The whole board is about being LONG Stocks/Short Bond Futures To that end, buy some TBT equal to the amount of Long Stock exposure you have. This way you have on the spread. This is a Risk On Trade.
We have taken off 25% of this trade off. Sell another 25% of your Long FXC near Dr. Nenner’s Tgt of 93.50 USD/CAD ( app 106.75 ish Futures) Raise your stop to break-even.
The best of the good news is out. Is this the high for a big sell off again or not? 1315 seems the lowest risk level for short term traders to try a long ( or minimally, not press shorts) … Continue reading
Matching up the pieces of the puzzle. 82.75-90 USD/CHF will be dollar resistance the first time in. This is app 120.60-70 ish in the Futures. This level should match up fairly well with the Gold around 1575. Any short term … Continue reading
The game plan for the equity indices is to sell remaining long positions this A.M., on strength the first time up into the mid to high 1340’s based off the Spu. Take your money and wait. AUD/USD…107.70-90 ( app 106.70-80 … Continue reading
97.13 was the outside reversal close in the oil. All new closing strength over 97.13 is needed for more upside. It does not have to go any higher for now. Tighten up all remaining long (RISK ON) parameters across all … Continue reading
As of now, last nights low in the Futures and the Cash should be quite telling for the whole “Risk On” scenario. If the stocks hold early short term traders will have less risk buying the Aussie on a dip … Continue reading
Today our Time focus will be the first half hour of NYSE trading. We are particularly interested to see if there will be any residual buying left over from last week. You should have already paid for your stops in … Continue reading
GLD & SLV Etf’s.. Admittedly I got stubborn with this trade! Definitely the worst trade I’ve had in the past 3 years. I hate taking a great trade in the equity indices and turning it into nothing someplace else. If … Continue reading