The lunch of a new website!

Indeed wordpress is limited and i wanted to have my own website and I finally got around it so today I will lunch http://www.illuminatitraders.com/ were I will hopefully write more and post my trades often.

Trading Hours To Watch For!

When program trading is run, they usually pick a round number time frame wise. So the first peak was at 10:59 and the second peak was at 11:59. If they manage to punch in a 3′rd peak around 12:59 or 1:14/1:15 it usually means that the market will go higher. After that, you need to watch for the market peaking at 1:59, 2:59, 3:30, 3:40, 3:45 and 3:50. 3:57 usually tells you what direction the market is going to do after hours. Watch these timeframes over a few weeks. you will get the hang of it.

Originally posted as a comment by arak0 on xTrends using Disqus.

Have your hedges on!

Listen we had a good run now its time to pullback, even though I still remain bullish in medium term short term you need to short some stocks or have a few hedges on. If you followed me on Covestor or Twitter you should see that I bought 2x bear S&P Ticker SDS and 2x bear Commercial RE Ticker SRS, Trade accordingly.

A Rally at hand!

Listen I know it seems like the world is ending and the president is telling you to buy stocks, which should be a contrary indicator most of the time, but I do think we have a rally at hand here. On a previous post I mention that the levels on the S&P would not hold this time around and, I WAS RIGHT but that’s not what is all about, its about making money and this few days I have been riding without hedges on my 401k which you can track on Covestor and deservedly so I have been hit hard. I have been doing well on trading the futures as volatility is still here and there is plenty of room to make money on intra-day basis. Here is a look at $SPX

I think we have a rally at hand, as we are very oversold at these levels and I’m position accordingly.

Inna – Hot

POT is a buy

I like POT at these levels is been bouncing off the trend line very nicely and in general the Ag’s have been on fire lately even with the market deteriorating.

The so called stimulus plan!

No one has read it

I Like TBT

I have been in and out of TBT several times, after the recent pullback i like it even better. TBT correspond to twice the inverse of the daily performance of the Lehman Brothers 20+ Year U.S. Treasury index. With the government passing out various stimulus plans and printing more dollars and selling Treasuries TBT should chug higher from here. It bounced of the 20 day MA very nice today so I did buy some.

You can set a stop below $25, to take this trade off.  Also I would take profits on the GLD trade as the market is moving higher here. Money should come out of gold and into equities once again at least in the very short term.

Loving the action in Gold!!!

Gold has clearly broken out I think you can buy it here, to get into gold I follow the GLD etf which tracks the Gold futures. I think you can buy it here with a stop below $87

P.S. If you followed me on the OIH trade, which was a great one I nailed it, you can take that off as it reached its target of $84.

Weekend Fun! – Love the E-Trade commercials! Shankapotamous!