Pro Tips

Yen Crosses…Precious Metals…TLT

Posted on 02/03/2012

The currency trade is all about the yen crosses.. AUD/JPY & CAD/JPY…look to buy as part of a Risk on bias on any 8-10 handle pull back in the Spu’s…. EURO/GOLD is starting to move…short Euro/Long Gold.. Longer term Holders … Continue reading →

A.M. Look 2/3/12

Posted on 02/03/2012

It’s another un enjoyment Friday. This day has been a non event for a long time with the exception of the metals. The first Friday has typically shown a significant high or low for the next few weeks in Gold … Continue reading →

Position Update…OIL

Posted on 02/02/2012

……………..Stop Close      Profit Points Long TLT     116.50                 121.70 Long XLE     70.40                   80 Long NEM    59.80   … Continue reading →

Position Action Alert

Posted on 02/02/2012

We’re buying DE with an 85.90 closing stop. AUD/USD..short term traders can be long Aussie against today’s low. COP is headed to the 200 day @ 70.50. Some of you have already started positions here. We will write a stop … Continue reading →

A.M. Look 2/2/12

Posted on 02/02/2012

This market remains a stock pickers paradise. The dating process has found the partners remain somewhat fickle. Good on the first date, not so good the next… The stock rotation makes it tough, with most instruments being an Island unto … Continue reading →

Position Update…General Comments

Posted on 02/01/2012

Many of you have lightened up your exposure. TLT…Longs were originally paid for by selling partial positions just over 120 on Monday. We’ll adjust the stop on the remainder in the A.M. MCP…You should have no position left. We originally … Continue reading →

AUD/JPY…Pattern Alert

Posted on 02/01/2012

Risk On Barometer 81.80 was last weeks close. A close today over 81.60 puts in an ORH day. This would be a price positive pattern..  

MCP

Posted on 02/01/2012

This is currently trading up 8.5 % in pre market. Good place to pay for your trades….  

A.M. Look 2/1/12

Posted on 02/01/2012

General Execution Note… Most of you are at your screens for the first few minutes of trading everyday, regardless of your day job. When an instrument is up 5% just after the opening, and 10% in a couple of trading … Continue reading →

A Few Possible ORL…Patterns

Posted on 01/31/2012

It’s gonna be an interesting end of day game. OIL (CLH12)…98.43 3M….86.42 DE….86.34 XLI…36 Silver..33.03 Platinum…1601 GS…Hit tgt of 112.50 The stock rotation has been prolific again today…let’s see who wins