New order with protective stop. This is an order to “exit” not enter the current short Yen position. You’ll need to place 2 separate Orders BUY 2 ( 50% of the Position) JYAM @ 9906 Stop. BUY 2 ( 50% … Continue reading
Sell JYAM ( The all session Globex Futures) @ the market! It’s currently sitting @ 98.71. I will write a stop tonight. I’m selling the Yen against the 200 DMA in the cash which is 101.23 USD/JPY. Dollar Traders…Buy USD/JPY … Continue reading
Stocks… Nikkei…is putting in an ORl day. This is not a pattern I’d look to take given the current RSI’s which show it’s getting oversold on the daily chart. Nasd 100…3590 will be pivotal. We’re in Rally mode by maintaining … Continue reading
Stocks… Spu’s…a close under 1854.50 puts in an ORL week. DAX…9600 is today’s support and the closing downside pivot. Below, 9470 ish is the next level to look for a bounce. EWZ…the rally in Brazil looks tired. A close under … Continue reading
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. DAX…put in a ORL day Friday and is following through to the downside. 9426 is mvg avg support. This is just one more tired Index that keeps failing at … Continue reading
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading
Stocks… DAX…9600 is resistance. the sell stops are @ 9498 today’s ORL#. Then look for a test of 9440. Nasd 100…back under 3576 will propel the Bonds even higher. IWM…under 113.50 would precipitate downside momentum. Bonds 30 Yr. … we … Continue reading
Be it known to all brokers and investors: There can be different symbols for Futures! Please check with your quote vendor, or (Broker IB . I.E. 30 Yr. U.S. Treasury Bond Futures.. USM is the Pit future symbol USAM is … Continue reading
SELL 2 Yen Futures @ the market. It’s currently trading 98.36 This is 1/2 normal position. Use an all session stop @ 98.55 GTC..Good Until Canceled. This is not for ETF traders. For this trade to work the Nikkei has … Continue reading
Stocks… Spu’s…could trade into the mid to high 1890’s. A break into the low 1860’s will be met by willing buyers. Closing under 1874 should be considered short term negative. Nasd 100…support starts @ 3602. Closing below 3582 would have … Continue reading