Pairs Trader

Mosaic – Potash definitely one of our favorites for the pairs spotlight. With the RSI Wilder pushing up we should see the pair continue to climb up into resistance and position nicely for Prodigio to make a short entry on the pair. Let’s see if the pair continues to move up this week..

We are removing our “FCX-SCCO” pair from our pending trades since the pair continues to move further from our entry. Also, we are reversing our “BHP-BBL” pair to a short trade. We unfortunately could not take advantage of the pair for a long trade as we had originally hoped. However, with the price action of the pair on Tuesday, it looks like we could expect to see the pair move back to resistance around the $13.07 price level..

“Ninja Pairs” – Nothing new on “Ninja Pair Trades”.. Please keep in mind that all “Ninja Pair Trades” are self directed trades strictly managed by you the individual trader, and “Ninja Pair Trades” are not tracked in our “Pairs Port-folio”…

For any questions, comments or new ideas, please email me at pairstrader@shadowtrader.net. “Wednesday Bring Us Our Target Exits!”

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