Futures Mom 016
Friday, February 24, 2017, 03:48 PM - Futures Mom
- long on March 2017 Wheat. 10:48 AM.

  |  permalink

Futures Mom 015
Wednesday, February 22, 2017, 10:19 PM - Futures Mom
- a couple more trades, but each hit the stop, sigh.
  |  permalink

Futures Mom 014
Monday, February 20, 2017, 02:38 AM - Futures Mom
- husband had cataract surgery, now it's 9:37 PM, just sent order to go long on BPH17. Entry is stm, so will see how/if filled.

- Order filled at 2:36 AM. Reached target at 3:56 AM.

- On chart, formatting places the account number with the entry arrow, irritating; no way to get good entry/exit arrows picture with off-hour trade, resorted to line.

- President's Day, holiday trading hours, excel sheet from CME for trading times.
  |  permalink

Futures Mom 013
Tuesday, February 14, 2017, 03:41 PM - Futures Mom
- 10:41 AM, TYH17 & E7H17 move against me, while I'm at Rusi's eye surgeon. Huge movements, shooting through two levels on TYH17. Skips my stop price, so damage is large.

- huge moves on at least half the contracts. Must be Yellen or someone said/did something around 10:00 AM.

- "US wholesale inflation sees biggest monthly gain in 4 years

AFP, February 14, 2017

The Producer Price Index, which measures prices from the seller's perspective, rose 0.6 percent in seasonally adjusted figures, which was the largest such gain since September 2012 (AFP Photo/JUSTIN SULLIVAN)

Washington (AFP) - US wholesale inflation continued its upward trend in January, recording its largest monthly gain in more than four years, according to data released Tuesday by the Labor Department.

The Producer Price Index, which measures prices from the seller's perspective, rose 0.6 percent in seasonally adjusted figures, which was the largest such gain since September 2012 and well above an analyst consensus forecast of 0.3 percent.

Excluding food and energy, the index saw a monthly gain of 0.4 percent.

Year over year, however, the figure was unchanged at 1.6 percent, unadjusted.

"In short, fairly strong and not just because of energy," Jim O'Sullivan, chief US economist at High Frequency Economics, wrote in a client note.

"The core measures continue to show some acceleration, even if the latest data were exaggerated a bit by volatile trade margins."

The large month-to-month gain supports views among US monetary policymakers that further interest rate increases may be necessary in 2017 to contain inflation. The central bank earlier this month left interest rates unchanged after raising them in December for the first time in a year.

The Federal Reserve during most of 2016 refrained from raising rates too quickly for fear of interrupting a fragile recovery but has taken a different view of the likely course of monetary policy in 2017, citing "uncertainty" as any expansionary fiscal policies from President Donald Trump's have yet to take shape -- despite promises of infrastructure spending, slashed taxes and regulation.

Tuesday's Labor Department figures also showed that upward price pressures were less apparent when the more volatile categories of food, fuel and trade were excluded.

By this measure, prices rose only 0.2 percent in January, up a tenth of a point from December but matching November's increase. For the year, the measure rose only 1.6 percent, down a tenth from the result recorded in December."

- "Fed Chair Yellen: 'Unwise' to wait too long to hike interest rates
Jeff Cox : @JeffCoxCNBCcom

Waiting too long to raise interest rates would be "unwise" as economic growth continues and inflation rises, Fed Chair Janet Yellen told Congress on Tuesday.

Repeating caution that she and other central bank officials have issued in recent months, Yellen said that even though the Fed expects to hike gradually and to keep policy accommodative, getting rates back to normal levels is important and hikes will be considered ahead.

Market reaction was prompt, with government bond yields jumping on the news. ... ..."

-------------------------
  |  permalink

Futures Mom 012
Monday, February 13, 2017, 03:12 PM - Futures Mom
- cancelled QMH17 order, didn't catch an entry.

- confused over the last NGH17 order. Hold no positions overnight?

- entered long order for TYH17, March US 10 Yr Treasury Notes.

