Eclectic

Thanks for the feedback B1S2!

I know you mentioned this at some point in ES Journal, but can you reiterate the 3 time frames you are using for your position trading across the commodities - is it Monthly / Weekly / Daily, with entry signals generated on the daily time frame?
 
I would put the 60 minute yen and spooz charts side by side, Yen trade could be used as a hedge when spooz rallies.

I expect yen to fall back, to 117.60 usd.jpy on spot.
 
Quote from Sponger:

Thanks for the feedback B1S2!

I know you mentioned this at some point in ES Journal, but can you reiterate the 3 time frames you are using for your position trading across the commodities - is it Monthly / Weekly / Daily, with entry signals generated on the daily time frame?
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Yes . Weekly is the most important with entries on the daily.
 
It's very possible that I pulled the plug too early on the Euro FX based upon the weekly continuation chart here.---- I thought it best to sell and then look for a new long entry, but of course the pullback was extremely short lived--at least for now it is. So far I have been wrong with regard to that decision (and the Swiss Franc) . I am looking only long on the daily chart at the moment.
 

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As you can see from this Yen Weekly chart, I am somewhat late to the party here due to commitments in other markets and with relation to TLNW. I am long here though based upon what I perceive as an opportunity for long term upside.
 

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Looking at exiting the long Dec Cotton today. I will watch price for a bit and see. If we get strong action today, I may hold for a bit longer. :)
 
Quote from Buy1Sell2:

Looking at exiting the long Dec Cotton today. I will watch price for a bit and see. If we get strong action today, I may hold for a bit longer. :)
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Decided to go ahead and close it out here at .6411. I will update banked trades later. I will look to get back in long in the future. :)
 
Quote from Buy1Sell2:

Decided to go ahead and close it out here at .6411. I will update banked trades later. I will look to get back in long in the future. :)
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Well so far, my decisions to get out of the currencies and the cotton have proved to be wrong as they continue upwards. I still banked 406 ticks on the Cotton, so I guess that's the good part. Another good thing for now is that Sugar is looking up today. I will hold Sugar long here. No adding to it as I am alreadey at full position in Sugar.
 
Update on Banked Journal Trades:

ES +41.5 points ---4 trades 3 winners
NQ +144.75 points---1 trade 1 winner
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 +387 pips 3 trades 2 winners
Heating Oil + 460 ticks 2 trades/1 winner
Swiss Franc +44 pips 2 trades/1 winner
Canadian Dollar Futures +483 pips 2 trades/1 winner
Japanese Yen Futures +96 pips 1 trade/1 winner
Cotton Futures +406 ticks 1 trade/1winner

Current winning percentage 15/20 75.00% with 24 round turn commissions





Update on currently held positions:

Long Dec Yen from .88050 (current price .87940)

Long March Sugar from .0998 (current price .1048)
 
Quote from Buy1Sell2:

Well so far, my decisions to get out of the currencies and the cotton have proved to be wrong as they continue upwards. I still banked 406 ticks on the Cotton, so I guess that's the good part. Another good thing for now is that Sugar is looking up today. I will hold Sugar long here. No adding to it as I am alreadey at full position in Sugar.
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What's to stop you from re-entering your cotton and currency trades..........
 
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