Hello all
With all the red in the market today one would wonder why we are buyers.
Facts are as stated yesterday this is rolling time and with that longer term trades are some times closed off for the Christmas break also or managers start closing up books.
We posted earlier on to cut the metals trade and it just so happened that we got some very nice fills.
Yes the energy is still down so it will be interesting to see how the metals respond..
Obviously the 1690 gold level is critical so should gold crack that level then I'm sure technical stops are under it and commercial stops would be around the 1678-1680.
Today's move in the market should be ignored, sure the market was down but it was a very controlled move down.
In any case we will see how it trades tomorrow.
We took some long position in both indexes as the astrology is point us.
For those who want to know.
ES March 1412
NQ March 2647
Please note to all MA's that as of the close tomorrow our volume will lighten up, except for 2 days until end of the year.
We are holding once again nice double digit profits and don't need to risk them.
To the Coffee Lovers I am not about to tell you when coffee will start trading higher as it will just tease you.
Yes it will double in price next year but from what point.
Giving false hope to people isn't my thing.
When the Astrology warrants it I will post it, till then use your own work and judgement.
As always use this blog as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor more on the above .
Past performances are no guarantee for future performances.
With all the red in the market today one would wonder why we are buyers.
Facts are as stated yesterday this is rolling time and with that longer term trades are some times closed off for the Christmas break also or managers start closing up books.
We posted earlier on to cut the metals trade and it just so happened that we got some very nice fills.
Yes the energy is still down so it will be interesting to see how the metals respond..
Obviously the 1690 gold level is critical so should gold crack that level then I'm sure technical stops are under it and commercial stops would be around the 1678-1680.
Today's move in the market should be ignored, sure the market was down but it was a very controlled move down.
In any case we will see how it trades tomorrow.
We took some long position in both indexes as the astrology is point us.
For those who want to know.
ES March 1412
NQ March 2647
Please note to all MA's that as of the close tomorrow our volume will lighten up, except for 2 days until end of the year.
We are holding once again nice double digit profits and don't need to risk them.
To the Coffee Lovers I am not about to tell you when coffee will start trading higher as it will just tease you.
Yes it will double in price next year but from what point.
Giving false hope to people isn't my thing.
When the Astrology warrants it I will post it, till then use your own work and judgement.
As always use this blog as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor more on the above .
Past performances are no guarantee for future performances.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.