Pro Tips

Midday Missive W/Trade Alert

Posted on 10/24/2013

TBT…BUY @ 70.60 GTC 30 Yr. Sell @ 136.27 GTC Keep your eye on the 30 yr. The  high was 3 ticks from the Semi- Annual close @ 135.27 “resistance and the first tgt for this move”. The TBT shows … Continue reading →

AUD/JPY…Trade Alert!

Posted on 10/24/2013

We’re getting no love from this trade. Closing Trade EUR/AUD…is having an adverse effect on the Aussie. Sell AUD/JPY @ the market..93.46 is last

Oh Canada

Posted on 10/24/2013

USD/CAD…is attempting an ORH week with a close over 103.87. This is an ORL for Futures traders with a close under 96.09. Sell stops are resting at 95.81 December Futures. I’m presently not convinced it’s going anywhere, however this is … Continue reading →

A.M. Look 10/24/13

Posted on 10/24/2013

Stocks.. GOOG…the next upside tgt is 1050 ish. NFLX…closing above 336 is price positive. Bonds FX… AUD/JPY…94.02 is the upside pivot.   AUD/USD…needs sustained price action above 96.45-53 and a close above 96.75 to negate yesterday’s chart pattern GBP/USD…as long … Continue reading →

Midday Missive

Posted on 10/23/2013

We’re filled on the VIX call spread @ 65 cents. The spread has gone 70 bid a couple of times. I was clearly premature not waiting for the AUD/JPY to trade closer to the stop level to enter. The spread … Continue reading →

VIX…Closing Trade Alert!

Posted on 10/23/2013

We’re Long the 14/16 call spread. 14.40 is the 200 day mvg avg in the Vix. Place an order to take profits in the trade @ 65 cents.

AUD/JPY…Trade Alert!

Posted on 10/23/2013

Buy a 25% position in  AUD/JPY @ the market. This is Long Australian Dollars / Short Yen ( Long Dollar / Yen). We’re only going for a nibble since the stop is so far away. Conceptually, I like the trade. … Continue reading →

AUD/JPY

Posted on 10/23/2013

Mid-Week Shuffle… Long AUD/JPY on a retest of the last breakout is the best looking girl in the Conga line. Anywhere down here within 30 ticks you need to give it a go.

A.M. Look 10/23/13

Posted on 10/23/2013

Stocks.. Spu’s…the first set of sell stops are under 1735. Closing under 1730 will have us looking for a break. Bonds 30 yr…by holding 135 look for the Bonds to move up to test 135.27 next. Bunds…140.87 is the next … Continue reading →

ORL’s & Stop Adjustments

Posted on 10/22/2013

NASD 100…resting sell stops are @ 3342 the ORL#. SPU…1735 is the ORL# NFLX…needs to maintain above 336 close to see this as nothing more than a retest after hitting a major upside tgt @ 390. IBM…Raise the trailing stop … Continue reading →