Pro Tips

Pattern Alerts

Posted on 06/18/2014

QQQ & Nasd 100 are both attempting ORH days. Nikkei (U) Sept Futures are poised to test weekly resistance and a possible upside breakout with a close over 15,300. A close over 15,500 will signal another bull leg up. ​IWM​ … Continue reading →

TBT & TLT

Posted on 06/18/2014

So you want to play the Fed announcement?Lucky you, there are Friday options expiry in the TBT and the TLT. They are the June 2014 options which go off Friday at the close. This idea is for those in front … Continue reading →

A.M. Look 6/18/14

Posted on 06/18/2014

Stocks… IWM…Russell @ 117.50 has a potential weekly double top. There will be resting buy stops above this level. Bonds 30 Yr. Bonds (M)…137.02-04 is near resistance and the upside pivot. FX… Euro…is trading oversold, which means it’s a sell … Continue reading →

Australian Dollar Trade Alert!

Posted on 06/16/2014

BUY 1 DA6U ( Sept Australian Dollar Future) @ the market. FX traders just buy the cash AUD/USD. Do this on an equal weighting to spread up the present Short Euro position. We will now be Short Euro/Long Aussie on … Continue reading →

A.M. Look 6/16/14

Posted on 06/16/2014

There will be no published research tomorrow, Tuesday 6/17/14. Stocks… Nasd 100…(M) minimally needs price recovery over 3780 to retest the high. Price action below 3754 could lead to a deeper correction. DAX…last night’s low is matching up with the … Continue reading →

Midday Missive

Posted on 06/13/2014

They tried the Equity indices both ways early. Now what? The retest of the 3754 qtrly level in the NASDAQ ( the failure to get all the way down there) + the low in the IWM will give hope to … Continue reading →

A.M. Look 6/13/14

Posted on 06/13/2014

It’s Friday the 13th with Full Moon Fever. “Stand my ground, I won’t back down” (Tom Petty…Album… Full Moon Fever.) “I know what’s right and I won’t back down” The Bulls will have their work cut out for them “Hey … Continue reading →

Price Action Equity Indices

Posted on 06/12/2014

EEM is attempting an ORL day SPU’s …1913.50 will be the key hold # through tomorrow. This is the weekly ORL # Nasd 100…the mini’s are putting in an ORL day with a close below 3779.50, however the pit session … Continue reading →

Euro & Gold

Posted on 06/12/2014

135.58 is today’s ORH # I wanted to buy the Gold against my Euro short to spread up the trade. Short Euro/Long Gold So far we are unable on our buy order. Since Euro is being sold on every spread … Continue reading →

Gold…Trade Alert!

Posted on 06/12/2014

Buy GCQ August Gold @ 1266.