The Perfect Setup: Feeder Cattle - switched to October contract

It's still looking like a nice entry at $134ish.

Personal Setup

I am a full time trader and have been for 3 years using my own money. I don't see how anyone trades without using EW. How do you know when you are wrong? I'm only interested in taking entries when the set ups are perfect in price and time. I will trade any futures market as long as the EW pattern is clear. If I can see the trade from across the room and it's grabbing me by the throat, I'm interested. I'll leave all the fancy wave counting to those that want to prove how smart they are, and want to lose money. The main reason for the blog is because I'm tired of reading about how EW is useless, how you can't time the markets, Prechter is a idiot, on and on. I'll prove you wrong on this blog, or go broke trying. Yes, the market will either go up or down, we can't predict the future. But, if you use low risk entries you can stay in the game and make yourself a nice living.

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The content on this site is provided as information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author and are for entertainment purposes only. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author. The author may from time to time make statements about certain investment vehicles and strategies, but it is not to be taken as investment advice. Again, it is just the author expressing his opinion only.

The Perfect Setup

Thursday, July 21, 2011

Feeder Cattle - switched to October contract

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