- resource, https://finance.yahoo.com/commodities

- Not happy with trade loss. Went to check setup around 5:40 PM Sunday. But looked as though stop was in the wrong place (I think trading desk put the trade back on, and put the stop in a funny place). I was alarmed and did a replace stop price for the stop position.

- But I was distracted with the calculation for correct stop price & Asha jumping into my lap (causing me to exit observing the position/trade). Had I not been using the time to re-calibrate the stop price, I could have exited the trade for profit. The delay in time was due to the seeming odd placement for the stop, without sufficient time to consider implementing my sub-rule to get out of the trade.

- Of course, it's all only my fault for not designing my work environment to allow sufficient time to assess the situation and I was anyway gun-ho enough to stay in long (since I hadn't seen the gap down yet). I could call trading desk and whine about the misleading stop setup.

- But then it's my job to know the stop price (not have to calculate ad hoc), to know setting position back-on by the trading desk may look odd, not to get flustered, not to have a large, difficult, 45+ lb toddler assault me at a rickety card table stuck back in the corner in my kitchen where I am Futures Mom, ready to shout and throw said toddler who bothered me all weekend and breaking off to handle her play, play, play, stupid stupid stupid play and my husband wildly cooking a curry with the absurd, treacherous fake news press spewing lies and lies, and I have to delay the telephone call to my relative to give good wishes before rapidly scheduled surgery for life-damming hellacious cancer.

- It's all my fault, nobody else's. Take some responsibility, even if every time you throw out the garbage, you're thinking how no way is Kate Middleton slinging the filthy garbage all over like some middle-aged plus beast of burden. Just stop whining and make money. Just do it. Just don't be an idiot. Just fix it, be Futures Mom.

- see, I'm glorious, all my failures are fine vituperations so much more engaging than little toddler's discontents, so important, so pathetic, so divine, here on a shining, sunny Monday morning.

- sent short order for March British Pound.

- NGH17 gap down due to ??, company withdrawing plan to do natural gas in Canada, favoring USA instead. Large gap not reflected in other commodities, so particular to this contract.

- stopped out on BPH17. If I had followed my sub-rule (close trade if profit is + $100) on NGH17, I'd be ok now.

- entered order to go long on March e-mini Euro FX.

- 12:43 AM, my E7H17 position is in the green. Meets threshold for taking the profit sub-rule, but I will go to bed instead.

- 12:56 AM, TYH17 order not filled, price moved into a demand zone above the setup demand zone. Cancelled older order, sent new order, hope to catch price exiting higher demand zone. Good night.



  |  permalink

Futures Mom 011
Monday, February 13, 2017, 01:11 AM - Futures Mom
- Very tedious waiting through the weekend for the market open. Orders cued.

- Market opened at 6:00 PM EST. Gap down on a position, NGH17, past my stop, huge $660. loss, another position hit my stop, E7H17, last cued order, QMH17, not moving.

  |  permalink

Futures Mom 010
Friday, February 10, 2017, 08:28 AM - Futures Mom
- 2:49 AM stopped out on ECH17.

- Cancelled ADH17 order, redrew supply.

- 7:30 AM, sent order for long March Copper, HGH17.

- 9:15 AM, Copper moved strongly & exceeded support, but didn't catch an entry, cancelled order.

- 11:20 AM, ADH17 headed to supply, took a short position.

- 11:30 AM, ADH17 stopped out, HGH17 way high.

- Placed order to go long March e-Mini Euro FX.

- Placed order to short March e-mini Crude Oil QMH17.

- 3:30 PM, placed order to go long on March Natural Gas NGH17. Filled on E7H17.




  |  permalink

Futures Mom 009
Thursday, February 9, 2017, 01:42 PM - Futures Mom
- went short on e-mini Dow Futures ($5.00) at 8:40 AM.Showed toddler the trade.

- sent short order on ADH17, Australian dollar, 8:50 AM.

- 9:00 AM, ADH17 ordered filled.

- A couple more decent setups, waiting on real time purchasing power.

