More bad news on the economic front brought lower stock markets. Copper has been down for the past month, and this is often a harbinger of declining economic growth.
Closed PositionsSymbol Entry Out Profit Days
Short Euro ECU10 122.86 122.61 $313 2
Short Euro FXE 121.57 122.24 -0.6% 2
The active portfolio is as follows:
PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Cotton CTZ10 79.31 76.38 74.71 -$1,465 20
Long Cotton BAL 38.51 37.65 36.83 -2.2% 20
Short S&P ESU10 1110.50 1026.60 1093.75 $4,195 9
Short S&P SH 50.17 55.01 50.94 9.6% 9
Long Soymeal SMZ10 267.50 266.50 255.50 -$50 2
Long Swiss SFU10 92.58 92.84 92.77 $325 2
Long Swiss FXF 91.81 92.20 92.13 0.4% 2
There are two new signals for tomorrow:
Sell short the New Zealand Dollar: 71 wins out of 81 trades for a 88% win-ratio.
Sell short the British Pound: 6 wins out of 7 trades for a 86% win-ratio.
We will track New Zealand only in the BLOG.
See you tomorrow!
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.
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