Tag Archives: EUR/JPY

A.M. Look 11/15/11

Posted on 11/15/2011

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 →

A.M. Look 11/10/11

Posted on 11/10/2011

Gold….We’re going to give this a full 20 dollars since we’re looking to make almost 400. I like that risk reward. The stop is under 1747 close in the futures….. app 169.85 in the GLD ETF. Silver…last night’s low needs … Continue reading →

A.M. Look 10/31/11

Posted on 10/31/2011

Last night was all about the Yen and the commensurate crosses. Once again the markets were wrong footed and the BOJ has shown how adept they’ve become with their intervention timing. The lemmings are running wild. AUD/JPY, usually a very … Continue reading →

Yen…Yen Crosses…USD/JPY

Posted on 09/27/2011

The game is afoot. A close over 76.80 USD/JPY (Under App 130.30 Futures) should lead to another figure higher in the straight dollar as well as another figure in EUR/JPY and possibly more in AUD/JPY.. This type of price action … Continue reading →

Yen Futures…USD/JPY

Posted on 08/26/2011

Dr. Nenner this A.M. has put out a recommendation to buy USD/JPY @ 75.50 ( sell Yen). If we get there the stocks will look like they will implode. This level is app 132.45 Sep. Futures. Since this level is … Continue reading →

EUR/JPY…Pattern Alert

Posted on 08/10/2011

A close below 109.07 will put in an outside reversal day to the downside. 108.69 is a key hold level for the RISK ON crowd… A violation of this level will likely lead to a retest of the 105 area. … Continue reading →

A.M. Look 5/31/11

Posted on 05/31/2011

Some of the futures traders were taken out of their short S&P500 futures positions early last night. ETF traders should leave there stops in place. 1346.25 S&P 500 Futures is going to be a key level to close over for … Continue reading →

A.M. Look 5/19/11

Posted on 05/19/2011

The yen crosses are telegraphing more risk on trading early. A weekly close over 116.94 in EUR/JPY puts in an outside reversal pattern to the upside. This area along with 123.80 in the USD/SGD ( Singapore Dollar) needs to be … Continue reading →

A.M. Look 5/17 11

Posted on 05/17/2011

To all my Philistine followers (non-believers) today brings you this months episode of Full Moon Trading. We are Short Spu/Long 30 Yr. Bonds,Long Gold, Silver and JJG with shorts in the Euro and Aussie currencies. We are looking to add … Continue reading →

4/25/11

Posted on 04/25/2011

Let’s start where we left off.. April 15, 2011 9:46:16 AM CDT DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of … Continue reading →