My preferred strategy with stocks is to watch for breakouts from technical patterns before taking any trades. I will often start the trade by selling Puts and then, if assigned, I sell Calls and keep the cycle going as price ratchets higher. In this post I offer examples of breakout trades that have been effective […]
These are the stocks I’m stalking for trading this week. The same drill applies: sell Puts and then, if exercised, selling Calls. All the time just raking in Premium.
The ASX-200 has lagged well behind many global stock indices in recovery efforts following the Global Financial Crisis but this might all be about to change!
This is just a very brief update as I’m about to head down to, of all places, Wall Street. Keep an eye on the US$ as it tries to break up and out from the recent trading channel as this will have implications for USD-based FX pairs.
Saanj on Twitter asked me for my thoughts on the DAX so here is a brief update on what I’m seeing across the DAX charts.