Tag Archives: Euro
A.M. Look 10/3/11
One of the main features of last Qtr were the outside reversals in the dollar against the Singapore Dollar, Aussie, Canada and Brazilian Real. These chart patterns were a reflection of Global DE-leveraging or better known as the “Risk Off Trade”. … Continue reading
A.M. Look 9/26/11
Looks like the Asian session got a little wild last night. Let things digest a bit before you start swinging today. Gold re-traced to the 200 day mvg. avg and held around 1535. Euro…new lows for this move with a big … Continue reading
#’s that matter
I’m putting these levels out just in case it gets really nuts today. In a world where every trade is the same trade being prepared is key. Aussie…macro stops are 95.40 cash. 93.80-94 is the next significant level down. Euro..133.85 is … Continue reading
A.M. Look 9/23/11
Silver is taking out the long term monthly stops, 32.25 ish is the next Fib Support. Then you should look for 29. Spu..There are some monthly moving avg lines coming in just over 1100 where we rallied from yesterday. Once through it’s … Continue reading
A.M. Look 9/21/11
We’re down to one small position. We’ve taken our money and it’s time to be patient. If you want a little food for thought about today’s Fed meeting …read Yra..http://yrah53.wordpress.com/2011/09/20/awaiting/ Today will be a big day on a lot different levels. I … Continue reading
Swiss Franc Futures…EUR/CHF…USD/CHF
Shown here is the Swiss Futures. USD/CHF looks the same. The Suisse is attempting an outside reversal day lower with a close under the 200 Day Mvg Avg. ” app 113.60 (Z)”. “88.20 USD/CHF”, which is right where it opened … Continue reading
Single Stocks
Let’s take another 25% of our Longs off. Raise all stops to just below unchanged on the day. “meaning yesterday’s close” What’s sticking in my craw today is the Euro attempt at the Trend line breakout of 139.50..We just missed … Continue reading
EURO
Let’s take a small short in the Euro with a 40 point stop. Sell the Euro with a stop over 138.30.
A.M. Look 9/12/11
Early London saw the Euro trade into the 134 handle. This is close to a 50% retrace of the past 2 years. It also led to the first contra trend reversal in 6 cents. This move is long in the … Continue reading
Uncle Buck
The outside reversal week in USD/NOK looks to be a lock. Last week it was the Brazilian Real, UUP, and the Dollar Index The average big standard deviation move in a major currency is usually 8-10 figures. You got that this week … Continue reading