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China exports yoy Feb -18.1% vs +7.5% expected vs +10.6% in Jan.
Wow, what a miss, hold the front page !
Never give up, never surrender.
Stop at b/e on the sp500 short from 1880.1 just incase
there is one more throw higher.Never give up, never surrender.
more consolidation today and closed some shorts .
by my reckoning this market breaks one way or another tomorrow/ Thursday & with s4H tomorrow , that must be favourite.
looking to add back the shorts later or early doors tomorrow
Done the same as there is a risk of that throw higher,
most likely sometime within 31hrs from now, imho.Never give up, never surrender.
Euro above 1.39 again …. taken a small short as
it revisits this area of the chart as it may DT.Even if it makes further progress north it should
be possible to exit at some later point in time
because I cannot see any structual reasons
why it will hold this price through 2014.Never give up, never surrender.
It is unclear re major stock markets so best we be
on our toes into the end of this week.My lean is now we rise into Crimea vote then take
a bath but it could always be the reverse.I have a small s&p short at 1870 and will add at
1880 1890 1900 if possible and then just wait.Euro short above 1.39 is a waiting game.
Atm watch your margin even more closely.
Never give up, never surrender.
will scale in some shorts today, but be prepared for a POMO ramp up as the Fed are pumping in about $4billion today, second largest amount this month.
: http://www.newyorkfed.org/markets/tot_operation_schedule.html
best regards
lordia
Hello Gordon, could go either way from here, market doesn’t know itself what to do. Ukraine thing causing indecision I guess.
I agree Paps , yesterday’s fall to 1854 was either the end of the correction ( after all it was 30+ pts) or just a fake-out to put us back in the grinding uptrend .
the euro is stuck at a level where it’s next stop into the low 1.40’s , so either everything turns or the grind carries on. nice for the day traders
Sure is good for day traders and for plans
which go further in 2014 methinks.Never give up, never surrender.
Taken the profits, no trades open into the weekend for me.
Can’t decide re this weekend / Crimea vote etc and that we
have a quad OE a week from now.Let others sort it out and then I will come back.
Never give up, never surrender.
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