Pro Tips

A.M. Look 2/20/13

Posted on 02/20/2013

Oil…(H) March expires today. April needs all new price action over 98.15 ish for higher. Buying strength above 97.50 is not recommended. EUR/GBP…87.70 is half way back for the past 6 years. GBP/USD…qtrly sell stops are app 152.30-15. 152.80 is … Continue reading →

Spu’s…Trade Alert!

Posted on 02/19/2013

Remaining and closing above 1519 is positive. Sustained price action below 1515 is needed for this to show any signs of weakness. My thought process was that if it were to give up the ghost it would happen over the … Continue reading →

A.M. Look 2/19/13

Posted on 02/19/2013

Oil…by maintaining below 95.70 (H) we’re looking for 93. April oil becomes front month tomorrow and the #’s will line up differently. Copper…weekly support comes in between 365-366. 360 is the key monthly level with stops below. Silver…30.66 is mvg … Continue reading →

BAC…Trade Alert!

Posted on 02/15/2013

We’re closing this trade. Sell 12/13 call spread as best you can

Spu…Trade Alert!

Posted on 02/15/2013

We’re buying the March 1500 Puts for app 11 Dollars or as best you can

Silver…Trade Alert!

Posted on 02/15/2013

We’re selling remainder of our Silver puts before London’s close. It’s been a nice trade despite us wetting our britches mid-week.

A.M. Look 2/15/13

Posted on 02/15/2013

EUR/JPY…is in major profit taking mode after USD/JPY printed the 94.16 tgt. 122.35 ish then 120.65 are the significant Fibs coming back on the year, with 120.65 the low risk buy zone. Yen Futures…108.60-70 is mvg avg resistance. A close … Continue reading →

A.M. Look 2/14/13

Posted on 02/14/2013

Euro…132.70 looks to be overextended the first time down. EUR/JPY…123.85 is mvg avg support. Only maintaining and closing below this level will lead to more profit taking in the cross. EUR/AUD…anything below 128.45 will be trap territory the first time … Continue reading →

CAT

Posted on 02/13/2013

Cat stops are under 96.11.. PLUNGERS!!! THIS IS THE ONE TO WATCH Today’s ORL # is 96.67

S&P Put Spread… Trade Update & Alert

Posted on 02/13/2013

We need to see a 1515 print in short order to stay with this trade. Since we’re off to meetings this A.M. we can’t watch. If the Spu’s don’t start moving down in the first few minutes of trading..EXIT! Only … Continue reading →