Tag Archives: aussie
A.M. Look 1/13/11
EUR/CHF has been the feature last night as it has been running the Euro for the past week. How big of a correction will this turn into? There could be 2 more figures in this cross or 10 depending upon … Continue reading
A.M. Look 1/12/11
The Aussie,Aud/Cad,Euro have all reached their first set of downside tgt’s yesterday or last night. Currency traders should be patient and wait for good re-tracement levels to try the short side again. The market needs a little time to see if the … Continue reading
A.M. Look 1/6/11
The stocks continue to grind higher with little or no trade to the indices. This price action is very reminiscent of how the nasd traded just before the bottom fell out in 2000, however we’ll be waiting for higher prices … Continue reading
Silver,Gold,OIL,SPU,Aussie
I like the lows we just put in across the board. These are possible capitulation lows for the longs in these instruments for the day session. All contra-trend day trading should be managed against the current lows. Those looking for … Continue reading
A.M. Look 12/28/10
Euro…This dog put in an outside reversal day to the upside yesterday. This coupled with a monthly double bottom pattern still intact from 129.70 puts this on buy the breaks mode. According to Dr. Nenner this currency bottoms this week … Continue reading
Aussie
You should be 100% out of your Aussie….
Price action and stops
Spu has a short term destiny with a 1225 print. A close under 1220 spu today would signal a short term top in the equity markets. Lighten up all long exposure with a close under this level. JJG…the stop is … Continue reading
Metals and Miners
Dr. Nenner has been looking for a possible short term high for the next couple of weeks tomorrow. There is a good chance you’ve seen it with the Silver reaching it’s upside tgt. This is why we have been telling … Continue reading
Spu/Bonds…Aussie
Shorter time frame traders should lighten up in this spread.. This is long the Spu or SSO and Short the 30 yr Bonds ( long the TBT) The Aussie needs a good close over 100.05 to confirm higher in this … Continue reading
A.M. Look 12/7/10
Pretty much all the technicians have similar same level in the equities and the metals. Since this is the first time up to the tgt. in the Silver it’s time to ring the register. Each investor needs to assess his … Continue reading