The entry numbers are based on my trading system and chart patterns. Strategically placed to enter trades with a high probability of being right the market.
The markets and entry price are picked in advance of there move. Orders are subject to change or cancellation.
Hypothetical Buy = H/B, Hypothetical Sell = H/S, BO = break out. TR = trading range. Fill = F, Canceled = C
I have now retired from trading since December 1st /05 The trades listed below are now hypothetical paper trades. I will trade a few markets here and there and continue my Market Pick E mail service and offer my trading course called "The Art Of Trading"
New Picks For 7/18 - Can. $, Yen, T-Bonds
Grains:
7/11 Aug. Bean Oil: B at 3788 -F
7/09 Nov. Soybeans: B at 9042 -F
6/27 July Soybeans: B at 8156 -C
6/20 July Bean Meal: B at 2330 -F
6/20 July Soybeans: B at 8402 -F
6/20 July Corn: B at 4080 -C
6/18 July Bean Oil: B at 3613 F, 3644 C
6/08 July Bean Meal: B at 2263 -F
6/08 July Soybeans: B at 8324 -F
6/07 July Bean Oil: B at 3618 -F , 3644 -C
Meats:
7/05 Aug. L-Hogs: S at 69.50 -C
6/29 Aug. L-Cattle: S at 89.250 -C, 88.175 -C
6/18 Aug. F-Cattle: S at 106.500 -C, 105.400 -C
Softs / Misc:
7/17 Oct. Sugar: B at 10.04, 10.23
7/13 Sept. Cocoa: B at 2103 -C
7/10-7/12-7/17 Sept. Coffee: S at 110.00 -F, 109.25 -C, 108.50 -C
7/10 Sept. Cocoa: B at 2138 -C
7/10 Sept. OJ: S at 125.30 -F, 122.30 -C, 118.70 -C
7/09 Oct. Cotton: B at 6305 -C
7/05 Sept. Cocoa: B at 2083 -C
6/28 Sept. OJ: S at 121.85 -C, 120.70 -C
6/27-7/10 Oct. Sugar: B at 9.86 -F
6/24-6/26 Oct Cotton: B at 5960 -F, 6025 -C
6/22 Oct. Sugar: B at 9.79 -F
6/18 July Coffee: B at 116.10 -F
6/18 July OJ: S at 137.70 -F, 135.00 -F
6/08 Oct. Cotton: B at 5560 -F
6/06 Oct. Sugar: S at 8.80 -F
6/06 July Coffee: B at 117.35 -F, 118.55 -C
6/04 July Cotton: B at 5090 -C, 5150 -C
6/04 Oct. Sugar: B at 9.59 -C
Metals:
7/16 Aug. Gold: B at 671.3
7/12 Aug. Gold: B at 667.3 -F
7/09 Sept. Silver: S at 12.39 -C, 12.54 -C
6/29-7/05 Aug. Gold: S at 653.7 -F, 642.7 -C
6/18 Aug. Gold: B at 659.5 -F
6/06 - 6/07 Aug. Gold: B at 677.3 -C, 679.8 -C
6/04 July Copper: B at 342.60 -F
Energies:
Currencies:
7/18 Sept. Yen: B at .8299, or S at .8222
7/18 Sept. Can. $: B at.9615
7/17-7/18 Changing orders Sept. S/Franc: B at .8386, or S at .8337
7/13 Sept. B/Pound: B at 20346 -F
7/13 Sept. S/Franc: B at .8376 -F
7/10 Sept. Can. $: B at .9576 -F
7/06-7/09 Sept. S/Franc: B at .8267 -F, .8287 -C, 8316 -F
7/06-7/09 Sept. B/Pound: B at 2.0125 -F, 2.0173 -F
7/02 Sept. Yen: S at .8137 -C
6/29 Sept. Yen: S at .8190 -F
6/26 Sept. Yen: S at .8177 -C, 8137 -C
6/22 Sept. EuroFX: S at 1.3407 -C
6/18 Sept. US $: B at 82.55 -C, 83.04 -C
6/08 Sept. EuroFX: S at 1.3423 -C, 1.3397 -C
6/06 Sept. Can. $: B at .9493 -C
6/01 June EuroFX: S at 1.3419 -F
Financials / Indexes
I will continue to do this strategy even though Bonds is in a wedge pattern and does not leave a lot of room for making money until it breaks out. But the risk is low and I might be on the right side of the break out.
7/13 Sept. T-Bond Strategy Using options. If Sept. Bond futures hits 107-25 will buy a Sept. 108 Call at the market. If Bond futures hits 106-25 I will buy a Sept.106 Put at the market. The stop loss on the option will be plus or minus 12 ticks off the on going high or low of the futures price.
7/03-7/06 Price hit. Long 5 ecb 107 Puts at -55/ 1-30 + $3,046. Out.
7/05-7/06 Price hit. Long 5 ecb 107 Puts at 1-04/1-30 + $2,031. Out.
