Author Archives: proprietor

12 April Futures Update

Disclaimer- The following is presented for entertainment purposes only. Do not attempt to trade using this data! I recommend that you not trade futures at all. Among other things, you can lose more than your initial investment if you do so.

We received a buy signal in Gold, although we’re long and have been for a while. We also continued to get buy signals in the bonds, notes, and unleaded gas. I expect a sell signal in copper very soon unless there is a market change; however, it didn’t come today.



11 April Futures Update

Disclaimer- The following is presented for entertainment purposes only. Do not attempt to trade using this data! I recommend that you not trade futures at all. Among other things, you can lose more than your initial investment if you do so.

Today was a strong “up” day for the system, with almost all of the current positions gaining value. The bonds and notes were sharply up today, while the stock indices were mixed, but closed well off of the lows. Gold surged higher, while copper and hogs were up slightly and our unleaded position which we entered today closed with a loss.
I don’t pretend to understand why the market moved the way that it did, but since I trade using an algorithmic trend-following approach I don’t have to understand the “why”.