Support and Resistance Track Record

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Support and Resistance Track Record
- December 2004

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 December 2004

 

Date Position Market In Out Profit/Loss
Dec 2

Whipsaw

Canadian Dollar

- 290

Dec 6-7

Buy

Wheat

305 ¾

304

- 87.50

Dec 7–8

Sell

Canadian Dollar

8294

8128

+ 1660

Dec 10

Whipsaw

Cocoa

- 170

Dec 16–20

Sell

Corn

203 ¾

206 ½

- 140

Dec 13-15

Sell

Cocoa

1614

1625

- 110

Dec 22-23

Sell

Canadian Dollar

 8097

8080

+ 170

Dec 22-23

Sell

Cotton

4349

 4299 + 250
Dec 22–23

Buy

Wheat

302 ¼

307 ½

+ 260

      Total profit:
$2340.00
Total losses:
$797.50
Net Profit for December:  $1542.50
 before commissions and fees

 

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