Tag Archives: Day Traders

Gold Day Traders

Futures need to hold the 1290 level. The exit on any rally is to 1326-30 the first time up. I’m not getting married to this trade since the Equity Indices look to be heading to my lower tgt’s. around 1565 … Continue reading

Daily Game Plan…Oil

Daily Game Plan…Day Traders In lieu of a trade today, we’ll go over the story line leading up to our first Day Trade. If you understand, you see. Yesterday we did a day trade in the oil. You either made … Continue reading

Oil

Each day we will try to write one low risk set up for Day Traders. We’ve already seen the expected wiggle we were looking for in the Oil market. The first time into our # zones is the time to … Continue reading

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For the Risk off crowd….I like buying the Crude for a scalp off this 93-92.75 area with a very VERY tight stop, against short Risk assets. Professional Day Traders should look for 80 points is the level holds. 93.92 will … Continue reading

30 Yr. Bond Futures

149.15 ish is the first tgt level from Dr. Nenner matching 16 in the TBT. My swing counts come in closer to 153-154 depending on how you measure them. Spu/Bonds…a retest of 87 is possible followed by 85. Short term … Continue reading

A.M. Look 12/16/11

Today is our last scheduled update into year end. We will be leaving for client meetings in Asia, returning just before year end. A big thank you to my clientele, you still make it enjoyable to stare at the screen … Continue reading

Time Frame Trading

“Day traders” looking for a reaction trade, should be patient until London is done selling everything. IBM…180.50-181.50 is key support and a major closing pivot level for direction. AAPL …363 is the app 200 day mvg avg today. GOOG 557 … Continue reading

Euro-BTP Futures Daily Continuation…A Teaching Moment

We had some questions yesterday about the Italian Bonds. So here is your educational moment, understanding our missives and how markets work. When I awoke yesterday, this Bond had fallen off a cliff. Note the RSI reading on the bottom … Continue reading

A.M. Look 10/19/11

The levels in the S&P have not changed. 1230 then 1253 is next on top. The Dow is unchanged on the year, the Nasd is up 140 points, with 1253 being last years close in the S&P. The dips in … Continue reading

A.M. Look 8/25/11

The PAC boys and the rest of the vultures are circling Jackson Hole. This should be another day filled with something for everyone. Rumors and innuendo should keep trading lively all day. This market is a day traders paradise. Today … Continue reading