CORN FUTURES -2 POINTS

Long corn @ 361 STOP @ 357 TARGET ONE @ 366
MOVED STOP TO 359

STOPPED OUT - 2 POINTS

Soy Futures (/ZS)

Here's a nice setup for tomorrow's open. I will get long at the open for a quickie (4 to 7 points)
Hope it helps...

QQQQ -.40

Long @ 47.13 stop @ 46.73 target 47.84

Stopped out - .40

Gold & S&P

The next short term target for gold should be 1260. Then I will watch how the price action reacts in this area. I will wait for a breakout or a pullback for another entry point... I continue to wait patiently for a shorting opportunity on the S&P as I day trade my way up to the resisitance area (white lines on the chart). Hope it helps

For those who don't trade futures you can trade the spxu etf...

http://ping.fm/tn6Zj
Gold dispensing machine!!!

Day Trading vs Swing Trading

Now that the volatility has returned in a MAJOR way, I will not put on any swing trades until the markets return to what I consider normal, if there is such a thing. I'm only willing to day trade my way up to 1180 on the S&P futures (ES) in the present market conditions My trade of the decade is very close to confirming. Last weeks plunge was merely a fake out. Finally we are seeing that when times are good, corruption an in-competence can be hidden as we are witnessing what is happening in Greece... Gold has hit 1227 as I started writing about 9-13-09 (gold strategy). For those of you that followed my gold trade I'm sure that you are doing quite well... Stay tuned for what could be my trade of the decade. This trade could and should last for months and the potential return should be PHENOMENAL! Much bigger than my gold trade... Hope it helps

Prime minister Bown resigns...