Morning all
Yesterday was an interesting day..
Market didnt do much while the grains came off once again and the bonds pushed higher.
Volatility at the present time is in the currency market and I've noticed that related to option, so please becareful and when in doubt please stay out.
Yesterday we pick up a nice 10 tick on the bond and 20 on the Beans .
Net return for yesterday .....1.03%
Net return for the month ...10.32%
As for today we have gone short the market at 1454 &1454.75
Long Bonds at 14600 & 14604..
Its intersting to see the market hasn't start falling. Lets see what happens at times goes on today .
If anyone is still holding grain shorts please consider closing the position as the shake out is over .
Yes while I didnt make money over the full move I still took 80 clicks which I am happy with.
One might want to start looking at building long trades in the grains, no rush plenty of time.
But the down move is over.
Today and tomorrow should be the markets turn.
I'm looking for the 1436 area but that depends if there is a stampede or a grind down.
Its my understanding that treasury is not about to let the dollar slide to far, so the dollar might just bounce around until the elections.
After that we could be off to the races.
For the Students
With the moon in Scorpio debt issues are on the cards
The 10.30am moon/venus square will accelerate down.
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.
Yesterday was an interesting day..
Market didnt do much while the grains came off once again and the bonds pushed higher.
Volatility at the present time is in the currency market and I've noticed that related to option, so please becareful and when in doubt please stay out.
Yesterday we pick up a nice 10 tick on the bond and 20 on the Beans .
Net return for yesterday .....1.03%
Net return for the month ...10.32%
As for today we have gone short the market at 1454 &1454.75
Long Bonds at 14600 & 14604..
Its intersting to see the market hasn't start falling. Lets see what happens at times goes on today .
If anyone is still holding grain shorts please consider closing the position as the shake out is over .
Yes while I didnt make money over the full move I still took 80 clicks which I am happy with.
One might want to start looking at building long trades in the grains, no rush plenty of time.
But the down move is over.
Today and tomorrow should be the markets turn.
I'm looking for the 1436 area but that depends if there is a stampede or a grind down.
Its my understanding that treasury is not about to let the dollar slide to far, so the dollar might just bounce around until the elections.
After that we could be off to the races.
For the Students
With the moon in Scorpio debt issues are on the cards
The 10.30am moon/venus square will accelerate down.
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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