I am implementing the Trading Drills that Dr Brett posted a few days back on his traderfeed.

Those are three drills: one for a 10 min span. Another for 30 min and one for positional in hours. I have just not implemented the last one because it deals the management of a big position during the intraday and I just have focused in the first two.

The market I’ve been trading is CL, but later on I pretend to extend this drills to simoultaneous markets and I recognize more opportunities.

Today I made one 5min drill with a los of $65 and two 30min trades. Yesterday was a 30 min tryout and profit was $195 (net of everything) and was risking $775. Today’s trade was interesting:

I se two limit orders: one short and another long because the crude seemed pretty quite about 12.20pm CT and I thought that the strategy would be to follow the direction either it was up or down. Market was at 78.35 as I developed to put two limits, one buyer at 78.61 and a seller at 78.04. I give them 30 mins to be filled and they weren’t.

But 1.5 hours later mkt was at 78.81 which would have been an interesting position.

The reason I would put why to follow the uptrend is because my systemd based on the call/put volume, which happens to be a short only signal, has not been active in the last days.

So a drop in price would give me some reward if 30 mins would have been eonough to maitain a low price maybe to buy it back at that very point.

Also I am testing a KC system which I found for my birthday and has been very nice in paper. Since 29G to date the evolution would have been like this:

to implement in the market workshops at ufm.

http://traderfeed.blogspot.com/2010/02/training-traders-role-of-simulation-in.html

Industrials:

steel, cooper and aluminum seem to defy destiny trying to persevere outwards up trend continuation. In the Softs complex it’s important to note how cardamom is reverting the tough uptrend hold in the last months. It’s interesting how TSR20 wasn’t as damagaded as crude oil being both so correlated. Cotton is making some noice upwards.

No fundamentals from the USDA because snow in DC, so It’s been pretty much a true market, supply and demand of orders.

US$ index is dancing the same song cardamom, reversal.

it’s incredible how industrials have the ability to regain rythm after they lose with some falling days.

Sugar seems enthusiastic about continuing that strong trend.

if c/p vol >1 at t0 then s at the open of t+1 and b when the mkt close. Check defined times in the futures.

si el volume en calls es mayor al volumen en puts (4 first contact months)
sell al close y recomprar al close t+1.
Muy pocos datos todavía.