Monthly Archives: January 2013

FB….AUD/JPY….Pattern Alert!

Posted on 01/31/2013

FB…Facebook…a close over 31.49 puts in an ORH day. Traders that bought early should add on a close over this level with the same stop targeting the 36 level. AUD/JPY…95.49 is the ORH day #. Like CAD/JPY this is a … Continue reading →

CAD/JPY…Pattern Alert!

Posted on 01/31/2013

In the 1/28/13A.M. Look we looked at the Canada https://www.whitewavetradingstrategies.com/a-m-look-12813/ Today the CAD/JPY cross is attempting an ORH day with a close over 91.21. Sustaining over 91.49 would be needed to confirm the pattern. Canada Futures are coming up into … Continue reading →

OXY_-_Occidental_Petroleum_Quarterly.gif

Posted on 01/31/2013

OXY..The qtrly buy stops are 87.39. By remaining over 85.50 we see this going to 92. This has been a favorite trade of ours for years. We last spoke about it in Dec. https://www.whitewavetradingstrategies.com/big-cap-multi-nationals/

FB_-_Facebook_Inc_Weekly.gif

Posted on 01/31/2013

We like FB against today’s low. Recovery by tomorrow’s close over 29.74 is needed to confirm the low

A.M. Look 1/29/13

Posted on 01/31/2013

Silver…31.22 is the short term resistance. Gold…1667-70 is daily resistance 30 yr. Bonds…needs above 144.02 for higher. Spu’s…need to get under 1489.50-90.50 for more downside. Yen Futures…anything close to 111 will be difficult +- 10 points. The Yen crosses all … Continue reading →

A.M. Look 1/31/13

Posted on 01/31/2013

Spu’s…stillneed some sustained price action under 1490 for further downside. AUD/USD…needs under 103.80 to break further. (the futures are trading at a 35 point discount to cash) USD/INR…has been off our radar for a while. This is attempting an ORL … Continue reading →

Silver

Posted on 01/30/2013

We took off 40% of our puts off for a nice profit. The puts are trading just slightly below where we bought them. Our original thesis was that this would be a week of high volatility in the metals, plus … Continue reading →

Equity Indices

Posted on 01/30/2013

Spu’s…need a close below 1491 for an ORL day. Russell..has a stranded close from yesterday and looks the most vulnerable. With tomorrow being month end we’ll soon see how willing investors are to book their profits.

A.M. Look 1/30/13

Posted on 01/30/2013

Oil…98.09-25 is resistance and the closing upside pivot. A couple of closes over this level will be needed for more upside. 30 yr….recovery over 144.02 is needed for a trad able low. Monthly stops are under 141.30. Euro…Eur/Aud…have all come … Continue reading →

Silver Puts…Trade Alert!

Posted on 01/28/2013

The Silver Calls are trading around 60 cents, basically doubling in a couple of days. In today’s A.M. Look we were looking to pay for this trade any where near the 200 day for the all session (app 30.60). The … Continue reading →