Allergan PLC was a good Stock to open SHORT positions in mid-October, but we were already SHORT from September.
It is easy for everyone to understand why, in October, Allergan is losing so many points. In fact, on Monday... READ MORE
Stock Market Forecasting, using not-usual instruments, because all is One. Focused on the CRUDE OIL, S&P500, Cotton, ASX200, SOYBEANS, CORN, Wheat, Cotton, Live Cattle, 30Y T-Bonds, Gold and Silver - forecasts and strategies ------- Daniele Prandelli - HIGH PROBABILITY TRADING TECHNIQUES
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Monday, October 30, 2017
Friday, October 20, 2017
This time I was wrong!
In the last Newsletter, I said I was expecting
a down push, but I was definitely wrong, and the S&P500 went up and
up to new all the time Highs. At least, I gave an interesting level
where we had to protect the position, over 2506 IP; in this way we
closed the SHORT position with a little loss. Actually, at 2511
Futures Points we opened a LONG position, because that was the signal for higher
levels, and we made some profits (even if we closed the LONG position
quite early).
First of all, let me say there are much better
Markets to trade, because a Market with a very low volatility is not good for
traders; I do not suggest to trade the S&P500, or just open
a LONG position and follow the uptrend with a stop below the trendline that
defines the trend. If you want to SHORT the S&P500, wait for a
confirmation, a beakout. With a low volatility, there is no energy to
react at any cycle or change in trend; this is the reality and we better accept
it.
There are better Markets where we are doing
well, like Gold, Soybeans (we are LONG from 922, now at 987),
T-Bonds (we are LONG from 152, it is now at 154)... But there
are also other Markets where we are not seeing any good movement, like Corn
(which is horrible), Wheat, Crude Oil.
This situation, with Low volatility, gave me the time to move to Stocks, and I
have created a new system where I can make money with a lower risk than Futures,
and I can pick up the Stocks that have the volatility I like. The website is
under-construction, but you can already subscriber to it and get the Stocks
Strategy Daily Report for FREE (the Stocks Strategy Daily Report
will be FREE for the next months; we want you to test what we offer before you
spend money for it). The Report is very easy to be read, we just provide precise
signals with stop-loss and take-profit orders.
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