Tag Archives: Forex Markets
A.M. Look 10/27/11
Just a welcome and a caveat for our new readers, we need your help to be successful. We are not always in front of the screen, e-mailing about every wiggle in the market. To that end, we continually try to … Continue reading
USD/CAD…Oh Canada
Canada is putting in an outside reversal day to the downside. 101.02 USD/CAD….99.13 Dec Futures. One wiggle through parity and it was all over, matching unchanged on the year in the Spu @ 1253. We are mentioning this because Canada, … Continue reading
30 Yr. Bonds…Risk Off
The board is clearly RISK OFF since we wrote about the matches early this A.M. AUD/JPY…failed at 80.00, another key market Tell. This cross has been a great Risk barometer. It has been acting as a leading stock indicator. When … Continue reading
Aussie General Risk off
Every trade is the same trade, meaning that all the instruments are trading either Risk On or Risk Off. One mirrors another. This weeks AUD/USD stops are under 101.18 cash. Take another 50% of your remaining short position off if … Continue reading
AUD/USD…Shorts
If you haven’t already…. Pay for your trade! Buy 25% of your shorts in @ the market.
Price Action…Aussie
The markets are trading off the oil high…You have to pick a side of the market to trade from.. The S&P is unchanged on the week. My view is that which ever side you pick the risk is small. A … Continue reading
A.M. Look 10/19/11
The levels in the S&P have not changed. 1230 then 1253 is next on top. The Dow is unchanged on the year, the Nasd is up 140 points, with 1253 being last years close in the S&P. The dips in … Continue reading
A.M. Look 10/17/11
It looks like reality is setting in on this equity rally. The first chink in the Armour was AUD/JPY last night off the 80.00 level. That completed an 8 figure move off the last lows ( an average standard deviation … Continue reading