Down ES goes with DAX leading the way. President Trump is coming back from the shortened G7 meeting. The US National Security / War team is waiting for him.
Guessing we're due a good rip up soon? Might buy a little on the spreadbet account with the intention to add more if we get a decent dip
On long term entries of futures I hedge so that if i lose $1000 in futures, the options cover the losses and will exit with overall profit of $100. My long term signale lose over 92% of the time on futures but hedging overall profit over 90%. But the homerun moves of long term futures is where the big profits and with add-ons are worth the wait for me. Took me couple of decades to develop long term system to include hedging when retracement patterns pop up, takes great deal for me to be content in life but am with this 35 year old system.
For anyone who haven't made the move to Sept contract yet, yesterday there was higher volume of those who have switched 1858634 vs 1642531. Just sayin'
“The strongest semis are faltering after their spike, Market must be tanking assuming” I was trading AMD to $130.20 and after selling my calls started writing the above. I thought it didn’t matter so it remained in my cache because Papa Trump was bringing peace to Iran. I was wrong, he’s bringing “Pieces to Iran”, I should have posted it.
iran doesn't sell oil into the international market, most goes to china directly. in any case, taco tries to kill their leadershipe, even it succeeds, their ultranationalists and religion extremists will do harms to destabilize the situation. they have more weapons than ukraine had after cold war ended. both sunni and shia will have a field day with infidels