Stopped out at 536.75
$100 loss
$100 loss
Youngtrader's Commodity Journal
- Thread starter youngtrader
- Start date
done for the day
Its messed up today guys. Everything is just nuts!! Im scared to touch those bean spreads quite yet to be honest.
Just gonna watch everything tonight and see if I can find something good.
Its messed up today guys. Everything is just nuts!! Im scared to touch those bean spreads quite yet to be honest.
Just gonna watch everything tonight and see if I can find something good.
short 1 30yr bond at 117.10
Playing the gap fill here
Playing the gap fill here
Covered my short @ 117.04
$190 profit
$190 profit
Nice day today guys!
Managed to get long 2 contracts of may corn at 530 just like we talked about earlier. To be honest I was suprised we traded as low as we did today but going into a report tomorrow I guess it called for some short covering.
I don't expect the report to have much effect on anything so I'm not too worried about holding positions into this thing.
I also bought 5 may/july bean spreads at -14
I think these are a good value (although I was a little timid to even touch them last night.....although I was scared to touch anything last night). It wouldn't suprise me if we seen this spread go to even money before its all over.
I might be interested in also selling aug/sep beans as well but with the crop not even in the ground yet I am not yet about to sell that spread.
Won't be scalping corn tonight but good luck to all you guys!
Managed to get long 2 contracts of may corn at 530 just like we talked about earlier. To be honest I was suprised we traded as low as we did today but going into a report tomorrow I guess it called for some short covering.
I don't expect the report to have much effect on anything so I'm not too worried about holding positions into this thing.
I also bought 5 may/july bean spreads at -14
I think these are a good value (although I was a little timid to even touch them last night.....although I was scared to touch anything last night). It wouldn't suprise me if we seen this spread go to even money before its all over.
I might be interested in also selling aug/sep beans as well but with the crop not even in the ground yet I am not yet about to sell that spread.
Won't be scalping corn tonight but good luck to all you guys!
im gonna try and hit corn up tonight.
short 2 may corn @ 563.5
Out 564.50
$100 loss
$100 loss
long 2 corn @ 562.5
Profit target 573
Market faked out a few players (including me) on that false break out to the down side. 566.5 is where shorts should puke and carry the market up to the 570 level.
Profit target 573
Market faked out a few players (including me) on that false break out to the down side. 566.5 is where shorts should puke and carry the market up to the 570 level.
Out of corn
$200 loss
$200 loss