Tag Archives: Forex Markets
A.M. Look 9/23/11
Silver is taking out the long term monthly stops, 32.25 ish is the next Fib Support. Then you should look for 29. Spu..There are some monthly moving avg lines coming in just over 1100 where we rallied from yesterday. Once through it’s … Continue reading
A.M. Look 9/22/11
Euro…134.25 is the first major fib. Aussie…98.00 is the first monthly level of any significance. USD/CHF…The mid to high 93’s will be the first big area..108 ish in the Futures looks tough the first time in. In short we’ve just … Continue reading
GBP/JPY
On a day of many possible extremes… GBP/JPY 118.89 is the 2009 low. We’re very close. Monitor this level for possible reversals after the Fed Meeting.
A.M. Look 9/21/11
We’re down to one small position. We’ve taken our money and it’s time to be patient. If you want a little food for thought about today’s Fed meeting …read Yra..http://yrah53.wordpress.com/2011/09/20/awaiting/ Today will be a big day on a lot different levels. I … Continue reading
Swiss Franc Futures…EUR/CHF…USD/CHF
Shown here is the Swiss Futures. USD/CHF looks the same. The Suisse is attempting an outside reversal day lower with a close under the 200 Day Mvg Avg. ” app 113.60 (Z)”. “88.20 USD/CHF”, which is right where it opened … Continue reading
EUR/CHF…USD/CHF…Swiss Franc
Re-Post From 9/6/11 Obviously last night the Swiss screwed the most amount of traders it could. Let’s take a step back and see what this cross really has to do to change course.122 is unchanged on the qtr.( last night’s … Continue reading
A.M. Look 9/20/11
Yesterday’s close had us tightening up our overall risk in our portfolio. Sometimes it’s just better to clean house and remain with what’s working the best. We trade to make money not to be right! I know everyone is chomping at the … Continue reading
A.M. Look 9/19/11
The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading
Single Stocks…General game plan…GBP/JPY
Our whole portfolio is skewed Long Equities. This is one big reason we took a small short in the Euro. The dollar has been seeing inflows as the world equity markets have sold off. The better level to sell the … Continue reading
EURO
Let’s take a small short in the Euro with a 40 point stop. Sell the Euro with a stop over 138.30.