Emini Trading Update – Thursday 21 Mar 2013 (12:18)
Back into my trading and a nice little sell-off to get things going. I’m waiting for the next big trend move and looking for breaks of Support/Resistance on the higher time frames (1,500 and 4,500 tick) to show the way.
And don’t underestimate the significance of Cyprus. Those play-by-the-rules-or-else Germans and the incredibly stylish Madame Lagarde have miscalculated.
Do you think it was a coincidence that Madame Lagarde’s apartment was raided by French police? Do you think maybe a few Cypriot politicians have received phone calls from ex-KGB bully boys? Do you think deposit guarantees made by the ECB are now worth anything? The party is just getting started.
Good luck with your Emini trading.
