Pro Tips

A.M. Look 1/9/12

Posted on 01/09/2012

Euro…This is having an oversold bounce. It will be interesting to see if this can turn into a short rout given a few days of price action. Aussie…needs a close over 103.80 for an upside breakout or under 100.30 AUD/USD … Continue reading →

Gold & CAD | A.M. Look 1/6/12

Posted on 01/06/2012

Gold…Food for thought… Last month on unemployment the Gold was $140 higher. Will we get another unemployment swoon, or will we revert back to the norm of the past few years and put in a trad able low for the rest of … Continue reading →

Aussie & Canada

Posted on 01/05/2012

First off let me thank the wonderful technology company “CQG” for having me basically in the dark for the past 10 hours while their tech people have been inside my brand spanking new Dell trying to sort out glitches in … Continue reading →

A.M. Look 1/5/12

Posted on 01/05/2012

We’re presently trading around the buy levels suggested yesterday in the Aussie and Canada. Currency traders can give it a go… Buy a small long position @ the market if you didn’t have resting orders. We’re keeping it small because … Continue reading →

CADCHF…Long Canadian Dollars/Short Swiss Francs

Posted on 01/04/2012

This chart is Long Canada/ Short Swiss franc.. While the short term charts show that selling Euro & Swiss weakness is problematic, buying hard breaks in the Canada or the Aussie against shorting the Euro & Swiss looks like this … Continue reading →

Gold & Silver, EURJPY critical level | A.M. Look 1/4/12

Posted on 01/04/2012

Metals….all new strength is needed over 1628-30 in the Gold and $30 Silver to start another leg up. I think this will be a day trade until Friday at this point. We’ve seen 3 swan dives after unemployment #’s since … Continue reading →

Risk Commodities, Risk Management A.M. Look 1/3/12

Posted on 01/03/2012

We are in the ” Trading what’s in front of us business” and translating that into returns. So we’ll just let the board unfold and do the same things that made us successful last year and the prior 37 years. … Continue reading →

A.M. Look 12/16/11

Posted on 12/16/2011

Today is our last scheduled update into year end. We will be leaving for client meetings in Asia, returning just before year end. A big thank you to my clientele, you still make it enjoyable to stare at the screen … Continue reading →

A.M. Look 12/15/11

Posted on 12/15/2011

Today is the last day for Dec. Stock Index Futures to trade. This day in September the close was 1204 in the S&P 500 expiring futures. Yesterday’s comments for Day Traders should be reviewed! Utilization time! We were looking for … Continue reading →

Day Traders

Posted on 12/14/2011

Sustained price action under 99.40 AUD/USD is negative. This could lead to a test of the 98. AUD/JPY…76.90-76.50 could be in the cards with more selling of Dollar denominated assets and the straight buying of Dollars. Spu’s…every new low can … Continue reading →