The smooth blue line above is the 200 day Mvg Avg
The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading
Wonders never cease! We’re filled on selling our long FXA which over ran the straight cash level by 20 ticks. Those of you in the futures ( 104.30 H ) or cash 104.85-95 AUD/USD..take your money any where near these levels.
MOO…49.95 Stop Close XLE…..70.40 stop Close DIG… OCO “One cancels the other” sell @ 47.40 or 46.15 stop FXA…OCO…sell @ 104.85 or 103.75 stop OCO orders are designed to take profits at a desired level while leaving a trailing protective … Continue reading
ORH…Outside Reversal Higher…price positive pattern SLB…71.45 BTU…37.55 HAL…36.71..(shows a double top and a double bottom on the weekly…whichever way it breaks out) Euro…128.81 EUR/JPY…98.85 TBT…19.28 ORL…Outside Reversal Lower…price negative pattern 30 yr…. 142.01 Bund…138.43 TLT….117.68 ( this has a weekly … Continue reading
They are in play…should have read Yra Harris ( http://Yrah53.wordpress.com) with both eyes open last night! EUR.JPY is attempting an ORH week with a close tomorrow over 98.85 GBP/JPY …a reversal higher week AUD/JPY…this looks good as well with 80.56 … Continue reading
Many instruments such as AAPL, GS ect have hit their short term upside target’s or elected the Buy stops over recent highs. Now the metal of the market will be tested. Can the breaks hold? 426.30 AAPL, 622 Goog are … Continue reading
Euro…128.81 will be the level to monitor for direction over the next 2 days. A close tomorrow is needed over 128.81 for an “ORH” week. It’s worth keeping an eye on this level to determine whether the Euro remains weak on the … Continue reading
LONG… XLE DIG MOO FXA GLL Stops are as previously stated.
Whether you use an all session chart or a pit only, the 1630’s will be a rough zone. This is where the 200 day mvg avg comes in depending upon which map you favor. Move your BUY Stop in the … Continue reading