Usd/Jpy …..Short Yen (Long Usd/Jpy) Long Ycs. We’ve had this position on for quite a while. We are going to use an 80.80 stp cls in Usd/Jpy which is app 123.70 March futures… (app 15.40 YCS.) This is strictly a … Continue reading
Per the A.M. Look 12/22/10 you should now have another piece of your short Bonds long TBT position on again. This was a resting order GTC ( good till canceled). Spu…as long as the Spu closes above 1244 the markets … Continue reading
We have long exposure to the SOXX and BKX indices. These two sectors still look attractive. The risk for any long Soxx is 55 stop close. BKX ( Philly banking index) the true stop is a 49 stop close. The … Continue reading
We sold 70% of our TBT position last week covering our 30 yr. bond shorts. I’ts time to start scaling back into this position. Sell the 30 year bonds/ buy the TBT basis a 122 march bond futures print. The … Continue reading
The Dec. Bonds go off the board tomorrow. Some of you asked when I might be looking to sell the 30 yr. Bonds again and re purchase the TBT. We will look Wed. to see if there is a level … Continue reading
Today we bring you another episode of Full Moon Trading, with a rare Lunar Eclipse twist. ( Trend changes can happen) The Euro put in a lower last last night and is attempting to rally. While it trades like a … Continue reading
30 Yr. Bonds…Per our M.O. we took the bulk of our money on our short Bond ( Long TBT ) a day early…the short term pattern shows a nice daily double bottom. The high 121’s to the low 122’s should provide … Continue reading
Time to take our money before the Fed.. Let’s take 70% of this trade off… Sell 70% of your TBT at the Market! If there was ever a day set up for a drubbing this is it.. Book the money. … Continue reading
There is now a possible weekly double bottom in place the the Dec. 30 year after making a lower low form last week by 2 ticks.. A close over 123.25 Dec…122.08 March would mean we’ve seen the low for a … Continue reading