Equity futures are rolling into March (H7) on Thursday and thus we should expect an increase in volatility for the remainder of this week. For us traders more volatile tape means we will need to be extra conservative with our position sizing and optimally add a few more ticks to our initial stops.
Don’t know about you but I just about had it. The constant drama is exhausting and it seems that not unlike adrenalin junkies many of us, including the MSM, have utterly become addicted to it all. At minimum it has created a thriving global industry which is feeding off of the hysteria and taking advantage whenever and wherever possible. It seems that since the turn of the new century our collective lives have increasingly been plastered with a litany of drama, degradation, and depression. Across the board, politically, economically, financially, socially, as well as environmentally the West has somehow managed to stumble from one major crisis right into the next, whilst making [...]
Friday is usually my least favorite day to take on new setups, for obvious reasons, but beggars can’t be choosers and I’m glad that things are finally starting to come into sync across the board. Plenty of juicy setups today and I’m confident even Hoss won’t go hungry tonight!
A rising tide floats all boats, as long as you’re swimming in equities apparently. Currencies, futures, and bonds however have been selling off hard since the launch of the post election Dollar rally. How far it’ll manage to run remains anyone’s guess (although I have some ideas) but it seems that it may at least be taking a little breather – for now that is: