aileron market balance: issue 15.1

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  • 7/31/2019 Aileron Market Balance: Issue 15.1

    1/1

    February 13, 2012

    12:20 pm E.S.T.

    Good afternoon everyone. I thought I would spare you more 'emails' and give you an actual newsletter update ...

    First of all, a clarification.

    When speaking of Micro-Forex, I speak in terms of unit sizes of 70, or 90 ( or 0.07 Micro-Lot or 0.09 Micro-Lot). When

    speaking of such unitsizes, I am speaking from the standpoint of using Oanda as a broker rather than ThinkorSwim when it

    comes to Forex. With Oanda, when you enter your order? Instead of entering lots, you enter exactly how many units you

    wish to trade. You can literally put in 9.5 or 70 or 90 or 1000. This differs from most brokers that have set lots that you cantrade, and has tremendous advantages in customizing position size.

    Now, what else is going on besides the short in GBP/USD that has profit locked in? (I really do think I'm close with

    positive expentancy in Micro-Forex).

    Waste Management (WM): Continues to climb higher. I'll wait for Tuesday.

    July Sugar (/SBH2): Continuing a little higher, near a resistance ceiling. So I'll be watching for congestion, and then any

    breaks lower out of congestion for short opportunities while keeping an eye on the tape.

    March Soybean Oil (/ZLH2): Continuing to fall a bit, which I like for another long opportunity. I'd like to see this fall

    just a bit further, and of course congest then watch the tape for buying pressure and breaks to the upside to go long.

    March Cotton (/CTH2): I hope we had subscribers long last night as Cotton rallied. And with Commodity Futures, I justgroom those stops higher to lock in profits when such situations arise.

    For now though, Cotton is falling, just as March Soybean Oil is falling. So it's the same situation. I'll wait for congestion,

    or the market to travel sideways. I'd want that to happen for about two or three bars on the ten minute chart. Then look for

    buying pressure in the tape to buy breaks to the upside to go long.

    Until next time, stay safe trade well, and remember that loving other people doesn't cost a dime.

    Note: I, the author do not grant this work for wide distribution beyond any single individual subscriber as this publication is protected by U.S. And

    International Copyright laws. All rights reserved. No license is granted to the user except for the user's personal use. No part of this publication or i ts

    contents may be copied, downloaded, stored in a retrieval system, further transmitted or otherwise reproduced, stored, disseminated, transferred, or used,

    in any form or by any means except as permitted under the original subscription agreement or with prior written permission. The above statements shouldnot be construed as an investment or trading recommendation. Aileron Market Balance is a newsletter that allows subscribers to look 'over my shoulder'

    as it were, formy own personal specific trading and investing ideas and thoughts for the next week. But they are only thoughts as of the moment of

    publication, and are subject to change. Any trades or investments that I discuss within this newsletter are simply my own thoughts regarding my own

    investing and trading outlook. Remember that entering any market is an individual decision. There is no guarantee that I will enter, or have entered any of

    the trading or investing ideas that I discuss in this newsletter; as larger accounts may require a different strategy as the ones presented here. Thisnewsletter simply contains my trading and investing thoughts for the next week. I personally only enter any market after watching and reading the tape and

    I trade usingmoney management principles

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    . The losses in trading can be very real, and depending on the investment vehicle and market, can exceedyour initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 16 years of experience in trading and

    investing in these markets. The Model Portfolio accounts are hypothetical accounts,with all of the inherent problems therein, which are used within this

    newsletter in an attempt to track the results of this newsletter, and is run for the education of other traders who should make their own decisions based offtheir own research, due diligence, and tolerance for risk. Any pictures used within this newsletter are believed to be public domain. Any charts that are

    displayed using the ThinkorSwim platform, and other pictures were obtained through Wikipedia's public domain policy.

    1 Exact Link -http://nononsensetrading.com/MoneyManagement.html

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