Hello all
Currently in New York so my apology to all for not advising of our time away from posting.
Settled back in Singapore also for the next 6 months due to the time difference between Australia and New York as it will be a bitch to trade graveyard hours.
Over the last almost 3 months we have struggled with out timing on event in the market.
Our astrology has been early to some degree and as a result we have been consistently stopped out.
As all MA are aware we had lost close to 19.5% since January.
That was until the 14th of March.
In the space of 3 days we have recovered over 14.1% with the volatility of the market.
Thanks to the Volatility in the SPI 200 and the ES this morning, things are looking a little more healthy.
While I make no secret of this it is what it is.
While astrology can be early or delayed it is never wrong.. (In my view)
While we can go blue in the face discussing technical analysis the fact is it only tells you where its been not where its going.
Yes computer trading is distorting its energy some what (peoples emotional component of trading).
I walked into BAC trading desk today as a friend is head of operations, I saw 6 people on the desk overseeing the computerized trading.
Two years ago there was 44 people trading and now just 6..
Trading far more money in the forex..
Completely freaked me out.
He was showing me how the system triggers and how its absorbs positions only to turn around and run the other way.
Today was a perfect example of the EURO where the computer was absorbing positions at 12930+ and liquidating at the 12990+.
We and I also put myself in the same bowel! we really are up against it.
There is a massive advantage with computerized trading.
I'm not talking about getting a programmer to design a program that trades once (as an example the MACD crosses below 20 and sells above 80)
I'm talking about these platforms are designed to take the opposite side of trades when technicals are triggered 10, 20 45 minutes later.
That's the only way they can obtain supply of contracts. Yes we are talking Thousands.
I just thought that was important to share with you all.
As always please use the above as an indicator to your own work.
Futures trading can produce huge profits and losses
Past performances are no guarantee for future performances.
Ask your financial advisor on more on the above.
Currently in New York so my apology to all for not advising of our time away from posting.
Settled back in Singapore also for the next 6 months due to the time difference between Australia and New York as it will be a bitch to trade graveyard hours.
Over the last almost 3 months we have struggled with out timing on event in the market.
Our astrology has been early to some degree and as a result we have been consistently stopped out.
As all MA are aware we had lost close to 19.5% since January.
That was until the 14th of March.
In the space of 3 days we have recovered over 14.1% with the volatility of the market.
Thanks to the Volatility in the SPI 200 and the ES this morning, things are looking a little more healthy.
While I make no secret of this it is what it is.
While astrology can be early or delayed it is never wrong.. (In my view)
While we can go blue in the face discussing technical analysis the fact is it only tells you where its been not where its going.
Yes computer trading is distorting its energy some what (peoples emotional component of trading).
I walked into BAC trading desk today as a friend is head of operations, I saw 6 people on the desk overseeing the computerized trading.
Two years ago there was 44 people trading and now just 6..
Trading far more money in the forex..
Completely freaked me out.
He was showing me how the system triggers and how its absorbs positions only to turn around and run the other way.
Today was a perfect example of the EURO where the computer was absorbing positions at 12930+ and liquidating at the 12990+.
We and I also put myself in the same bowel! we really are up against it.
There is a massive advantage with computerized trading.
I'm not talking about getting a programmer to design a program that trades once (as an example the MACD crosses below 20 and sells above 80)
I'm talking about these platforms are designed to take the opposite side of trades when technicals are triggered 10, 20 45 minutes later.
That's the only way they can obtain supply of contracts. Yes we are talking Thousands.
I just thought that was important to share with you all.
As always please use the above as an indicator to your own work.
Futures trading can produce huge profits and losses
Past performances are no guarantee for future performances.
Ask your financial advisor on more on the above.
