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Friday, January 20, 2012

review

I accept that I was wrong yesterday and took my medicine.
When you have such a negative aspected day and the market moves the opposite way there is something seriously going on.
It could be time to hibernate my bear brothers as this market has had a good dose of RED BULL and wants to run.
That's enough about the past, it wont change tomorrow so why bother.

Looking forward.
Today we should continue the same old just a drifting market.
One might want to take a look at the grains as I expect a push higher into the close and up on Project Monday morning .

I looking at my work and am hoping that the Jan 10-17 wasn't a bottom in the market, S&P 1277...
very important level

Monday in the Universe we have Mars retrograding on a new moon which in positive aspect.
Happy Dragon year to the Chinese readers.
Its said that the dragon is the most fortunate and lucky so this could be another great year for the market.
I don't see Monday being a down day ..

Cheers

Thursday, January 19, 2012

Just a quick note

I did get stopped out this morning at the 1307 level... Am I wrong well it looks like I just might be but time will tell.
Maybe my entry was way off, but I wait to see this markets move.
To have such a strong move in the light of such negative aspects is very eye opening to the bigger picture..
But until the day is out I await to be proven wrong..

Good luck all

Wednesday, January 18, 2012

Hi all just want to make it crystal clear I have not been stopped out at the present time.
Yes market has gone to 1307.50 but I didnt have my stop on the globex market.
Noticed the volume also pretty pathetic by a Californian trader to go to market in the hope of running the retail stops out.
220 lots nice but no back bone.. Try again during daytime session to have meaning.

Cheers

Just a quick note

We are still holding our short from 1295..
While the market is grinding high, and we may have jumped the gun a little I believe we are still good.
My read on the market is that many bears seem to be throwing the towel in.
Which might be right if your following technical analysis.
I don't and therefore I trust my work to be right, I believe tomorrow we will be down.
Today's Strong Neptune aspect is giving the market the ideal illusion that all is great and things can go higher from here.
Now there is two sides to this story.
Either I am in the illusion of a down move or the market is in the illusion.
We shall find out tomorrow.

The euro push up was the ideal move which was required to push the market higher and while on the surface it look like it might all be over anticipate the Germans to refuse funding in coming weeks.


cheers


Position

Just making note that I have sold my short on the ES at 1295..... with a 12 point stop and a 33 point profit target ..
Stop at 1307 target 1262..
Cheers
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
current market 1297

Positioning

We are seeing a nice run up on the European markets with the Euro spiking up.
While this is great for the market as a keen seller I am excited at the fact that prices pushing higher and that the market believes that all is on the way up.


For the financial students lets explain.
We have a V/C negative aspects kicking at 1.30pm today, because of the Neptune's strong aspect today before the VC we are seeing the illusion that all is ok and today is just another day.
Lets see what happens today
As for Tomorrow we have the Saturn Sun aspect.
That tends to bring shock wave into the market, both index and commodities.
To the downside.

I am going to short ES at 1295 or better , short gold also at 1656 better.

Cheers
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
P.S Please understand the purpose of this blog is not to shot out trades, but to express and demonstrate how financial astrology can benefit ones trade making decisions.
I make my trades public as to demonstrate how to use the emotional component of astrology in the market.


Tuesday, January 17, 2012

Booked profit

As oil has traded as expected today I closed out at 101.01.
Oil is a wild animal at times so you do have to consider a $2-3 stop, anything less will get stopped out, as was seen on Friday.
Today we have seen the market pop the 1300 level do a pick a boo and come back.
Now while some technical traders will call it consolidation, it's in the time frame quick I had of 10-17 jan. looking more like a top for me and my work.

Tomorrow afternoon begins a series of some very negative aspects which should squeeze the life out of hopeful bulls.
Yes tomorrow I will be looking to short, any pop up and hold into Thursday.
As the astrology is indicating a very negative move Thursday.

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