PRS #11 NG1! SUPPLEMENT DERIVATIVE MAP THROUGH AUGUST

19 Tem 2020

The widow-maker never makes it easy. If we tag $1.55 going down next 10 days, let's call it a win and get back to it later.

20 Tem 2020

Not

Again, if we tag 1.55, I'm done with natty for now. We just tagged 1.608.

20 Tem 2020

Not

Monday aftermarket, It should bounce for a day or two before it goes to 1.50. In either case, if you exit now vs. 3 entries short above 1.80 , you're doing 1000 pips or better. If you took the 1.61 exit when I posted this morning, that was roughly 1350 pips.

23 Tem 2020

Not

2 AM THURS 7/23 EXIT SHORT AT 1.694.

Seeing volume and structure representative of a surprise swing up. W/ entries around 1.84, a win is a win. May get to this again in a week. Let's see what happens first.

23 Tem 2020

Not

7:10 AM THURS 7/23 RE ENTER SHORT AT 1.695 SAME SIZE.

Feel much better about it this morning. Even though it's the same price.

23 Tem 2020

Not

23 Tem 2020

Not

see? I knew it last night... representative of a surprise swing up. Should've kept out of it, IVO can morph so... let's just hold it to early August. I feel good about it.

27 Tem 2020

Not

Trade close 3:15 pm Mon 7/27 1.725 vs reentry 1.695.

27 Tem 2020

Not

Summary: Short entry 1 10% 1.89, shorr entry 2 1.855 20%, short entry 3 1.829 30%, never had entry 4. That averages to 1.848. Exit 1 and 1.694 an rebought the short at 1.695. So that makes true entry average 1.847. Exit at 1.725 makes this trade a winner.

Again this whole thing could be better managed. But remember that more than half of my attention is on gold at any time.

And since PRS LIVE TESTING #2, I have closed EVERY SINGLE TRADE LISTED A WINNER.

And again, the strong reccomendation LIVE TESTING #1 was an options straddle that was a giant winner, so that one should get a little credit too.