Pro Tips

A.M. Look 3/6/12

Posted on 03/06/2012

We finally got a Risk off board after 50 + days of straight up! Spu’s..1350.25/stops below, “1343 ish-1339” This is where we want to pay for this trade by taking some profits! SDS trades are done off the Futures levels. … Continue reading →

SDS…Bear Stance…Short S&P 500 Index

Posted on 03/05/2012

As of the close today, we’ll officially be short the S&P 500 with closes at present levels or lower. IF YOU GET ANY TYPE OF A RALLY LATER TODAY, YOU SHOULD TAKE THE OPPORTUNITY TO SELL SOME SPU’S AROUND 1363-4, … Continue reading →

A.M. Look 3/5/12

Posted on 03/05/2012

The world is in profit taking mode since Lunch time in Asia last night. Yen…AUD/JPY..EUR/JPY..CAD/JPY..GBP/JPY.. crosses was where the action was last night. Yen Futures put in a double bottom pattern on a weekly chart right out of the gate, … Continue reading →

Euro…

Posted on 03/02/2012

Anywhere in the high 131’s is a good place to lighten up. A close today under 131.45 puts in a reversal week to the downside. 130.50 is as much as we’re looking for on this swing down.  

A.M. Look 3/2/12

Posted on 03/02/2012

Stock Indices…are the tail end of the dog. The trade is terrible with the same grinding action. We have a weekly swan dive that is short lived. The opportunity is in the underlying instruments. Seemingly, everyday the dance partners change … Continue reading →

Price Action…

Posted on 03/01/2012

Pain at the Pump… I am using new highs from the 9 A.M. # ( 1274 SPU) to close out our Long SDS position… 107.90 (AUD/USD) 107.70 H Futures for trailing stops the rest of the day EURO…The low is … Continue reading →

A.M. Look 3/1/12

Posted on 03/01/2012

This portfolio is about as Risk Off as I get. Time will tell whether the patterns are true, or if we were just subjected to another 1 day wonder. In general, it takes a couple of days to change direction, … Continue reading →

Aussie…Trade Alert!

Posted on 02/29/2012

We are selling the Aussie short on a close below 107.30 @ 4 P.M.EST Start selling some Now @ the Market..

Spu’s…Portfolio Insurance…Euro

Posted on 02/29/2012

The Good news is I haven’t let myself get sucked into selling a break with the Europeans for the past 80 handles in the S&P. The bad news is that I did it today, and I did it Via the … Continue reading →

Grain Stops…Pattern Alert

Posted on 02/29/2012

We’ve got some descent gains in this sector we want to protect… We’re raising our JJG stop to “46 Stop Close”. AUD/USD…a close today under 107.30 AUD/USD (107.05 H Futures) is needed for an ORL day. This would be a … Continue reading →