Those of you who bought TBT yesterday use a 39.60 intra day stop. The 30 Yr. has to top right here or there is more upside in the cards. We’ll be looking to add to our long Gold position with … Continue reading
So far the 30 Yr has rejected the resistance area. The TBT went to our retrace level of 39.60-70. Longer term traders should have a small position on against this level. REE…we’re using a 13.45 money stop. XLF…Place an “OCO” order to … Continue reading
The 30 yr.Bonds have finally probed the old support #’s of 119.08-15 last night. For short term traders we prefer to sell the rallies into this area. Euro will be back on the menu today. Pay close attention to this … Continue reading
Gold..let’s add a little more Gold. 30 YR…Still looking to sell the 30 Yr. the first time up into the old support @ the 119.08-15 area. This should match up with the 39.60-70 level in the TBT. Time Horizon to … Continue reading
You should be 100% out of your TBT today. SDS… we will add ( buy) another 25% piece on the close.
Any remaining TBT longs should use a 38.70 stop close. Do not be a hero and pick a spot to sell oil. Panic can take it to 90 ish. The board is selling Euro VS. buying Oil and the metals. … Continue reading
Monty Hall here. Pick your doors wisely today. EUR/JPY…..113.90 is a big closing area in this cross matching EUR/CHF…..129.50….Only sustained price action above these levels will lead to more short term Euro strength. Silver, Gold, and Oil all went up … Continue reading
Pick your dates wisely this A.M. Trading has become a scene from the match game. It’s all about picking the right door. ( The hot stock of the day) We got a little premature leading off in the Spu yesterday. … Continue reading
87.25 is the key weekly hold # for 3M. A close below this level would put in an outside reversal lower week. The Bonds are in the middle of nowhere with little momentum. They’re still a range scalp. I would … Continue reading
If you don’t have resting orders you can’t get filled. On that note place 2 orders: Sell 30% of your position @ 41.50 Sell another 30% @ 42.15 Let’s see if they can run all the stops later today. These … Continue reading