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To: NELSON111

” During the halt, the yen futures (/6J) was still trading. Well - about 10 minutes into the halt I noticed they tanked MASSIVELY. I figured that was a sign the FED did SOMETHING and that the market was going to reverse short term at least upon re-opening. SO - I went long on some crude oil contracts from 8:45 - 9. Worked out well to say the least.”

Really nice observation.


80 posted on 03/09/2020 7:55:31 AM PDT by RummyChick
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To: RummyChick

Well - I trade yen futures - and when you see a big red candle taking up half the page - you tend to notice those things - lol. Just glad I was out of my previous long on it - otherwise I would have been toasted and roasted.


82 posted on 03/09/2020 8:00:04 AM PDT by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog s<how. Theater for sheep. My politics determines my "hero")
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