Tag Archives: Forex Markets
Weekend Futures Special…Futures Traders
In a world where every trade is the same trade you can pick your poison. There is always another surrogate trade or low risk alternative once the board changes from Risk ON to Risk Off. Friday into last night was … Continue reading
A.M. Look 9/1/11
I’m semi-in and trying to catch up, so I will just make a few general comments. I am quoting DEC OIL. SEP BONDS still leads for me for another 2 weeks. Pay attention, there is a significant spread to the … Continue reading
A.M. Look 8/29/11
The board has a decidedly “Risk On” bent this A.M. Let’s see if this can continue for a couple of days. EUR/CHF & USD/CHF are key features of last night’s movement. Suisse has just retested Friday’s low of 122.64 Futures ( 81.58 … Continue reading
EUR/CHF
117.76-118.04 will be an important pivotal level in this cross. This is a re-test of last months outside reversal monthly level.
Suisse…122.65 Futures…81.55 USD/CHF
That should be it for the Swiss weakness for now..IT NEEDS TO SET UP AGAIN All new Dollar strength over 81.60 ( weakness under 122.60 Futures) is needed for another move to 120.50 futures ( 83 USD/CHF)
Yen Futures…USD/JPY
Dr. Nenner this A.M. has put out a recommendation to buy USD/JPY @ 75.50 ( sell Yen). If we get there the stocks will look like they will implode. This level is app 132.45 Sep. Futures. Since this level is … Continue reading
A.M. Look 8/19/11
Risk Off is still in full swing. I do not expect any change in that footing today. New lows or highs in any instrument are not to be chased or pressed for direction!! Nasd 100 Futures…2030 ish is the big Fib … Continue reading
A.M. Look 8/18/11
The Board is all Risk Off this a.m. For now I will be content to watch for a bit to see if there will be a low risk spot to participate a little later in the day. Model Trading Portfolio…Current Positions … Continue reading