There’s lots happening this week of January 7, 2019:
China trade talks.
Shutdown means no WASDE this week.
Continued optimism for the stock market?
Gold and Silver prices.
Today’s Trade Commentary is here:
Please understand that placing my trades in newsletters and here in the Trade Commentaries is intended only for educational purposes. You are totally responsible for your own trades. I share my thoughts, my research, and positions with readers so they might gain some insight into this type of trading. Whatever trades you may or may not consider, always remember that money management for this type of trading is extremely important.
My Current Positions:
Short the APR19 Crude Oil 70-strike CALL at 0.18 ($180)
Short the FEB19 Gold 1100-strike PUT at 0.60 ($60)
Short the FEB19 Gold 1500-strike CALL at 0.70 ($70), and
Short the APR19 Gold 1600-strike CALL at 0.60 ($60)
Short the JUN19 Crude Oil 70-strike CALL at 0.420 ($420)
Short the MAY19 Corn 360-strike PUT at 3.375 ($168.25)
Note: I have a GTC order for closing purchase of FEB19 Gold 1100-strike PUT at 0.10
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The commentary and examples are for teaching purposes only and are not intended to be a trading or trade advisory service. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein on the web site and/or newsletter, are committed at your own risk, financial or otherwise. Trading with leverage could lead to greater loss than your initial deposit. Trade at your own risk. Investors and traders are responsible for their own investment/trading decisions including entries, exits, position, sizing and use of stops or lack thereof. This is not a trade advisory service and is for educational purposes only. The content on the pages here is believed to be reliable - but we cannot guarantee it.