February 19th – Today's Trading Tips & Market Analysis

See Today's Trading Opportunities Below – Watch The Video For Full Market Analysis

1 – The EUR/USD pair fell slightly during the session on Wednesday, as the 1.14 level continues to be a bit of a problem for the buyers. However, we think that it is difficult to hang onto any particular position in this market at the moment, so we are looking to the short-term charts in order to buy puts. At that point time, we would hang onto them for a short amount of time, and then just simply repeat every time we rally. We believe that eventually the EUR/USD pair will go to the 1.11 handle.

2 – The DAX(GDAXI) struggle during the session but as we have seen recently, the market seems to have buyers every time it falls. Therefore, we have no interest in buying puts and will only buy calls as we believe it’s only a matter of time before we smash through the €11,000 barrier. There is far too much in the way of support below to even consider buying puts, so therefore this is a one-way trade as far as we can see.

3 – Looking over the S&P 500(SPX), we struggled at the 2100 level yet again, but this is an area that eventually should give way. Once it does, we feel that the market can be bought via calls for the longer term. Pullbacks should offer value that can be bought via calls as well, considering that the market is so strong overall.

4 – We look at the Silver (SLV) markets with great interest today, considering that the Wednesday session was so much quieter than the Tuesday session. Perhaps we are starting to run into a bit of support now, and therefore we think that a call buying opportunity may present itself. We don’t have that signal yet, but we are most certainly stating on guard for it to happen.

Disclosure: None

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