Tag Archives: Aud/Usd
Position Update
We have new people coming on board all the time. I will start with tomorrow’s A.M. update stating current positions on the bottom. It is important to understand that we trade rarely! Our focus is to keep our active traders, … Continue reading
A.M. Look 5/26/11
This A.M. I have a distinctly you first attitude about any trades. The Gold and Silver have both hit major resistance levels last night with Silver rejecting a 30% retrace of the entire break @ 39. 36.23 will now become … Continue reading
A.M. Look 5/25/11
Risk off continues with Short Euro or Aussie vs. Long Gold. Gold and Silver are both lower on the month and extreme care should be taken watching your short term technical levels. The concern being that with the U.S. Dollar … Continue reading
A.M. Look 5/23/11
Levels to watch this a.m. SPU…1308-11 Euro…139.65…139 AUD/USD…105.04 ( last weeks low)…103.58 OIl ( 98.30) on the first rebound back up. These are the initial support and short term tgt levels. This is a market where you want to be … Continue reading
A.M. Look 5/18/11
Yesterday saw some good lows for now in the currencies,oil and the metals. This was the main reason we were pealing off positions in the SPU/Bonds and covering our Euro and Aussie shorts. The currencies were done more as a … Continue reading
SPU/BONDS …Currencies
We are presently stopped out of the Euro with a 20 tick loss and another 1/3 of our SPU/BOND spread (Really Nice Winner) on our trailing stop. We still have a 1/3 position left. We’re still short the Aussie, however … Continue reading
Currency Stops..Euro & AUD/USD..Follow up
We were stopped on the last piece of our Silver (SLV) The jury is out if we get to the 200 day or not for a chance to re-buy before month end. AUD/USD…EURO shorts…we will use stops just over last … Continue reading
EURO…AUD/USD…AAPL
Sell some Euro & Aussie @ the market. The closing stops are close so it’s a low risk look. Start small..today’s highs came within 20 points or so of resistance in both currencies. AAPL acts abominable! A close below 337.90 … Continue reading
Price Action
EUR/CHF needs under 125.10 for more Euro weakness. Selling Euro,GBP, Aussie or Canada on weakness can prove hazardous to your equity. The Pounds,Canada,Aussie and EUR/CHF have all held for now. Today’s early A.M. lows matching Fridays lows are holding at … Continue reading
A.M. Look 5/12/11
For day-traders it will be another opportunity filled day ( pick your poison and your level wisely). Yesterday we bought the 30 year bonds with a 6 tick stop which we thought at the time was the lowest risk side … Continue reading