Review

Evening all

Just doing some analysis of the past week and looking at what could become an issue come monday morning.

So much for China slowing day hey..
Most commodities have bounced back and those that have will do so this coming week.
Its interesting so hear some of the comments that where made after the news that the Chinese where going to slow down.
I started hearing recession and the depression... did make me laugh.
Anyway there is no slowdown and dont expect commodities to come back just yet...
The astrology is strong for most and those its not are waning and will start to move higher with weather disasters which are coming.

Once again for Bears I have Tuesday and Friday as down days.
Even tho they are down days make sure you take your profits.

Ben talking Monday so after the last time he opened his mouth gold fell $80. So wait to see what his going to say even tho it will be withdrawn or erased at a later time.
Might be time to let out some bad numbers to kill off the spec money around.
Becareful Monday as the market could be volatile...

Enjoy your weekend.
Watch copper, coffee, wheat and Silver next week.

Morning all

Well whats the news this morning that has commodities falling?
China Slowing down..Great but I think we already knew this some weeks ago..
So should commodities fall ?????
Well my friends I don't mean to be rude to anyone's views but this is the biggest load of Bullshit I've read or heard this year.
Here is why ?

Its the Chinese who are in a bidding war to obtain as much base metals as possible.
Its the Chinese who are still growing regardless of whats happen over the last 3 years.(Debt crisis, Housing disaster)
China was slowing down some 12 months ago yet copper prices have risen about 40%.
Commodities are still rising look at the grains, metals, softs nothing has come off as we are told.
So before you believe what the media tells you or reports that come out we are in a mercury retrograde.
This wont be as it's reported now.

For the those who are cycles traders and want to comment of why cycles haven't started well, I don't want to continue singing the same tune.
Until Mercury moves direct and then clears out 12th April anticipate set backs and false starts to trading.
Yes its hard sometimes to trade in and out when you have solid work behind you but it must be done.


Example
If you tend to take 8-10 points on your ES trades , during this period just take 4-5 points.
Because sure enough the market will flip back on you and clean out your profits.

For the Financial astrological students
We are in the waning side of the retrograde motion as of the close yesterday.
What that means for the markets?
Look at whats been happening in the market?
Whats been going up during this time?
Whats been going down?

The reverse is upon us now.
Note that 91% of the time during a retrograde period most contracts trade within half a percent of where they where before the market went retrograde.

On the 12th close

SP  1371
GOLD 1699.8
Euro 131.56
Wheat 651

Currently

SP 1402
GOLD 1640
Euro 131.70
Wheat 635
As you can see we do have some that have moved and others have gone no where.
The above I have only just picked them out of the blue.
So do your own reseach and work your numbers out yourself.


For those who are interested to see what will occur in the future?
There is a serious heart beat emerging to short Apple in the future, and the reasons why?
Apple isnt going to be the company it is, Financially, innovation wise either.
We are starting to see the the Ipad3 heats up a lot quicker the Ipad2.
Sure they have sold 3 million on its launch which is great but the trouble hasnt started yet stay tuned.

But right now everyone is Apple Stupid and every fund is buying as they are well aware the the company is going to be a buyer of there stock in the future. (supply demand will dictate for a bit there.)

Be patient friends astrology does not lie.

Apple announced the dividend and buy back during the retrograde period?
But Apple has 3/4 of its $92 billion overseas not in the US...Hmmmmm
Don't be freaked out if its doesnt happen.

To the bear out there Next week Tuesday , Thursday and Friday next week should be favorable. 

As always use the above as an indicator to your own work
The above is for educational purposes only and is not Financial Advise.

cheers

Profit booking time

Just a quick note

I'm booking profits now on the gold, silver and copper..
Currently golds at 1658.6
Silver 3236
Copper 38600
I've holding some nice profits so I am going to go ahead and book them and then wait for the to come back before reloading longs again.
I would start looking at reloading under 1652, 3210, 384..

Hope that assists ....
For those who want to understand my trading.
Astrologically no negativity in the metals just booking profits....
Its important to understand that during this period of mercury retrograde there will be many false starts.
Thats why its important that you trade and not marry positions as was the case yesterday and again today.
If there is a profit and your happy with it take it or you will simply loose it and it could also become a loosing trade if your not careful.
Cheers

Review

Morning all 


Well what an interesting market we have...
Market doesn't want to go down it seems and smart bears seem to be chip and charging which is the wise thing to do ..
Today market shouldn't do too much, up and down 5 points either side.
Today metals could begin a serious push higher.
Currently hold Copper and will look to add both silver and gold longs and hold over night buy weakness most often times either in European time or in the morning UStime.

While the market is in the Apple frenzy dangerous going short the Nasdaq.

Yesterday I just didn't get the bounce I was looking for early on and I wasnt prepared to short at the end of the day.

Also keep an eye on Coffee...

Cheers

quick note

The reason for the profit booking is that I strongly believe once the US traders wake up and see the market down so much.
The first think they will be likely to do is buy the gap down.
It's sound money management to book and reassess the market before entering again.
There is no positive aspect this morning as some people have asked but we are looking to make money and at the present time money on the table before an important number is silly.
Why throw a profit away, no need for it ..

Yes while home runs are great making money longer term is to do it slow and steady.
Home hit runners do get striked out also .

With Gold and Silver also thinking they could bounce to 1655 before another move down but please look at your work on it .

Cheers

Profit booking time

Morning all
As you can see at the present time the market is down 1396 silver 3228 and gold at 1648.50.
I am going to start booking profits after I have completed this Blog and will look to reload again on a spike up, which I anticipate before the first hour is out on the Market.

The Europeans are down 1% and I think today the US might just follow Europe down.
Now housing starts will be interesting to see at 8.30am.
A pick up there will run the market up while a flat number might just stink the market .

For the commodity players look at a buy on copper around 1-2pm this afternoon for a run up.
For the index players look to be established short by 10.30am for a move down into the 1-2pm time zone.

As always use the above as an indicator to your own work.

cheers

Review

Morning all

We saw the March contract close out above 1400 which was a great trade.
Unfortunately I took my money off the table at 1397 so all good.
Today have been busy taking profits on metals as I see some serious negative moves kicking in the afternoon and tomorrow.
In fact I believe that the market also could be heading down a slippery path over the next couple of days with the negative astrology which currently exists and is gaining in strength.
One should make sure that long positions have stops as the turn could be quiet sharp late today and tomorrow.
For the Financial Astrological students.

Tomorrow we have the Spring Equinox
With the sun moving into Aries and opposing  the Mars opposition its going to be a touch few weeks for the indexes I think.
A few hidden previous truths my start bobbing up and waking up many peoples assessment of the US.
As time goes this will amplify and become serious news.
Thursday we have the New moon but as its conjuction its a dud so don't view it as a top or bottom.
Friday once again some negatives will come through the media.

Today we had the Apple announcement and buy back.
Personally I think its a stupid decision as it will expose apple to short selling attacks in the future.
Its strength was that it had the cash and it could take anyone on, now to give it back.... maybe not a good idea..
Can just see the headlines Apple buying at the tops and didn't get a proper bang for its buck.
Astrology doesn't  lie people remember that.

Index at the present time is above 1400 so I'm shorting here
Short silver 3260, short gold 1657.50 short index 1400.25

As always use the above as an indicator to your own work.

Cheers