Tuesday, April 6, 2010

USO (OIL ETF)

Here's a beauty for those that want to take advantage of the oil trade and do not trade the futures, this is very bullish... Hope it helps...

XLU

Here's a beautiful setup on XLU a perfect cup and handle for all you techies... I will enter a long with a first target of 31.30 and a stop @ 29.70 a very low risk trade... Hope it helps...

Monday, April 5, 2010

Could be The Trade of the DECADE???

The setup that I've been waiting for since last September is very close to materializing... I will write about this trade this week...For those of you that took my postings serious on April 1, I'm sure you are doing well... Gold has broken the trend line and is poised to test 1150, oil hit 86.82 at the close today and should pull back and then re-test 90.00... Keep an eye on the treasury note futures for a swing trade to the downside... Hope it helps...

Thursday, April 1, 2010

10 Yr Treas Futures (ZN)

I'm waiting for a retracement to the price level at which time I will get short for a low risk trade... Hope it helps...


Oil futures setup posted @ jamesolivertrades.blogspot.com

Oil Futures (CL)

This is a perfect cup and handle. Now that the price has broken out I will wait for a pullback to 83.50 and will get long with a target of 87... Hope it helps...

Long gold futures @ 1121 target one 1140...