Natty Long *update*

Target one achieved. Conservative players move stop to breakeven.

Natty Long (plus other updates)

Have not posted here in a long time. Swing trade set-up for Sep. Natty.

LONG $1.70.
STOP $1.63 = risk per lot $700.
TGT #1 $1.84 = $1400.
(If using multiples, TGT #2 $1.91 = $2100.)

I marked $1.92 on image as more optimal exit target at a previous level of resistance. Ideally, if price moves thru $1.91, then trail to $1.91 awaiting $1.92 target.

Seasonality could assist the technical setup here:

Updates (on positions not shared in any prior blog posts):

Aug Live Cattle - loss.

Swissie Long, trail at b/e.

Wheat, waiting for TGT #1; stops moved to B/E.

Gold, TGT 1 & 2 hit, trailing at B/E, waiting to move stop behind ~$1800.

On the radar;
Euro RSI divergence:

5 year, tight coil for volatility spike up or down.

Swissie Breakout

Here's the break out of range on the Swissie on the reopen last night.

Long 1.0496, first target 1.0598.

2:1 risk reward = $637.50 risk, to profit $1275 per contract.

Euro Short

Strong trend. Bit of a H&S pattern, then a DT at a lower high. TL broke, would look for 2:1 risk/return short on a pullback to 50% Fib.

Risk $812.50. Reward on tgt 1 only = $812.50. TGT 1 + TGT 2 = $2031.25

Peso Long

Breakout to the upside of congestion box on 1HR chart:

Long .05169. Risk to .05063. Target #1: .05240. $355 gain. Target #2: .05311, $710 gain.

Update:

Both targets hit. +$355 + $710. = $1,065 gain.

$CAD long

Initial TL BO, then a retest of that TL, with a turn around in the 1hr close over .7880

Aug. 22 update:
After testing 61.8%Fib, would have to move trailing stops to breakeven here

August 22, 2nd update: Target #1 achieved.

March 3

Dropped the ball, possibly on another coffee TL BO.

Will need to watch re-open and NY session in cotton to see if it can break over 56.75.

Watching for a test of TL on Yen.

Palladium has screamed higher. Daily continuous for thoughts on entry.