Friday 29 June 2012

Since Europe is now "solved" the markets ripped higher in the overnight session, and I felt the open might bring quite a bit of volatility so I chose not to trade the morning session today.  At the open the NASDAQ futures swung higher, then 12 points lower before beginning a rally.   There were a couple of signals, initially a long at 14:21, followed by a short at 14:35.  In hindsight it was a good decision not to trade since the first signal would have been breakeven, and the second would have been stopped out for a two point loss.

It's unfortunate there were no signals later that would have allowed me to get on board the rally...

E-Mini NASDAQ futures


It's been a quiet week for trades, although I wasn't able to watch the markets all the time this week...


The Dollar Index was crushed in last 24 hours, causing the precious metals complex to shoot higher.

Dollar Index futures (Intraday);




Gold futures (daily)



SIlver futures (daily)

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