Pro Tips

A.M. Look 3/13/13

Posted on 03/13/2013

AUD/JPY…shows a double top on the P&F @ 99.50. 98 +– a few seems to be the next descent level of interest. FBTPM…Italian 10 yr…shows initial  support @ 108.40. 30 yr. small buy stops are 143.16. The lowest risk sell … Continue reading →

A Few Names

Posted on 03/12/2013

Hal…Halliburton is looking up. The real stop on this stock is 39.50, however we think you can manage a long against 41.60. This is trying to break out on a monthly chart by remaining over 42. SLB…This is good as … Continue reading →

A.M. Look 3/12/13

Posted on 03/12/2013

Euro…130.60-70 acted as the downside pivot and first support on Friday. It will now act as the near term resistance. USD/JPY…95.60 needs to be given to see further Yen strength ( App 104.60 H Futures) EUR/JPY…put in a new high … Continue reading →

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Posted on 03/11/2013

Miners have been banging along the bottom. We still need a close over 37.20 to get some further confirmation of a bigger low. So far it’s just been a 5% bounce off a multi-year fib

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Posted on 03/11/2013

Watch for market tone the rest of the day… This will lead any sell off today.

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Posted on 03/11/2013

FB…shows you can use today’s low as a trad able low to manage your risk. Closing resistance remains @ 28.70-90.

A.M. Look 3/11/13

Posted on 03/11/2013

GBP/USD…qtrly sell stops are 148.70. It’s getting very oversold. OIL..the upper parameters have not changed. 91.79-92.10 is your qtrly swing #. Spu’s…need to sustain under 1545 for any lower retrace. General Comments… Time Frame Trading…Most instruments are stuck dead in … Continue reading →

Equities & Metals

Posted on 03/08/2013

The lows are good in the Indices. All new price action is needed below today’s lows for any Risk Off. BRKA…would need sustained action under 154,683 for lower. GS…151.95 Goog…821.50 is near term support. This level needs to hold on … Continue reading →

A.M. Look 3/8/13

Posted on 03/08/2013

Welcome to unenjoyment…and for your added pleasure USDA Crop Report @ 11:00 CDT. Where’s Beeks when you really need him! AUD/JPY…97.76 is last months high( maintaining above is price positive). This will trade up or down with the Spu’s. EUR/JPY…maintaining … Continue reading →

Mid Day Missive

Posted on 03/07/2013

Risk On Crowd… CAD/JPY…as long as this maintains above 91.50 look for the stops to be run above 92.27. This also appears to be the only way to manage a short Yen position with limited risk.. In other words…you have … Continue reading →