Today´s Market June 11. 2013


The market opened substantially lower as The Bank of Japan let its monetary policy unchanged. The trading day could be described a s a roller coaster. Lower in the morning, recoup most losses around midday and at the end it closed towards the lows. As we were able to close a WTI position left open on June 07, 2013 at a substantial profit we traded very cautiously the rest of the day.  Our bias is still short on spikes, but if tomorrow we open substantially lower we may try  some long positions. Today we realized 2.25 ponts profit in the NDX and our WTI position yielded USD 319 (Please keep in mind that we trade based on USD 25,000 portfolio; bigger sized portfolio must adjust positions accordingly).



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s