We’re filled on the VIX call spread @ 65 cents. The spread has gone 70 bid a couple of times. I was clearly premature not waiting for the AUD/JPY to trade closer to the stop level to enter. The spread … Continue reading
Buy a 25% position in AUD/JPY @ the market. This is Long Australian Dollars / Short Yen ( Long Dollar / Yen). We’re only going for a nibble since the stop is so far away. Conceptually, I like the trade. … Continue reading
Mid-Week Shuffle… Long AUD/JPY on a retest of the last breakout is the best looking girl in the Conga line. Anywhere down here within 30 ticks you need to give it a go.
Stocks.. Spu’s…the first set of sell stops are under 1735. Closing under 1730 will have us looking for a break. Bonds 30 yr…by holding 135 look for the Bonds to move up to test 135.27 next. Bunds…140.87 is the next … Continue reading
Stocks.. Spu’s…use 1730 as the near term pivot. Bonds 30 Yr. Bonds…support start @ 133.07-132.28. This would be a good area to buy before you sell. 135.00 is weekly closing resistance. FX… AUD/JPY….stays firm as long as it maintains above … Continue reading
Stocks.. Spu’s…closing above 1725 should give way to 1750. SSO…this ETF looks better from a technical perspective than the underlying Future. As Long as there is no close below 85.27 this should minimally see a new high. Bonds 30 yr. … Continue reading
Stocks.. GOOG…is good as long as it does not print 864 PIN…by maintaining over yesterday’s high, this tgt’s 18.46 next. FXI…38.90-39.02 is the next resistance area. Once above look for another dollar EWW…maintaining above 66 gets this moving to … Continue reading
97.47 ( App 102.59 Futures) is today’s OR # Running the stops through this level will lead to a test of 97.85 (102.19 Futures). With a little help from the Equity Indices we can hopefully get filled selling 1/2 our … Continue reading
Stocks.. Looks like most of the world has deemed Congress irrelevant, however the emerging markets look open for business. RSX (Russia), VNM (Vietnam),PIN (India) all have great chart weekly patterns. OIH & XLE are the two etf’s to keep on … Continue reading
We were stopped out of the remainder of the AUD/JPY @ 91.00 with a 90.91 low. I chose the correct stop yesterday. Serves me right for micro managing. I still like the idea of the trade. I’m friendly to the … Continue reading