Tag Archives: Euro
A.M. Look 11/17/10
Some of you sold the (F) oil yesterday. Keep your stop where DR. Nenner suggests. Oil inventories are out today and Dec. Oil expires Friday. This generally increases volatility. This trade is a great example of Charles system at it’s finest. You have … Continue reading
Euro,Aussie,Silver, 11/16/10
I am taking the rest of the short Euro and Aussie off right here. Those of you that are very bearish can use a trailing stop above today’s highs. The best course of action is to book the money.. You still have … Continue reading
Currency Traders, 11/16/10
83 oil will be pivotal for dollar follow through. A good break of this level will add to further weakness in the Euro and Aussie. This has been a good trade..take some more Euro and 1/2 the Aussie off the table. … Continue reading
A.M. Look 11/16/10
Bonds…The bonds have telegraphed and led the moves in the currencies.. Higher Yields = Higher Dollar… yesterday we alerted you to the significance of the Bond futures low and to take some money off the table..Money is good! When a move is this swift … Continue reading
A.M. Look 11/15/10, 8:11am
Current positions Short Euro / Long Gold Short Yen ( Long Usd/JPY) Short bonds ( long TBT) Long emerging markets This a.m. we’ll be paying attention to the Euro at 136 (short term tgt support) and the Gold closing stop of 1355. Remember we legged … Continue reading
Gld…gold, 11/12/10, 1:05pm
Those of you who sold the Euro this a.m. can buy a little GLD against the short Euro position with a 133.60 stop. The matching level in the Dec. Gold futures is just below 1357.
Hamster trading…Euro, 11/12/10, 10:34am
Cover a portion of your Euro when the spu prints into the high 1190’s to pay for your stop. Move your stop to 137.85 cash
Euro…. 11/12/10, 9:30am
Those that are bullish dollars can try and sell the euro here with a 25 point stop over today’s high. Trade location and risk management….This is as good a level as any for today.