CURRENCIES
September British Pound BPU9
I think we caught a lucky break in the Pound trade as the market never traded high enough to find our order (in the day session). The dropping RSI and lack of momentum is getting me to sit on my hands for Wednesday.
September Canadian Dollar CDU9
Watch List – Still waiting for a reaction but things might stay quiet for the rest of this week.
September Japanese Yen JYU9
Support gave way nixing our buying attempts. Take Wednesday off.
September US Dollar Index DXU9
Ooops! That’s not good! Time to tighten everything up. With a bit of luck we’ll hit the profit target before the stop loss!
CONTINUATION of Short September US Dollar Index at 80330 (June 23)
Exit Stop: 80700 (stop)(GTC)
Approximate Risk: $370 per contract
Profit Target: 80000 (limit)(GTC)
Approximate Profit: $330 per contract
Degree of Risk: HIGH
FINANCIALS/INDICES
FLAT
GRAINS
September Soybean Oil BOU9
Nice call in Bean Oil but the opening gap never gave us a chance. FLAT for Wednesday.
MEATS
FLAT
METALS
September Copper HGU9
Watch List – Ditto for Copper.
