Pro Tips

#’s that matter

Posted on 09/23/2011

I’m putting these levels out just in case it gets really nuts today. In a world where every trade is the same trade being prepared is key. Aussie…macro stops are 95.40 cash. 93.80-94 is the next significant level down. Euro..133.85 is … Continue reading →

A.M. Look 9/23/11

Posted on 09/23/2011

Silver is taking out the long term monthly stops, 32.25 ish is the next Fib Support. Then you should look for 29. Spu..There are some monthly moving avg lines coming in just over 1100 where we rallied from yesterday. Once through it’s … Continue reading →

VIX Quarterly Chart

Posted on 09/22/2011

  Here is a side indicator to keep an eye on. This is a quarterly look at the Vix..   48 ish is the Top   1/2 way back from the 2008 crash low is app 51.85

SPU…GOLD

Posted on 09/22/2011

You have a double top on the point & figure charts at 1134..This level is now you’re trailing stop for shorts. The dummy swing, for the downside, in the Spu from here is the 1050 area. “All new weakness is … Continue reading →

A.M. Look 9/22/11

Posted on 09/22/2011

Euro…134.25 is the first major fib. Aussie…98.00 is the first monthly level of any significance. USD/CHF…The mid to high 93’s will be the first big area..108 ish in the Futures looks tough the first time in. In short we’ve just … Continue reading →

GBP/JPY

Posted on 09/21/2011

On a day of many possible extremes… GBP/JPY 118.89 is the 2009 low. We’re very close. Monitor this level for possible reversals after the Fed Meeting.  

A.M. Look 9/21/11

Posted on 09/21/2011

We’re down to one small position. We’ve taken our money and it’s time to be patient. If you want a little food for thought about today’s Fed meeting …read Yra..http://yrah53.wordpress.com/2011/09/20/awaiting/ Today will be a big day on a lot different levels. I … Continue reading →

IBM

Posted on 09/20/2011

Let’s take our profits and run! Sell Long IBM positions at the market.  

Swiss Franc Futures…EUR/CHF…USD/CHF

Posted on 09/20/2011

Shown here is the Swiss Futures. USD/CHF looks the same. The Suisse is attempting an outside reversal day lower with a close under the 200 Day Mvg Avg. ” app 113.60 (Z)”. “88.20 USD/CHF”, which is right where it opened … Continue reading →

IBM… Pattern Alert…TBT

Posted on 09/20/2011

IBM just put in a double top on the daily charts @ 173.88. We need to see all new action over this level for upside follow through. A close today under 173 will have us exit this Long position. Sell IBM on … Continue reading →