Tag Archives: aussie

A.M. Look 12/3/10

First just a couple of general comments about sniffing out the big macro turns: If you’ve been following us for a while you’ll note that we’re usually a couple of days early on the turns, as with the Aussie this … Continue reading

Daytraders 12/2/10

Match up the Aussie numbers with the Spu 97.20-30 Aussie now = the 1215 langer level first time up.

A.M. Look 12/2/10

Core positions are presently long TBT,Aussie,Smh or Soxx index,YCS (short yen) and long JJG ( grain etf) Many of you have key long Gold and Silver holdings with a smattering of miners and selected oil stocks. Stay the course. It … Continue reading

SDS…Currencies

The currencies have tested some very pivotal levels. GBP/USD rejected the reversal monthly close of 156.50 USD/JPY has a short term double top at 84.40 on the daily maps The Aussie tells me nothing yet, however we will add to … Continue reading

A.M. Look 12/1/10

Today going into tomorrow we’re going to find out what chart patterns are real. Last night’s low in the Aussie @ 95.37 is one of the big tells on the board. Macro stops will be building below and should act … Continue reading

Outside reversal update…with positions

Outside reversal months: DXY…..dollar up USD/NOK GBP/USD EURO USD/SGD USD/ZAR….With a double bottom on the monthly 67660 EWA….downside EEM…..downside EWZ….downside DSX…..downside Euro Stoxx 50 VIX……upside In short this is painting a relatively bleak picture for the emerging markets in general. … Continue reading

A.M. Look 11/30/10

It’s the last day of the month and you have the closing numbers listed yesterday for reversal closes. A close today under 95.41 Aussie and we will close out this position.

Aussie Dollar

I’d been mentioning to some of you that I would like to try the Aussie around the 94.50-95.50 area over the past couple of weeks. It’s do or die time for a lot of markets. We’ve got big profits in … Continue reading

A.M. Look 11/24/10

Long Spu/Short Bonds is once again going to be the flavor of the day… I am still looking to sell the big multi point rallies in the 30 yr. via the long TBT trade at the major fib levels. These … Continue reading

11/23/10 round #2

We have just acheived some big tgt levels in the Euro near 133.50 and the Aussie “Second time down to 97.20” Take a long deep breath….this is the time of day for some directional correction