Trading Journal – 31st January 2019

DXH19 – DXY fading from this bounce before I expected it, I thought it would probably test the 97 barrier before it came back to the 100 day moving average again. Could be heading for the 200 DMA.

E6H19 – The Euro is still holding above 1.14 and heading for the 200 DMA?

B6H19 – went long 5 x 1.24 put options with a 2 week expiry. Unlikely to get hit but just on the chance that this all goes horribly wrong, the risk reward seems good from the 200 DMA.

GCG19 – Unexpectedly got stopped out on an order I wasn’t aware was in at 1307. Disappointing to miss out on this move but paying the price for not paying attention to my outstanding orders.

SIF19 – Silver is still going strong although the downward angle of the 200 DMA is a concern (unusual to push on very far when the 200 DMA is strongly sloped against the short term uptrend.

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.

PAH19 – Still driving higher, bouncing off the 15 day moving average.

HGH19 – copper breaking to the upside, strong towards the 200 DMA.

SBH19 – back down to the 200 DMA, a lot of converging signals.

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. Only a couple of days to go until expiry, so I will enter a limit order for one and let the other expire in case the price runs lower.

KCH19 – still finding support at the old low. 100 would seem to be a big level and hearing stories of coffee plantation worker 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 – looks like consolidation before the downtrend continues at this stage.

LSH19 – I went short at 410 with a stop at 410.6 and was stopped out for a small loss. Perhaps I should check what is the 6% barrier through the level, based on a 200 DMA of 398 the stop would be 421.

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 – Short around 6% through the 200 day moving average.

ZMH19 – still finding support around 305.

ZOH19 – buy near 280 at the 100 DMA?

RSH19 – Glad that I had a stop in place as the price has continued higher and I would have been bleeding now even though the bigger picture does not look good for canola. If this rally continues then it would probably be a good sell at the 100 day moving average which will be close to the previous High from the 7th of December at 496.30.

CLG19 – short near 55?

NGG19 – too much going on here for me to get involved. Right back near the lows.

LEM19 – need a little more detail in this because it could be a good buy around the 100 day moving average.

DYH19 – same as nasdaq and spx.

ESH19 – I’m going to take on large short positions in cheap OTM options as the price moves towards the 200 DMA. Don’t know how long I should wait with this but it’s not too far away now.

NQH19 – I’m going to take on large short positions in cheap OTM options as the price moves towards the 200 DMA. Bought 2 x very short dated expiries and will continue to buy short term near dated expiries.

VIG19 – going long from the 200 DMA.

Action:
– after writing each entry, check whether I need to add an action to my list
– buy VIX
– start buying near dated put option expiries for equities.
– review my daily journal for action items I have missed before sending it.

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