936AM
Hi All!
The temporary rally caused by China Equities Intervention is dissipating and setups are now forming again for “Fear”
No new trades yet. Read more »
917PM
Hi All!
Fight the urge to get back into the markets to recover losses incurred. Read more »
917AM
Hi All!
I’m pulling the plug on the trades and taking the losses.
Corrections should run deeper than what was expected. Read more »
922PM
Hi All!
Volatility continues as the Chinese Government intervenes once more in the equities market in late afternoon trade. Read more »
251PM
Hi All!
As per my previous post, volatility has erupted but not because of Chinese stimulus but because Chinese Exports and imports declined even as trade balance increased which adds to concern of a deeper worldwide slowdown. Read more »
805AM
Hi All!
The market continues to remain in consolidation (ranging up and down in a narrow range) overnight while waiting for China’s next move to stem the capital outflow, if ever they do something today, expect a lot more volatility, if they don’t expect another boring day. Read more »
1104PM
Hi All!
I’ve entered 3 New trades tonight as per my previous post. For those who wish to copy, you may copy just the new trades or all of them until 130AM:
Existing trade:
Newly placed trades:
Next update tomorrow morning at 10AM. Read more »
1028PM
Hi All!
My apologies again for the late posts, as I was again in transit. Read more »
924AM
Hi All!
I hope everyone tried to rest over the weekend. The single ongoing trade Short EURUSD is positioned for “Fear” which is what I continue to expect in the next 48 hours. Read more »
1016PM
Hi All!
Apologies for the late post, was in transit. Non-farm payrolls came out lower than the 215K expectation but unemployment rate dropped significantly lower to 5.1% which is a solid number for the US Fed to rationalize increasing interest rates. Read more »