Pro Tips

Aussie…Trade Alert!

Posted on 03/19/2012

We’re buying a small Long position in the Aussie @ the market. Risk is app 30-40 points. Cash needs to maintain over 105.45 ish. Game Plan… We’re looking for an initial 100 points. We will take 80% of our profit … Continue reading →

A.M. Look 3/19/12

Posted on 03/19/2012

We are in wait and see mode early. Today, Currency futures expire @ 9:15 CDT. 30 yr Bonds (H)…138.16 is the 200 day ( early resistance). We’re looking for these to have a rally this week, but Wednesday could be … Continue reading →

XCO…Trade Alert!!!

Posted on 03/16/2012

Yesterday EXCO resources put in an ORH day. This is a cheap look against 7 dollars. Put this on your buy list, on weakness. 7.67 is the 50 day mvg avg. This could easily test 8.15.  

Yen ( Pit)…Pattern Alert

Posted on 03/16/2012

A close over 120.23 puts in an ORH. App ( 83.17 USD/JPY) Sustained Price Action over this level will lead to a test of 121 for a start. ( app 82.65 USD/JPY) Caveat….The cash and all session futures charts DO … Continue reading →

30 Yr. Bonds & Bund Pattern Alert

Posted on 03/16/2012

There is a potential daily double bottom in the 30 Yr. bonds @ today’s low, however we would need to see a close over 138 (H) and new price action above 138.14 (H) to confirm a low. Violation of the … Continue reading →

A.M. Look 3/16/12

Posted on 03/16/2012

At Whitewave, we follow a set of indicators that we’ve found to be reflective of future price action across a wide array of asset classes. Some of these indicators are based off of price action over the next few days. … Continue reading →

A.M Look 3/15/12

Posted on 03/15/2012

The directional moves in the currencies are tired. USD/JPY moved 8 figures is 6 weeks. This is a typical big standard deviation move before some digestion needs to take place to telegraph another move. For me, this is the one … Continue reading →

Yen…Euro Trade Alert!!

Posted on 03/14/2012

I’m looking for an 84.00 USD/JPY print ( app 118.95 ish H Futures) Yes!!!.We’re taking our money around the 130 level in Euro Today….Closing Trade. Sure, it can go farther. Monthly stops start @ 129.75 thru 129.59, which is unchanged … Continue reading →

Gold Daily Continuation Chart

Posted on 03/14/2012

Gold shows that more weakness is on a closing basis below 1626.. The horizontal level shown on the charts 1640 ish represents an area that will not be friendly to those initiating new short positions the first time down… More … Continue reading →

A.M. Look 3/14/12

Posted on 03/14/2012

Spu/Bonds… has been the game since 12/19/11. It’s been a one way ticket. This spread still has more to go. With the Downside breakout, of the 30 Yr. Bond Futures of a 5 month trading range yesterday, we’re seeing the … Continue reading →