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Author: NULL

1/12/09

The top channel moved down in a bit in Coffee: now at 123.35. Sugar (SB) had a big down day, making a sell look about as likely as a buy.Sell SB

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Week of 1/11/09

These are the possible trades I’m looking at so far for this week. Buy Feb GC > 892 Buy March SI > 11.77 Buy March CC > 2718 Buy March SB > 13 Buy March KC > 123.80 Sell Feb CL

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Background on my Trading

My approach to trading isn’t very complicated. Entry: enter on a breakout, defined as: exceeding (or going below) the 60 day donchian channel (with a fudge factor). Exit: .5*ATR (average true range) retracement from the...

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