Even all
Its important to understand how the system work.(markets)
While many live and breath technical analysis that is your choice and its great.
But market fundamentals are also important.
When you can explain how 3 minutes before the 4pm NYT close market spike 4 handles only to fall back 4 handles 42 seconds later.
No one open there mouth or said anything.
So how does it work well pay attention and you will understand.
As for the Frank Dodd bill well thats just a croc of shit. (giving someone something to do to keep him occupied)
We all know that last day of the month window dressing, amongst friends in the morning calls go out to see what is on the cards.
Sure some wont believe it but its true it happens because I too used to do it.
Retail believes the market will be up as managers will want to dress there books.
So what you do it during the course morning you have an idea who is doing what.
So you load up on shorts on the futures to supress the market and buy your stock.
By 3.55pm all has to be executed.
In the last couple of minutes you go to market will all your short futures contracts to close.
All of a sudden the algorythms jump on board and join the move.
Once 4pm hits and stocks are closed the algorythms are exposed and immediately sell the futures.
This is the system you trade and thats why its dangerous last day of the month.
Sure some will say T+3 yep thats for the pension funds, not market funds.
Today in trading we took a clip on the copper which was disappointing.
I couldnt resist the theft that was going on and short both the NQ 2681.5and the ES 1416.
To the metal traders JPM isnt going to let gold go.
Once again there footprint was evident.
For the Financial astrology students
The Sunday Sun Jup oppo should create some sort of bad words attached to it.
I suspect someone will come out with harsh words and the market could fall.
With the Sun still at 2 degrees I still dont have a buy on gold at the present time.
If anything I feel as tho next week gold could get pushed down hard to turn the technicals and blast the shorts out.
With the margins coming down in metals more retail has jumped on board.
Easy picking for the investment banks!
Question is when gold breaks 1700 how much damage will it do with the stops 1697-1700.
A good 5-10k volume would squeeze it down under 1690.
There are more easier trades than gold so please leave it for another week.
I like platinum at the present time, but would like to buy around the 1570 area or lower, keep an eye on it. the astrology will shine on it from Wednesday on.
To the coffee emails.
Coffee will take off next year.
Next year is 2013 not 2012.
Weather damage will hit the growing regions hard devastating crops and should put a bid under the commodity.
Until then all the mini spikes are just shorts covering.
Sure if prices keep falling then I might have to look at some calls but until then it can wait.
Email Question.
Do I stay up all night trading?
I only stay up and trade when I have powerful astrology.
If I have no positions in the market why stay up and look for trades?
I do financial astrology to trade certain times, take my money and walk away.
At the present time I am Not taking any Managed Accounts.
Our new platforn which DDE's into other platforms is working well.
Another week of testing is planned
As always use the above as an indicator to your own work.
Futures trading can produce huge profits and losses.
Past performance is no guarantee or future performances.
Ask your financial advisor on more on the above
Its important to understand how the system work.(markets)
While many live and breath technical analysis that is your choice and its great.
But market fundamentals are also important.
When you can explain how 3 minutes before the 4pm NYT close market spike 4 handles only to fall back 4 handles 42 seconds later.
No one open there mouth or said anything.
So how does it work well pay attention and you will understand.
As for the Frank Dodd bill well thats just a croc of shit. (giving someone something to do to keep him occupied)
We all know that last day of the month window dressing, amongst friends in the morning calls go out to see what is on the cards.
Sure some wont believe it but its true it happens because I too used to do it.
Retail believes the market will be up as managers will want to dress there books.
So what you do it during the course morning you have an idea who is doing what.
So you load up on shorts on the futures to supress the market and buy your stock.
By 3.55pm all has to be executed.
In the last couple of minutes you go to market will all your short futures contracts to close.
All of a sudden the algorythms jump on board and join the move.
Once 4pm hits and stocks are closed the algorythms are exposed and immediately sell the futures.
This is the system you trade and thats why its dangerous last day of the month.
Sure some will say T+3 yep thats for the pension funds, not market funds.
Today in trading we took a clip on the copper which was disappointing.
I couldnt resist the theft that was going on and short both the NQ 2681.5and the ES 1416.
To the metal traders JPM isnt going to let gold go.
Once again there footprint was evident.
For the Financial astrology students
The Sunday Sun Jup oppo should create some sort of bad words attached to it.
I suspect someone will come out with harsh words and the market could fall.
With the Sun still at 2 degrees I still dont have a buy on gold at the present time.
If anything I feel as tho next week gold could get pushed down hard to turn the technicals and blast the shorts out.
With the margins coming down in metals more retail has jumped on board.
Easy picking for the investment banks!
Question is when gold breaks 1700 how much damage will it do with the stops 1697-1700.
A good 5-10k volume would squeeze it down under 1690.
There are more easier trades than gold so please leave it for another week.
I like platinum at the present time, but would like to buy around the 1570 area or lower, keep an eye on it. the astrology will shine on it from Wednesday on.
To the coffee emails.
Coffee will take off next year.
Next year is 2013 not 2012.
Weather damage will hit the growing regions hard devastating crops and should put a bid under the commodity.
Until then all the mini spikes are just shorts covering.
Sure if prices keep falling then I might have to look at some calls but until then it can wait.
Email Question.
Do I stay up all night trading?
I only stay up and trade when I have powerful astrology.
If I have no positions in the market why stay up and look for trades?
I do financial astrology to trade certain times, take my money and walk away.
At the present time I am Not taking any Managed Accounts.
Our new platforn which DDE's into other platforms is working well.
Another week of testing is planned
As always use the above as an indicator to your own work.
Futures trading can produce huge profits and losses.
Past performance is no guarantee or future performances.
Ask your financial advisor on more on the above
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