- YMH17 stopped out at market open. Watched with toddler, while she talked about ongoing snow storm.

- ADH17 closed in green, profit $400, 89% of cost of trade, 10:33 AM. Call from Edul.

- Gold down sharply, infer Trump said something good. Correct: "Trump vows big tax cuts".

- 10:28 PM, sent order for long March Euro FX, ECH17.

- Sent another order for shorting ADH17, 10:36 PM.


  |  permalink

Futures Mom 008
Wednesday, February 8, 2017, 03:58 PM - Futures Mom
- entered order for long on CLH17 again, 10:45 AM, but price may have moved too much outside demand zone.

- took short position for March corn, CH17, 11:05 AM. Not thrilled with setup, would like supply and demand further apart, but it's ok, not too bad. Could exit before target.

- cancelled open order for CLH17, price outside of demand, 11:05 AM.

- corn stopped out. Had lunch. 1:25 PM.


  |  permalink

Futures Mom 007
Tuesday, February 7, 2017, 03:02 PM - Futures Mom
- entered short order for HGH17, 10:00 AM. Going to doc.

- back from doc, price moving away from setup, cancelled order, 12:50 PM.

- Ordered tuna salad sandwich and got egg salad. I can't eat egg salad.

- entered long order for CLH17, March crude oil, 1:02 PM.

- position got filled, 1:08 PM.

- nice setup for NQH17, March e-mini NASDAQ 100, but real time purchasing power would be exceeded, 1:23PM, so hold off.

- could have entered a good setup for the Australian dollar last night, but was too tired. Husband forwarding email, but won't tell me topic, my email not up right now, I had coffee & I'm trading. Live. Good I held off Australian dollar, supply and demand not far enough apart afterall.

- CLH17 price clearing 30% profit, price is all up, so suspending sub-rule to settle trade, price heading in direction of target exit.

- e-mini Crude Oil setup good, but am already in a Crude Oil trade.

- CLH17 closed at 4:06 PM. Price reached target. Profit. 93%.








  |  permalink

Futures Mom 006
Monday, February 6, 2017, 06:40 PM - Futures Mom
- entered a position, short on 10 yr US treasury note, TYH17.

- Husband behind me putting clothes in washer, then going for lunch. Pause. Price moving my way through husband's lunch.

- wrong, price moving against position, watching while waiting to get stopped out, husband back in laundry, does Peter Falk over & over, still in position, hungry for lunch

- position stopped out at 7:15 pm.

  |  permalink

Futures Mom 005
Monday, February 6, 2017, 03:22 PM - Futures Mom
Stopped out on Copper futures position at 4:00 pm close, Friday. Not a great way to start the weekend. Busy, so I was over it fast.

Went to blog this note, Monday morning. Web site down. Submitted trouble ticket at host support, web site live again. One minute turnaround, in shock meanwhile.

Ok, wheels are back on car ... ...
  |  permalink

Futures Mom 004
Friday, February 3, 2017, 08:11 PM - Futures Mom
- reviewed supply & demand
- took all the lines off my charts
- re-drew supply and demand on charts
took husband for eye surgery, straightened toddler's toys
- entered a position on copper, HGH17

  |  permalink

Futures Mom 003
Wednesday, February 1, 2017, 05:51 PM - Futures Mom
Took a profit. BPH17. 4%. Exited early. Didn't like the position. Stop inside supply zone. Entry was market order inside supply. Price was going sideways for an hour. Give it a "C".

Meantime, I forgot everything I knew. But didn't stress that much.
  |  permalink

Futures Mom 002
Wednesday, February 1, 2017, 04:31 PM - Futures Mom
I'm live. In green.
  |  permalink

Futures Mom
Wednesday, February 1, 2017, 04:05 PM - Futures Mom
Completed simulation for futures trading. 25% return, 250% annual return.

Reasonable expectation for beginning futures trading is to break even, so my result is ok.

Ready to be live.

Say a prayer I don't blow the whole treasure :)

---------
  |  permalink


Back