Tag Archives: aussie
Risk Trades…MCP…Aussie Dollar
Resistance in the Aussie is definable…107-107.22 AUD/USD …Long Aussie = Long Equities… Shorter Term traders should be trying the short side of the Aussie here with a tight stop. MCP.. a close above 30.45 is needed for an ORH week…this … Continue reading
Yen…EUR/JPY…AUD/USD
Yen…128.35-45 H Futures is where the first bounce can come from. This is an exit zone the first time down. Sustained price action and a close under this area, will lead to a whole new swing down in the Yen. … Continue reading
Aussie…FXA
Wonders never cease! We’re filled on selling our long FXA which over ran the straight cash level by 20 ticks. Those of you in the futures ( 104.30 H ) or cash 104.85-95 AUD/USD..take your money any where near these levels.
Stops
MOO…49.95 Stop Close XLE…..70.40 stop Close DIG… OCO “One cancels the other” sell @ 47.40 or 46.15 stop FXA…OCO…sell @ 104.85 or 103.75 stop OCO orders are designed to take profits at a desired level while leaving a trailing protective … Continue reading
Pattern Alert…SPU’s…S&P 500…MCP
The only # that really matters now is 1272.70 Spu Pit session. A close below this level would put in an interim top in all risk assets with a ORL ( outside reversal Lower day) It remains to be seen … Continue reading
Position Update…SDS
I am leaving this stop alone..”17.90″ You should have sold out a portion of all other LONG instruments to pay for your trades.
A.M. Look 1/17/12
We have a Risk On Bias in our portfolio after adding the Oil Etf’s and the Aussie late Friday, un hedged against the Long SDS. The capital flows clearly show Europe looking for safe places to protect their assets. GOLD… … Continue reading
XLE…DIG…FXA ” Aussie”
We are buying a very small position in Dig and XLE Leave the stop as is in the SDS This will leave us with a small risk on bias. The Aussie is still holding. For those that can’t trade futures … Continue reading