Monthly Archives: May 2012

GDXJ Chart | Metals

Posted on 05/09/2012

The worst looks over for the metals… Nem as well as the mining etf’s are showing a tradeable low that will be confirmed with closes above yesterday’s highs

USDCAD | Canadian Dollar

Posted on 05/09/2012

USDCAD is up against the 200 day Mvg Avg.@ 100.55.( 99.43) is the corresponding Futures level. Pay attention to this level for reactions off the currency crosses as well as contributing to oversold rallies in the equity indices. This will … Continue reading →

A.M. Look 5/9/12

Posted on 05/09/2012

EUR/GBP… there is no significant big swing Fib support until closer to 79. EURO…looking at a 12 year semi-annual chart, 122 is in the cards longer term, via 126.40-60 as long as it remains below 130.70. AUD/USD…following the same swing … Continue reading →

A.M. Look 5/8/12

Posted on 05/08/2012

We refer you to yesterday’s A.M. Look for the relevant areas. They are macro levels that are static. General Comments… Pay attention to your technical levels and Time Frames today. Pay close attention to the 30 Yr. level of 144.20. … Continue reading →

Gold…GLD Trade Alert!

Posted on 05/07/2012

We’re BUYING a 25% POSITION IN THE GLD @ THE MARKET.. The currencies and their commensurate crosses have shown a trad able low, confirming what I suspect to be an intermediate low in the Equity Indices. Pump priming ( liquidity) … Continue reading →

Take the Money!

Posted on 05/07/2012

A Trader’s Diary-Topic #1- Know When to take the Money Good professional traders know one of the most important rules of the game .. knowing when it’s time to take the money.  It’s easier said than done.  We all want … Continue reading →

A.M. Look 5/7/12

Posted on 05/07/2012

Euro…129.59 is unchanged on the year. This now becomes the macro pivot for more downside. EUR/GBP…The Pound has been bid vs the Euro, as a safe haven trade within the Euro Zone, since last July. This cross is getting mildly … Continue reading →

AUDJPY Weekly Chart, Macro Stops Run

Posted on 05/04/2012

81.05 is the top of the cloud on the weekly 81.10 is the 200 day… I wouldn’t look for much more is this cross today, particularly in light of the Aussie hitting it’s first minor support after running the macro … Continue reading →

Crude Oil…General Risk Off…Time Frame Trading

Posted on 05/04/2012

OIL…has just completed the first significant re-trace of the past 2 years with a 98 dollar print. Can it go lower? Sure, however it has not had a reversal on the point & figures for 800 points. General rule of … Continue reading →

Bond Futures ORL…Daily Chart

Posted on 05/04/2012

142.09…is the ORL daily #