Tag Archives: Australian Dollar
Metals…S&P 500 Futures…Spu
We’re long Gold and Silver Etf’s ( GLD & SLV) against our short Aussie. I would need to see the Silver back above 38.25 in the futures to hold onto this leg. There is massive selling of the Euro and … Continue reading
A.M. Look 5/5/11
Yesterday we nibbled on some Gold and Silver ETF’s.. Ouch! It’s painful to be early! The pain is only mitigated by the Short Aussie we hold against them.Silver needs to show some kind of a reversal in the next couple … Continue reading
AUD/USD…Aussie Dollar
Let’s take another piece of our short Aussie off at the market. Making money and booking profits is good. Use a break-even stop on the rest.
Aussie…Euro…Silver
Aussie will put in a daily outside reversal day to the upside with a 4 p.m. NYC cash close over 101.20. The commensurate Euro price is 139.28 Silver held early today @ the 34 area and now with a close … Continue reading