Eclectic

Update Today:

Only trade made today was the reversal of my ES position into a long at 1520 basis Sep. All other positions were held. ( Auggie Heating Oil is weakening a bit but we are still above the reaction lows in an uptrend)


One thing to mention here: As we go along, you will see that I am willing to give quite a bit of profits back in an effort to maintain a position into a huge winner. This is where the big money is. It is in trading with the trend and holding to maturity. It is not in trading for one or two ticks etc. I try to be as inactive as possible.


Current banked profits in Journal:

+24 points ES
 
Update on positions


Long Oct Sugar 967 -- Currently at 995

Long Sep Aussie Dollar Futures .84550---Currently at .86730

Long Auggie Heating Oil 2.0145--Currently at 2.1046

Long Sep Euro FX 1.35050---Currently at 1.38300

Long Sep British Pound Futures 1.9979---Currently at 2.0331

Long Sep ES 1520.00---Currently at 1556.00
 
Oct Sugar beginning to show the strength I was looking for, (1018 currently). A strong close at the end of the week would be beneficial to a continued holding of this instrument. Let's see how it ends up.
 
Quote from Buy1Sell2:

It was nice to have Oct Sugar close up. The close wasn't as strong as I would have liked, but we're right around that 10.00 number, so it's to be expected.--Staying long for now.
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It was nice to have Oct Sugar close up. The close wasn't as strong as I would have liked, but we're right around that 10.00 number, so it's to be expected.--Staying long for now.
 
Stopped out of Long ES today after the close. 33.5 pts to the good. All other positions remain open including the Auggie Heating Oil Long which has come back and is nearly in negative territory now.

Update on Banked Journal Trades:
ES Total +57.50 points ---2 trades.

No other trades have been closed out yet.
 
Update on currently open positions

Long Oct Sugar 967 -- Currently at 985

Long Sep Aussie Dollar Futures .84550---Currently at .87060

Long Auggie Heating Oil 2.0145--Currently at 2.0365

Long Sep Euro FX 1.35050---Currently at 1.38130

Long Sep British Pound Futures 1.9979---Currently at 2.0451
 
Nice to see the Oct Sugar close up above 1000 today. I am stil holding long here. The currency futures that I have long are a patience trade now I guess. There is no short tern direction. Longer term it's still up, so I will remain here with my portfolio as is. My stopout areas are failry far below the market, so I feel fine. Auggie Heating Oil tried to go negative on me, but never got to my stop out zone, so I remain long. ( I always defer to reaction lows first before analyzing the indicators etc.

These are my current positions:

Long Oct Sugar 967 -- Currently at 1029

Long Sep Aussie Dollar Futures .84550---Currently at .87840

Long Auggie Heating Oil 2.0145--Currently at 2.1135

Long Sep Euro FX 1.35050---Currently at 1.38260

Long Sep British Pound Futures 1.9979---Currently at 2.0473

Right now, these are what I have on. I am looking at Dec Cotton and some other possibilities. Also, I have full positions on in these trades as I don't believe scaling in and out is a good idea. :)
 
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