Tag Archives: CME Group Futures

XLE…MCP…Aussie

We’re adding…. BUYING MCP and XLE @ the market. XLE…70.65 stop close… MCP…29.80 stop close… Aussie just double bottomed at 105.91.. Keep your eye on this level for a general risk barometer today. Resistance is now 107-107.22 AUD/USD  

A.M. Look 1/27/12

AUD/USD…Short term Cash & Futures guys that are involved with this recommendation from yesterday, you’reĀ stopped out if you left the order at break-even. 106.08 ( H Futures) was yesterday’s IMM opening (App 106.70 cash). If you’re still involved, this is … Continue reading

General Risk Comments

1312 ish should be a tough level in the SPU’s 1st time in. A lot of individual stocks are giving all their gains back from yesterday. We chose the Aussie short today as the trade Du Jour early showing the … Continue reading

TLT…30 Yr. Bonds

We are starting a long position. The Risk is to a new low today in the 30 Yr. Bond Futures. Trade size is commensurate with the risk you can handle. A close today over 17.05 in the TLT is positive … Continue reading

Risk Trades…MCP…Aussie Dollar

Resistance in the Aussie is definable…107-107.22 AUD/USD …Long Aussie = Long Equities… Shorter Term traders should be trying the short side of the Aussie here with a tight stop. MCP.. a close above 30.45 is needed for an ORH week…this … Continue reading

Yen…USD/JPY

The 200 day in the yen futures comes in app 127.50 (H) USD/JPY level is app 78.45 + a small wiggle of a few pips for the forward. This will be a level in the straight Yen to watch for … Continue reading

A.M. Look 1/25/12

The levels we’ve been using this week have not changed. Currencies…it’s the Yen crosses which have been the feature. EUR/JPY, AUD/JPY looking a little tired on the daily charts. Bunds…show a double bottom on the daily @ 137.18. OIL…98.15 is … Continue reading

Yen…EUR/JPY…AUD/USD

Yen…128.35-45 H Futures is where the first bounce can come from. This is an exit zone the first time down. Sustained price action and a close under this area, will lead to a whole new swing down in the Yen. … Continue reading

Making the Most of A.M. Look

Utilization…Playing the lotto with Tgt’s…the more the merrier. Early yesterday we were focused on the Equity/Bond spreads both here and in Europe. In the first half hour of NYSE trading we saw tgt levels get hit in the SPU,30 Yr … Continue reading

Positions…Pattern Alert SPU

You should now have enough Long SDS to totally cover any long exposure. The stop in the S&P 500 Futures is a new high. All other instruments ….stops should be raised… MOO…50.90 XLE… 71.30 X …27.90 Note the above stops … Continue reading