Tag Archives: ycs
Yen Follow Up!
Options traders… I chose the FXY puts since they were far cheaper than the YCS calls. For less than half the premium you get a measured look (You know how much you can lose) at the downside in the YEN. … Continue reading
A.M. Look 7/25/13
Stocks.. Spu’s…put in an ORL and has followed through this A.M. 1671.75 is point & figure support. A Friday close under 1665.75 would have me believe this could turn into a good correction. SDS…37.80-90 is the first resistance level. Closing … Continue reading
A.M. Look 7/24/13
Stocks.. RIO…Rio Tinto is bottoming on a monthly chart. We’ll buy this on a break @ 44.60-70 given the opportunity before month end. PAAS…the chart pattern looks good as long as there is no close below 12.40 SLW…23.40 is the … Continue reading
A.M. Look 7/11/13
Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading
A.M. Look 7/5/13
Stocks.. Spu’s…a close over 1627 ish would generate higher tgt’s GOOG…maintaining above 879 should be considered price positive. YCS…as long as this ETF closes above 63.80 the uptrend is intact. 66.27 is closing resistance. Bonds… 30 yr. Bonds…by maintaining above … Continue reading
Yen & YCS…Position Update
We’re stopped out of the YCS @ 58.25 Futures Traders were stopped out as well @ 106.09 We have no other working orders or positions.
A.M. Look 6/14/13
Housekeeping: It has come to my attention that many of you do not have your quote boards set up to properly view the markets. First and foremost you know I’m all about capital flow. In order to see the flows … Continue reading
YCS & Yen…Trade Alert!
We’re Selling 50% of this position either @ 59.25 or Market On close! We’ve had a monster rally in the Equities today without backing off. The Currencies will be a Time Frame Trade in the Asian session tonight. Again, Since … Continue reading
YCS
Maybe I got too cute with a surrogate trade, choosing the Yen vs the stocks. This will take into London’s close to play out. We need price action over 58.50 to be right. There is nothing to do but let … Continue reading
YCS…Trade Alert!
ETF Traders..BUY the YCS double short yen on the opening. FX…we gave you the level this A.M… this is another classic opening range trade in Chicago. Let’s see what we get.