Trading Journal – 19th January 2019

DXH19 – DXY bouncing earlier than expected. no action for now.

E6H19 – The Euro is still holding above 1.14. Looks like my options will expire worthless at this stage.

B6H19 – I’m surprised Sterling is holding up so well after the Brexit vote. I thought some last minute fear of consequences would prompt the politicians to push it through. Clearly not!

GCG19 – Obviously I’m biased (being long) but at this stage just another pull back in the uptrend it looks like. I want to buy more call options but it could move against me. Don’t invest more until it shows a return. I did buy one more and wasted the premium by not following the previous rule. Price now fading away as could be expected but I got carried away in the moment and wasted capital. going long into a downtrend (by buying a call option).

SIF19 – I went long yesterday at 15.62 and a stop at 15.50. Down a bit this morning.

PLH19 – the pullback did happen after the break out on the big bullish candle and I got filled on my buy order at 812 but stopped out towards the end of the session at 801.50.

HGH19 – still moving higher, My impression is the rally should be faded but perhaps I should be more patient before acting.

SBH19 – got stopped out at 12.95. All the moving averages are coming together so there could be a positive outcome here.

CCH19 – cocoa seems to be losing the battle, see if the medium term averages can halt the slide, they are the last hurdle to break.

KCH19 – still finding support at the old low. 100 would seem to be a big level and hearing stories of coffee migration makes me think there is a good opportunity to go long from 99.

OJH19 – OJ overall not looking good, more likely to continue lower.

CTH19 – The bounce is weakening already. Cotton could be making a bearish break – good set up to sell into the 40 day moving average.

LSH19 – Price up again and starting to look more positive now. This could be a rally up towards 402.

ZWH19 – still sideways.

ZCH19 – no real pattern aside from a broad range trading between 400 and 360. So that would say buy at 360 and sell at 400.

ZSH19 – Is it a buy around these levels? Maybe between 890-891 with a stop at 883.

ZMH19 – still finding support around 305.

ZOH19 – strong rejection at 300. but looks like now the support was at the 100 DMA.

RSH19 – I got stopped out at 483.

CLG19 – The previous high was 53.31, I have left a short order just under that level and stop just above.

NGG19 – huge volatile moves in gas continue. A big positive candle following the rejection earlier this week.

LEG19 – I got stopped out at 126.90

DYH19 – I’m going to take on large short positions in cheap OTM options as the price moves towards the 200 DMA.

ESH19 – I was stopped out at 2640. I’m going to take on large short positions in cheap OTM options as the price moves towards the 200 DMA.

NQH19 – I’m going to take on large short positions in cheap OTM options as the price moves towards the 200 DMA.

VIG19 – going low from the 200 DMA.

Action:
– after writing each entry, check whether I need to add an action to my list
– buy VIX
– review my daily journal for action items I have missed before sending it.

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