Markets getting frisky

C

Cutten

Major move down in the dollar, and the EU stockmarkets look weak as hell. IMO we could have a bit of a nasty day today. Short S&P from 1044.75, stop at 1049.

Might as well pick up some fixed income too. Long Bobl from 110.43. Short FESX @ 2584.
 
Quote from Cutten:

Major move down in the dollar, and the EU stockmarkets look weak as hell. IMO we could have a bit of a nasty day today. Short S&P from 1044.75, stop at 1049.

Might as well pick up some fixed income too. Long Bobl from 110.43. Short FESX @ 2584.
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If your going to post a price at when to short you should post your stop, & TARGET price. If your helping out traders give them the full picture. :D
 
Initial target price is 1034-35, yesterday's lows, but it depends how the market acts.

The market has put in a low and rallied to a higher high intraday at 1046, so I'm lowering my stop to 1046.50

In hindsight I'm not sure it is a good idea to post intraday trades, as the timeframe is too short - by the time anyone has read it, the situation could have changed.
 
Cutten,

I thought you were going to be trading big macro moves?

Russian equities are melting down. MTMS 4900 is a possibility. I'm spread a little thin, so I'm studying a short position in CEE.
 
I trade intraday too.

Edit - forgot to mention FESX stop & target. Stop is now lowered to breakeven. Target is initially the 50 day moving average around 2555.
 
Covered 1/2 my S&P short @ 1035.00. Edit - as mentioned above, this was near the low from yesterday. I usually exit half my position when the market reaches a major high or low from a previous day, as these tend to act as support/resistance.

Covered half the FESX on the close at 2560. Edit - my reason was it is near enough to the 50 day MA and I don't want a full intraday position held overnight.

Stop on S&P now at 1039.50. Edit - reason is that it's just above the previous rally high of 1038.50-39.00
 
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