Tag Archives: Aud/Usd

A.M. Look 2/2/12

This market remains a stock pickers paradise. The dating process has found the partners remain somewhat fickle. Good on the first date, not so good the next… The stock rotation makes it tough, with most instruments being an Island unto … Continue reading

Position Update…General Comments

Many of you have lightened up your exposure. TLT…Longs were originally paid for by selling partial positions just over 120 on Monday. We’ll adjust the stop on the remainder in the A.M. MCP…You should have no position left. We originally … Continue reading

AUD/JPY…Pattern Alert

Risk On Barometer 81.80 was last weeks close. A close today over 81.60 puts in an ORH day. This would be a price positive pattern..  

A.M. Look 2/1/12

General Execution Note… Most of you are at your screens for the first few minutes of trading everyday, regardless of your day job. When an instrument is up 5% just after the opening, and 10% in a couple of trading … Continue reading

A.M. Look 1/31/12

It’s Month End…Don’t Fight The Flow… Typically going into end of month instruments tend to go in the direction they have been traveling. This month it’s Equity Indices up,Dollar down,Metals up & Commodities up. These movements are even more pronounced … Continue reading

Risk On …Risk Off

Is that all there is for Risk Off? The present lows in the Equity Indices are good hold levels. Price action back over 1302 (SPU) later in the day will have the shorts running for cover. Price action to new … Continue reading

A.M. Look 1/30/12

We’re still looking at a range bound technical picture in the U.S. Indices. Price action under 1300-02 SPU is needed for any downside to materialize. Given tomorrow is month end, we are likely to hang around these levels unless we … Continue reading

XLE…MCP…Aussie

We’re adding…. BUYING MCP and XLE @ the market. XLE…70.65 stop close… MCP…29.80 stop close… Aussie just double bottomed at 105.91.. Keep your eye on this level for a general risk barometer today. Resistance is now 107-107.22 AUD/USD  

A.M. Look 1/27/12

AUD/USD…Short term Cash & Futures guys that are involved with this recommendation from yesterday, you’reĀ stopped out if you left the order at break-even. 106.08 ( H Futures) was yesterday’s IMM opening (App 106.70 cash). If you’re still involved, this is … Continue reading

General Risk Comments

1312 ish should be a tough level in the SPU’s 1st time in. A lot of individual stocks are giving all their gains back from yesterday. We chose the Aussie short today as the trade Du Jour early showing the … Continue reading