Positions

Hello all
Well today was just one of those days .
Trading the index move as it comes.
While yes we saw the market drop in the morning as It bounced back.
What you need to think about when trading is how the majority would be trading.

With that what do we mean ?

Think about the following ?
If you where a fund manager would you sell today and risk loosing some of your bonuses.
Hedge fund traders wouldn't risk loosing there bonuses for the sake of one day.Would you ????

Selling the next day being the first day of the month means nothing as there is a good 80+ days of trading to recover the first day of the month losses.

So when trading do think of it as a business not a hobby.
When you start to, you will become more insyc with how the market moves.

So what am I in..

I am short the index at 1404. holding
I'm also short Apple at 608.12  and holding
Long silver at 32.35 holding
Long coffee at 180.50 May holding

So what are we looking for next week ?
Well it's not good.
The market will fall and hard.
This is what the astrology is showing..
To be honest the whole week looks very negative and many realisation could be seen this week.
The honeymoon first quarter is over and now we can expect to see serious trouble for the next 2 quarters followed by the last quarter being the mother of all bulls with at least a 200 point move up on the SP...
But until then we will see serious moves both up and down.

Enjoy your weekend...
Cheers

Looking Forward

Morning all

Yes I am a little late.
Anyway just 30 minutes until the numbers come out and at the present time market up a little.
Yesterday as mention it was a down day but my plan didn't work out as I had hoped.
Never the less still market was down so a tick for the astrology once again.
Oh by the way notice Coffee and Wheat yesterday, nice moves ..

Today I think the numbers will be messed up, and so I don't see much for the market either side up or down.
Next down day is Friday and it should be an entertainer too.
Today I seriously don't see much move up or down for the market and I do believe that mutual book are calculated at the close for the quarter. That says it all I think.

In commodities metals should cope a beating today and I don't see a recovery.

For the Astrology students nothing much happening planetary wise but tomorrow will be a lot more active with cross currents every hour.

above 1420 I'm shorting and holding ... cheers

Review

Morning all
 Hello London traders.
Yes the ES did hit 1419.50, but my order is sitting in the cue there at 1420 so I have not been filled as yet.
My gut instincts tell me that the market will have another push up into 6am NY time to get all the American traders excited and then flip so I am going to wait.
I once again throw caution on holding metals today, they either trade sideways or fall.
This is what my work shows today .
Sure some feel the market might have  topped  but we haven't had that: (close my shorts out at whatever price move yet).
Volume only 121K at the present time 5am..NYT
If we had that volume would be around the 180-200K so no institutional panic yet.
More over retail wash out with some hedge fund activity is what I make of it.
Finally I have decided to take a short on APPL come Wednesday there is too much negative astrology building up on the stock that I can not ignore.
Just for you to keep an eye on the trade NOT TRADE IT .
I have to practice what I believe in and its telling me the time is now..

Cheers

For the active traders chip and charge up or down and make sure you protect yourself with stops.
While this market has been trending high this will seriously change soon.
The volatility in the commodities will also be seen I believe in the stock market.

Cheers

Major aspect ahead

HA HA evening all

Oh yes Ben you have done it again.
You have regained my faith in you.,.....LOL
To the metal bulls time to take some profits.
Ben did his job pushed up the metals as expected, so easy money should be taken at all times.

Note how last week the market didn't need stimulus and this week it does?
That's the retrograde which is flip flopping peoples judgements and mentality.

Happy that the market exploded higher today as better to short from here than 1395.
Anyway the planetary movements are lining up for a sell tomorrow.
From 9.30 it should start and slowly gain momentum...
There is plenty of time and I am thinking that Europe might get excited and push the ES to the 1420 area and then jump into shorts is my plan.

Those in Copper trades please take your profits as it might come off, there is better prices on there way.

Please note Again Tuesday and Friday are our negative days for the indexes.....

Cheers