Tag Archives: Australian Dollar

Aussie…

AUD/USD…the ORH # is 106.87  ( 106.55 H Futures)  

AUD/USD…SPU…Risk Assets

We’ve just reached the daily swing counts in the SPU 1284 and a great level in the DJI of 1228, which is the August high. Aussie needs sustained price action and a close Monday over 107.66 for more Risk ON. … Continue reading

A.M. Look 10/27/11

Just a welcome and a caveat for our new readers, we need your help to be successful. We are not always in front of the screen, e-mailing about every wiggle in the market. To that end, we continually try to … Continue reading

A.M. Look 8/1/11

We’ve seen the euphoria that goes with positive statements out of D.C. Now will an ugly reality set in during our day session as the votes are tallied and the details of a deal become clear? In currency land the … Continue reading

A.M. Look 7/29/11

It’s the last day of the Month: The overnight low in the Spu was app the 200 day mvg avg. ( 1282 ish), NASD shows value at 2295-2310 first time down…I would still like to see AAPL print 378-80 to … Continue reading

USD/CAD…Stops…Safe Haven Price Action

Currently USD/CAD is having difficulty with the 94 level. A close today over 94.80 will have us sell the remainder of this position. We’ve been stopped out of Cat…( “The dog with the least amount of fleas” Gordon Gekko ..after … Continue reading

Opening Range Trades

This type of trade can often set the tone for an early day trade or the early week bias out of Asia. It’s not a hard and fast rule, but more of a conceptual idea to trade from a side … Continue reading

AUD/USD…AUSSIE DOLLAR

As of now, last nights low in the Futures and the Cash should be quite telling for the whole “Risk On” scenario. If the stocks hold early short term traders will have less risk buying the Aussie on a dip … Continue reading

S&P 500 Futures…Euro..Aussie

1309 is the weekly ballgame in the futures. Closing and sustained price action under this level in all likelihood will lead to a trip to the lows of the year.This is a Friday closing level. Extreme care has to be … Continue reading

GLD

Use a 146.20 stop on the GLD intra day for that side of the spread. We’re Short Aussie/ Long Gold. This means we are just staying short the Aussie ( Long U.S. Dollars) if we get stopped on the Gold … Continue reading