Tag Archives: sds
A.M. Look 6/17/11
I am getting that risk on feeling..Let’s keep it simple today.. Sep SPU holding above 1270 is positive…closing above 1274 and we’re doing the retraces back up. Nasd the #’s are 2200 for positive and a close above 2216, we … Continue reading
Recap
When markets are trying to top or bottom price action is generally violent. Couple that with the qtrly chart patterns in play, and it’s a game only for the professionally nimble day trading flippers. We were looking for this kind of … Continue reading
Trailing Stops S&P 500 Futures…SDS
The lows in the currencies and the Equity indices (highs in the Bonds) are good for now.. Let’s use a 1268 (SEP S&P Futures) intraday trailing stop on the remainder of any outstanding positions. ETF traders…if you want to pick … Continue reading
Recap..
A point someone brought up late today was that I had no position in the NASD.. That’s correct..However, many of you do have on all or some of the correlated trades whether it was short the Midcap,Russell,OIL, long dollars ect., … Continue reading
A.M. Look 6/15/11
EUR/CHF failed to get close to the big short term buy stops yesterday above 123.20 Straight USD/CHF needs all new strength over 85.50 for more Swiss weakness. Translation be wary of selling weakness at these levels in the Euro and … Continue reading
A.M. Look 6/14/11
Yesterday saw us cover almost all current positions. Whether it was our spreads or outright naked positions, we will await further price action to determine our next move. We have a lot of U.S. data coming out over the next couple of … Continue reading
Recap…Big Picture
We lightened up or got out of most of our positions today. First they jammed a lot of people today during a very thin time of day after London’s close. Many weak market participants were run out of their long … Continue reading
S&P 500..SDS Short Stock Index Exposure
Whichever instrument you chose to short the stock indices, It’s time to take the money on 70% of this trade if you have not already done so.
A.M. Look 6/13/11
Currency Futures expire this a.m. at 9:15 central, Canada tomorrow. The June contract goes off the board and Sept Futures will lead for the next 3 months. The Aussie should provide the best trading opportunities over the next few days … Continue reading
Day End General Comments
Many of you took a good piece or all of your shorts off at DR. Nenner’s 2218 Sept Nasd 100 level matching the 200 day mvg avg. and unchanged on the year in the Nasd. Levels like these are rarely … Continue reading