September 14 – Friday 11 am RO (early)

September 14th, 2012 | Posted by Ivan K in LTM | RBT

All the charts are 12 hr bars, allowing heaps of time for life whilst maintaining the ability to compound more speedily than using daily charts.  This particular application of my  L.I.V.E.T.M.  approach I have labelled the LSR - LifeStyle Ruleset, for pretty obvious reasons in my mind.

Just twice a day to do some 'work'!

PS.  Even though I put this post together about 2 hours ago, there has been no material change in the markets covered.  Hence no need to amend any of the comments regarding the various setups or the CM of the positions.

In fact, the markets are currently putting a late spurt to the topside which enables the PRSL's to lock-up more profit for you on the campaigns.

This is NOT the time to become bullish!
The train left the station ages ago.
A full 500 pips ago!

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This is NOT the time to become bullish!

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As above!

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The move up is very scrappy ... translation: The FM's up are very short,
with the longest run being just 3 bars!

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There is no Special Opportunity for today.

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Great lesson today in 'All-One-Market'itis' as well as on OP's.

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In terms of size of the last 12 hr bar in all the markets, they are all way outside the bell curve of 'normal'.  This dramatically increases the probabilities of the range of the next 12 hours being smaller than this one.  Another way of viewing this is that the volatility will be less.

For those of you who trade in options, the decrease in volatility will have a decidedly negative affect on the value (premium) of both Call and Put options.  Taking a partial profit on long Call options would not be an un-wise thing to do!

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