Pro Tips

XLE…Trade Alert!!

Posted on 03/28/2012

The spreader is coming out again.. We’re BUYING the XLE @ the market!!! This should be viewed as a spread against our Long Bonds.. Trade size accordingly.. The stop is just below today’s low!  

The Lemmings are Running!

Posted on 03/28/2012

The Lemmings all found the sell button at the same time. Are the highs good enough for a big market top? Yes, close enough in the Nasd with the S&P 500 Futures completing their swing count yesterday @ the 1420 level. All … Continue reading →

Nasd 100 Futures Pattern Alert

Posted on 03/28/2012

2775 is the # that matters for the rest of the day. As long as we hold it the Nasd will remain firm. Only sustained price action and a close below 2775 would lead to profit taking. A close below would put … Continue reading →

Platinum Point & Figure 25×3

Posted on 03/28/2012

1629.50 is a key support level. This area was a big hold the first time down.. Keep it on your Radar for further price action…

A.M. Look 3/28/12

Posted on 03/28/2012

AUD/JPY…just tried unchanged on the week @ 86.22 and held. AUD/USD…is flirting with it’s 200 day @ 104.07….Both of these instruments have to sustain under the overnight lows for more Risk Off. Euro…show me something over 134 or under 133 … Continue reading →

30 yr. Stop Order…Trade Alert

Posted on 03/27/2012

Our entry level was…app 137.22-24 (M). We’re placing a futures stop just below this # set on an all session basis GTC ( Good Till Canceled). This means you should have an OCO ( One Cancels the Other) order working … Continue reading →

Long…30 Yr. Bonds/TLT

Posted on 03/27/2012

We’re going to be looking to add more to this position later in the day. The point & figure shows 139.16-20 (M) Futures as resistance. This is our 1st tgt area for this wiggle, which should take a couple of … Continue reading →

The Usual Suspects

Posted on 03/27/2012

USD/JPY…83.50 ( app 119.70-80 M Futures) becomes the key closing pivot for more Dollar upside vs. the Yen. XLE…is a good alternative to trading the Oil Futures…If you’re bullish the Oil we’d use a 72.20 intra day as a stop. … Continue reading →

30 yr. Bonds…TLT… Trade Alert!!

Posted on 03/27/2012

We took this trade off right in this area last week. We are going to buy some of the 30 Yr Futures back right in here. This will be a partial Long. ETF traders…that’s a Long position in the TLT … Continue reading →

A.M. Look 3/27/12

Posted on 03/27/2012

Nasd 100 Futures..In the 3/2/12 A.M. Look we said, “We wouldn’t be surprised to see a 2800 Nasd”. In fact, they look to be on a mission to print 2839, a move 10 years in the making. This is a … Continue reading →