a highly expected breakout is coming

Discussion in 'Options' started by mikeenday, Dec 6, 2011.

  1. mikeenday

    mikeenday Guest

    if 15 minutes bar immediately pulls back after new high, it will be a mother of all short opportunity.

    I guess it will a classic failed breakout, currently lightly holding some AUDUSD short. will short TNA if things work as expected.
  2. we are touching 200 ma with a topping candle today after an almost vertical run-up, conventional wisdom says short but i have my doubts they will let the market tank during the holiday shopping month.

    so staying neutral, long some jan sds straddles see what happens