Today´s Market June 18, 2013

ndx1806

Today the market opened higher and kept going with a few corrections on the way, closing  a few points off the high. We applied our strategy of going short on spikes but assumed very little risk, therefore closed our positions rather quickly. As of today we still prefer shorts on spikes but will define our strategy depending upon tomorrow´s  Fed  announcement.  We believe tomorrow will be a very volatile day thus  staying out of the market as much as possible.

PROFIT; USD 160 (Portfolio size USD 25000)

Advertisements

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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 )

Google+ photo

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

Connecting to %s