2/15: *$101,685.77
2/21: *$104,015.99
PL%: +2.29%
Have had back to back weekly gains after a poor start to the month to now be up slightly for February. Booked solid gains from the Cotton and E-Mini Nasdaq trades earlier this week. Currently hold two positions, long Soybean Meal and short Coffee. Both made very nice advances yesterday but pulled back a touch today. Plan on tightening the stops for both to lock in some profits if they do continue pulling back going into Sunday’s overnight opening and into the week.
I like to scour the markets over the weekends while they’re closed to look for fresh opportunities. I typically like scanning the weekly charts (and monthly charts from time to time) to identify promising patterns then use daily charts to drill down specific entries/exits/targets/stops which I monitor throughout the trading week.
*Numbers based off adjusted starting capital amount of $100,000
JL Nexus 