Pro Tips

USD/CAD…FXC…Canadian Dollar

Posted on 07/21/2011

We have taken off 25% of this trade off. Sell another 25% of your Long FXC near Dr. Nenner’s Tgt of 93.50 USD/CAD ( app 106.75 ish Futures) Raise your stop to break-even.

A.M. Look 7/21/11

Posted on 07/21/2011

Let’s just take a minute to speak about last night’s price action. The metals came close to retesting the weekly highs, while the stock indices tested the support levels we spoke about in yesterday’s A.M. Look. Euro had a big … Continue reading →

Decision Time… Stocks

Posted on 07/20/2011

So far the S&P and the NASDAQ are hanging in there. We want to have a long position by the close if BOTH the indices close higher on the day today. The expectation is that Europe does something to sort … Continue reading →

Stock Indices

Posted on 07/20/2011

ETF Traders When in doubt keep your money and do nothing. As of now do NOT buy any stock indices. WAIT. I would rather miss something than lose money! Futures traders…have Fun playing the game during the night session. It … Continue reading →

SPU…Gold…Price Action

Posted on 07/20/2011

The best of the good news is out. Is this the high for a big sell off again or not? 1315 seems the lowest risk level for short term traders to try a long ( or minimally, not press shorts) … Continue reading →

A.M. Look 7/20/11

Posted on 07/20/2011

USD/CAD The Game plan remains the same with the Canadian Dollar ( USD/CAD-FXC).  Sell 25% of your long FXC on a running of the long term stops @ 94.45 USD/CAD. Sell 25% of your Long FXC near Dr. Nenner’s Tgt … Continue reading →

30 Yr. Bond Futures

Posted on 07/19/2011

126.27 + a few ticks is 50% back for the past 2 years. The daily all session is attempting to put in an outside reversal higher daily pattern.

USD/JPY…Pattern Alert

Posted on 07/19/2011

A close over 79.19 USD/JPY puts in an outside reversal day. The futures match comes in @ app 126.34. If you’re looking for a high in the Yen, this is as good a spot as any! The stop coming in … Continue reading →

USD/CHF…Gold

Posted on 07/19/2011

Matching up the pieces of the puzzle. 82.75-90 USD/CHF will be dollar resistance the first time in. This is app 120.60-70 ish in the Futures. This level should match up fairly well with the Gold around 1575. Any short term … Continue reading →

Gold & Silver…Pattern Alert

Posted on 07/19/2011

1591.40 is the important closing level for the All-session contract. A close below would put in a very trad-able high in the Yellow Metal. Silver…39.64 is the closing # Why, Bonds have rallied creating a full on rush to find … Continue reading →