Tag Archives: Forex Markets
Utilization Note
Utilization Note… We try to write levels in instruments that we feel are germane to the capitol flow of the entire board. In other words, a particular number or level which we feel will effect a wide array of asset … Continue reading
A.M. Look 10/14/11
We’re back at the extremes of Wed.: AUD/USD ( 102.80-103) … “the upside pivot.” Low 138’s in the 30 yr… near term support Euro.. a potential double top @ 138.30-40. Closing above the cash levels in the Aussie and Euro … Continue reading
EWZ….Brazil…Risk Parameters
The average entry ( Buy…Go Long Brazil) was app 56.60.. Many got in around 56.20 when the trade recommendation went out. The original stop was 55.40 intra-day… Raise your stop level to your “entry level” on a “closing basis.” If … Continue reading
Bulls and Bears…Food for Thought
The Bear argument… Have you just seen the highs for the rest of the week in the SPU? confirmed by the rejection off the lows in the 30 Yr. along with the match off the 1/2 retrace in the Euro … Continue reading
A.M. Look 10/12/11
Welcome to this months episode of Full Moon Trading,coupled with the mid week shuffle. 1204 S&P 500 is a big closing level on my work with macro stops presently resting over 1214.50. Closing above this level is Bullish Equities.. Euro…138.40 … Continue reading
A.M. Look 10/10/11
Currency land…The Pound and Euro just hit macro resistance. This has been a big run up out of the gate last night, straight up. The current highs ,will need all new closing strength over these levels to start another leg … Continue reading
A.M. Look 10/7/11
Welcome to unenjoyment Friday. Per Yra, we should start rolling early with the Canadian #’s. Currencies…the price action in the Sing Dollar and Real will be a good market tell. ( watch for tone) Euro… we would like to see … Continue reading
IUSD/BRL Brazilian Real Weekly….Euro
A close tomorrow below 179.69 USD/BRL puts in an outside reversal weekly pattern. This is a Risk On Pattern for Equities… The Euro is putting in an outside reversal day to the upside with a 4 P.M. NYC close over … Continue reading
Risk On is Alive…Euro
Euro..The Euro put in a huge low early today. It tested a reversal low with a dramatic rejection. Look for another 100-150 points up in the Euro.. It should now trade as a reflection of the Spu’s…That direction is up… … Continue reading
A.M. Look 10/6/11
Please re-read Monday’s and Wednesday’s A.M. look. The levels I write are static “they do not change” Keep them in Front of you! If you wear glasses, put a “post it” on your nose guard with the numbers on it. … Continue reading