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New Signals

None

Trade Management

• Long Gold stopped out at 2654.2, long BCOM stopped out at 96.9, long Rubber stopped out at 199.10

• Long KOSPI filled at 232.7 and the new stop level is 317

• Long FTSEMIB filled at 34665 and the new stop level is 34400.

• Raise stop on Corn to 440 and Rapeseed to 531

Goal Setting

Reset into strength.

• Anticipate sharp pull back when we are at full margin(>80%). Actively reduce exposure to prepare for the pull back.(Portfolio Level): take loss on losing positions immediately; raise stops on winning positions to the low of the day and keep adjusting on daily basis; cancel pending open orders. No new trade till exposure gets down to manageable level.

• DX>55(-55) for three consecutive days, IBS>0.8(<0.2) for five consecutive days, VOL>55 for two consecutive days, enable profit taking. The first down day(IBS<0.5) setups the event. Use the lower of the low of setup day and the next day(trigger) low as the stop level.

• Be aware when you are getting greedy.