7/06 Price hit. Long 5 ecb 106 Puts at -59/-55 -($ 312.) Out.
7/06 P/L to date. + $4,765.
7/09-7/11 Price hit. Long 5 ecb 107 Calls at -56/1-21 + $2,265. Out.
7/10-7/11 Price hit. Long 5 ecb 107 Calls at 1-01/1-21 + $1,562. Out.
7/11 P/L to date + $8,592.
7/11-7/12 Price hit. Long 5 ecb 107 Puts at -63/-58 -($390.) Out.
7/12 P/L to date + $8,202.
7/12-7/13 Price hit. Long 5 ecb 106 Puts at -51/-45 -($468.) Out.
7/13 P/L to date + 7,734.
7/16-7/17 Price hit. Long 5 ecb 107 Calls at 1-11/1-14 + $234. Out.
7/17 P/L to date + $7,968.
7/17 Price hit. Long 5 ecb 106 Puts at -33/-27 - ($468.)
7/17 P/L to date + $7,500.
June / 07 T-Bond Option strategy summary 6/1-6/29 - 14 trades. 70 options traded, 30 option wins and 40 option loses. Average lose per option ($80.03.) Average profit per option + $456.6 Commissions $15. R/T X 70 options ($1,050.) 21 trading days. Net profit for June + $9,603. This is probably one of the easiest option strategies one can do with options almost daily. Easy to put on and exit. Very easy to learn and simple to do. And it works great. E mail me for information concerning the T-Bond option strategy. I will offer this part of my trading course at a special price.
7/16 Sept. T-Bond delta neutral position:
Long 5 - Sept. futures at 107-06/107-23 + $2,656.
Long 10 - 107 Puts at -60/-46 ($2187.)
P/L + $469.
7/10 Sept. T-Bonds: B at 107-02 -F
7/09 Sept. DJIA: B at 13937 -F or S at 13238 -C
6/28 Sept. T-Bonds: B at 107-06 -F
6/27 Sept. T-Bonds: B at 107-06 -C
6/18 Sept. DJIA: B at 1.3828 -C
6/08 -7/17 Sept. S&P 500 options credit spread, July options:
B-5-1555 calls...2.00/.65
S-5-1550 calls...2.30/.90
S-5-1405 puts..10.00/.30
B-5-1400 puts....9.20/.25
Credit to the sell side 1.10 X $ 250. = + $ 1,375.
P/L 1.10 /.15 + $1,187. Out.
6/05 Sept. T-Bonds: S at 108-12 -F
6/05 Sept. EuroDollar: S at 94.61 -C
6/05 Sept. DJIA: B at 13828 -C
5/16 - 6/06 June S&P 500 option credit spread, June options:
B - 5 - 1590 Calls at .60/.20
S - 5 - 1585 Calls at .90/.25
S - 5 - 1435 Puts at 5.00/.80
S - 5 - 1430 Puts at 4.40/.80
Credit received .90. X $250.= 225. X 5 = $1,125.
P/L .90/.15 + $ 1,062. Out
Stop Loss Placement:
One of the reasons I don't include stops in my Market Pick is because I believe that is one area where the only person who can determine the amount of acceptable risk is the person taking the risk. And probably if you were to just view the Market Picks without knowing my reasons for the entry, My methods for position maintenance and exits, it might not make sense.
In my trading course I explain a few different methods used to place stops. But I leave it up to you to decide which method is best for you. Whether you use a risk-reward ratio, a specific dollar amount, the average prices from preceding sessions, or what your wife tells you is the limit, the amount you're willing to risk before pulling the plug is a personal decision. Larry Williams once said, when asked about stops, he didn't like to lose more than $1000 per trade. Well, gee, thanks Larry. Larry's acceptable risk is not the same as mine.
My method of trading is in itself a form of risk control because if you adhere strictly to what I teach, you will stay out of a lot bad trades. The hard part of doing that is when the market looks really strong and there are no entry signals. That can make you crazy. But, over the long haul, it can also save you a lot of grief.
But the common theme running through the course is one of risk management, and everything I explain is designed to trade with a minimum of risk. I would have to say that my course will teach you a lot about what not to do to stay out of trouble.
I also teach profit objectives, where I might take profits and how I trail my stops.Your idea of a profit objective may be different than mine and that is ok, but always use some sort of risk control when entering a position.
Market Pick and my trading course showing you were to enter are based on my trading system and chart patterns strategically placed to enter trades with a high probability of being right the market.
Since 1996 by request from many traders new and old hands at trading I was ask to post my trades at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my trades and offering my trading course. I believe you will enjoy watching the markets after I make my entry numbers known before the market opens.
For those that have never received my Market Pick send me a E mail request to receive Market Pick free. Also my trading course information called "The Art Of Trading"
These trades are posted for your observation and not for recommendations to trade. There is risk in trading futures.
Wish you well and happy trading my friend.
USCoralSea
E mail Address
USCoralSea@aol.com / USCoralSea@sbcglobal.net