Tag Archives: Aud
Aussie
Let’s take the last piece of the short Aussie off at the market. Time to go into Holiday mode.
A.M. Look 12/16/10
The whole board this a.m. shows contra trend relief moves from yesterdays big directional moves…. The euro needs a close under 131.80 to extend down.. Yen got the stops in the futures in the low 118’s as the straight Usd/Jpy … Continue reading
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
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
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
A.M. Look 11/12/10, 8:09am
You’ve seen most of the extremes last night in the markets albeit Spu, currencies, Bonds, followed with a commensurate commodity sell off. Remember, pretty much every trade is the same trade. Price action wise I’d expect the spu to try … Continue reading