FB and SP-500

Covering shorts in SP-500 and going long with 2042 SL.

Bought

FB Dec 18 2015 107 Call

yesterday and adding more today. Any price under 1.20 is good.

Setup Chart:

Shorting SP-500

Picked up SPXS and December 19 SPY 208 Puts. The STI is on full sell currently, but having the daily indicators on sell is helping me make this decision.

Swing Trend Indicator

The STI went on tentative sell and trigger sell on Friday, November 6th. Also, daily indicators rolled over. The SP-500 can achieve new highs when this happens, but I will be full short on a FULL SELL signal on the STI. I'll keep you posted.

Long AUD/NZD

Started my initial position in AUD/NZD. Highlighted multiple buy zones and when to add to the position.

The highest risk/reward scenario would be getting long @ 1.06900

After 2400

After the SP-500 reaches 2400, we should drop until January 2018. Future posts will have the targets for that decline.

Sell Stops Move Up

Move sell stops up to 2085

Buy Stops Triggered Yesterday

Now long with 2061 sell stops. Will update with stop move ups.

Lower buy stops

At the open, lower SP-500 buy stops to 2083.

Swing Trend Indicator on FULL SELL

Swing Trend Indicator

Still on full buy, will notify when that changes.

Over .618 Retrace

89.5% odds of making a new high since February 2010

Yahoo! Getting Long February 50 Calls for Under 2.75

Buying some Yahoo! Calls for a big Yahoo! Looking for $60 before expiration for 200% gain.

Good luck. I'm risking 3% of my total account on this trade.

Risk 2.75
Reward 10
R/R = .275 well under .40