Tag Archives: Aud/Usd

Opening Range Trades

Posted on 07/27/2011

This type of trade can often set the tone for an early day trade or the early week bias out of Asia. It’s not a hard and fast rule, but more of a conceptual idea to trade from a side … Continue reading →

A.M. Look 7/27/11

Posted on 07/27/2011

The main feature last night was the Aussie. Major stops were elected over 110.20. 110.81 ( 1979 low)-111( opening of trading in the AUD/USD 1971) is the resistance I show. 111 is a huge # for me on a lot … Continue reading →

A.M. Look 7/26/11

Posted on 07/26/2011

It’s all about the Dollar. The Dollar is off against all major currencies from the Mxn Peso,Ruble,RAND, KIWI,SEK,NOK SING,YOU NAME IT… Significant levels… EURO/USD….145.20ish….144.50 close AUD/USD….110.14 = 2/3 rds coming back for life of Currency…possible double top area on the … Continue reading →

A.M. Look 7/11/11

Posted on 07/11/2011

Today traders should pay close attention to last Friday’s lows in the Equity indices and 118.07 EUR/CHF. There are stops building under these lows. This will make today another price action trade. Pressing follow through the first time at these … Continue reading →

ROAD TRIP

Posted on 07/08/2011

I will be in Europe meeting with clients next week Do not expect updates through mid week Use a break-even stop for the EWH AAPL…use a 354 stop close on any remaining longs. AUD/USD…For those of you who are trading … Continue reading →

AUD/USD

Posted on 07/08/2011

If you’re not already Long, Take a small position, Long the Aussie, with a stop below today’s low.

SPU…AUD/USD

Posted on 07/08/2011

1335.75 is the key level in the S&P 500 Futures. ( a close below puts in an outside reversal all session pattern) This matches 107.22 in the Aussie…. We need to maintain above these levels for the market to rally … Continue reading →

A.M. Look 7/8/11

Posted on 07/08/2011

In yesterday’s session we took off the rest of our long exposure in the SPU & NASD futures. Those of you that had Miners or AAPL either took it all off or are down to 25% positions with trailing stops. … Continue reading →

Trailing Stops

Posted on 07/07/2011

As they say ” We’ve come a long way BABY!” in a very fast move. Investors should be out of the bulk of their long AAPL & Miners. If you wish to keep a small token 25% stake with a … Continue reading →

Position Update

Posted on 07/07/2011

We are officially flat the equity index Futures. We are still long AAPL and EWH… Many of you are involved with Long AUD/USD…this is a lower risk trade at these levels. This is also a great surrogate for a Bullish … Continue reading →