Monthly Archives: June 2011

Recap..

Posted on 06/30/2011

We have paid for our stops in the equity index futures. If you haven’t already, pay for your stops by the close in the miners. I.E. Sell a portion of your long position, so no matter what happens, you do … Continue reading →

CQG IC Chart…ZCE..Corn Weekly Continuation Globex

Posted on 06/30/2011

$6.18 is a full 1/3 rd re-trace of the bull market that started last June. This is a front month July #. The volume is in SEP. contract which is locked Limit down. I also like the JJG low for … Continue reading →

Stock Indices

Posted on 06/30/2011

We’re at the type of level that I like to pay for my stops and let the rest ride. So, sell a little and pay for your stop.

Swiss Franc IMM Futures (SFU)…USD/CHF

Posted on 06/30/2011

118.20 is the keno Pit futures weekly closing Number for an outside reversal weekly lower close. That’s app 84.65 USD/CHF. The weekly # in USD/CHF is a close over 85.19

EUR/CHF…Precious Metals

Posted on 06/30/2011

Long Euro/Short Suisse 121.50 now becomes the weekly focus in this cross. A close tomorrow, above, will put in an outside reversal week to the upside, signaling an interim bottom. Last months close was 122.96, which should cap the rally … Continue reading →

A.M. Look 6/30/11

Posted on 06/30/2011

Today is month and Qtr’s end. Expect late day window dressing. Time Frame trading…a whole new game can start after 4 P.M. EST today into tomorrow. Read Yra!…Low rates = the yield chase continues These currency levels are from yesterday,they … Continue reading →

Recap…

Posted on 06/29/2011

We’re Long SPU,NASD,GLD,SLV,AAPL The parameters on this are very very tight! The stop is based off 1292 S&P 500 futures and 2279 Nasd 100 futures AAPL has to remain above 331. Time frame ( Unknown). I could be out tomorrow … Continue reading →

S&P 500 & Nasd 100 Futures

Posted on 06/29/2011

We will be going home long these with stops around today’s low. ETF traders can use the SSO or the QQQ We will also be long AAPL using a 5 dollar stop.

Gold & Silver ETF’s

Posted on 06/29/2011

ETF traders….We’re going back to our original Long positions in the GLD and the SLV going into the close. You have eleven minutes left to do this trade or you can wait for tomorrow’s opening.

Gold & Silver

Posted on 06/29/2011

Gold did not close over my Pit level although Silver did. I have not re-purchased the metals yet. I am waiting until just before the NYSE closes (3 CDT…4 P.M. EST) for confirmation of the signal. Why, I got ripped … Continue reading →