Tag Archives: GDXJ
Trailing Stops…S&P 500 Futures,SDS,GDXJ
As long as the Spu’s close lower on the week we will stay with our remaining small core short. ( Below 1171..SPU). SDS…here again you should be out of 70% of your Longs. Stay with the remaining piece based off … Continue reading
A.M. Look 9/6/11
There is a reason we mainly trade futures and not ETF’s. The last 2 days should make it very clear. The SNB reversed the world currency flows off the support levels put out yesterday a.m. in the weekend special.. SPU/BONDS…This spread … Continue reading
A.M. Look 9/2/11
SPU….We Want to pay for our shorts right in here by buying 30% of the our S&P 500 Futures right here @ the market! ” 1189.50 -11779.25″ is the key zone. SDS traders sell 30 % of your longs at … Continue reading
GDXJ…Junior Miners
We’re long this instrument. It put in a daily double top yesterday just above the 200 Day Mvg Avg of 37.50. Take profit on 50 % of your position. Raise your trailing stop to 35.20 on the rest.
A.M. Look 8/29/11
The board has a decidedly “Risk On” bent this A.M. Let’s see if this can continue for a couple of days. EUR/CHF & USD/CHF are key features of last night’s movement. Suisse has just retested Friday’s low of 122.64 Futures ( 81.58 … Continue reading
Risk On?…GDXJ
Looks like the S&P wants to show us the 1170’s today. Buy the GDXJ @ the market with a 34.30 stop.
GDXJ…Pattern Alert
Classic charting 101!!!! This is the 3rd gap higher…if you’re involved with the miners…BOOK SOME MONEY!!!!!!!!!!!
A.M. Look 7/1/11
The Aussie ,Canada,Suisse and EUR/CHF are all in play today. Please refer to the recap levels yesterday. 122.96 EUR/CHF should be a difficult level. The straight Suisse futures are attempting to put in an outside reversal week, however the USD/CHF … Continue reading
A.M. Look 6/30/11
Today is month and Qtr’s end. Expect late day window dressing. Time Frame trading…a whole new game can start after 4 P.M. EST today into tomorrow. Read Yra!…Low rates = the yield chase continues These currency levels are from yesterday,they … Continue reading
A.M.Look 6/27/11
There is a huge end game setting up for the end of the qtr. ( Thursday’s close). Last night’s lows in the equity indices are key levels to watch if the indices are to hold. We will be in wait … Continue reading