Position Updates & Gauges For Trading on 11/10/2015

Mish Schneider | November 9, 2015

****Notes: SLV: Exit Price 13.89

****SGG: Out of trade 32.01

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***Out 13.89 Existing Position: SLV: Long 14.62 ATR: .25

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***All out 32.01 last piece! Existing Position: Long 1/6 position SGG: 27.32 ATR: .87

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Existing Position: JO: Long 19.48 ATR: .54

Name of Instrument: iPath Blmbrg Coffee TR ETN

Current Price: 19.07

Sell Stop: 18.44

Reason For Trade: A very different trade, we are not buying on the basis of a phase change as it is currently trading under the 50 DMA. However, we are looking at a possible double bottom for 2015 with a stop under the recent lows.

First target to sell ½: 21.47 with the typical flexibility based on market conditions

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