Support and Resistance Track Record

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Support and Resistance Track Record
- May 2007

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 May 2007

 

Date Pos. Market In Out Profit/Loss
May 10 Sold June Japanese Yen 8337 8377 $500 loss
May 7 – 10 Sold July Oats 265 3/4 255 3/4 $500 profit
May 10 Sold June Live Cattle 9137 9262 $500 loss
April 26 – May 11 Sold September Eurodollar 94795 94765 $75 profit
May 14 – May 16 Long June Canadian Dollar 9039 9103 $640 profit
May 17 – 23 Sold June EuroFX 135.07 135.07 $0
May 21 – 29 Long July Soy Meal 216.1 216.8 $70 profit
May 24 – 30 Sold June Australian Dollar 8209 8223 $140 loss
May 22 – 30 Long July Canola 379.1 385.5 $128 profit
  Gross Profit: $1413 per contract Gross Loss: $1140 per contract


Net Profit: $273 per contract
 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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