Pro Tips

Yen…Order Update!

Cancel this working order! Today’s Working Orders…Sell 2 Yen Futures (JY6Z) @ 92.85! We didn’t get this one on our terms. I’ll wait this out into Sunday.

A.M. Look 10/24/14

Stocks… Spu’s…got to resistance @ 1956 with a good reaction off the level. Point & Figure chart shows Bears need to see sustained price action under 1928-30 for lower. Nasd 100…shows small support @ 3962 with sell stops @ 1339.50. … Continue reading

30 yr. Bond Futures

There are resting sell stops @ 141.18. 141.12 is the high of the weekly gap. This is a cover zone the first time in, it is not an area to initiate a new short.

Yen…Trade Alert!

Sell 2 Yen Futures (JY6Z) @ 92.85! I didn’t sell them early at the market. Maybe we’ll get lucky later in the day. It will take equity weakness to precipitate any rally in the Yen. I’m looking for 110 (90.90 … Continue reading

Currrencies

AUD/JPY…94.85 is today’s momentum level just above the 200 DMA @ 94.63. All new price action is needed above this level for follow through in the cross. This seems to be matching up with 1941 in the Spu’s. EURO…weekly breakdown … Continue reading

A.M. Look 10/23/14

Stocks… Spu’s…as seen on the point & figure, after 5 days of a relentless 100 point rally with no consolidation, we finally got some back and fill yesterday. Now we have a range to judge the next move. Sustained price … Continue reading

VIX…Pattern Alert!

VIX is attempting an ORH day matching the technical levels coming back up in the Spu’s @ 1937.50. I was hoping for a print into the 14’s to buy some. Not going to happen! Spu’s could easily trade back to … Continue reading

AUD/USD…Protective Stop…Trade Alert!

This is a protective Buy stop for the current short Aussie position. This is closing position if elected. BUY AUD/USD @ 88.25 Stop. Futures traders use 87.85 Stop I robotic ally take the first 70-80 point directional move to pay … Continue reading

A.M. Look 10/22/14

Stocks… Equity Indices have exceeded all my # sets for this rally. They’ve all come too far not to have some profit taking or back and fill. SHCOMP…is attempting an ORL day, however it’s sitting right on 200 WMA support … Continue reading

Euro…Trade Alert!

Sell 2 EURO @ the market! This is an opening trade! I exited the last of my shorts on a trailing stop at 126.90 a couple of weeks ago. Since then, we’ve seen several failed rallies. I’m willing to lead … Continue reading