Tag Archives: Risk On Trades
A.M. Look 1/10/12
Spu’s…Mid Oct was the last time we saw these levels in the index. 1288-89 was the old high with 2408 in the Nasd. We were looking to get out of our longs around the 1319-25 level on that swing, which … Continue reading
Risk Commodities, Risk Management A.M. Look 1/3/12
We are in the ” Trading what’s in front of us business” and translating that into returns. So we’ll just let the board unfold and do the same things that made us successful last year and the prior 37 years. … 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
A.M. Look 12/13/11
So far the Spu’s held right where they needed to @ 1221.50 for another bounce. Confirmation of the level was given by the commensurate matching levels in the Aussie, AUD/JPY, EURO and OIL all holding macro support levels yesterday into … Continue reading
A.M. Look 12/2/11
It’s good news week. It will be a price action trade for those playing. SPU…1251 will need to hold the first break “during the Pit Session” and then stay above to maintain strength throughout the day. 1262-66 shows early resistance. … Continue reading
SPU/BONDS
SPU/BONDS at a tough level! Crunch time for the spread…this is a pivotal spot for 2 figures either way. Pay attention to your time frames. Do not reach for trades.
AUD/JPY
This is a Risk On tell! 80.22-44 is a very good spot to match up with any contra trend trading in the Spu’s for the rest of the day.
EURO…SPU
Euro…135.25 is near term resistance. Stops are resting over 135.70 which would tgt 136.10-20. SPU…1235 was a descent place to take a rest. Trade your time frames.
CAT
92.10- 93.15 is the zone that will be tough for any new longs. Only a close over 93.35 will lead to new upside momentum.
SDS…S&P 500 Futures…Timing
21.72-21.33 corresponds to the Futures level in the S&P 500 of 1197.50-1206.50. You’ve got an hour left in this capital flow. Then, short term guys can start looking for possible contra-directional moves in the equity indices.