Pro Tips

Making the Most of A.M. Look

Posted on 01/24/2012

Utilization…Playing the lotto with Tgt’s…the more the merrier. Early yesterday we were focused on the Equity/Bond spreads both here and in Europe. In the first half hour of NYSE trading we saw tgt levels get hit in the SPU,30 Yr … Continue reading →

Positions…Pattern Alert SPU

Posted on 01/23/2012

You should now have enough Long SDS to totally cover any long exposure. The stop in the S&P 500 Futures is a new high. All other instruments ….stops should be raised… MOO…50.90 XLE… 71.30 X …27.90 Note the above stops … Continue reading →

SPU/BONDS

Posted on 01/23/2012

The smooth blue line above is the 200 day Mvg Avg  

Day Traders…SPU/BONDS

Posted on 01/23/2012

Now that we’re trading at the SPU tgt level I was looking for in Nov. “1319” area, We’re going to buy a little portfolio insurance against our remaining long exposure. Buy the SDS/ Short the S&P 500 @ the market! … Continue reading →

A.M. Look 1/23/12

Posted on 01/23/2012

The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading →

Aussie…FXA

Posted on 01/20/2012

Wonders never cease! We’re filled on selling our long FXA which over ran the straight cash level by 20 ticks. Those of you in the futures ( 104.30 H ) or cash 104.85-95 AUD/USD..take your money any where near these levels.

Stops

Posted on 01/20/2012

MOO…49.95 Stop Close XLE…..70.40 stop Close DIG… OCO “One cancels the other” sell @ 47.40 or 46.15 stop FXA…OCO…sell @ 104.85 or 103.75 stop OCO orders are designed to take profits at a desired level while leaving a trailing protective … Continue reading →

A.M. Look 1/20/12

Posted on 01/20/2012

ORH…Outside Reversal Higher…price positive pattern SLB…71.45 BTU…37.55 HAL…36.71..(shows a double top and a double bottom on the weekly…whichever way it breaks out) Euro…128.81 EUR/JPY…98.85 TBT…19.28 ORL…Outside Reversal Lower…price negative pattern 30 yr…. 142.01 Bund…138.43 TLT….117.68 ( this has a weekly … Continue reading →

Yen Crosses

Posted on 01/19/2012

They are in play…should have read Yra Harris ( http://Yrah53.wordpress.com) with both eyes open last night! EUR.JPY is attempting an ORH week with a close tomorrow over 98.85 GBP/JPY …a reversal higher week AUD/JPY…this looks good as well with 80.56 … Continue reading →

The Running of the Lemmings

Posted on 01/19/2012

Many instruments such as AAPL, GS ect have hit their short term upside target’s or elected the Buy stops over recent highs. Now the metal of the market will be tested. Can the breaks hold? 426.30 AAPL, 622 Goog are … Continue reading →