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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
Daily observation
Eur/Jpy…Eur/Chf are positive on the day ( choose your resistance wisely in the Euro) FXI..has held a big level on the downside.. Both Gold and Silver have held support for now. We will be looking to add to our long … Continue reading
REE….Rare Earths
I love scalping this! Go to a 25% position. Buy a little at the market. Macro stop is still 11.90.
A.M. Look 2/10/11
The currencies are the main feature across the board this a.m.( The Dollar is stronger across the board) The Euro having reached it’s resistance yesterday is now back at the weekly support area. USD/JPY is back to the model breakout … Continue reading
Spu/Bonds
It’s all about this spread the rest of today into tomorrow. Price action in the 30 yr. will pressure the Spu.
30 Yr. Bonds….Day Traders
Day Traders…Pit only or all sessions chart should have you focused on 118.10 later in the morning. The Bonds are getting oversold down here which brings price action opportunity mid-week. Action above 118.10 can lead to a lot of short … Continue reading
A.M. Look 2/9/11
The early action looks to be muted, the entertainment will have to wait for the API #’s in Crude and Uncle Ben’s testimony later in the morning. As previously stated: the Euro is strong on the crosses! Look instead to sell 80 point … Continue reading
Euro…EUR/GBP
EUR/GBP..is getting into Fib land..160 ish in the Pound will be a tough level to press shorts the first time in. I am bringing this to your attention for 2 reasons: 1) I want to see how the Euro reacts … Continue reading
A.M. Look 2/8/11
It will be a day traders kind of day. Price action below 1314 on the Spu P&F shows a little more weakness in the Index. Price action over 1320… the P&F’s show more strength. All the action is in the … Continue reading
CAT…IBM…GE
Price action under 98.70 is needed to run out the weak longs in CAT. IBM…Sustained price action back below 164.20 is needed here. GE… The price tgt. is about a dollar higher.. In the meantime do not fight the Spu/Bond … Continue reading
FCX…
Freeport-McMoRan Copper & Gold Inc. 57.60-70 is the level to watch for tone. This is daily and weekly resistance. Sustained price action above this level would signal further gains to come in the metals complex.