The market's Pavlovian response to today's announcement that the Fed was considering sterilized QE is a bit silly. As such I shorted, but got stopped out. Bad place to get stopped.
Short ES @ 1349, stopped @ 1354. Loss of 6.45%.
Reentered short ES at 1352.75. Entered Short EUR/USD at 1.3148. Will probably enter a short silver (maybe copper?) position today/tomorrow as a hedge against a strong NFP.
Short ES @ 1349, stopped @ 1354. Loss of 6.45%.
Reentered short ES at 1352.75. Entered Short EUR/USD at 1.3148. Will probably enter a short silver (maybe copper?) position today/tomorrow as a hedge against a strong NFP.
I've missed some good opportunities by not going with by gut and balls (silver and copper over the last week, that I had been closely watching). I hope I'm not now trying to compensate by entering trades prematurely, but I think uncertainty over whether the Greek PSI goes through will be enough to make a small profit in the next 24 hours or so.
ReplyDeleteExited positions with small gains, not worth updating PSFI index.
ReplyDelete