Tag Archives: Risk On Trades
OXY…SSO
We’re going to buy OXY at the market with an intra-day stop of 84.60. I like the energy sector.. We’ll also try a long in SSO with an intra-day stop of 43.90 Futures traders…that’s a new low in the SPU. … Continue reading
FXI…EWZ…STOPS
In a world where every trade is the same, we will use closing stops in these country ETF’s, which are conditional on where the U.S. closes. These country ETF’s are up huge from the lows. We will exit these longs if … Continue reading
Day Traders…AAPL
The SPU levels are not unknown. 1215… This # represents 50% of the year. We’re smack dab in the middle of the yearly range. Closing below 1205 +- 2 points is price negative the indices. This is the lowest risk … Continue reading
A.M. Look 10/17/11
It looks like reality is setting in on this equity rally. The first chink in the Armour was AUD/JPY last night off the 80.00 level. That completed an 8 figure move off the last lows ( an average standard deviation … Continue reading
FXI…China
I am buying the FXI at the market with a 33.70 stop. This is an addition to our Risk On profile.
EWZ….Brazil…Risk Parameters
The average entry ( Buy…Go Long Brazil) was app 56.60.. Many got in around 56.20 when the trade recommendation went out. The original stop was 55.40 intra-day… Raise your stop level to your “entry level” on a “closing basis.” If … Continue reading
Crude Oil…Dec Point & Figure
84 looks to be a big pivot on this chart going into the EIA Petroleum report at 11 EST. Every trade is the same trade….weakness here should translate into further weakness in the equity indices. Watch for market tone…
A.M. Look 10/13/11
We finally got a pullback in the equities, which is necessary for more upside. Instruments rarely go in a straight line with out some sort of relief. Now the question becomes, “is this enough of a correction or are will … Continue reading
Price Action
The long S&P short Bond spread ( SPU/BOND) is tired on the daily charts . AAPL has put in a good high for today. AAPL looks to want to re-trace to 388.50. If AAPL starts lower after 2:30 central, you … Continue reading