Be Careful with Bull Traps and Bear Traps! Yesterday’s headlines-driven (“fiscal stimulus to the rescue”) rally fizzled out in the overnight futures market. It may be another wild day, with wild spikes in both directions…trapping under capitalized traders into deep draw downs and stop losses. Unless you are a professional trader with well capitalized accounts,...
Results of Published Model Trades for TUE 03/10 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Coronavirus, Oil Price, Plummeting Yields, Economic Stimulus Promise…Chop Chop… (trading plans effective from 9:45am ET) It is not a given that economic stimulus can help with the demand side shocks to the economy nor with a health crisis/pandemic. Retail traders need to be very cautious in getting sucked into the mini-rallies that can only prove...
Results of Published Model Trades for MON 03/09 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Oil Price-war Joins Coronavirus in Chopping The Markets! Our last trading plan published Friday morning said: “Since turning bearish on Friday’s (02/21) close, our models called for a test of the 2850-2880 level which was already tested and then meaningfully bounced back. These lows could be open for testing again today or on Monday!”. As...
Results of Published Model Trades for FRI 03/06 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Do Not Try to Catch a Falling Knife! There is no structural indications of any bottom to this fall, yet. If the 10% correction could not decisively rev up the markets, if the Fed’s aggressive rate cut could not meaningfully offer a boost up, then only a credible handle on or some kind of positive...
Results of Published Model Trades for THU 03/05 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
Not a Bull, Not a Bear – It’s a Hopping Kangaroo! Some can ride a bull, some can ride a bear…but, very few may be able to ride a kangaroo! Unless you are a professional trader engaged in mostly execution trades, you probably would be better off sitting out these wild swings in these markets!...
Results of Published Model Trades for WED 03/04 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. The horizontal lines on the chart show the price levels corresponding to the trading plans as published in the morning (please click here to (more…)
