Currencies

Wednesday - May 7, The Yen has seen support at the 38% re-tracement on a long term chart. We are looking at bullish options strategies to suggest soon.
 

 

 

Metals

Tuesday - May 6, 2008
 

 

 

 

If you have any questions about trades, please call your broker.
THE INFORMATION ABOVE IS COMPILED FROM SOURCES BELIEVED TO BE RELIABLE. THERE IS NO EXPRESSED OR IMPLIED WARRANTY AS TO THE ACCURACY OF THE MATERIAL. ALL INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE.

The Pattern Report is created as a collaborative effort between the members of the Common Sense Capital team. Steve Jerhoff and Kirk Kristian are brokers and contribute towards any trade recommendations which may be made. David Duty is a CTA and at times contributes trading ideas for consideration as well. General commentary may come from any of the team but trade recommendations come ONLY from the brokers.

The above report is intended as a beginning basis for trade analysis. Traders should do their own homework by reviewing the long term charts, as well as the potential risk to reward set-ups of any trade before initiating a position in the futures market. For more information about trading in a disciplined fashion, call your Common Sense Capital broker.

DISCLOSURE OF RISK: THE RISK OF LOSS IN TRADING FUTURES AND OPTIONS CAN BE SUBSTANTIAL; THEREFORE, ONLY GENUINE RISK FUNDS SHOULD BE USED. FUTURES AND OPTIONS ARE NOT SUITABLE INVESTMENTS FOR ALL INDIVIDUALS, AND INDIVIDUALS SHOULD CAREFULLY CONSIDER THEIR FINANCIAL CONDITION IN DECIDING WHETHER TO TRADE. OPTION TRADERS SHOULD BE AWARE THAT THE EXERCISE OF A LONG OPTION WOULD RESULT IN A FUTURES POSITION.