Tag Archives: Euro
EURO…Metals…PAAS
I am looking at buying the Euro down in this area today. The Number you have to trade against ( use as a stop) is 145.50 Close. Along that same theme buying weakness in the metals is also on the … Continue reading
EUR/CHF
122.60 EUR/CHF will be a tough level today in this cross. This simply means DO NOT BUY STRENGTH IN THE EURO at this time. You’re actually seeing the Swiss run out of upside momentum based off this cross. The currencies … Continue reading
A.M. Look 6/7/11
We had a swing and a miss in the Corn yesterday. At least it was over fast! Our plan is to keep selling the rallies in the equities. Currency traders should be very wary of selling any kind of weakness … Continue reading
S&P 500 Futures…Euro..Aussie
1309 is the weekly ballgame in the futures. Closing and sustained price action under this level in all likelihood will lead to a trip to the lows of the year.This is a Friday closing level. Extreme care has to be … Continue reading
A.M. Look 5/31/11
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 5/27/31
We got the 2 day rally in the equity indices I was looking for. The Spu printed last weeks close, which was the price action I was expecting. The Bulls would like to see a weekly close over 1335 to … Continue reading
Position Update
We have new people coming on board all the time. I will start with tomorrow’s A.M. update stating current positions on the bottom. It is important to understand that we trade rarely! Our focus is to keep our active traders, … Continue reading
EUR/CHF
Dr. Nenner put out a 122.40 downside tgt. on this cross mid month. I am mentioning this for several reasons, first the condition of the market, this cross is getting very oversold on the very long term time frames,second EUR/CHF … 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 5/24/11
Be patient today and wait to trade on your own terms. 141.60 ish Euro seems a low risk level to try and sell today with a tight stop. It is a little early to tell whether or not the Spu … Continue reading