Pro Tips

AUD/USD…EUR/AUD…EUR/JPY

Posted on 11/21/2013

AUD/USD…anything down into 92.00 is a cover zone for shorts the first time down. EUR/AUD…145.74-146.00 is the directional trap the first time up. This cross just elected the monthly ORH buy stops above 145.54. This is a monthly level. Keep … Continue reading →

A.M. Look 11/21/13

Posted on 11/21/2013

Stocks.. Spu’s…need to sustain over 1788 to get the bears to stop selling rallies Both the Nasd & Spu’s are still holding. Nikkei…is the Bourse that everyone has in their sights. Bonds 30 yr. Bonds…sell 1 point rallies   FX… … Continue reading →

Midday Missive

Posted on 11/20/2013

The Bond weakness is still not translating into an Equity Index sell off. Both the Spu’s &  Nasd are holding. This will be a late day game in the Indices to see if we can get the start of a … Continue reading →

A.M. Look 11/20/13

Posted on 11/20/2013

Stocks.. Spu’s…price action under 1782 initially tgt’s 1767-8. SSO…94.20-93.85 is support. A close under 93.40 is needed for a good sell off. Nasd 100…3370 is support. Maintaining under this levels leaves way for another 35 points. Sell stops are under … Continue reading →

A.M. Look 11/19/13

Posted on 11/19/2013

Stocks.. Vix..sustaining above yesterday’s high of 13.10 should have this taking another run at the 200 day @ 14.40. TBT…75.20 holds or it doesn’t. Closing below 74.80 will lead to a test of the low 71’s. Bonds 30 yr. Bonds…133.15 … Continue reading →

DXJ…Trade Alert!

Posted on 11/18/2013

Sell DXJ @ Market On Close. We’re taking our chips off the table. Even if we don’t put in an ORL pattern it doesn’t mean we can’t back off into mid-week.

Full Moon Trading…SSO Trade Alert!

Posted on 11/18/2013

Sell the remaining SSO @ 96 Stop Close Only.. A close below 96 in the SSO and below 1786.50 puts in an ORL day and and a market top. If this looks to get elected we’re selling the remaining DXJ … Continue reading →

SSO Trade Follow Up..W/Emerging Markets

Posted on 11/18/2013

I’m not going to fool around with giving hard earned profits back this time of the year. We’ve made our year and it’s time to be conservative. Any print in the Spu’s near 1820 or 100 in the SSO will … Continue reading →

TBT & DXJ…Trade Alert!

Posted on 11/18/2013

Sell 1/2 the DXJ @ the market!!Sell all the TBT @ the market!!! We put on a token TBT Long on last week. This is not happening.

SSO Trade Alert!

Posted on 11/18/2013

The Equity side of the Spu/Bond spread is obviously leading. Spu’s are getting up to 1800 in the futures, which is another psychological hurdle. We have an 1820 tgt in the Spu’s. We’re going to honor the level and take … Continue reading →