Tag Archives: MOO

16 March Futures Commentary

Disclaimer- The following is presented for entertainment purposes only. Do not attempt to trade using this data, and I recommend that you not trade futures at all.

No new entry signals today. We had the same exit signals that we’ve had for a while in the eurodollar, fed funds and unleaded gas. Also, the system rolled crude oil contracts. We don’t currently have a position in crude, so no action should be required.

Gold rocketed up today. However, the increase in the hypothetical portfolio was just about offset by declines in both the bonds and stock indices, a predictable development after the huge move yesterday.

Here’s a quick bit about the entry signals used. “MOO” stands for market on open, and the system uses the open price of the next trading period as the price for its calculations. In practice, you could enter via a limit order or some other method.