Pro Tips

Food For Thought…

Posted on 03/13/2012

The game for the next 2 weeks is going to find low risk Alpha. “Find the names where you can codify your risk ” ( Have a defined stop) and see if you can ride the capital flow trade into … Continue reading →

A.M. Look 3/13/12

Posted on 03/13/2012

Spu’s…The June (M) contract is trading at a 6 dollar discount to the front month March (H). Price action will revolve around 1377 (H). Maintaining above 1377 (H) will keep the equity indices on a firm footing. ” More Risk … Continue reading →

EWH…Hong Kong…Trade Alert!!

Posted on 03/12/2012

We’re SELLING our Long (EWH) Hong Kong @ the market.  

Currencies

Posted on 03/12/2012

Pounds…just completed a 50% re-trace on today’s low on a major swing. Aussie… is probing support Brazilian Real….182 USD/BRL ish is where all the weekly Dollar resistance comes in. Oil…back into support… This says 2 things…Do not sell weakness in … Continue reading →

AUD/USD…Aussie Technical Levels

Posted on 03/12/2012

Aussie….104.92 is the first major 3rd from the Dec. 19th low. “It’s a big swing area” Mvg avg’s today are 104.51….104.07 ( 200 day) 50% of the major swing is 103.70. The moving averages movement will be negligible over the … Continue reading →

A.M. Look 3/12/12

Posted on 03/12/2012

The markets are living in a technical world. Gold…retested it’s Friday ORH break out last night and held for now. The point & Figure charts show, by not sustaining above this area, it is vulnerable to further sell offs. It … Continue reading →

Gold…Silver…Pattern Alert

Posted on 03/09/2012

1715 is the first 30% Fib retrace from the 1793 Leap Year high. A close today over 1705 puts in an ORH day, defining a trad able low. The Silver ORH # is 34.19 for the all session (K) May contract. … Continue reading →

Euro ….Trade Alert!

Posted on 03/09/2012

EUR/USD….the 50 day comes in around 130.90. The Fibs come in again at the same area which is 130.50-60. Place your orders to close out any remaining “Short Euro” positions into this area.  

A.M. Look 3/9/12

Posted on 03/09/2012

Unenjoyment Friday…I am already dusting off my trading blindfold and mail gloves ( so I can’t click the mouse). Metals…typically a big day for direction ( usually significant highs or lows for the month). Gold would have to hold around … Continue reading →

Position Update…Spu’s…SDS

Posted on 03/08/2012

We will be closing the remainder of the above positions by the NYSE close today, if prices maintain the current levels. Watch your closing stop levels, we will not be in front of a screen to send another reminder! Closing … Continue reading →