Support and Resistance Track Record

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Support and Resistance Track Record
- April 2005

The purpose of this section is to give you a feel for which markets might be worth trading and which you might pass on given your own set of circumstances. The figures quoted are based on the price levels outlined in the ezine, trading single contracts and do not accurately account for slippage, commissions or other trading related fees. The Score Card is updated monthly.

PLEASE NOTE!!! Trading commodities is RISKY!!!! These figures are estimates in the interests of tracking the trades. Erich may or may not have a real money position in any market covered at any given time. This Score Card does NOT apply to Tom's Trades.

Summary for the Month of April 2005

 

Date Position Market In Out Profit/Loss
April 1–19

Sell

July Wheat

329 ¾

304 ¼

1275 profit

April 1–5

Sell

July Bean Meal

184.9

184.9

0

April 4

Sell

July Silver

693.3

697.6

- 215

April 5–11

Sell

July Corn

207 ¾

205 ½

+ 112 profit

April 5–15

Sell

July Cocoa

1554

1487

+ 670

April 18–19

Sell

July Corn

212 ¾

215 ¼

- 125

April 19-22

Buy

July Bean Oil

2303

2303

0

April 18–19 Sell

June Canadian Dollar

8007

8032 - 250
April 22

Buy

June Live Cattle

8617

8567

- 200

April 26–29 Sell June Canadian Dollar 8054 7977 + 770
April 27–28 Buy July Cocoa 1503 1487 - 170
      Total profit:
$2827 per contract
Total losses:
$960 per contract
Net Profit for March 2005:  $1867
 before commissions and fees

 

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