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30 year Bond Futures AAPL AMZN AUD/JPY Aud/Usd aussie Bund CME Group Futures Copper Crude Oil Dax DJI EUR/AUD EUR/JPY Euro FB Forex Markets GBP/USD Gold GOOGL Grains IBB jjg NASDAQ 100 Futures NATGAS NFLX Nikkei Oil Risk On Trades S&P 500 Futures Silver SMH Soybeans Spu Spu/Bonds Stock Indices tbt Technical Trading TLT Trade Alert USD/CAD usd/jpy VIX Yen Yra Harris
Pro Tips
AUD/USD
We’re buying a little Aussie @ the market with a 30 pip intra-day stop. Futures traders…the stop is 105.93 (H) cash 106.35 cash
A.M. Look 2/10/12
30 Yr. Bonds…We currently have a double top and a double bottom on the Monthly Bond Chart. 140.22 (H) Futures is the bottom level currently in play. Closing below this level, coupled with sustained price action below 140.22, would have us … Continue reading
USD/JPY….CAD/JPY…YEN
78.30 was last months Dollar High in the Yen. This equates to a 127.79 (H) Futures low. A close above this area in USD/JPY ( below in the Futures) will set the Yen crosses on fire! 78.39 is the 200 … Continue reading
CAD/JPY…Long Canada/Short Yen
We’re going to start a position in this Currency cross. Cash traders can just buy the spread. Futures traders..we’re buying the Canada Futures, traded on the CME, while selling an equal # of Yen Futures. ETF traders…you can try it … Continue reading
A.M. Look 2/9/12
The short term technical trades continue. Sector rotation remains violent intra day, with the Stock Indices continuing to creep up. 30 yr. Bonds…probed the lows of the recent range last night. Any sell off in the equities would see this … Continue reading
OXY…Pattern Alert….GS
A close today under 103.10 will put in an ORL day in OXY. Closing below 102.63 ( unchanged on the week) will have us looking for a bigger correction. Yesterday, late in the day, we recommended lightening up in OXY … Continue reading
AAPL…GOOG
I’ve had a dummy swing count in AAPL of 479 ish off the 200 day mvg avg low of 363 from the end of Nov. This is just the first big swing tgt. GOOG…short term, bulls need price action to … Continue reading
Gold…Spu’s…OIL
Gold is trying to decide it’s direction. It just retested the reversal close from yesterday of 1742. This is a mandatory hold level for the Bulls. Price action back under 1738 should be construed as negative. All new sustained strength … Continue reading
A.M. Look 2/8/12
Early yesterday when the Spu’s showed weakness the AUD/JPY did not. AUD/JPY…( Long Aussie/Short Yen) remains a leading risk on indicator. 84.00-84.12 is the next short term resistance level. DAX….shows no significant resistance until 70000 Copper…there are resting stops above … Continue reading
TLT…STOP…SPU “Pattern Alert”
We’ve been using a 116.50 stop close in the TLT. Our original buys were around 115.50 In the TLT ( 140.27 in the Futures) While the SPU/BOND spread continues on it’s merry way, we sold a good chunk of the … Continue reading