Tag Archives: Euro
A.M. Look 5/23/11
Levels to watch this a.m. SPU…1308-11 Euro…139.65…139 AUD/USD…105.04 ( last weeks low)…103.58 OIl ( 98.30) on the first rebound back up. These are the initial support and short term tgt levels. This is a market where you want to be … 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 5/18/11
Yesterday saw some good lows for now in the currencies,oil and the metals. This was the main reason we were pealing off positions in the SPU/Bonds and covering our Euro and Aussie shorts. The currencies were done more as a … Continue reading
SPU/BONDS …Currencies
We are presently stopped out of the Euro with a 20 tick loss and another 1/3 of our SPU/BOND spread (Really Nice Winner) on our trailing stop. We still have a 1/3 position left. We’re still short the Aussie, however … Continue reading
Currency Stops..Euro & AUD/USD..Follow up
We were stopped on the last piece of our Silver (SLV) The jury is out if we get to the 200 day or not for a chance to re-buy before month end. AUD/USD…EURO shorts…we will use stops just over last … Continue reading
EURO…AUD/USD…AAPL
Sell some Euro & Aussie @ the market. The closing stops are close so it’s a low risk look. Start small..today’s highs came within 20 points or so of resistance in both currencies. AAPL acts abominable! A close below 337.90 … Continue reading
EURO
140.61 was last months low, we printed a lower low of 140.48 early a.m. Simply put you now have the potential for a double bottom on the monthly chart. You could see some short term strength this week. Euro bears … Continue reading
Price Action
EUR/CHF needs under 125.10 for more Euro weakness. Selling Euro,GBP, Aussie or Canada on weakness can prove hazardous to your equity. The Pounds,Canada,Aussie and EUR/CHF have all held for now. Today’s early A.M. lows matching Fridays lows are holding at … Continue reading
EUR/USD…Weekly Continuation
The technical levels coming down in the Euro are 141.40,140 and 139. Pay close attention to the British Pounds! A close today under 161.60 cash app 161.25 futures is a Dr. Nenner go short #. So beware of the match in … Continue reading