Pro Tips

A.M. Look 9/20/13

Posted on 09/20/2013

Stocks.. Spu’s…I’ll need a close over 1725 to think there is much of any upside left. Nasd 100…3240 will act as the upside closing pivot Bonds 30.yr. Bonds..130.10 is support. 132.30 is resistance FX… AUD/USD…94.25 is support and the downside … Continue reading →

A.M. Look 9/19/13

Posted on 09/19/2013

Stocks.. PBR…16.56 is the 200 day mvg avg and resistance. Closing over this level is needed for more upside. Line this up with the EWZ for resistance and upside follow through. Bonds Bunds… 138.90 is the upside pivot. By maintaining … Continue reading →

AUD/JPY…Trade Alert!

Posted on 09/19/2013

Cancel Replace Order The cross is trading @ 94.05. Cancel the order to sell 1/2 the spread @ 94.30 and Sell that 1/2 @ the market!!!!

Fed

Posted on 09/18/2013

Whatever happens this afternoon I seriously doubt you’ll be able to execute faster than the Bots. I’m still deferring to the Sept Equity Index contracts until tomorrow. On a continuation chart there will be resting sell stops under 1694.75 in … Continue reading →

A.M. Look 9/18/13

Posted on 09/18/2013

Commodities… Gold…1270’s can trap new shorts. Silver…below 21.40 20.85 is the next Fib zone. The long term point & figure chart shows the possibility of 20.40-60 today with a “Risk On” board late day. WTI…Crude (Oct)…104.40-60 should bounce the first … Continue reading →

AUD/JPY & AUD/USD

Posted on 09/17/2013

AUD/JPY is at weekly resistance @ 92.85-90. Once above this level the spread can gain momentum. We’re looking for a test of the 200 day @ 94.44 once convincingly above this level. Price action to look for in the AUD/USD. … Continue reading →

AUD/JPY…Update

Posted on 09/17/2013

FX….Traders Anyone that left a working order for our trade of the day yesterday was filled last night. Use a break even stop. Take 1/2 off when the AUD/USD trades 94.00 9/16/13 Trade idea of the day… Buy AUD/JPY @ … Continue reading →

A.M. Look 9/17/13

Posted on 09/17/2013

Stocks.. VIX…sustained price action over 14.55 will put pressure on the indices. FX… USD/JPY…98.75 will be pivotal going forward (101.25 Dec. Futures) GBP/USD…needs to maintain above 159.60 for more upside. AUD/USD…92.75-85 is support. 94.20 is resistance. Commodities… Gold, Silver & … Continue reading →

AUD/USD….Trade Alert! …Position update AAPL.

Posted on 09/16/2013

Sell the AUD/USD @ 94.20. ( 93.72 Dec. Futures). We’ll be using a 25 point stop. We’re looking for an initial 60-70 point break off the level. That would likely see EUR/AUD testing the 142.15 area. This is where the … Continue reading →

A.M. Look 9/16/13

Posted on 09/16/2013

Stocks.. Spu’s…1704-05 will be pivotal early.  Below, the Spu’s could try to trade back to 1690. Bonds 30 yr. (Sept)…133.15 is resistance and the closing upside pivot. FX… USD/JPY…98.27 is Dollar support/ Yen resistance ( 101.76 Sept. Futures) GBP/USD…157.20-50 is … Continue reading →