Tag Archives: Forex Markets

Euro…Aussie…Canada

Posted on 06/29/2011

Euro (144 Futures)…matches up with 144.50 cash today. Aussie (105.80 futures)…matches up with 107 AUD/USD Canada (103.25 Futures)…Matches up with 96.80-90 USD/CAD These are big closing pivots in the currencies! Closing through these levels is needed for further upside. The … Continue reading →

EUR/CHF…NEM

Posted on 06/27/2011

We have a weekly double bottom pattern @ 118.08 in this cross. A close today @ 4 P.M. EST over 119.67 puts in an outside reversal day to the upside. This means the Suisse should weaken relative to the Euro. … Continue reading →

Recap…Food For Thought

Posted on 06/23/2011

We’ve been bailed out by Greece? Truly frightening! Matches….the importance of matches! We try to paint a picture to illuminate the best set ups. Today you saw that, both the Bund and U.S. 30 Yr., achieved their near term tgt’s. The Sek … Continue reading →

A.M. Look 6/23/11

Posted on 06/23/2011

I’ll say it now and get it out of the way, that was the shortest long term trade I’ve done in a long time ( JJG). Now new business.. We added to our core long precious metals holdings yesterday. Obviously … Continue reading →

Trailing Stops S&P 500 Futures…SDS

Posted on 06/16/2011

The lows in the currencies and the Equity indices (highs in the Bonds) are good for now.. Let’s use a 1268 (SEP S&P Futures) intraday trailing stop on the remainder of any outstanding positions. ETF traders…if you want to pick … Continue reading →

A.M. Look 6/14/11

Posted on 06/14/2011

Yesterday saw us cover almost all current positions. Whether it was our spreads or outright naked positions, we will await further price action to determine our next move. We have a lot of U.S. data coming out over the next couple of … Continue reading →

A.M. Look 6/13/11

Posted on 06/13/2011

Currency Futures expire this a.m. at 9:15 central, Canada tomorrow. The June contract goes off the board and Sept Futures will lead for the next 3 months. The Aussie should provide the best trading opportunities over the next few days … Continue reading →

EURO

Posted on 06/09/2011

The Euro is not showing me any love. I am not enamored with the current chart pattern. let’s sell the euro at the market and take a small loss and forget it for now.

Days End…Euro…Nasd 100…Russell…Midcap

Posted on 06/08/2011

We’re using a 4 p.m. NYC close ( same time as the NYSE) A close below 145.50 and we’re out of our long Euro. As of now the Nasd looks to confirm the short equity indices trade. A close below 2266 Futures (If … Continue reading →

EURO

Posted on 06/08/2011

It’s the right time of the day for a low to be put in for the Euro. You’re seeing the last of the selling out of London, which can trail on for another hour. I am going to buy a … Continue reading →