Pro Tips

EURO & EUR/GBP

Posted on 02/01/2013

We’ve put out tgt’s in EUR/JPY … USD/JPY … CAD/JPY The attached charts show the major swing that is getting close to completion in the Euro & EUR/GBP Euro..139.50 ish is the 50% Fib and the channel line of the … Continue reading →

Kiwi…Pattern Alert!

Posted on 02/01/2013

Kiwi is attempting an ORH week with a close over 84.50. Qtrly stops are over 84.79. Presently this level is matching up with 1505 Spu & 2751 Nasd. It would be logical to expect some first of the month buying … Continue reading →

A.M. Look 2/1/13

Posted on 02/01/2013

Silver…32.50 is resistance and new action over this level is needed for higher. 30.60 + a few is support and the 200 day mvg avg. This has to go 31.10 sellers for a try lower. Gold…1700 is the upside barrier … Continue reading →

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 →