Trading Journal – 17th December

DXH19 – still not through 97.

E6H19 – still trading sideways

GCG19 – 2 of the shorter term averages are turning higher. 100 day average is almost there.

SIF19 – silver has managed to bounce back and I’m wondering if it’s making an interim break?

PLF19 – Thursday might have been a good day to sell judging from how the session finished after touching the short-term average.

HGH19 – sideways.

KCH19 – waiting for 98.55.

CCH19 – on a 6 month chart this is starting to look like an upside down head an shoulders. It made a low in August, went lower and failed in October then failed again in November at a higher low. Might be worth watching for a break of 2395. Although the 200 DMA has just turned over.

SBH19 – the price seems to be finding support in between the 50 to 61.8% retracement mark of the move from 10.79 up to 14.24. If it keeps on holding here this could be a good chance to get on board an uptrend.

LSF19 – waiting on 300. It’s slowly getting there.

CTH19 – cotton has been a constant battle ground over the last month. Not a place for me to get involved.

OJH19 – and it looks like yesterday’s massive range will be resolved to the downside.

ZCH19 – still trading sideways, on balance I’d say its being supported. Edging higher as well. Might be worth buying some OTM calls around 400.

ZWH19 – making a break for the 200 day moving average? The next hurdle is the 200 day moving average but I don’t have a strong view.

ZSF19 – holding above 900 for now. I’m not filled with confidence. Need some supporting evidence. The 200 day moving average is at 935 so that could be a good low risk high reward selling point.

ZMF19 – indecisive

ZOH19 – a bit lower today and a small negative candle (again).

RSH19 – coming off now.

DYZ18 – any chance I get to sell near the 40 day moving average I will be taking.

ESZ18 – the price has drifted down to the floor sooner than expected. Is it a sell here? I’m not sure. It’s already attempted a break lower and failed. After it rejected the rally on the 6th of December it is not looking good. Think I will buy some short expiry (3 days to 1 week) 2500 puts.

NQZ18 – ditto for nasdaq, it’s almost down through 6500. We could be seeing a sharp break lower sometime soon.

VIZ18 – no chance for me to do anything at the moment

Actions required as a result of today’s journal
– I emailed Edgewonk directly to which they replied it doesn’t necessarily match to a specific contract but should provide a general idea of performance against the product, which I took to mean that it won’t be accurate.

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