worth a musing in volatile markets where...

With 10yr Treasury yields back around 1.86% I'll add some more size to the trade. The extension of the zero rates policy was widely flagged and expected by the market, the hope is that eocnomic data maintains its positive spin on the US economy.

I never like dragging up old threads....but had to point out the success in this trade so far (touch wood). Spot gold up around 8%, NCM.AX up around 12%, KCN.AX up around 30% and NEM (Newmont) up The initial trade (see first post) had been to short gold bullion and go long gold mining...

I posted a quick summary of my trades on www.pimmtrading.blogspot.com and www.tradingpimm.blogspot.com. I find both blogs useful (like this thread) for keeping tabs on ideas, and especially explaining them in full in order to make sure that I fully understand the trade. If you can't explain it...

AUDUSD has a lot of momentum, pushing for a long position if it can hold 1.07, but fundamentally the strong currency is seriously hurting the manufacturing and retail sectors. Certainly a short retailers long miners trade to be put on should the currency continue to move higher in line with the...

Despite the lack of XJO strength, AUDUSD has pushed higher, resulting in the stop kicking in at 30 pips. Not so worried, it's one of my better algorithms so some losses have to be taken, I'm looking for some SPX weakness in the next couple of days though. Might place a short later, see how the...

One of the algorithms that I use is essentially an overbought/oversold indicator, which could be likened to a modified stochastics model. On a 15min chart, the AUDUSD has had a strong bursts of buyers in size (won't post chart as there as no annotations, just a spreadsheet in the background)...

Yields are up at 1.98%, means the position has a nice P/L but is only a third of the size I'm after. I'll take the risk of this being a false mini breakout, and that there is no need to put on the 2nd and 3rd legs above 1.95%, before the eventual move towards 2.4%. That logic does suggest to...

Same thing happened last night, yields at 1.83% before the market open but strong earnings and IMF has yields sitting at 1.9% again. On the one hand I'm happy enough, as the first leg is making money, but this means my second and third legs will be at less advantageous yields for my short...

Entered my first of three legs in a short 10 year US T-Note position at 1.89% yield recently. Bugs me because this is cheap, and I knew yesterday at 1.86% was cheap, but I always hold out a little longer hoping for something better. Sometimes it works, and other times it bites you, like today...