Thursday 27 October 2011

THE TIME & THE PLACE?


Full of bearish intent ..... 

I've chopped about the last month with negligible PNL and strong opinions VERY weakly held as the markets waited upon some 'European cartharsis.'.''

Today - post 'THE solutions' - my MICRO and MACRO patterns converged: 

SPX  - 1265 
EURUSD - 1.40+
AUDUSD - 1.05+
DAX - 6200

Markets have/are certainly testing the boundries of my margin of error ....

But you gotta do what you gotta do.

Mixed execution during the day ......

But full trade (=2% Equity Risk) on at/above MY levels.

Approaching the close looking to stay alive through the weekend.

Thinking one of the innumerable moving parts in the still unfolding European melodrama might still wipe the smile from what must be an extremely self-satisfied Frenchman.


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