Targets for 2009

Objectives: Read Profits in Commodities by WD Gann – now this I am assured does not contain any other-worldly theories, or angles – but just good advice by the look of the preview. Scale into Oil Services stocks (RIG, ETF – IEZ) and agricultural ETF (MOO). Read Exxon Oil Outlook 2030 Scale into agricultural commodities, [...]

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Sunday review

Here is my cotton trade reviewed, with contract note, being the largest gain so far this year. Commodity sell off in progress, so will wait and see / wait for base or support to come in before buying in again, in cotton, coffee and sugar. Newmont – is it close to a pivot point at [...]

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Parallels…1906 vs 2008

“I studied the situation in 1906 and I thought that the money outlook was particularly serious… It was good hard cash that went up in cannon smoke in the Boer War, and the millions spent for feeding nonproducing soldiers in South Africa meant no help from British investors as in the past. Also, the earthquake [...]

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Positions update

Here is my open position as of yesterday, Coffee has gained today and made a high at 2128 before falling back some, as have silver, buying more at 1710. Long DAX30 since closed for a loss of about £75 and also stopped out of £15/point NR at 106. Will buy back in as it moves [...]

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Trading review since opening capitalspreads.com account

Since opening the account my result are as follows (in GBP£ – double this to get US$) This is on discretionary/ my choice of tradeswith no system for entry or exit other than when I feel like it. I am aiming to eliminate all losses over £100 and ideally have all losses falling in range [...]

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