Tag Archives: EUR/GOLD

A.M. Look 11/15/11

It’s not a good morning for the risk on crowd. We would have been much happier if we just sold the Euro as a hedge against our portfolio. Short Euro/Long Gold..has been working for a while. Short Euro/long anything seems … Continue reading

EURO…EUR/CHF…Weekly Pattern Alert…Precious Metals

The Euro is attempting an outside reversal week to the downside with a close below 143.28. This is a Dollar bullish / Euro Negative pattern. EUR/CHF is attempting the same pattern and a close under 112.59 is needed. This cross … Continue reading

A.M. Look 5/25/11

Risk off continues with Short Euro or Aussie vs. Long Gold. Gold and Silver are both lower on the month and extreme care should be taken watching your short term technical levels. The concern being that with the U.S. Dollar … Continue reading

A.M. Look 5/20/11

Current holdings are a 50% position in the JJG which was initiated May 12th against the 200 day moving avg. We have taken a piece of this trade off each of the past 2 days. Many of you long term investors still … Continue reading

A.M. Look 1/31/11

Early Asia showed us all the extremes ( highs in the gold ,silver,oil) (lows in the Aussie,Euro,Spu). It’s the last trading day of the month! Not a good idea to fade the monthly directional flows today. The flow is long … Continue reading

A.M. Look 1/20/11

Bonds..They act like whale duty floating at the bottom of the Ocean. Until they close higher on the year stay the course. We’ve had enough positive scalps here that we’ll close our eyes and let the market take us out. … Continue reading