KGC & POT for Long position & EUR/USD

***Trade Alert***

Long NFLX with March 230/235 vertical calls. for $1.75

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***Trade Alert***

Out of NFLX put spread with $100 profit.

Closed my GLD 136/140 spread at $1.75

Closed my FAS credit spread at $0.31

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***Trade Alert***

Closed 50% EUR/USD long at 1.3705

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Fliped EUR/USD short into long now long from 1.3625

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***Trade Alert***

Over night I closed 50% of my EUR/USD @ 1.3578. now riding with only last 25%.

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***Trade Alert***

SLW Jan 2012 $40/$50 vertical call spread for $2.60

Amazing risk/ rewards.

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KGC is on long term support line, I took long position right before close yesterday. I see it touching $20 price area pretty soon. I have March $17 calls I am expecting by end of march KGC should trade around $18.50 or so. Risk/Reward on this trade is excellent.

POT is another potential candidate for long position. I see a possible pull back in POT around $175 area. As you can see in the weekly chart I will get a long term support around $175 area.

I am currently short EUR/USD and my target is 1.33. If EURO holds the support at 1.33 then it could go either way.

I will update you on any trades I am watching NFLX to fill the open gap around $231. Possible exit area for my spread.

Cheers!!

Thanks,

T Waffle