Tag Archives: EUR/AUD
Australian Dollar Trade Alert!
BUY 1 DA6U ( Sept Australian Dollar Future) @ the market. FX traders just buy the cash AUD/USD. Do this on an equal weighting to spread up the present Short Euro position. We will now be Short Euro/Long Aussie on … Continue reading
A.M. Look 6/3/14
Stocks… MVV…(Midcap 400) is the index with a potentially bullish pattern. It will be important to see if this holds up today into Thursday A.M. to see if it is indeed the start of another leg up. Bonds 10 yr. … Continue reading
A.M. Look 5/29/14
Stocks… PCLN…1276.75 is the monthly ORL #. A Friday close and sustained price action over this level on Monday would generate new upside targets. TWTR…is trying to bottom. Those that wish to buy this should use a 32 stop on … Continue reading
A.M. Look 5/21/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above leads to an upside breakout. Bonds 30 yr. Bonds… 136.27 should be monitored for tone on the SPU/BOND spread. FX… EUR/JPY…138.06 is 200 DMA support and is over … Continue reading
Stop Orders…Reminder!!!!
Your working orders…. BUY EUR/AUD @ 148.20 Stop GTC… Yen Futures… BUY 2 ( 50% of the Position) JYAM @ 98.93 Stop. BUY 2 ( 50% of the Position) JYAM @ 98.17 OCO 98.93 Stop These are all session 24 … Continue reading
EUR/AUD…Position Update
We’re filled on EUR/AUD. We’re now short the Euro & Long Aussie. I was hoping for a little different set up. We need to see this change direction in the next 45 minutes to be right the level. Stops are … Continue reading
A.M. Look 5/20/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above 3625 could get you another 50 points. IWM…is at a major inflection level after a 2 day rally into major mvg avg resistance. A close over 111.25 is … Continue reading
Europe
Dax is done rallying for a while with a potential ORL day. Euro…price action above 137.33 will run out all the weak shorts. Italian 10 yr…the Italian Bonds have blown off. EUR/AUD…is attempting an ORH day. This is still a … Continue reading
A.M. Look 5/15/14
Stocks… Spu’s…sustained price action under 1882 is needed for a further sell off. Nasd 100…still needs under 3575 to do any pattern damage. DAX…9600 is today’s support. FTSE…6995 is the 1999 high with resting buy stops above. This is the … Continue reading
A.M. Look 4/21/14
Stocks… NFLX…A close above 353 is needed for more upside. JPM…55.55 is resistance and the upside pivot. Watch for market tone in the financials. It’s short-term oversold. Midcap 400 ( MVV)….are into resistance. Bonds 30 yr….133.16-18 will be pivotal. TBT…66.24 … Continue reading