Tag Archives: Canadian Dollar

A.M. Look 10/26/11

Posted on 10/26/2011

We went short the equities yesterday. At this point, our risk is negligible to see if this can turn into more than a 1 day sell off. Same stops as yesterday. Canada has re-tested the reversal level of 101.02 USD/CAD … Continue reading →

USD/CAD…Oh Canada

Posted on 10/25/2011

Canada is putting in an outside reversal day to the downside. 101.02 USD/CAD….99.13 Dec Futures. One wiggle through parity and it was all over, matching unchanged on the year in the Spu @ 1253. We are mentioning this because Canada, … Continue reading →

USD/CAD…Stops…Safe Haven Price Action

Posted on 07/27/2011

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 →

The Late Show…Position Adjustments

Posted on 07/22/2011

AAPL …396.27 has my full attention…it was up closer to 400 in pre-market after earnings..however, price rejection here can put in a short term double top. A 20-25 dollar break would be healthy for this instrument. NASDAQ 100 Futures is … Continue reading →

USD/CAD…FXC…Canadian Dollar

Posted on 07/21/2011

We have taken off 25% of this trade off. Sell another 25% of your Long FXC near Dr. Nenner’s Tgt of 93.50 USD/CAD ( app 106.75 ish Futures) Raise your stop to break-even.

A.M. Look 7/21/11

Posted on 07/21/2011

Let’s just take a minute to speak about last night’s price action. The metals came close to retesting the weekly highs, while the stock indices tested the support levels we spoke about in yesterday’s A.M. Look. Euro had a big … Continue reading →

Decision Time… Stocks

Posted on 07/20/2011

So far the S&P and the NASDAQ are hanging in there. We want to have a long position by the close if BOTH the indices close higher on the day today. The expectation is that Europe does something to sort … Continue reading →

A.M. Look 7/20/11

Posted on 07/20/2011

USD/CAD The Game plan remains the same with the Canadian Dollar ( USD/CAD-FXC).  Sell 25% of your long FXC on a running of the long term stops @ 94.45 USD/CAD. Sell 25% of your Long FXC near Dr. Nenner’s Tgt … Continue reading →

USD/CAD…Canadian Dollar…FXC

Posted on 07/19/2011

The monthly stops are just below 94.45 USD/CAD ( app 105.76 Futures) Upon a breach of the stops, We are selling 25% of our long FXC position to pay for our stop, which will then be raised accordingly.

A.M. Look 7/19/11

Posted on 07/19/2011

We’d like to thank John Thomas, “The MAD HEDGE FUND TRADER”, for an insightful and entertaining luncheon at his Chicago event, it’s always a pleasure! Lemming Effect Trading…yesterday was more of the same…we sent out the Swiss and EUR/CHF charts … Continue reading →