Tag Archives: exit

Bought 250 HND.TO @ $6.51

By Paul | Published: June 3, 2010
Update: I closed this at $6.36 just now as my HOD.TO position is trekking back close to breakeven.  This is a loss of $37.50 + $9.90 commission. I re-entered my natural gas short with HND.TO @ 6.51 as planned on my previous break-even trade.  The U.S. Natural Gas Fund (UNG) is testing the top of [...]
Posted in Stocks | Also tagged Energy, entry, HND.TO, RRSP | Leave a comment

Sold 380 HND.TO @ $7.35

By Paul | Published: June 2, 2010
I closed my Natural Gas short position this morning as Horizons BetaPro NYMEX Natural Gas Bear Plus (HND.TO) tested $7.40 support on notable volume.  Figure 1 shows the intraday chart of HND.TO at the time of my exit. HND.TO touched $8.60 last week while I was away.  So I am not taking any chance for [...]
Posted in Stocks | Also tagged Energy, HND.TO, RRSP | 1 Comment

Bought 110 TCK.B.TO @ 36.03, stopped out at breakeven

By Paul | Published: May 7, 2010
Update May 10: Looks like I missed the boat.  TCK.B gapped up almost 7% at the Monday open to $38.88.  I won’t be chasing the market at this point as the reward/risk ratio isn’t appealing anymore. Update: I got stopped out at breakeven (after commission) before I can post this piece at the end of [...]
Posted in Stocks | Also tagged entry, Mining, RRSP, TCK | 1 Comment

Sold 12 CVE.TO Puts @ 2.90 Mark $27.50, +10% gain

By Paul | Published: May 5, 2010
I closed my short Cenovus Energy (CVE.TO) position this morning as crude oil broke below $80 briefly and the Dollar Index rose above $84.  My original target was $27 for this short.  But considering the fact that I mistakenly doubled my position size, I am closing this trade a step above at this $27.50 support [...]
Posted in Stocks | Also tagged CVE.TO, Energy, options, RRSP, TSX | 1 Comment

Paper trade: Closed all CADJPY long @ 88.40 for +152 pips

By Paul | Published: February 21, 2010
CAD/JPY reached my target of 88.00 last Friday.  It broke through 88.00 nicely and tested 88.50 on Tokyo open just now.  I decided to book my profit in the demo account on this CAD/JPY long position entered at 86.88 and 87.87.  See Figure 1 for the 3-hour chart with the entries and exits marked.   Click [...]
Posted in Aussie, Kiwi, Loonie | Also tagged CAD, JPY, long, paper trade | Leave a comment

Paper trade: Stopped USDCAD short @ 1.0540 for +131 pips

By Paul | Published: February 15, 2010
Finally a profitable trade in my USDCAD short after being stopped out a few times. My decision last week to hold this for longer after USDCAD touched my target paid off.  I moved my stop closer last Thursday evening and the order got filled on Friday. However, as I type this on the following Monday, [...]
Posted in Aussie, Kiwi, Loonie | Also tagged bad trade, CAD, paper trade, short, USD | Leave a comment

Paper trade: Stopped out of USDCAD short @ 1.0640 for -67 pips, re-entering @ 1.0680

By Paul | Published: February 4, 2010
Well this was awful. USDCAD continued on a rampage upward and I was caught on the wrong side of the fence.  Total loss for this was 0.12% of my account.  At least I was light in it. In retrospect, I broke my own rule and didn’t enter at one of the 4 fundamental entry points. [...]
Posted in Aussie, Kiwi, Loonie | Also tagged CAD, entry, FTC, paper trade, short, USD | Leave a comment

Paper trade: Closed GBPJPY @ 146.42 for +140 pips

By Paul | Published: January 27, 2010
Just closed my GBPJPY long at 146.42 for around +140 pips average gain, or 0.4% in the account balance.  Damn good for a 24 hours holding.  Obama just finished his State of The Union address at the moment.  I am not impressed.  Still all talk of change but nothing concrete yet.  Anyway, that’s beside the [...]
Posted in European Crosses | Also tagged FTC, GBP, JPY, long, paper trade | Leave a comment