Crop report day

Morning

I've been watching the grains looking to short one again and I find myself thinking that this move might be already fact ed into the price.
Yet the Beans are just powering along , corn and wheat have been dragging there feet.

Therefore the smartest thing to do might be to just wait until after the report before taking action.
It just seems as tho someone knows whats in the numbers and has been setting themselves up for it the last 3 days.

Today is non farm payrolls, I expect the market to dip after the news with the negative astrology in the morning only to regain its losses and power on up to the close.
There is a number of factors today in the market place..
We have the rolls taking place today big time plus numbers , then the Greek issue...
Its going to be one interesting day.
Not for those with weak hearts..

Cheers

Review

Morning all

Well as we can see yes the market does have balls.
Bigger than many people think at the present time.
While the news hasn't come out yet regarding the Greek issue it obvious that its a done deal and markets are up in Europe over 1% and the US indexes are close to the 1% mark.
Our target is for 1400 before March contract expires so we do have another 35 points to go.
I noticed the stops fly off at 1357.50-1358.
My thinking is very clear if the 1372 level goes then the short covering will run the market quickly.
Don't know if it will happen today tho.
More likely next week !

Yes while we are sitting on 20 points profit one should consider there own position on whether to take profit or not.
Please don't wait for me to tell you when too lock profit, that's something for you too decide.
I am not in the business of hand holding.

We also see the metals up also which is great.
Last month was a blood bath for many commodity funds.
I am still holding my silver and looking for higher prices.

In the wheat I got stopped out at 643 but will see how far we go today before considering to reposition the short.

For the traders who use cycles..
Please note I am not out to question your views or methods.
In fact the more indicators you have going the one way the better the odds of success.
So the fact that the astrology is against the cycles at the present time shouldn't come as a surprise.

For the students of financial astrology
Today's VC which comes in at 4.40am is not a negative aspect as many believe.
In fact its a bullish aspect and I will explain why

First its a Full Moon Virgo
Full Moons as I have explained before tend to produce bottoms 24 hours either side.
Then we also have the Sun in Pisces which the sun has no strength against the moon.
Also note as I stated days ago Venus in Taurus.
Note that if there is no serious negative aspect that this will always dictate direction.
So until this wanes as I said before I am a very humble bear and an  aggressive buyer.


As always use the above as an indicator to your own work.

Cheers

just a quick note

Just a quick note that rolls from the March to June contracts in the index and currencies start tomorrow and friday...

cheers

Profit booking time

Afternoon all

Well today we recouped some of our losses from the day before which was great.
Also the Wheat/silver hedge play was a winner, so another tick for financial astrology.

For those who are play the hedge you might want to unwind the hedge tomorrow and leave the exposure on for the Crop report Friday.
But as always if you don't want risk then please close out tomorrow.
As I suspect both metals and grains might drop Friday.

In response to an email I received..
I believe Financial astrology is about 85% of the time right, when used to filter technicals.
Now I do say that because that's how it really is not trying to sell it to you all.
The objective on this blog is not to throw out trades, but to demonstrate how financial astrology can assist in ones trading.
Its a tool that's can be used to clean up a lot of the wiggle lines technical analysis produces.
The beauty of financial astrology is that its not man made law its universal which cant be changed no matter what.
Its the interpretation of astrology which changes ones view.
That's why I believe its important that as traders you do learn just the basics and understand whats to come.
Then if you wish to pursue it by all means please do .

Cheers

Positions

Hi all
Sorry didn't post earlier but had to fly to Singapore on business..

What a bitch of a day today was!!!!
I got stopped out at 1356 which was frustrating.
Either I am reading my work wrong which I doubt or this market will explode higher ..
So yes I am going to establish my longs again during European time, under 1345 would be ideal.
Now with the metals coming right back they are looking juice for a nice pop up.
Buy silver selling wheat hedge....

I don't believe that we have seen a top.
By my work a top is some way off yet.
Yes a lot of cycle work comes in this week but I do not follow it as many obviously do..
Perfect example today.

So it remain to be seen what happens tomorrow..

Cheers
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.

Central banks buying US stocks

I received a number of emails regarding central banks buying US stocks.
Some are freaked out by it but I don't understand why.
Since when where the central banks only limited to buying bonds,gold and foreign currencies.
Central banks are cash cows for the countries governments no matter how you put it .
Sure there their to make sure the financial structure is sound but whats next.

Lets put the acid of yourselves, If you had $2 billion to spend, what would you buy.
We are talking here for a year or 2 investment, risk free..
Remember the risk free that's the icing on the cake.

Debt from Europe ?
Metals at there current prices?
US Debt?
Which Currency is sound and cheap?
Which stock markets are safe and have potential to gain, and liquid?

So now that we are starting to see whats out there the options are seriously limited.
Yes they are going to buy Apple and GOOGLE so this is just going to increase the potential move in the US  stock market and get this?
Its basically fully backed by the Fed with a drop would trigger QE3 and 4...

The Germans nor the British will back there stock markets where as the US will and twice on Sunday as the saying goes...

cheers

Major aspect ahead

Morning all

This week we have some major astrological aspects comfronting the market and sentiment.
For the Students what you need to look at its how this is going to play out ..
The 4th we have the Venus opp Saturn. Negative
On the 5th we have the positives Venus into Taurus at 5.25am
Also 5th at 6.35am we have the Mer conj Ura...both positive
So what its showing that while many will try and push the market down this market cant be held down.
The first aspect in particular is very powerful, so one need to use caution if shorting.

We did use Fridays dip at 1365 to buy and did so at 1366.
So I am set I am playing for 1403-05.

On friday we did see the metals and Grains whip traders around..In the commodities I'm keen to wait until todays MOC before establishing longs positions.

As always use the above as an indicator to your own work.
Futures trading can produce huge profits and losses.

Cheers