Tag Archives: Forex Markets
Position Update S&P 500 Futures..Euro
Futures traders…We have nibbled on the LONG SIDE OF THE EURO AND THE S&P 500 FUTURES DOWN HERE after the stops were run under 1335… We are presently Long Both
EURO
Short term traders can give the Euro a try from the long side here. Do not risk more than 10 ticks below the low. Consider this a Risk On trade after the flushing of the weak longs out of Europe … Continue reading
EURO
143.30-50..EUR/USD Just as price action yesterday over this level kept the stock indices firm, this level becomes a good market tell ( Risk ON) for today’s trading as well. All new price action under this level is needed to weaken … Continue reading
A.M. Look 7/22/11
We have added some more Risk to our portfolio. Depending on your time horizon, Day-Traders more than likely have no position, so trade from the side of the trend (Buy breaks in the stocks and sell rallies in the Bonds … Continue reading
EUR/CHF…EURO…BP
First DR. Nenner has been hot with his calls across a lot of asset classes. There are two closing, go long over, signals presently in play.The First is GO LONG on a close over 143.30 in the Euro . Looking … Continue reading
USD/CAD…FXC…Canadian Dollar
We have taken off 25% of this trade off. Sell another 25% of your Long FXC near Dr. Nenner’s Tgt of 93.50 USD/CAD ( app 106.75 ish Futures) Raise your stop to break-even.
Decision Time… Stocks
So far the S&P and the NASDAQ are hanging in there. We want to have a long position by the close if BOTH the indices close higher on the day today. The expectation is that Europe does something to sort … Continue reading
SPU…Gold…Price Action
The best of the good news is out. Is this the high for a big sell off again or not? 1315 seems the lowest risk level for short term traders to try a long ( or minimally, not press shorts) … Continue reading