Finally sold out to The Man

Sorry for the lack of posts the past few weeks. I’ve been traveling and haven’t had time to post my trades/charts or respond to mail.

Ive done a deal with CoghlanCapital.com in which they will provide an interface in which my trades are posted in real time. This will be all my trades and running portfolio which is much more than i would ever have time to post here on this blog.

Those of you who know me know it isnt about money..

I’m not a salesman or marketer. Ive merely used this blog as a sounding board for things i do and leaving myself exposed for criticism has been part of a learning experience and has grown much larger in terms of traffic than i had expected..

I’ve known Paul Coghlan now for a couple years and learned quite alot from him in terms of chart trend analysis and what it has contributed to my own trading has been substantial.

They have a number of solid services that i use myself and happy to be a part of what they are doing over there.

Sometime in the next week or so the service should be added to their site.

I’ll still be posting commentary to this blog but all actual trades will be running on Paul’s site.

Once it’s released i’ll post a link here.

Will dig into emails later today.

 

Trader

 

 

 

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

Great Documentary – Russia behind the Anti-Fracking Movement

I have been saying for the past two years that Putin’s worst nightmare is that Europe begins fracking it’s own massive gas reserves. There is a reason that Russian State media RT.com that is aimed at the west shows anti-fracking commercials every 30 minutes.

Some of the largest gas reserves in Europe are in Ukraine. ExxonMobil/RoyalDutchShell/Chevron have dumped a collective $30Billion into Ukraine in the past 18 months and fracking has now begun. Gazprom needs this gas to stay in the ground.

Hungary was ready to begin fracking their huge reserves..but then huge money showed up and some politicians got paid..then a new deal with gazprom is signed and fracking is outlawed.

Europe needs to begin fracking now to save itself.

image-for-fracking2

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

Probably last chance on Sugar

A few months ago i said here that sugar may be the next coffee.

The post compared my positions taken on coffee before it’s big run-up and how the longer term sugar chart was very similar but just behind a bit in time frame.

I’ve been adding october sugar futures (SB_F) on dips for a few months now. The past two days we have finally broken out of past the upper parallel of this long term weekly chart.

Should be good times ahead for Sugar longs.

Also included is a new daily chart as well.

Weekly:

YT558472-872

 

Daily:

YT558472-873

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan

Update on Cocoa position – CC_F

Two weeks ago i posted this in which i explained why i was initiating a long cocoa position. The plan was to add the small partial position at that first level of support then another two tranches if we hit the next support level. Today we have gotten close enough for me so added the full position. The difference between the two supports is larger than i normally would accept for a trade given that it’s about 5%. In retrospect i probably should have waited..but the entry was small so not something to keep me up at night. Average price on this position is 2903.

YT558472-867

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan