Tag Archives: Euro
A.M. Look 9/9/11
In Currency land the Euro and Suisse have basically achieved their first Fib tgt’s we put out yesterday. The G-7 meeting is starting. SPU’s…They’ve muddled around all night. This will be an end of day game. Will they or won’t … Continue reading
Dollar Bulls
88.25-50 USD/CHF ( app 113.25 Sep Futures) This is 2 year FIB area that represents support for the Swiss and a trouble zone for Dollar bulls the first time in. Euro..Monthly stops should lie @ app 138.37. The first 2 … Continue reading
Position Update…General Comments
We got stopped out of the GDXJ on the opening and it’s done nothing but rally all day. Screwed the pooch…redux! If you put your trade in as a “stop close only” you’re still in and looking good. SDS…This ETF … Continue reading
EUR/CHF
Obviously last night the Swiss screwed the most amount of traders it could. Let’s take a step back and see what this cross really has to do to change course. 122 is unchanged on the qtr.( last night’s high). Big … Continue reading
Weekend Futures Special…Futures Traders
In a world where every trade is the same trade you can pick your poison. There is always another surrogate trade or low risk alternative once the board changes from Risk ON to Risk Off. Friday into last night was … Continue reading
A.M. Look 9/1/11
I’m semi-in and trying to catch up, so I will just make a few general comments. I am quoting DEC OIL. SEP BONDS still leads for me for another 2 weeks. Pay attention, there is a significant spread to the … Continue reading
A.M. Look 8/29/11
The board has a decidedly “Risk On” bent this A.M. Let’s see if this can continue for a couple of days. EUR/CHF & USD/CHF are key features of last night’s movement. Suisse has just retested Friday’s low of 122.64 Futures ( 81.58 … Continue reading