China Reserve Currency Status

China Gets Reserve Currency Status

There is a lot of buzz about the IMF Granting China Reserve Currency Status at their October 20th meeting.  this could adversely affect the strength of the U. S. Dollar and the U. S. Dollar.  I suggest you follow Jim Rickards blog to keep up with this assertion. If you do not know Jim Rickards, he is the asymmetric threats guy who works for the CIA and our government and has written “Currency Wars” and “The Death of Money”, two excellent books I highly recommend you read.

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Front Running the DOM

How do you Front Run the DOM?

I have spent years watching the Depth of the Market (DOM) on my brokers platform.  There are normally 20,000 contract limits and stops indicated there for the eMini S&P and it moves like the wind.   There are literally hundreds spoofed orders put up and removed by large players in an attempt to push or pull the market one direction or another.  I was always curious as to how I could use the DOM to get an edge.  See the charts below:

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Back in Business

My little trip to get my left rotor cuff repaired became a big debacle.  Two weeks after the shoulder healed it became infected with the bacteria that causes acne in teenagers.  Long story short, I  had five (5) more shoulder operations to clean out the infection, eight weeks of IV antibiotics and I lost 20 pounds.

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Down due to an injury

February 8 of 2015 I injured my left rotator cuff swimming and it took about six weeks to get the MRIs having set up the surgery done to fix it.  I went in on April 8 for surgery and I had a major problem with the actual repair got infected.  The surgeon had to go back and take out all of the repairs take my shoulder completely apart and put me in the hospital for about six weeks on IV antibiotics.  If you have any questions about trading please email me bill@futurestradingsecrets.com.

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