Stocks trading, Forex trading, currency trading, Friday June 27
At the end of the day today, I entered into some positions. I will state them and then explain the rationale, and provide an update. All positions are winnners so far:
The following positions were entered into:
1. Sell EUR/USD in area of 1.5760
2. Buy half position size of Nasdaq 100 tracking EFT (NDX index, NQ futures contract)
Position 2 is up in after hours.
Position is up 40 PIPS as I type this. Thefore great money in short time.
How did I think? The price moves to find buyer (on the way down and sellers on the way up). That is what it did today for equities (sell off) and buying of EUR/USD.
Now if I can time where the stronger sellers of EUR/USD are, it means that I can predict a rebound of the dollar (even if for just few hours).
Rebound of dollar is perceived as bearish for commoditities, and since the market is worried about inflation, this will be a signal for sellers of stocks to move to the side and possibly encourage some bargain hunters.
This means the morning session of tomorrow Friday would see an upmove, and I will sell my position in that upmove, and then short when I see weakness.
As for the EUR/USD it is already making 40 pips which is $400 on each lot a trader can open.
There are other reasons for going long the stock market and shorting eur/usd which are rooted in some trading secrets I possess.
I will be glad to share with you these secrets and include you in my by invitation only blog. Just send me an email to:
stocksprofessor@gmail.com
Empty emails are fine, but feel free to write what you please.
Happy trading,
PS:
I will be glad to share with you these secrets and include you in my by invitation only blog. Just send me an email to:
stocksprofessor@gmail.com
Empty emails are fine, but feel free to write what you please.
The following positions were entered into:
1. Sell EUR/USD in area of 1.5760
2. Buy half position size of Nasdaq 100 tracking EFT (NDX index, NQ futures contract)
Position 2 is up in after hours.
Position is up 40 PIPS as I type this. Thefore great money in short time.
How did I think? The price moves to find buyer (on the way down and sellers on the way up). That is what it did today for equities (sell off) and buying of EUR/USD.
Now if I can time where the stronger sellers of EUR/USD are, it means that I can predict a rebound of the dollar (even if for just few hours).
Rebound of dollar is perceived as bearish for commoditities, and since the market is worried about inflation, this will be a signal for sellers of stocks to move to the side and possibly encourage some bargain hunters.
This means the morning session of tomorrow Friday would see an upmove, and I will sell my position in that upmove, and then short when I see weakness.
As for the EUR/USD it is already making 40 pips which is $400 on each lot a trader can open.
There are other reasons for going long the stock market and shorting eur/usd which are rooted in some trading secrets I possess.
I will be glad to share with you these secrets and include you in my by invitation only blog. Just send me an email to:
stocksprofessor@gmail.com
Empty emails are fine, but feel free to write what you please.
Happy trading,
PS:
I will be glad to share with you these secrets and include you in my by invitation only blog. Just send me an email to:
stocksprofessor@gmail.com
Empty emails are fine, but feel free to write what you please.
posted by Stocks Professor at
1:09 AM
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