Tags
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
Aussie
The macro stops are just a few ticks lower at 98.27 ish cash. Day traders can finesse the area, Longer term guys take another piece of the shorts off by 2: P.M. central time.
AUD/CAD
This is one to put on the radar….We’re short the Aussie… The Canada seems to be a big beneficiary of the dollar rally we’re seeing today. A weekly close under 98.61 in this cross will indicate more downside in the … Continue reading
A.M. Look 12/15/10
In keeping with my comments yesterday about trading to make money this time of the year, We’ll take 20-30% of the short Aussie off at the market to pay for our stop. The copper chart shows the potential of more … Continue reading
Aussie
Add another 20% to the short Aussie position at the market with the same stop. It is a closing stop over 100.50 cash.
Aussie
Time to take a 30% short position in the Aussie against a close over 100.50..CASH This one might be a day or two early, however we know where we are wrong. Short the Aussie becomes a hedge against the remainder … Continue reading
TBT
Time to take our money before the Fed.. Let’s take 70% of this trade off… Sell 70% of your TBT at the Market! If there was ever a day set up for a drubbing this is it.. Book the money. … Continue reading
A.M. Look 12/14/10
Two comments in currency land this a.m. 1) The Aussie @ 100.19 cash has printed my initial target for this short swing from yesterday. The futures fell 10 ticks shy. There is a possibility of another 30-40 points before price … Continue reading
Bonds…Pattern Alert
There is now a possible weekly double bottom in place the the Dec. 30 year after making a lower low form last week by 2 ticks.. A close over 123.25 Dec…122.08 March would mean we’ve seen the low for a … Continue reading
A.M. Look 12/13/10
Currency futures expire this a.m. at 9:15 central time. Short term traders should focus on the Aussie for opportunity over the next couple of days. Usd/Jpy is pretty much unchanged on the quarter….long term stops are building over 84.40 Usd/Jpy … Continue reading
JJG
JJg just double topped at 50.50 on the daily charts. A close under 49.42 will be a liquidation of this position. Take the 10+% and forget it.