Pro Tips

EUR/CHF…USD/CHF…Swiss Franc

Posted on 09/20/2011

Re-Post From 9/6/11 Obviously last night the Swiss screwed the most amount of traders it could. Let’s take a step back and see what this cross really has to do to change course.122 is unchanged on the qtr.( last night’s … Continue reading →

A.M. Look 9/20/11

Posted on 09/20/2011

Yesterday’s close had us tightening up our overall risk in our portfolio. Sometimes it’s just better to clean house and remain with what’s working the best. We trade to make money not to be right! I know everyone is chomping at the … Continue reading →

TBT…30 Yr. Bond Futures…Stops

Posted on 09/19/2011

Long term investors should stay Long their remaining TBT with a stop below today’s low of 21.66. Why..The front month point & figure chart has a beautiful head & Shoulders pattern.. We will wait for this pattern to be violated before … Continue reading →

A.M. Look 9/19/11

Posted on 09/19/2011

The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading →

Single Instrument Stops

Posted on 09/16/2011

Presently there is definitely little confidence that Europe can get it’s act together over the weekend. This is evidenced by the lack of follow through in the S&P failing to assault the unchanged level on the month. Like I said … Continue reading →

30 Yr. Bond Futures…TBT

Posted on 09/16/2011

Presently we are within 10 ticks of where we originally paid for our Short Bond position. This means we sold part of our TBT longs right around this 23.25 level. End of day order…Day-Traders can lead off any way they like. Pay … Continue reading →

A.M. Look 9/16/11

Posted on 09/16/2011

It’s going to be a long day and my interest lies with the end of day trade. “Where we close”. Yesterday saw us cut our “Risk On Book” by 50%. WHY? Caution, and as one of my friends always preaches..” … Continue reading →

Single Stocks

Posted on 09/15/2011

Let’s take another 25% of our Longs off. Raise all stops to just below unchanged on the day. “meaning yesterday’s close” What’s sticking in my craw today is the Euro attempt at the Trend line breakout of 139.50..We just missed … Continue reading →

Single Stocks

Posted on 09/15/2011

Let’s use this strength to sell 25% of our individual Longs out to pay for our stops @ the market. Long OXY Long 3M Long BHP Long FXI Long IBM Or anything else you picked up!  

Single Stocks…General game plan…GBP/JPY

Posted on 09/15/2011

Our whole portfolio is skewed Long Equities. This is one big reason we took a small short in the Euro. The dollar has been seeing inflows as the world equity markets have sold off. The better level to sell the … Continue reading →