Pro Tips

SDS…Stop…Metals Position Update..

Posted on 02/29/2012

We’ll use a 15.80 stop in the SDS. We will add to this position with a close today over 16.20 We are currently Flat the metals and the miners.    

Time Frame Trading…Trade Alert!!

Posted on 02/29/2012

We’ve just seen massive pukes across a lot of asset classes to major Support zones.. The Euro, by remaining under 133.90, looks like the most vulnerable instrument.. We need confirmation late in the day below 1364 in the Spu’s, however … Continue reading →

Pattern Alert…Euro…Spu’s

Posted on 02/29/2012

EURO….a close below 133.89 puts in an ORL daily pattern SPU’s..a close below 1364.80 SPH puts in an ORL daily Pattern Gold just hit near term support @ 1720

Euro…EFA…Metals

Posted on 02/29/2012

We’ve got some interesting mid week extremes happening… Double top in the EURO on a Point & Figure shows any shorts can be managed against today’s high. Sell any rallies in the Euro!!!! EFA..should be monitored for cracks in the … Continue reading →

A.M. Look 2/29/12

Posted on 02/29/2012

LTRO was a big yawn… The commodity currencies are leading the crosses this A.M. USD/CAD…a close under 99.06 USD/CAD is needed for an ORL week. ( over 100.90 H Futures). 99.29 USD/CAD ( 100.69 H Futures) is where the 50 … Continue reading →

Euro…

Posted on 02/28/2012

Most of us sold the Euro in the 134.60’s Friday. I’m writing this in an effort to remain consistent!! As you know I have a wide variety of Clients with varying styles. Some guys took 2/3rds of their money, some … Continue reading →

Midday Missive….Grains…Bonds/TLT…Silver

Posted on 02/28/2012

Futures traders can buy any weakness in the Wheat or Corn against today’s low. THESE ORDERS ARE TRADER’S DISCRETION “DRT” 30 yr. Bonds…a close below 143.01 is needed for an ORL day. The better chart to watch is the TLT. … Continue reading →

A.M. Look 2/28/12

Posted on 02/28/2012

Grains…are all following through to the upside, confirming the break out patterns from yesterday. We have chosen to play this via Long JJG ETF. Wheat and Corn look particularly good. Spu’s…and stocks in general should be firm into tomorrow’s LTRO … Continue reading →

Oil and related ETF’s

Posted on 02/27/2012

We will have no Long positions going home…

JJG…Trade Alert!

Posted on 02/27/2012

We will be starting a long position in this ETF on the close today.