review

Morning all
Its seems as tho the fed want to pump more money into the system.. Great  wont achieve a dam thing.
Lets look at whats on the cards today and then see whats on for the weekend.
Today the JPM report was ok a little down but ok considering slow economy blah blah blah.
My work is showing the market trading higher, while its down at the present time I do have it pushing higher.
Will we see above 1297 possibly but I don't have my money on it.
I have my money on oil at the present time.
I believe over the weekend we could see some tension coming from Iran and maybe even a military exercise to freak out some neighbours..
How will the market react to this well not sure, usually tends to push it down but we shall see.

The threat by the US on Chinese companies regarding sanctions wont go down well either .

Just a quick note..I have been expecting a top in the market between the 10-17th of Jan.
This top should hold for up to 6 months, but I am starting to wonder if its a bottom.
Most times when aspects create a Triple trine it tends to produce tops or bottoms for a while,
In this case I have been anticipating a top of some sort but after yesterday come back I am not to sure its a top and could be a bottom.If a bottom then 1400 ES here we come .
I reserve judgement until I see the market start showing signs of roll over , not brick building as is the case now.

Currently ES 1290.25 and March oil 99.47
Long 1 March at 99.40

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers

review

How interesting is this market...
Its given all a chance to jump in the morning and now markets doing as expected pushing higher.
So given its ability to push higher after trading through 1285 has me reassessing my views of a top.
There seems to be some very serious move taking place and as some experienced traders know you don't just stop a freight train within a meter.
Take a look at oil ..
Its seems to be a gift at these levels considering where the market is and where the metals are also.


Long 1 oil 99.40 March

Cheers

observation

I did say it was going to trade higher anyway lets look forward...
There is a number of issues I have with this move .
There is no follow through from the FTSE...
The currencies aren't responding as they should, bonds are only down a little and yet we are make highs here.
Oil is up a $1 while the metals are running .
The dollar is off a little nothing to be confident about..
This move unless things change during the coarse of the day is starting to look like  potential top within 48 hours.
IF this is to be the case then this top will hold for quiet a while as Mars is soon going retrograde...
I'm inclined to wait for a pull back if it comes if not the long after the close as there are some positives aspects which will propel the market higher.

Its a mixed bag at the moment folks so use caution.

Cheers

Just a quick note

Got stoped out at 1287.50, now will just sit back and observe.
1.5 profit

Good Morning

As expected the market has come off but not as deep as I thought.
So I am putting some protective stops now at 1287.50 which will guarantee 1.5 points profit, and I have moved my buy from 1278 to 1282 as the market is showing strength at the present time.
Currently trading at 1285.75
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers

Positions

.Afternoon
As today's action did get to our registered target (1288)  I did open short 1 point above..
Now Looking at the astrology I do believe the early news out of Europe will be bad.

Therefore should we see 1278 tonight I will be covering and just waiting.
Order is placed but will review whats going on in the morning..

Those of you who are metal players you might want to take a look at silver as that should have a nice pop up tomorrow..

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Market currently 1287.50

Good Morning

There are so many areas of politics and the economy I'd love to post about but this is a financial astrology blog and so I will keep it that way.

Today I dont have any significant aspects to move the market, its all technical today.
So lets look at tomorrow as there is some nice trades to be had.

Astrological students take note....
There is a VC coming tomorrow around 3.20amNYT.
Its opp Nep which is quiet potent.
before that we also have another negative aspect which will add more merit to the negative VC when it occurs.
The way I am reading this is something bad is going to come out of Europe again which should shake the markets up.
Now you will need to use caution after 7am NYT as positives aspects are upon the market.
Make sure stops are in place.
Now After the Thursday close we will see some positive moves up and that should carry into friday.
As always use the above as a filter to your own work.

P.S if today we get some nice numbers I will look to establish a short but it will have to be over 1288.


  

Just a quick note

Notice how the market is digesting the push up quiet nicely.
As tomorrow there are no serious aspects to influence the market I strongly believe its best to just stay out and just watch which is what I will be doing.
However on Thursday is another story.
Will update tomorrow...

The JAN trading record as it stands 28 ES points and $10 gold..
cheers

book profits

Market is powering up as expected... I am going to liquidate my position at 1287 as its currently trading I am quiet happy with 16 handles and so why risk the profit for an extra couple of points.

Yes it looks as tho we jumped the gun on the gold but I am happy with $10..

cheers more later

book profits

Morning all
Looking at our trades GOLD at the present time is sitting around 1622.. I will be looking to book my profit on Gold at 1624 as I do believe that 1625 is the Usual run up and then tape off.
If its to run even more then that's fine I am happy with my profit.

As for our market long well I think the 1285 is the magnet and so as its traded through the 1282 level that's obvious, the question is you need to ask is will it continue or will it pull back.

Anyway my trailing stop is now sitting at 1275 and my target is 1288 to 1291..
It depends on the dynamics of the market if I am to cut my position, will update later.

To the Students of Financial Astrology.
As you will have noticed by now that the Uran Trine moons are very powerful.
So much so that they do overpower any negative middle range aspects like VC .
Now tomorrow there isn't much astrology about so use caution or technicals.
But Thursday once again we have a negative VC but a positive cluster of positive kicking in also .
One needs to trade accordingly as the VC does have merit this time but the positives will bounce the market right back.

Hope the above assists you in your planning.

Cheers 

Positions

Just let you all now that I went long at 1271 and looking for 1283 with a stop at 1263..
also went long gold 1613 with a target today of 1623 and a stop of 1606..

In the event targets aren't met I will hold overnight.

market trading 1270.75 gold 1612.30 feb

AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
cheers

Just a quick note

Hello once again just for those who don't know today is a Full Moon.
A cancer full moon which tends to play around with the emotional component of people .
So just be aware that Full moon also tend to deliver bottoms in the markets not tops so beware my bear friends this market could run very very hard tomorrow to 1300 if it closes above 1275 today.

My personal view is that I still do believe the market needs another shake of the tree before it begins to move higher.
I know its going down just enough to tease you to either sell or buy it but please use caution when selling.
Make sure stops are in place.

Cheers

Positioning

Morning all

First I can answer the questions put to me then comment.

1. While inflation is running wild at the present time in the US it's not in the numbers because the way in which the US gauges inflation is some what distorted.
The US inflation rate is on the wage, and service levels of the population.
Its the only country in the world which does that.
It for some reason excludes gas and power bills, it excludes food and the cost of goods, in fact it excludes just about everything except wage inflation.
So the US would never have inflation under these conditions..
But every house holder knows that everything is going up and no inflation...LOL
Anyway inflation  will show is head if the dollar falls under 70... till then its then but the FED wont admit to it.

The V/C tomorrow  yes is negative but not as potent as one thinks.
Also there are positive transits which will counter act the move so I would use caution if wanting to short the market.
The positive aspect far outweigh the negatives.

Today I am looking for the market to drop as it did on globex and then pick up and close in the positive.
The market will have some of its players coming back this week with the rest coming next week and I am assuming they will all want to be long with the profit reporting shift into full swing.


cheers