So this play is a complex spread that pits a strong machinery company and a strong retail / cons. disc. company against two weak chemical makers. While the play may initially not make much sense, the alpha here is generated from the comments that companies in these sectors made in the last ISM and NMI reports. Expected weakness in chemicals as input prices...
Very high risk (0d exp) bearish credit spread on SPY . With SPY pushing a new LoD, I like the probability of a red, or extremely red close. Entry 290.76 Break even 290.79 Max profit 290.5 0.76:1 risk/reward
GLD Bullish Credit Spread - Opened. We got our gap up this weekend as gold gets back above the 1200/oz mark. Looking for this momentum to continue. Entry 113.66. Break Even 113.33. 1.94:1 r/r
Yield spread of NZD/USD dropped to new lows.
Still holding on to these SPY SHORT CALL SPREAD that expire 8/22). (Strike 285-284, 0.67cr )
Green means growth is outperforming, red means value is outperforming...
Bear spread ZWZ18-ZWU18. I wait for a correction and a spread price about 19,0. SL 17,0 ($100/contract], PT 24,0 ($250/contract).
SpreadCoin found the bottom at $0.23, that has been tested on the 13th of June. Since then price went up and today breaking above the 200 Moving Average, not to mention that price produce a new higher high. This could be the beginning of a corrective wave up, or even a trend reversal. The very strong resistance is near $0.5 area, that is confirmed by two...
There could come a correction in a Orange Juice market. COT confirms an overbought state, so if it comes, I am looking for an entry around 0,0 in a bear spread OJX18-OJU18. SL 0,5 ($75/contract), PT 2,0 ($300/contract).
Wheat seems to be overbought. Possible downtrend!
Price is already falling down. Good for my bear spread ZCN19-ZCZ18.
This is a simple spread study of BTCUSD / XRPUSD.
Bear spread ZCN19-ZCZ19. I have opened a position at 16. SL is set at 14, PT 20.
Bull spread with a good potential. PT set to 2,0. Entry at -0,1.
Last lesson for today. I want to catch something moving in a direction, after it pulls back and starts to continue, based on wave theory and fibonacci, among other things, of course. When you trade something going in a direction u can wind up in this......(a diagonal usually indicating price reversal, at least this type)...Just put your stop above the high right?...
I have been waiting for prices to break up into a 69.37-74.14 range and based on current prices action along with 2014 broken support levels, believe we may see extended sideways action in this range, for several weeks, if prices do indeed break upwards. With the Brent/Crude spread in excess of 4 dollars we are still favoring exports; along with potential Iran...
What's Spreadcoin cooking up for us? Some encouraging FA and EXTREMELY bullish TA.
Executive summary If you are an investor, you should hold your positions and wait this out. If you're a trader, it's too soon to make a decision. And if you are a short seller, you may be about to lose your shorts. My spread trading strategy covered in the last few BTC charts is still yielding profitable trades and is enough to blunt much of the daily percent...