3/9 – 3:10 p.m. New York time
i entered one position, a bear play on FXE, and exited none.
And I close the week with a recommended read, “The Role of Luck in Life Success Is Far Greater Than We Realized“, from Scientific American, and a question, to what extent do the research findings described therein apply to trading?
3/9 – 11:55 a.m. New York time
I have entered a position on FXE.
3/9 – 10:35 a.m. New York time
FXE flipped into a downtrend on the Fisher Transform that corresponds with a downtrending Elliott wave count, and I shall enter a bear position today.
My GLD position has moved to a downtrend on the Fisher and I shall continue to hold.
IWM’s count and Fisher Transform remain unchanged from yesterday and I shall continue to hold, but with reservations about that course of action.
By Tim Bovee, Portland, Oregon, March 9, 2018
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.
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