About The Author

Frank Petricca

Frank Petricca is writer of “Petricca’s Pick” focusing on a Long Term approach for commodity traders that have an interest in Long term accumulation. Frank has worldwide recognition spurring innovation that points to communicating a different way to approach ones investment portfolio using commodity instruments. Contact Frank at 312-690-7763.

Visit Website →

Petricca’s Pick 11/15/2023

By On November 15, 2023 - 8:39 AM · In Market Commentaries, Petricca’s Pick

U.S. DOLLAR INDEX UPDATE

 

My post-dated November 8th was specific recommending Long-Term SHORT positions for U.S. Dollar Index futures.

 

Yesterday, “Episodic Volatility” occurred when the Consumer Price Index numbers came in cooler than expected shifting trade discussion from interest rate hikes to possible cuts that caused a panic sell day for Dollar Index futures.

 

 

 

Subscribers and clients know how important “Episodic Volatility” can be when one decides to make an investment of this nature.

In order to have success one must be “in the market” when news is released that can change market dynamics, change market direction.

 

Yesterday’s CPI report was in fact one of those days.

 

If you find that you are not capturing these exciting commodity developments a Longer-Term investment approach might be in order for you.

 

Remember there are four important components regarding my strategies…

 

  1. Positions are established only in the upper or lower 25% of the Long-Term trading range.
  2. Positions are established only when my trend following methodology is up or down within that 25% parameter.
  3. Positions are held until positions reach the opposite extreme high or low. (The upper or lower 25% of the Long-Term trading range).
  4. Correct money management strategies must be implemented.

 

There is no question that more that 90% of commodity investors lose money…

 

And it’s true that my strategies also incur drawdowns…

 

But – What I offer is a way to be “in the market” when major commodity moves occur.

 

My strategies require one to maintain –

 

  • Patience
  • Commitment
  • Vision
  • Discipline

 

Those of you that have an interest in additional details should call me personally. 312-690-7763.

Would love to hear from you.

 

In the meantime,

 

Have a great year trading!

 

Best

Frank.

Questions? Ask Frank Petricca today at 312-690-7763.        
Tagged with: • • • • • • • • • • •