Tag Archives: Aud/Usd
#’s that matter
I’m putting these levels out just in case it gets really nuts today. In a world where every trade is the same trade being prepared is key. Aussie…macro stops are 95.40 cash. 93.80-94 is the next significant level down. Euro..133.85 is … Continue reading
A.M. Look 9/23/11
Silver is taking out the long term monthly stops, 32.25 ish is the next Fib Support. Then you should look for 29. Spu..There are some monthly moving avg lines coming in just over 1100 where we rallied from yesterday. Once through it’s … Continue reading
A.M. Look 9/22/11
Euro…134.25 is the first major fib. Aussie…98.00 is the first monthly level of any significance. USD/CHF…The mid to high 93’s will be the first big area..108 ish in the Futures looks tough the first time in. In short we’ve just … Continue reading
A.M. Look 9/20/11
Yesterday’s close had us tightening up our overall risk in our portfolio. Sometimes it’s just better to clean house and remain with what’s working the best. We trade to make money not to be right! I know everyone is chomping at the … Continue reading
A.M. Look 9/19/11
The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading
A.M. Look 8/16/11
I have no great ideas this a.m., just a couple general observations: USD/CHF looks to need back over 79 USD/CHF ( app 126.75 futures) for the board to have a risk on footing. AUD/USD & EUR/CHF highs yesterday were both … Continue reading
S&P 500 Futures…SSO…AUD/USD
Any price action over 1197.75 today will be used to liquidate the rest of our longs. That’s right, although we may rally a further 20 points I am taking the money! 105.05-25 Aussie should prove troublesome the first time up as … Continue reading
8/9/11
Last night’s lows in the Oil came very close to completing a 50% re-trace from the 2008 low of $33. Aussie…102.88 will become pivotal.. The SPU & NASD will continue to be highly volatile….SPU/BOND spread was almost enticing last night … Continue reading
8/8/11
The S&P retested Friday’s low early last night putting in a double bottom pattern on the point & figure charts. If this area is violated we will start moving in roughly 20 point increments, possibly as low as the mid … Continue reading
A.M. Look 7/29/11
It’s the last day of the Month: The overnight low in the Spu was app the 200 day mvg avg. ( 1282 ish), NASD shows value at 2295-2310 first time down…I would still like to see AAPL print 378-80 to … Continue reading