Tag Archives: Forex Markets

Grain Stops…Pattern Alert

Posted on 02/29/2012

We’ve got some descent gains in this sector we want to protect… We’re raising our JJG stop to “46 Stop Close”. AUD/USD…a close today under 107.30 AUD/USD (107.05 H Futures) is needed for an ORL day. This would be a … Continue reading →

Time Frame Trading…Trade Alert!!

Posted on 02/29/2012

We’ve just seen massive pukes across a lot of asset classes to major Support zones.. The Euro, by remaining under 133.90, looks like the most vulnerable instrument.. We need confirmation late in the day below 1364 in the Spu’s, however … Continue reading →

Euro…EFA…Metals

Posted on 02/29/2012

We’ve got some interesting mid week extremes happening… Double top in the EURO on a Point & Figure shows any shorts can be managed against today’s high. Sell any rallies in the Euro!!!! EFA..should be monitored for cracks in the … Continue reading →

A.M. Look 2/29/12

Posted on 02/29/2012

LTRO was a big yawn… The commodity currencies are leading the crosses this A.M. USD/CAD…a close under 99.06 USD/CAD is needed for an ORL week. ( over 100.90 H Futures). 99.29 USD/CAD ( 100.69 H Futures) is where the 50 … Continue reading →

Euro…

Posted on 02/28/2012

Most of us sold the Euro in the 134.60’s Friday. I’m writing this in an effort to remain consistent!! As you know I have a wide variety of Clients with varying styles. Some guys took 2/3rds of their money, some … Continue reading →

A.M. Look 2/28/12

Posted on 02/28/2012

Grains…are all following through to the upside, confirming the break out patterns from yesterday. We have chosen to play this via Long JJG ETF. Wheat and Corn look particularly good. Spu’s…and stocks in general should be firm into tomorrow’s LTRO … Continue reading →

Pattern Alert…Yen & Yen Crosses

Posted on 02/27/2012

ORH & ORL Daily Patterns… Yen (H) Futures would need a close over 125.12 USD/JPY….a close under 79.90… ORL EUR/JPY…106.81 …with the 200 day @ 107.11 ORL AUD/JPY….85.64…ORL CAD/JPY…80.09….ORL These are price negative patterns!

A.M. Look 2/27/12

Posted on 02/27/2012

Yen…missed the long -term sell stops in the Futures by 13 ticks @ 123.43,( 81.75 USD/JPY) just after the opening last night. Since the opening hour, the board has been in “Risk Off” profit taking mode. 80.30-40 USD/JPY needs to … Continue reading →

Euro…Euro/Everything Else…Trade Alert!

Posted on 02/24/2012

We have a home run in the Oil, we also have a good lead in the Gold. The Euro bears have all capitulated today..run out on all the spreads, whether it be against the Yen,Metals,Oil, you name it. My qtrly … Continue reading →

A.M. Look 2/24/12

Posted on 02/24/2012

The Yen Crosses are running the “Risk On” show. The Yen Crosses are important “Risk On” Barometers! At resistance levels in the crosses, the equities stall out. At support levels in the crosses, the short sellers get trapped causing rallies. … Continue reading →