|
PureBytes Links
Trading Reference Links
|
I hope those naked puts don't jump up and bite you. Ira.
Judith Gledhill / Mark Oliver wrote:
> Hi mervin,
> we here at www.paratechnics.pair.com
> agrre that usd yen could turn significantly higher we are currently focusing
> on our daily trend signal at 121.30 coming lower 5 pips a day
> we play this upside via usd call spreads ona 6 mnth basis are very cheap 123
> agst 127 finaced by selling 1/4 of the nominal size of the the usdcall
> spread so we sold 112 usd puts for zero cost
> so mervin lets hope we are right and its great to see other real traders out
> there who follow currecies
> i called abt commodity currencies 2 weeks ago..... this is a brave one but
> canadas gdp nos wrere very low i think usd cad is agreat buy at 1.4570 with
> astop at 1.4470 looking for a retest of 1.4870 the sad thing is my model
> stays long cad but i decided to take my profits in canada and will go with
> the trend if 1.4475 goes
> happy trading
> -----Original Message-----
> From: Mervin Yeung <tinyeung@xxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Friday, April 30, 1999 5:25 PM
> Subject: Jap.Yen Futures
>
> >Hi RTs,
> >
> >I am looking at Yen Futures (June) and there is a triangle pattern. We
> >have to wait and see which way it is going to break out. Fundamentals
> >suggest that it shall break out at the downside. (i.e. Yen depreciates
> >against USD.) Technicals suggest that it shall break out at the
> >upside. This market will be fun to watch.
> >
> >This is my personal opinion, not trading advice.
> >
> >Mervin
> >
|