Monthly Archives: September 2010

Ichimoku Stock Option Trade Setup: MEE 9-19-10

Posted on September 20th, 2010 by

MEE has close below the Ichimoku Kumo Cloud on the weekly timeframe.    If price moves lower the daily will be setup for a bearish Ichimoku trade too.

See the charts below:

Here is the Option chart:

Volatility right now is low so you can look at buying a straight put without it being “expensive”.   Right now, only Oct and Jan 2011 options are available.   If we look at the Jan 2011 25 Put. It will cost roughly 1.64.     According to the charts, our estimate is that MEE should reach 25 by end of October with a stop around 32.43.    This is roughly $3 for a stop with a $3.00+ target.   Therefore it is a 1:1 risk/reward ratio.

If we enter the option TODAY and exit at end of October, if the stock is at 32.43 then we will lose roughly 87.43 (50% the cost of the option).    If it is at 25 by end of October, we will make roughly 112.94 .

EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. …
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EURCHF Currency Forex Trade Cancel: 9-3-10: Ichimoku Trade Strategies

Posted on September 3rd, 2010 by

EURCHF has gone above the Kumo cloud on the 120 and above the TS on the daily. Therefore, we are going to cancel our trend trade for now. It is now in a pullback mode. The pullback could be a minor, major, or could be a trend reversal. We will not know until we see some more price action.


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EURCHF Currency Forex Trade Setup: 9-2-10: Ichimoku Trade Strategies

Posted on September 2nd, 2010 by

EURCHF looks like it is setting up for a short term bearish movement to retest the lows.     Attached is a chart for a possible trade setup.

EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose


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