Evening all ..
What a week for the market!
It had everything for both sides.
If your an active traders then you would be pleased whats going on in the market place.
As we said previously its going to get volatile, and we are seeing the evidents of it.
In trading as stated yesterday I closed out of my position before noon.
Somewhat disappointing the market didn't jump on JPM numbers but its all good, we made money and that's all that counts.
Grains came back to earth after yesterdays spike up.
For the tech people and the amature traders when grains gap up, you tend to find the do come back and fill gaps withing 5 working days.( except weekend gaps)
Corn had a gap between 750-753 so market had to come back before it could go higher.
Once again something to note for the future.( that's experience not astrology)
To the MA as your all aware we have surpassed last months performance quiet nicely and with 2 weeks to go no reason why this cant continue, so all is good.
Astrology for next week
With the new moon in Scorpio on Monday trouble in the market is ahead.
Also with the Mars Uranus trine Monday expect more volatility and could intensify.
Example we could start see 20-25 handle ranges on the ES instead of 14.
Tuesday a lot of information will be coming out .
Wednesday and Thursday could be mild up days.
Use Thursdays up day to sell into strength as Friday will once again be a down day.
Once again watch the commodity and the commodity currencies as they could be interesting for the week ahead.
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.
What a week for the market!
It had everything for both sides.
If your an active traders then you would be pleased whats going on in the market place.
As we said previously its going to get volatile, and we are seeing the evidents of it.
In trading as stated yesterday I closed out of my position before noon.
Somewhat disappointing the market didn't jump on JPM numbers but its all good, we made money and that's all that counts.
Grains came back to earth after yesterdays spike up.
For the tech people and the amature traders when grains gap up, you tend to find the do come back and fill gaps withing 5 working days.( except weekend gaps)
Corn had a gap between 750-753 so market had to come back before it could go higher.
Once again something to note for the future.( that's experience not astrology)
To the MA as your all aware we have surpassed last months performance quiet nicely and with 2 weeks to go no reason why this cant continue, so all is good.
Astrology for next week
With the new moon in Scorpio on Monday trouble in the market is ahead.
Also with the Mars Uranus trine Monday expect more volatility and could intensify.
Example we could start see 20-25 handle ranges on the ES instead of 14.
Tuesday a lot of information will be coming out .
Wednesday and Thursday could be mild up days.
Use Thursdays up day to sell into strength as Friday will once again be a down day.
Once again watch the commodity and the commodity currencies as they could be interesting for the week ahead.
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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