Support and Resistance Track Record

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Support and Resistance Track Record
- January 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 January 2005

 

Date Position Market In Out Profit/Loss
Jan 3–6

Sell 

March Bean Oil

2039

2017

+ 132

Jan 3–5

Sell

March Cocoa

1534

1534

0.00

Jan 3–5

Sell

March Silver

678

 655.5

+ 1175

Jan 4–6

Sell

March Wheat

300 ½

298

+ 125

Jan 3–5

Sell

Dec. Eurodollar

96.3775

96.325

+ 130

Jan 5-7

Buy

March Cotton

4503

4555

+ 260

Jan 4–6

Sell

March Corn

200 ¾

203 ¼

- 125

Jan 11–15 Buy

Feb Live Cattle

90.875

 91.675 + 320
Jan 10–12

Buy

March Canadian $

8186

8343

+ 1570

Jan 12–13 Sell March Bean Oil 1978 1988 - 66
Jan 10–13 Sell Dec  Eurodollar 96.265 96.2975 - 82
Jan 13–20 Sell March Corn 199 ¼ 197 ¾ + 75
Jan 18–20 Buy March Cotton 4656 4789 + 665
Jan 18–20 Sell March Bean Oil 1949 1977 - 168
Jan 18–19 Sell March Wheat 196 ¾ 300 ¼ - 175
Jan 19–25 Sell April Live Cattle 8867.5 8720 + 590
Jan 19–20 Sell Dec  Eurodollar 96.245 96.300 - 145
Jan 21 Sell March Canadian $ 8097 8121 - 240
Jan 27 Sell March Canadian $ 8053 8086 - 330
Jan 31–Feb 1 Sell March Cocoa 1557 1532 + 250
Jan 31–Feb 1 Sell March Silver 672 677.5 - 275
      Total profit:
$5292
Total losses:
$1606
Net Profit for January 05:  $3686
 before commissions and fees

 

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U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.



 

 

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