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Tune Into Monday’s Audio Commentary
March 26, 2008 by gmantrading
What does or how can I trade well when Interventions is on the table?
Froth in the market leads to blow off and consolidation in commodities look at for price action to begin to base 1- 3 weeks and then move higher based off of fundamental demand
Intervention – Dennis Gartman, analyst on Bloomberg discussing the need to maintain strong liquidity and integrity in the financial system in the near term even though the long term effects are certain to follow.
Risk on scenario near term- look for equities and commodities to base, gain footing and then move higher for higher probability setups.
Hal set a date to get your first real trade in!
I PREDICT #4: I PREDICT that if you made a Currency Trading resolution, but you didn’t turn it into a specific, written goal with a deadline and a strong reason why you must achieve it, you will freely abandon it the moment the going gets tough. (4)
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