Sunday, November 1, 2009

Swing Trade Update

All of the original long positions the past week or two have been switched to shorts except for Dec Hogs.

Feeder Cattle is the only swing market I'm watching without a position. It is very very close to selling however.

Monday the swing will be shorting Dec Cattle.

Total closed positions to date have yielded $5816 dollar gains! Let's trade this for awhile and see how severe the draw down will be. As with most trading systems, there will be a draw down. Hopefully we can limit the losses and let the profits roll.

Here is the current positions:

Long Dec Hogs @ 53.675 Stop @ 54.65
Short Jan Soybeans @ 976.5 Stop @ 1030
Short Jan Soy Oil @ 37.18 Stop @ 39.5
Short Mar Oats @ 262.25 Stop @ 282
Short Mar Corn @ 390 Stop @ 425
Short Jan Soy Meal @ 287.5 Stop @ 302
Short Mar Sugar @ 23.08 Stop @ 25
Short Dec CBT Wheat @ 496.75 Stop @ 576

Total Closed Gain/Loss = $5861

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