Tag Archives: Forex Markets

AUD/USD

If you’re not already Long, Take a small position, Long the Aussie, with a stop below today’s low.

USD/CHF…Swiss Franc Futures

A close under 83.79 USD/CHF puts in an outside reversal day to the downside ( up in Suisse strength) The corresponding futures #’s are 118.80 Pit session….119.40 all session for the Sep Futures. These closes should be watched to confirm … Continue reading

A.M. Look 7/8/11

In yesterday’s session we took off the rest of our long exposure in the SPU & NASD futures. Those of you that had Miners or AAPL either took it all off or are down to 25% positions with trailing stops. … Continue reading

Trailing Stops

As they say ” We’ve come a long way BABY!” in a very fast move. Investors should be out of the bulk of their long AAPL & Miners. If you wish to keep a small token 25% stake with a … Continue reading

Position Update

We are officially flat the equity index Futures. We are still long AAPL and EWH… Many of you are involved with Long AUD/USD…this is a lower risk trade at these levels. This is also a great surrogate for a Bullish … Continue reading

A.M. Look 7/7/11

The game plan for the equity indices is to sell remaining long positions this A.M., on strength the first time up into the mid to high 1340’s based off the Spu. Take your money and wait. AUD/USD…107.70-90 ( app 106.70-80 … Continue reading

A.M. Look 7/6/11

Yesterday had us reducing our long equity holdings just after the opening. Today it is all about where the indices hold. A close today below 1328.25 (S&P 500 Futures) would have us sell the rest of our longs. This would … Continue reading

AUD/USD

“Cash & Futures Traders” BUY the Aussie @ the market with a stop below today’s low. The stop should be intra-day or GTC ( Good Till Canceled). This should be an all session stop. I am hoping the metals rally … Continue reading

A.M. Look 7/1/11

The Aussie ,Canada,Suisse and EUR/CHF are all in play today. Please refer to the recap levels yesterday. 122.96 EUR/CHF should be a difficult level. The straight Suisse futures are attempting to put in an outside reversal week, however the USD/CHF … Continue reading

EUR/CHF…Precious Metals

Long Euro/Short Suisse 121.50 now becomes the weekly focus in this cross. A close tomorrow, above, will put in an outside reversal week to the upside, signaling an interim bottom. Last months close was 122.96, which should cap the rally … Continue reading