Tag Archives: Currency Crosses
Risk Off….Trade Alert!
We will honor the chart patterns in the Currency Crosses and the Midcap 400. We’ll start a short position… BUY SDS MOC ( Market On Close)
A.M. Look 3/13/12
Spu’s…The June (M) contract is trading at a 6 dollar discount to the front month March (H). Price action will revolve around 1377 (H). Maintaining above 1377 (H) will keep the equity indices on a firm footing. ” More Risk … Continue reading
CAD/JPY…Long Canada/Short Yen
We’re going to start a position in this Currency cross. Cash traders can just buy the spread. Futures traders..we’re buying the Canada Futures, traded on the CME, while selling an equal # of Yen Futures. ETF traders…you can try it … 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
Yen Crosses
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
USD/BRL ( Brazilian Real)…USD/CHF ( Swiss Franc)…USD/CAD ( Loonie)
177.70 ish USD/BRL should be a reasonable Risk On barometer. Under this USD/BRL level, Risk assets will be in vogue. Over, ( trading towards 180) Risk assets will be less attractive. The Swiss Franc keeps attempting to come back to … Continue reading
A.M. Look 8/12/11
Today will be another price action day. The overnight low in the Spu was a natural retest to the downside from a major technical resistance level. So far the re-test held. Now we will wait to see how the market … Continue reading
EUR/CHF…LONG EURO/SHORT SWISS FRANC
Everyone has been selling Euro since the opening bell in Asia last night. EUR/CHF has quietly rallied a figure from the early lows in NYC session.I am sending this chart as a visual aid for any Euro bears! This cross … Continue reading
GDXJ…OXY…SPU/BONDS…CAD/JPY
I am liking today’s low in OXY and the Junior Miners for a trade. The stop is just below today’s low in both. I have not calculated a potential upside but at least I do have the stop for any … Continue reading
NASD…QQQ…AAPL…Yen Crosses
A close today above 2350 NDM ( June nasd) or 57.50 QQQ will be a go long signal on Dr. Nenner’s work. This is a signal we will take and buy the QQQ and AAPL as well. The precious metals … Continue reading