USD/JPY…is winding up for another move. If the chart pattern in AUD/JPY is true, ( ORL day) yesterday with follow through last night, this could be the start of a rebound in Yen Futures. The dollar point & figure is … Continue reading
This just double bottomed.. We still like this stock! Yes, we were stopped out however we are still friendly to this name. 9.29 is the 200 day mvg avg. Closing above this keeps it on a positive footing. Either buy … Continue reading
Yen Futures…113.45 (app 88.14 USD/JPY) is the first minor resistance. EUR/JPY…stops are below 117.59. 116.85 should be a level for a bounce the first time down. AUD/JPY…put in a new high by 2 ticks last night and is now in … Continue reading
ANR is up 10% since we bought on 1/3/12. Intermediate resistance comes in today from 10.75 to 10.90 Sell 25% out at your discretion and pay for the trade.
First tgt area is just over 11. If this goes parabolic today, pay for your trade anywhere near the 11 level.
Buy ANR @ the market. The stop will be just below today’s low, which is the 200 day mvg avg. Idea courtesy of Nenner Research.