Pro Tips

EURO…Trade Alert!!!

Posted on 04/05/2012

We are buying another 30% of our short Euro position in by 10:30 CDT. This is London’s close. We are looking for the end of this capital flow ( London’s Close) to lock in some more profits. We have been … Continue reading →

A.M. Look 4/5/12 w/Euro Trade Alert!!

Posted on 04/05/2012

Welcome to this months episode of Full Moon Trading… Today into tomorrow will be important. Friday, the only ones able to trade the unemployment data will be Futures Traders. Both European & U.S Equity markets will be closed at the … Continue reading →

AUD/USD…Trade Alert!!!

Posted on 04/04/2012

CASH & Futures Traders We’re Selling the Aussie @ the market. This is a starter position of 25%. The Risk is 80 points!!!!    Trade size according to your risk tolerances. We’re looking for 2-300 points if we are correct. We … Continue reading →

Euro Stop…Trade Alert!

Posted on 04/04/2012

We sold the Euro right here @ 131.36. We’re using an all session stop “GTC” of 131.66. If we get stopped out we will look to sell another rally. In general, we favor the long side of the dollar with … Continue reading →

SDS…Pattern Alert

Posted on 04/04/2012

A close tomorrow over 15.44 puts in an ORH week. We would view this as confirming a top in the indices. Sell rallies the rest of the day in the equity indices..NASD 2750 is the level to manage your shorts. … Continue reading →

EURO…QID…Trade Alert!!!

Posted on 04/04/2012

SELL the EURO @ the market using a 30 point stop. BUY 1/2 position back in the QID…”Long QID=Short Nasd”    

Silver…EFA…Weekly Pattern Alert

Posted on 04/04/2012

Silver… weekly stops reside below 31.62. A weekly close below this level puts in an ORL pattern which can be price negative. The jobs data Friday will be important for the metals. EFA…a close below 53.97 puts in an ORL … Continue reading →

A.M. Look 4/4/12

Posted on 04/04/2012

Currencies… Euro…131.50 is the downside pivot, only sustained and closing action through this zone will lead to more downside. AUD/USD…102.64 is support. The downside pivot is 102.00 same as above. USD/JPY…needs sustained price action under 82.00 USD/JPY ( over 122 … Continue reading →

30 Yr. Bonds

Posted on 04/03/2012

138.27-139.00 will be key over the next couple of days. This area represents the intersection of the 200 day and 18 day mvg averages. Sustained and closing action , above this level is needed for more upside. Keep this on … Continue reading →

A.M. Look 4/3/12

Posted on 04/03/2012

It would seem that everyone has gone “all in” with the rise in risk assets yesterday. We were stopped out of our Short Nasd/ Long QID. We’re now in observation mode. OIL…went from support, to big resistance in one session. … Continue reading →