Don’t Be A Chart Reading Fool — Be a Trader
December ES Mini Futures 12.4.19
On Wednesday, December 11, 2019, one of the greatest traders ever to live is going to do something he’s never done before…
Something you will surely want to witness…
Something we’ve never seen demonstrated this way before…
He’s going to attempt to generate $70,000 or more—in just a few hours—just from trading.
Care to see for yourself if he can pull it off?
And how you could use his secret yourself, to generate $200,000 in the coming year?
Yesterday President Trump said the trade deal might need to wait until after the election. The stock market tanked.
Today an "unnamed source" says the deal is closer to completion. Stock market futures are soaring.
Don't be a sucker. Be a trader. Be a tape reader.
Yesterday's game plan called a spot to buy. I said be a buyer of the dip. One-day declines do not change months of order flow. (Unless it's factual bad news)
It's very difficult to be consistent when you're fighting obvious order flow and hopping on the flip-flopping news train.
Be smart and read the tape.
Pete
Futures Surge After Bloomberg Quotes “Unnamed Sources” Saying US, China Closer To Trade Deal
We've seen these headlines before…
Equity futures in Europe and the US jump on “trade optimism” headlines around 4 am est. The headlines were published by Bloomberg, citing unnamed sources, who said the US and China are moving closer to the number of tariffs that would be rolled back to complete a phase-one trade deal.
zerohedge.com/equity-futures-jump-us-china-trade-deal
Ray Dalio Is More Famous Than Ever and Delivering Subpar Returns
The biggest hedge fund in the macro game, a $40 billion beast, is looking a lot like an also-ran.
It’s lagged behind peers over the past eight years, and a roughly 2% decline in 2019 is shaping up to be one of its worst years on record, according to people familiar with its performance. Yet the behemoth, Pure Alpha II, is the flagship of none other than billionaire investor Ray Dalio.
bloomberg.com//ray-dalio-subpar-returns
Jobs data, services gauge, Trump meets Merkel: 3 things to watch for Wednesday
cnbc.com/stock-market-outlook-for-wednesday-12-4-19
