Pro Tips

GLD

Posted on 05/05/2011

Use a 146.20 stop on the GLD intra day for that side of the spread. We’re Short Aussie/ Long Gold. This means we are just staying short the Aussie ( Long U.S. Dollars) if we get stopped on the Gold … Continue reading →

Metals…S&P 500 Futures…Spu

Posted on 05/05/2011

We’re long Gold and Silver Etf’s ( GLD & SLV) against our short Aussie. I would need to see the Silver back above 38.25 in the futures to hold onto this leg. There is massive selling of the Euro and … Continue reading →

A.M. Look 5/5/11

Posted on 05/05/2011

Yesterday we nibbled on some Gold and Silver ETF’s.. Ouch! It’s painful to be early! The pain is only mitigated by the Short Aussie we hold against them.Silver needs to show some kind of a reversal in the next couple … Continue reading →

SLV…GLD…SPU

Posted on 05/04/2011

We just got a little bigger on the long side of Gold and Silver.. The Spu and Nasd have held for now and it would not surprise us to see some strength into tomorrow before unemployment. —

AUD/USD…Aussie Dollar

Posted on 05/04/2011

Let’s take another piece of our short Aussie off at the market. Making money and booking profits is good. Use a break-even stop on the rest.

SILVER..SLV ETF

Posted on 05/04/2011

I’ve just nibbled a little at the long side here via the SlV ETF. I do not want to totally miss the zone. Professional traders..it’s your discretion down here!

Time Frame Trading

Posted on 05/04/2011

Pay attention for directional flow changes today after London’s close. My dream trade of the day would be to buy the silver (SMALL) with a very tight stop! against the 38.20 level. If you’re ever going to look for a … Continue reading →

SPU…OIL…30 Yr. Bonds

Posted on 05/04/2011

Do not press the Spu shorts here. We are at a big intra day hold # in the oil of 109.50. 124 in the 30 yr. is a big time level and will not be easily breached the first time … Continue reading →

Silver…Day Traders

Posted on 05/04/2011

This will be a wild trade today. Pay attention to your short term maps..I expect a 42.45 print. That should also serve as your upside pivot.

A.M. Look 5/4/11

Posted on 05/04/2011

I am in full wait and see mode this a.m. We would expect to see a 2 way trade today with both buyers and sellers taking their turn trying to gain directional control of the stock indices. Investors should either … Continue reading →