Yesterday, we only had two positions and added one overnight. Today, we have two new signals, and that will fill out our ETF portfolio of five positions.
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Silver SIU10 18.365 20.825 19.980 $0 23
Long Silver SLV 18.36 20.35 19.52 10.8% 23
Long Soy Oil BOZ10 40.86 41.75 41.24 $534 10
Long Zealand NE1U10 72.90 71.94 71.45 -$960 2
Long Zealand BNZ 23.36 23.07 22.91 -1.2% 2
Long Cocoa CCZ10 2694 2739 2730 $450 2
Long Cocoa NIB 40.13 39.51 39.38 -1.5% 2
The two new signals are to buy Natural Gas and sell short the Swiss Franc. Quite frankly, I like one signal and don't like the other. I have been bullish in principle, on natural gas for a long time. I like it because it is clean energy. However, our current signal is based purely on an algorithm applied to numbers.
The Swiss Franc, like gold, is often used as a safe haven, so going short doesn't agree with me.
The statistics for natural gas are: 132 wins out of 166 trades for 80%. For the Swiss Franc, it is a mere 10 wins out of 10 trades. The symbols on natural gas are NGV10 and UNG. The symbols on the franc are SFZ10 and FXF.
For your information: there were additional signals to buy soymeal and buy the Euro Currency. The record on soymeal is 76%, and we'll track it in the BLOG.
All the best to you!
If you wish to be notified of new posts, let me know at bassanalytics@live.com. I will send you an email every time there is a new post.Any views expressed herein are provided for informational purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest.The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
No comments:
Post a Comment