Pro Tips

A.M. Look 3/19/13

Posted on 03/19/2013

Spu’s…these need to go 1554 bid and close over 1563 for higher. Sustaining under 1543 can see a break to test the lows of Sunday night (1529-31). Oil…94.00 +- 10 cents is current resistance and the short term upside pivot … Continue reading →

FXI_-_iShares_FTSE_China_25_Index_Fund_Weekly.gif

Posted on 03/18/2013

This is a trad able low in China against 36.45 close.

Food for Thought

Posted on 03/18/2013

JJG…is stuck…This instrument needs a close over 52.60 or under 51 for new direction. VIX…is coming into resistance. TBT…66.60 is trad able support CAT…today’s low is good for now, however this needs back over 90 to see more upside. AAPL…we’ve … Continue reading →

AUD/USD

Posted on 03/18/2013

As the board digests the news out of Cyprus, we’re looking for 104.40 AUD/USD  to be initial resistance and an exit zone the first time up.

A.M. Look 3/18/13

Posted on 03/18/2013

Spu’s…1529.00-31 is support. Recovery over 1547.25 is needed for higher. Spu/Bonds…hit it’s support last night as well. EURO and it’s crosses have all hit big technical support @ last night’s lows.This includes EUR/JPY,AUD/JPY,EUR/GBP,EUR/AUD. USD/JPY…held a big retrace level last night … Continue reading →

AUD/USD….Stop

Posted on 03/15/2013

Forex and Futures traders…we’ll be leaving an all-session stop just below today’s cash low @ 103.54.

Aussie…Currency Traders…Trade Alert!

Posted on 03/15/2013

Short to medium term traders can Buy the Aussie with a stop against today’s low. As long as AUD/JPY remains above 98.75 this should be a cheap look.

A.M. Look 3/15/13

Posted on 03/15/2013

Euro…130.60 +- 10 pips is resistance. This could squeeze up close to 131 with out breaking out of it’s current formation. GBP/USD…151.00 is the short term pivot for Sterling. 151.66 is next resistance. USD/JPY…is caught between 95.70-75 and 96.50. Sustained … Continue reading →

Gold…Closing Trade Alert!

Posted on 03/14/2013

From today’s A.M. Look. We’ll be closing these out before the rest of the premium erodes later in the A.M. We’re closing out (Selling) the Long April 1600 calls. In general it has held Friday’s unemployment open of 1575. As … Continue reading →

A.M. Look 3/14/13

Posted on 03/14/2013

AUD/USD…is the feature today. Closing resistance is 103.85-104. AUD/JPY…has reached parity @ 100. This needs to back and fill from this level. the bigger macro resistance level is 101.80-90. EUR/AUD…the mid 124’s will be tough to trade. This looks like … Continue reading →