Pro Tips

TBT

We’ll hang with this into tomorrow

#’s that matter the rest of the day…TBT Update

Spu’s…1404.25 Nasd…2759 OIL…96.36 Midcap…96820 These are the closing levels needed for ORL’s Sustained price action below the 18 day in the Spu’s “1397 ish” should tgt 1378-80 TBT….We put on a partial long earlier in the day, however we are … Continue reading

Spu’s

1397 +- One is the 18 day mvg avg. This is not a place to press shorts the first time down.

AUD/JPY…Weekly Chart

Copper…Monthly Continuation

We thought we’d revisit this chart.. Copper is approaching a 30% retrace on the year…I.E. resistance…

30 Yr. Bonds…TBT Trade Alert!

We’ve got the lower level of the resistance area we were looking for @ 148.16, which is the lower end of a major pivot area Many of you have had this trade on..Long TBT We’re officially adding this to our … Continue reading

Euro/Metals…Trade Alert!

The metals are firm and we’ve paid for our trade. We’re going use this area to sell the Euro against our remaining long metals. In essence, we are legging the spread. If the Euro closes much over 126 we’ll take … Continue reading

Gold…Globex Point & Figure Chart

A.M. Look 8/23/12

Silver…it’s sitting on it’s second tgt and the 200 day. AGQ…49.40 is the 200 day and first yearly Fib resistance 30 yr. Bonds…148.16-149.07 is the level we’ve been eying for a week to sell the 30. This level matches Fib … Continue reading

Position Reminder…Gold/GLD

The metals have reached their initial tgt’s. to lighten up on your positions and pay for your trades. We will be raising our stops on the remainder of these positions to break even.