Trade Accord
Tuesday May 06, 2008
Daily Updates 9:30 am EST
Note: The Trade Accord will not be published May 9th - 12th
due to the geographic relocation of Excel Futures.
We shall resume publication May 13th. We are sorry for any inconvenience.
Our new address (effective May
12, 2008) is:
4440 Von Karman Ave
Suite # 115
Newport Beach, CA 92660
Today's Trade Recommendations
|
Date |
Buy/Sell |
Month |
Commodity |
Strike |
Put/Call |
Price |
Stop |
Previous Days Close |
|
05/06/2008 |
Sell |
Jun |
S&P 500 |
|
|
143790 |
145790 |
140830 |
|
|
Buy |
Jun |
Euro Currency |
|
|
15411 |
15269 |
15468 |
|
|
Buy |
Dec |
Gold |
|
|
8611 |
8311 |
8864 |
|
|
Buy |
Jul |
Wheat |
|
|
791'6 |
747'0 |
805'4 |
|
|
|
|
|
|
|
|
|
|
|
Spreads |
|
|
|
|
|
|
|
|
|
|
None |
Today |
|
|
|
|
|
|
Open Transactions
|
Date |
Buy/Sell |
Month |
Commodity |
Strike |
Put/Call |
Price |
Stop |
Previous Days Close |
|
02/21/08 |
Bought (10) |
Dec |
Eurodollar |
9787 |
Call |
2450 |
TBA |
500 |
|
04/01/08 |
Bought |
Jul |
Oats |
|
|
366'6 |
* 366'6 |
410'0 |
|
04/10/08 |
Bought |
Jul |
Coffee |
|
|
13520 |
12770 |
13260 |
|
04/22/08 |
Sold |
Aug |
Feeder Cattle |
|
|
10947 |
11167 |
10825 |
|
04/30/08 |
Bought |
Dec '09 |
Eurodollar |
9500 |
Puts |
1600 |
TBA |
1350 |
|
04/30/08 |
Bought |
Jun |
T-Notes |
|
|
115-000 |
* 114-145 |
115-025 |
|
05/01/08 |
Sold |
Jun |
Dollar Index |
|
|
73470 |
74610 |
73375 |
|
05/02/08 |
Bought |
Jun |
Japanese Yen |
|
|
9511 |
9407 |
9566 |
|
05/05/08 |
Bought |
Jul |
Corn |
|
|
592'6 |
573'6 |
594'0 |
|
|
|
|
|
|
|
|
|
|
|
Spreads |
|
|
|
|
|
|
|
|
|
04/03/08 |
Bought |
Dec |
Gold |
1000 |
Calls |
4260 |
TBA |
2620 |
|
|
Sold |
Dec |
Gold |
1100 |
Calls |
2600 |
|
1420 |
|
|
|
|
|
|
|
|
|
Legend:
GTC - Good 'Till Cancelled
LIMIT - Or Better
MIT - Market If Touched
MKT - Market
MOC - Market On Close
OB - Or Better
OCO - Order Cancels Order (or)
SCALE - Dollar Cost Average or Buy (Sell) Another Contract
SCO - Stop Close Only
TBA - To Be Announced
TP - Take Profits or Target Price
{ } - If Filled
/ - Or
* - Denotes Change
Disclaimer:
The risk of loss in trading commodities can be
substantial. You should therefore carefully consider whether such trading is
suitable for you in light of your financial situation. The high degree of
leverage that is often obtainable in commodity trading can work against you as
well as for you. The use of leverage can lead to large losses as well as large
gains.
The Trade Accord consists of
educational futures and options recommendations to be used in conjunction with a
hypothetical $50,000.00 account. This material is provided for informational
purposes only; no recommendations to buy or sell actual futures or options
contracts are being made. All information is derived from sources believed to be
reliable, but does not guarantee its accuracy. Any losses resulting from
following information contained herein are the sole responsibility of the
reader. The information provided is not intended as a solicitation. Excel
Futures will not provide past performance information on any past recommended
trades and will not provide profit projections for any currently recommended
trades.
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