Morning all ..
As stated friday wasnt a day for the faint hearted.
Perfect example of bull shit flowing .
Its was the sheer lack of selling which ran the market even higher that it went.
Yes it was also one of those 15% times where the astrology got it wrong..
Anyway such is life and we move on...
This week I dont see any shining light for the market or the metals market... infact I will be suprised if gold doesnt hit $1500 by week end.
Today I would wait to see how much carry over there is as there does seem to be some from Europe.
Then I will be selling ..anything above 1359 is my target looking for a1335 handle by Tuesday close.
To be honest the EU announcement was crap friday and the reaction was a laugh.
I am a seller of oil above $84 today also..
Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.
As stated friday wasnt a day for the faint hearted.
Perfect example of bull shit flowing .
Its was the sheer lack of selling which ran the market even higher that it went.
Yes it was also one of those 15% times where the astrology got it wrong..
Anyway such is life and we move on...
This week I dont see any shining light for the market or the metals market... infact I will be suprised if gold doesnt hit $1500 by week end.
Today I would wait to see how much carry over there is as there does seem to be some from Europe.
Then I will be selling ..anything above 1359 is my target looking for a1335 handle by Tuesday close.
To be honest the EU announcement was crap friday and the reaction was a laugh.
I am a seller of oil above $84 today also..
Cheers
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.
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