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the pit version of the micro contracts were at the Mid Am Commodity Exchange. A lot of great traders got started there. If I were a young trader now, I would learn all about the history of our business. This is part of it.
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"vanity of vanities, all is vanity" Ecclesiastes 1:2
There are a lot of good people on this app!!! God is good always!!!
This is Velika Gospa or Moji feast in the Bridgeport neighborhood from a couple years ago. Fr Joe was my Ma’s spiritual director and he buried her when she passed. He went back to Croatia after she died. This was the first time I saw him since he left.
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the trade is short 30 yr bonds targeting 107.04-06, short gold at 4591 down to 4492, sell more under 4492, took 25% off at 4470 to pay for the trade, I will flatten at 4325 or scratch the balance. ES and NQ suck so far. It would have been nice to buy some CL, missed that....... Todays OR's for my group.
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Ok-so remember, 202 pt swings with 101 pt ladder rungs. The swing trade is short below 7402 to take profit at 7307, sell more under 7300 to complete at 7200. If we get back above 7400 the swing is over and we stay in this tight range, watch cl, and VERY VERY importantly is to watch the 30 yr bonds are taking out last years lows.......... very unbullish(@chigrl
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Is anyone beside me and @chigrl paying attention to Dec CL??
What does the world look like if bonds have a 9 handle??!!
“What eye has not seen, and ear has not heard, and what has not entered the human heart, what God has prepared for those who love him,” 1 Corinthians 2:9 Happy Mondays my brothers and sisters.
I cannot express the importance of this thought- I would rather miss a move then to lose money……..