Tags
30 year Bond Futures AAPL AMZN AUD/JPY Aud/Usd aussie Bund CME Group Futures Copper Crude Oil Dax DJI EUR/AUD EUR/JPY Euro FB Forex Markets GBP/USD Gold GOOGL Grains IBB jjg NASDAQ 100 Futures NATGAS NFLX Nikkei Oil Risk On Trades S&P 500 Futures Silver SMH Soybeans Spu Spu/Bonds Stock Indices tbt Technical Trading TLT Trade Alert USD/CAD usd/jpy VIX Yen Yra Harris
Pro Tips
Risk On / Risk Off
The bots ( computers) are in control! Yesterday we missed the short side on the stocks. We’d like to put some out against yesterday’s high of 1352. Our current positions will be as follows: Short S&P 500/ Long 30 year Bonds futures, Long … Continue reading
JJG ETF
49.40 is the 200 day mvg avg in the JJG. We might not get into the better Fib zones which are lower. This trade could be a few weeks early but we have been waiting an awful long time to see … Continue reading
Silver…Gold…SLV ETF
This is the type of price action I like to see if I am on a fishing expedition. Today I am fishing for Silver. I want to buy a little of the SLV ETF.Why, because it just put in a new … Continue reading
A.M. Look 5/12/11
For day-traders it will be another opportunity filled day ( pick your poison and your level wisely). Yesterday we bought the 30 year bonds with a 6 tick stop which we thought at the time was the lowest risk side … Continue reading
Living in a Computer Driven World
Did I hear somebody say Flash Crash? Zero liquidity meltdowns driven by computer #1 ( we’ll name Randolf Duke) signaling computer #2 ( we’ll name Mortimer Duke) to sell! sell!!!! Sell Mortimer Sell!!!! This is the world we now live. I guess all … Continue reading
USD/NOK..Norwegian Krona…USD/SEK..Sweden Krona
Last week the Nok put in an outside reversal week to the upside which is indicative of a stronger U.S. Dollar and weaker OIL. Today we are seeing an attempt at an outside reversal day to the upside as well after … Continue reading
JJG ETF..Pattern Alert…Commodities…Metals…Risk Off
50.56 represents a double bottom on the weekly charts in the JJG ETF. If this level is given we expect to see 48.60 for a start. This is a price action look. You have to ask yourself if the destruction … Continue reading
Cheap Look 30 Yr. Bonds Futures…Copper
Let’s buy some 30 yr. futures with a stop below today’s low. If the stocks and dollar continue to get hit this will be a low risk trade. Risk off… The 1st Cooper tgt is around 389. Thy pattern shows … Continue reading
A.M. Look 5/11/11
The big game in town this week continues to be the shorting of the Euro against the metals and the commodity currencies. Day traders should pay particular attention to this SPREAD as legs get lifted at technical levels.(the metals being … Continue reading
A.M. Look 5/10/11
The bargain hunting continues after last weeks sell off. We now have no current positions. Our trailing stop in the Aussie Dollar was elected on the close yesterday. Silver resistance is 39.75-40.00 dollars ( a 30% bounce off the recent low). 1520 … Continue reading