CURRENCIES
September Canadian Dollar CDU9
We got stopped out on Monday’s rally but I’ll continue to run the buy order for Tuesday. I’m a little apprehensive because we’ll often see a “clearing” of the buy orders before the next push lower. Let’s hope this is not one of those times.
COMPLETION of Short September Canadian Dollar at 8547 (July 
Exit Stop: 8671
Approximate Loss: $1240 per contract
New trade:
If the September Canadian Dollar opens at or below 8700
BUY September Canadian Dollar at 8761 (stop)(day)
If filled: Exit Stop: 8547 (stop)(GTC)
Approximate Risk: $2140 per contract
Profit Target: 8947 (limit)(GTC)
Approximate Profit: $1860 per contract
Degree of Risk: Moderate to HIGH
September Japanese Yen JYU9
Resistance continues to hold in the Yen. This might overpower the buyers and send the market lower for the short term but I’ll stick with the trend for now.
If September Japanese Yen opens at or below 109.00
BUY September Japanese Yen at 109.25 (stop)(day)
If filled: Exit Stop: 107.25 (stop)(GTC)
Approximate Risk: $2500 per contract
Profit Target: 110.05 (limit)(GTC)
Approximate Profit: $1000 per contract
Degree of Risk: Moderate to HIGH
FINANCIALS/INDICES
September mini-DOW YMU9
So much for avoiding the next pullback move! Yikes! What a rally!
COMPLETION of Short September mini-Dow at 8069 (July 10)
Exit Stop: 8213
Approximate Loss: $720 per contract
GRAINS
September Oats OU9
Looks like we might have had the right idea in Oats but the huge opening gap voided our trade. Staying FLAT for Tuesday.
MEATS
August Feeder Cattle FCQ9
Watch List – Feeder’s rallied to start the week but there doesn’t seem to be much momentum following the higher prices.
August Live Cattle LCQ9
Watch List – Ditto.
August Lean Hogs LHQ9
Whew! Got out of the Hog trade with profit to start the week. I wasn’t too concerned (as I think we’ll see higher prices still) but it’s nice to bank the $1000!
COMPLETION of Long August Lean Hogs at 6182 (July 6)
Profit Target: 6460 (limit)(GTC)
Approximate Profit: $1110 per contract
SOFTS
October Sugar SBV9
Watch List – If we see resistance form here for Tuesday I might entertain a short position for Wednesday.
