11-5-04
ECONOMIC REPORTS-CUT RULES FOR SHORT TERM
SYSTEMS
MONTHLY UNEMPLOYMENT , CPI, RETAIL SALES:
RULE:
CUT ACD (NITE PRIOR TO REPORTS) AS DETAILED BELOW
1. ALL CURRENCIES
---GET FLAT
2. ALL STOCK INDICES
---GET FLAT –
3. US BONDS
CUT ½
4. FOREIGN BONDS
---GET FLAT
5. GOLD / SILVER
CUT ½
IN MORNING – CREATE AN OPENING RANGE FROM 8:20 – 8:45 AM
• TRADE ALL SHORT TERM SYSTEMS UTILIZING THESE
NEW OPENING RANGES FOR COMMODITIES ABOVE
i. DO NOT TRADE ANY SHORT TERM SYSTEMS IN
THE PRODUCTS ABOVE PRIOR TO 8:45 AM
–WHEN OPENING RANGE IS COMPLETED
FED MEETINGS:
RULE:
CUT ALL SHORT TERM SYSTEMS BY 50% @ 1:30 PM --- DAY OF MEETING
FOR THE FOLOWING COMMODITIES
ALL CURRENCIES
ALL STOCK INDICES
US BONDS
FOREIGN BONDS
GOLD/ SILVER
TRADE ½ SIZE FOR THE REMAINDER OF DAY IN ALL SHORT
TERM SYSTEMS