Monday, July 12, 2010

UUP (ETF)

Now that the USD has made a nice pullback and the EUR is showing signs of weakness, this (UUP) could be setting up for a nice long swing trade with very low risk (my favorite). If you're aggressive you could enter now. If conservative you wait until it breaks above 24.64 with a stop at 24.26. The target would be 25.84. Hope it helps...

Yen Futures

The Yen looks good for a swing trade. Normally I don't swing trade the currencies. This weekly chart looks very good for a long position with a target @ 11.514. for those that don't trade futures, you can buy the FXY etf....Hope it helps

TBT Calls -41 TICKS

Long @ 36.8 stop @ 36.39 with target one @ 38.23 next target @ 39.98

STOPPED OUT @ 36.39 - 41 TICKS

Thursday, July 8, 2010

Free buy/sell alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jimolie@gmail.com...

Pivotal point

Now that the S&P touched 1010 and broke 1040, this is a pivotal point.... I will watch this very close and wait for a signal of which way to enter... Hope it helps

Monday, July 5, 2010

Tuesday's open could prove to be a pivotal day... jamesolivertrades.blogspot.com

Tuesday's Open

Tuesday could prove to be a pivotal day for the market. It should be a very interesting day!!!