Back On Track
I mentioned in the comment section yesterday that 2018 will most likely end up as one of my top three most exhausting trading years. 2008 was rough for pretty much anyone, 2010 was difficult but we made it through just fine and in the green. 2018 on the other hand, at least up to date, has been just outright annoying. And the main culprit squarely points at realized volatility in both the short term and medium term.
Fortunately I grabbed a pretty early entry on the E-Mini yesterday which allowed my ISL to remain a good distance away from yesterday’s second spike low. Price has now advanced to 1R MFE which allows me to raise my stop to break/even. We are back on track!
Talking about annoying – why in the world am I trading bonds in the first place? I should seek help.
Crude on the other hand is making us proud. Did any of you subs grab that entry right after the roll over? I really hope so as it’s been nothing but manna from heaven since. I’m up to 4R and my trail now sits at 3.7R.
Our Dollar campaign also continues to plug along and in the right direction! I actually think this one has more meat in it, let’s give it time. Trail here goes to 2R now and our MFE was almost at 3R.
My general sentiment regarding my stop out on the USD/JPY can’t be repeated here as this is a family friendly trading lair. Well, at least it was at 1.5R, so we’re out in the green. But I have an inkling what comes next will greatly thwart the current advance, and thus I’m rather miffed about this overnight stop run. On the other hand given most the above I should truly count my blessings.
By the way, if you missed these or other recent entries or perhaps even found yourself on the losing end, then head over to the sign up page to once and for all remedy this unfortunate situation. Evil Speculator Gold goes for less than the cost of a single E-Mini handle and if you enjoy trading it you may as well sign up for the Zero which includes Gold plus a continuous feed of our mostpopular market participation oscillator.
Now I completely disagree with this advance in the gold futures based on what I’m seeing over in the Yen (which continues to drop). Which is why I’m grabbing a short position here with a stop> 1216.
Alright, more goodies below the fold for my intrepid subs:
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