The following is coming out tonight, usually moves the oil market 19:30 JPY Household Spending (YoY) 1.50% 0.50% Forecast 1.50% Previous 0.50% 19:30 JPY Tokyo Core CPI (YoY) -1.20% -1.30% Forecast -1.20% Previous -1.30% 19:30 JPY National Core CPI (YoY) -1.10% -1.00% Forecast -1.10% Previous -1.00% 19:30 JPY Unemployment Rate 5.30% 5.30% Forecast 5.30% Previous 5.30%
New trade signal, boys, to add to the NLHD (NoDoji's Leaving Her Desk) signal (and my greatest apologies for not announcing my breakfast/feed the dog break after I covered my 73.58 short at the 20 EMA pivot approximately 8:55am ET thereby missing the re-entry for the small additional 70+ tick move): This is the NIGUBO (NoDoji's "I Give Up" Break Out) signal. After scratching a few failed trades or scalping some ticks in an idiotic range, I decide "this market action sucks, I give up, let's [see what emails I got, watch the rain fall, draw trend lines on my ES chart, etc]" and before you know it price is about 30-40 ticks out of the range
ND There's nothing like it, watching the rainfall in Arid zona. The market will be there tomorrow the rain may not. <*)))><
morning all, With today's news events (revised downward GDP and Bernacke's expected doomsday address) I am looking for a downward bias on equities and crude today. So, looking to short if we hit 74 and will add to the short if needed. g/l today.
Rolling the dice here long 73.18 just one lot stop at 72.75. Just buying at the daily pivot TP at 73.80
oh well at least I stuck to my original R:R. But it sucks when a sweet gain turns into a little crappy one.