Describe your style of trading (short / medium / long term, trending / contra trend, what instruments….) I would describe myself as a trader in a combination of short-term and medium-term time frames. In my short term trading I would classify myself as intraday with willingness to hold overnight if circumstances warrant it. My medium-term […]
Month: May 2011
Trading is like shooting…
in rifle marksmanship, we talk about the “natural respiratory pause” the moment of balanced hesitation between the exhale and inhale during normal breathing; this is when we teach the shooter to squeeze the trigger, when the body is at maximum stability there are 2 moments: after the inhale is complete, but before the exhale begins; […]
Economics by fiat
This is how the President thinks businesses work: that they hire on the hope that it will contribute to better national economic numbers which will generate them some business: President Obama urged businesses to “step up” and hire workers, pressing banks and other corporations to do more to help an economy that he said would […]
May 10, 2011: resumption of the silver trade, and US indices keep marching up the wall of worry
Now that market manipulation shenanigans in silver have subsided, the longer term fundamentals driving prices upward have begun reassert themselves, namely excess printing of money by most major economies, fear of debt defaultsthe U.S deficit, , the political unrest in the Middle East & North Africa, the depreciation of the dollar, accelerating global inflation, the growth […]
quick review
day 2 of a rebound trade in silver worked well for us today, and oil was rewarding also we like SPY’s favorable price action today, but it was not decisive, and so this remains a trader’s market with both risk and reward in each direction
May 09, 2011: closing call Staying long Silver
the maxpain range compression startegy paid off; we saw a nice gap up at the open, and buying pressure all day in the indices and in silver especially. AGQ (2x silver) returned 14%+ , day over day, and offered a number of low risk intraday entries Oil, agriculture, and other selected commodities had their 2d […]
Premarket call May 08, 2011: all the precious metals up in the overnight trade
building on Friday’s momentum (or putting in the first peg of support) all the precious metals are up in the overnight trade; silver is in a perfect “max pain range compression” stage here, ready to break out of Friday’s relatively tight range in either direction with advantage Related articles Here’s What That Huge Commodity Fund […]
Weekend report review May 07, 2011 links on YouTube
Youtube link discussing the weekend reports http://www.youtube.com/watch?v=0gBXLyJxCow Related articles weekend market review, May 07, 2011 (kansasreflections.wordpress.com)
daily trading plan review link May 08, 2011
daily trading plan review link http://www.youtube.com/watch?v=ukYimU8A99U opportunities developing tactically in precious metals, energy, commodities on their significant pullbacks. Stable boring Dow stocks like KFT, JNJ, PFE, WMT cotninue to outperform Related articles Gold Bullion International to Demonstrate its Automated Precious Metals Trading and Storage Platform at FinovateSpring 2011 (prweb.com) Daily ETF Roundup: GDX Continues Slide, VXX […]
weekend report review links on Youtube
http://www.youtube.com/watch?v=ZbcbWCR6E1M charts of interest looking at Renko charts as well as thumbnails using basic tools