Monthly Archives: February 2012

Aussie…Trade Alert!

Posted on 02/29/2012

We are selling the Aussie short on a close below 107.30 @ 4 P.M.EST Start selling some Now @ the Market..

Spu’s…Portfolio Insurance…Euro

Posted on 02/29/2012

The Good news is I haven’t let myself get sucked into selling a break with the Europeans for the past 80 handles in the S&P. The bad news is that I did it today, and I did it Via the … Continue reading →

Grain Stops…Pattern Alert

Posted on 02/29/2012

We’ve got some descent gains in this sector we want to protect… We’re raising our JJG stop to “46 Stop Close”. AUD/USD…a close today under 107.30 AUD/USD (107.05 H Futures) is needed for an ORL day. This would be a … Continue reading →

SDS…Stop…Metals Position Update..

Posted on 02/29/2012

We’ll use a 15.80 stop in the SDS. We will add to this position with a close today over 16.20 We are currently Flat the metals and the miners.    

Time Frame Trading…Trade Alert!!

Posted on 02/29/2012

We’ve just seen massive pukes across a lot of asset classes to major Support zones.. The Euro, by remaining under 133.90, looks like the most vulnerable instrument.. We need confirmation late in the day below 1364 in the Spu’s, however … Continue reading →

Pattern Alert…Euro…Spu’s

Posted on 02/29/2012

EURO….a close below 133.89 puts in an ORL daily pattern SPU’s..a close below 1364.80 SPH puts in an ORL daily Pattern Gold just hit near term support @ 1720

Euro…EFA…Metals

Posted on 02/29/2012

We’ve got some interesting mid week extremes happening… Double top in the EURO on a Point & Figure shows any shorts can be managed against today’s high. Sell any rallies in the Euro!!!! EFA..should be monitored for cracks in the … Continue reading →

A.M. Look 2/29/12

Posted on 02/29/2012

LTRO was a big yawn… The commodity currencies are leading the crosses this A.M. USD/CAD…a close under 99.06 USD/CAD is needed for an ORL week. ( over 100.90 H Futures). 99.29 USD/CAD ( 100.69 H Futures) is where the 50 … Continue reading →

Euro…

Posted on 02/28/2012

Most of us sold the Euro in the 134.60’s Friday. I’m writing this in an effort to remain consistent!! As you know I have a wide variety of Clients with varying styles. Some guys took 2/3rds of their money, some … Continue reading →

Midday Missive….Grains…Bonds/TLT…Silver

Posted on 02/28/2012

Futures traders can buy any weakness in the Wheat or Corn against today’s low. THESE ORDERS ARE TRADER’S DISCRETION “DRT” 30 yr. Bonds…a close below 143.01 is needed for an ORL day. The better chart to watch is the TLT. … Continue reading →