Short BOBL

New Signals

Trade Management

• Short Milling Wheat filled at 233 and the new stop level is 239.

• New orders: long Crude, short BOBL, long Silver, long Rapeseed, long AUD, long Nasdaq, long TOPIX, long KOSPI and short ETH.

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 for three 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.

• Review contracts every Friday and roll positions into the next lead contract(higher trading volume than current position) on Monday.