Tag Archives: Spu
Daytraders 12/2/10
Match up the Aussie numbers with the Spu 97.20-30 Aussie now = the 1215 langer level first time up.
SDS…Currencies
The currencies have tested some very pivotal levels. GBP/USD rejected the reversal monthly close of 156.50 USD/JPY has a short term double top at 84.40 on the daily maps The Aussie tells me nothing yet, however we will add to … Continue reading
Eur/Jpy….TBT
108.23 is going to be a big inflection level in the cross Eur/yen needs sustained price action below this level for more Euro weakness. We’re at the other end of the range in the bonds, the area I’ve been patiently … Continue reading
Bonds…TBT
It’s pick a swing day. 130 +- a few…131+- a few ticks are the major retracement levels coming back up in the 30 Yr. Bond futures from the 125.18 double bottom and our exit area ( app. 138.20 ish in the TBT) … Continue reading
A.M. Look 11/23/10
Month end is 1 week from today. Lemming effect trading will be in full swing. Meaning the markets will get pushed directionally over certain trading time frames and then can have a very abrupt about face. 1179.70 spu, 2122 … Continue reading
A.M. Look 11/19/10
The anticipation of the press conference is out of the way in Germany. Short term traders should take a decidedly you first approach to today. Present Holdings… short the 30 yr. Bonds ( long TBT) looking to sell any major rally, or … Continue reading
A.M. Look 11/17/10
Some of you sold the (F) oil yesterday. Keep your stop where DR. Nenner suggests. Oil inventories are out today and Dec. Oil expires Friday. This generally increases volatility. This trade is a great example of Charles system at it’s finest. You have … Continue reading
SDS VS Emerging Mkts, 11/15/10, 10:07am
We need some downside protection against our emerging market trades Crude is acting toppy and it would be wise to take some of your long oil stocks down to a 50% position Buy a 1/2 position in the SDS with … Continue reading
A.M. Look 11/15/10, 8:11am
Current positions Short Euro / Long Gold Short Yen ( Long Usd/JPY) Short bonds ( long TBT) Long emerging markets This a.m. we’ll be paying attention to the Euro at 136 (short term tgt support) and the Gold closing stop of 1355. Remember we legged … Continue reading
Hamster trading…Euro, 11/12/10, 10:34am
Cover a portion of your Euro when the spu prints into the high 1190’s to pay for your stop. Move your stop to 137.85 cash