Partial profits can be taken in our short Sept Sterling trade. We normally wait 4 days after crossing the threshold however an intra-day signal of sufficient strength/duration has occurred for us to execute early.
In the August 24th edition of AlphaMail we suggested trading out-and-in again of the long position in the S&P that we had recommended earlier in the day. That tactic has proved extremely effective and there have been 5 chances to…
Here are the partial profit-take thresholds and stop levels for the 3 Forex trades mentioned earlier today as well as the Kospi trade overnight. Long Sept Dollar Index futures: Partial profit-take threshold 95.80, stop at 90.78. …
Dec Wheat futures can be purchased. The partial profit-take threshold is 545-1/8, the stop at 464-5/8. Nov Soybean futures can be purchased. The partial profit-take threshold is 931-1/8, the stop at 480-2/8.
We have fresh daily scale extensions in the US Dollar Index and EURUSD. We advise closing all outstanding FX positions we have recommended. These are short dollar index, long GBP/USD and short EUR/CHF. We would also reverse into opposing…
Here are the partial profit-take threshold and stop levels for today’s long Sept S&P e-mini trade. This stop is calculated for a full allocation of capital to the trade, even though you may have taken only a partial position because…
The world’s stock markets have been weak again today and the drop was initially severe. There has now been a good bounce in the US and this has lifted all equity markets off their lows. There is due to be…