Today's Ideas:
    for evening of Tues. Dec. 4, 2007

    IMPORTANT: Below is what we're looking at currently, but pay attention to our UPDATES on the side of each page for actual entry/exit times and prices. Refresh pages often! You will witness our winners AND losers; something that is rare in our business.    TO VERIFY ACTUAL PRICES AND TIMES, PLEASE CLICK ON  A TICKER ENTRY TO THE RIGHT.  ALL TRADES, WHEN THEY OCCURED, ARE VIEWABLE.  

    Whenever possible, we have included the ETF symbol for those who are not experienced trading futures, etc.

    POTENTIAL setups for tomorrow include:

    T-bonds short (ZB future)- 30 year Treasury Bond

    FXC long (CAD future)

    UNG long (Natural gas)

    CRESY long (Cresud, Argentina agriculture blue chip)

    Position update as of 7:30pm:

    We are short 2 units ZB (T Bonds avg. price 117 31/32)

    We are long 2 units FXC ($Canadian avg. price $110.02)

    We are long 2 units UNG (avg. price 35.45)

    We are long 1 unit SB (Sugar avg. price .09987)

    NOTES: That's our position update including prices.  Trading was lackluster today, but that is not a reason to exit trades.  As long as we are not stopped out, and our entry reasons are still valid, we continue to stay with them.  We're hoping we get the chance to add to the above positions, or they at least start going strongly in our favor tomorrow. People often ask what our time frames are for each trade, and that is different for each position.  In general, however, most trades last about a week or two, BUT we  trade around the positions as you saw today.  Hence, we DO day trade at times.  We encourage any questions and comments on how to improve our site, and hope you find it useful.  This is a great business, but the learning curve can really take awhile as most successful traders don't have any reason to share ideas. This site is our way of giving back to the trading arenas, in the name of the few mentors we found that helped us along the way. Good luck.

    We can't always explain the reasoning for trades, but they are often a combination of technical, fundamental, and "gut feel". Pay attention, have fun, and make money!

    For previous posts visit the archives.



    This site is for instructional purposes only, and is not to be construed as investment advice. | Disclaimer | Contact Us | ©2007-2008 All rights reserved.