remember the long corn/short wheat spread trade that i told you about, well im up almost a grand at this moment, market is open about 10 more minutes, put on at a difference of $1.36.. its now trading at $1.26, so that one is worth about a grand at the moment, we will see where it settles today..
as for the actual market, im speaking at the emini sp at the moment, im getting ready to sell this late little rally... we broke through supp at 1180-1182.50 and went down to 1168.75 today... im going to sell 1 june emini sp at the market in a moment, should be filled around 1179... going to risk to 1194 even, this will be just over yesterdays high of 1193.75, so its a trade with a risk of 15pts at $50 per pt, so $750 worth of risk, ill be staying in overnight if not stopped out.. will adjust stops accordingly.. good luck to me and i need a drop..
as for the actual market, im speaking at the emini sp at the moment, im getting ready to sell this late little rally... we broke through supp at 1180-1182.50 and went down to 1168.75 today... im going to sell 1 june emini sp at the market in a moment, should be filled around 1179... going to risk to 1194 even, this will be just over yesterdays high of 1193.75, so its a trade with a risk of 15pts at $50 per pt, so $750 worth of risk, ill be staying in overnight if not stopped out.. will adjust stops accordingly.. good luck to me and i need a drop..