Bad Economic Data. 2 Good Trades.

Tuesday, October 13, 2009

The economic data released today was quite disappointing. Both the Chicago PMI and the Consumer Confidence Data printed below expectations.

I have made 2 good trades today, one short Crude Oil Futures trade from 71.00 to 70.50 and one short trade on the EURO Currency Futures from 1.4100 to 1.4050. They were both mechanical trades generated by a system I have developed.

I will not trade any discretionary plays until Enzo is born, and he can arrive at anytime now.

Petroleum Oil Gas info Blog is a website for active online futures and stock traders. I will provide my real time trading decisions and my market thoughts on this webpage.


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