Tag Archives: Euro/Gold
A.M. Look 5/10/11
The bargain hunting continues after last weeks sell off. We now have no current positions. Our trailing stop in the Aussie Dollar was elected on the close yesterday. Silver resistance is 39.75-40.00 dollars ( a 30% bounce off the recent low). 1520 … Continue reading
Lemming Effect 101
Once again the directional capital flow has ended with London’s session. Today as yesterday there was heavy Euro selling and buying of Gold early, only to see the Long side of the spread which is presently Gold, get kicked out … Continue reading
Euro…EUR/GBP
EUR/GBP..is getting into Fib land..160 ish in the Pound will be a tough level to press shorts the first time in. I am bringing this to your attention for 2 reasons: 1) I want to see how the Euro reacts … Continue reading
TBT..30 YR. Bond Futures….Panic!
Any remaining TBT longs should use a 38.70 stop close. Do not be a hero and pick a spot to sell oil. Panic can take it to 90 ish. The board is selling Euro VS. buying Oil and the metals. … Continue reading