Tag Archives: Aud/Usd
AUD/USD
Let’s get a starter position going SHORT Aussie @ the market! Keep in mind that you’re real stop is 80 points higher!
AUD/USD
Last night’s high in the Aussie basically completed a 40 year journey trading within ticks of the all time 2/3rd’s. As previously discussed, the Aussie has historically been a good risk indicator. Strong Aussie=strong equities. This is another piece to … Continue reading
A.M. Look 4/28/11
Red light …Green Light trading.. The Bonds aren’t breaking and the Fed seems to have the rates where they want them. My eyes just keep taking my focus to the Aussie and the 110.30 level which is THE major Fib … Continue reading
A.M. Look 4/27/11
Once again the global game of chicken with the Fed is being played out in the currency markets. It’s all about the Yen crosses! Yesterday’s close in the 30 yr Bonds was unchanged on the year, right where the Fed … Continue reading
A.M. Look 4/13/11
“Matches and targets” We are a big fan of Charles Nenner’s model work. His targeting system and model work for ( TREND) breakdown’s is par excellence. Yesterday was a perfect example on how to use his technical work. Gold,Aud/Usd, Usd/JPY … Continue reading
AUD/USD…AUD/JPY
102.50 AUD/USD is still the main driving pivot for the straight Aussie, and will prove a pivotal level for any pros legging the yen crosses. You can review last weeks #’s…they have not changed!
A.M. Look 3/25/11
Last qtr’s high in the Aussie was 102.58…monitor this level! Price action above and it goes again…It will need a close below 101.60 AUD/USD to confirm a double top high. I think this unlikely with the stock strength I am … Continue reading
Aussie…GDX…MCP
It was cheap Insurance. At this point I would just push the trade and forget about it. The Spu needs sustained price action under 1290-91 for this trade to work. Notwithstanding the Metals and the GDX are still showing lots … Continue reading
Bull or Bear?
Time to pick a side. If you’re bearish stocks sell the Aud/Usd with a stop over last night’s high. Futures traders should use a stop 12 ticks over the day session high. We’ll see what we get. Investors that are … Continue reading
A.M. Look 3/24/11
Spu/bonds are still going after the rejection of the old continuation double top in the Bonds of 122.08 from earlier in the year ” This was the # that the March contract took 2 months toget over. It’s has proved … Continue reading