Tag Archives: Forex

Daily Market Intelligence 9/18/17

Posted on 09/17/2017

Daily Market Intelligence 9-18-17

Day Traders…SPU

Posted on 08/01/2011

That was quick…That low has the potential to hold at 1275… Opening range traders just got a 30 point move…take the money and run! Why…EUR/CHF came to close to 110.50 tgt matching 142.50 EURO USD/JPY has to close the day … Continue reading →

Opening Range Trades

Posted on 07/27/2011

This type of trade can often set the tone for an early day trade or the early week bias out of Asia. It’s not a hard and fast rule, but more of a conceptual idea to trade from a side … Continue reading →

The Late Show…Position Adjustments

Posted on 07/22/2011

AAPL …396.27 has my full attention…it was up closer to 400 in pre-market after earnings..however, price rejection here can put in a short term double top. A 20-25 dollar break would be healthy for this instrument. NASDAQ 100 Futures is … Continue reading →

A.M. Look 7/12/11

Posted on 07/12/2011

Just a couple of observations…. S&P 500 came down to where the rally started 2 weeks ago. The P&F chart now looks like all new weakness under 1298 or strength over 1318 is needed for directional follow through or change. … Continue reading →

A.M. Look 6/30/11

Posted on 06/30/2011

Today is month and Qtr’s end. Expect late day window dressing. Time Frame trading…a whole new game can start after 4 P.M. EST today into tomorrow. Read Yra!…Low rates = the yield chase continues These currency levels are from yesterday,they … Continue reading →

EUR/CHF…Qtrly Chart

Posted on 06/24/2011

We’re back to my favorite look for the past 2 qtr’s, EUR/CHF. In Sept 2010 I wrote a piece as to the condition of this cross. We stated to not be short the Euro when the entire street said yes. … Continue reading →

A.M. Look 4/15/11

Posted on 04/15/2011

Yesterday we bought DIG,OXY, and GDXJ ( Junior Miners). Later today we will write some OCO orders ( One cancels the other) in these instruments. One side will be a stop the other a profit level. The big macro levels … Continue reading →

GDXJ…OXY…SPU/BONDS…CAD/JPY

Posted on 04/14/2011

I am liking today’s low in OXY and the Junior Miners for a trade. The stop is just below today’s low in both. I have not calculated a potential upside but at least I do have the stop for any … Continue reading →

A.M. Look 4/14/11

Posted on 04/14/2011

More one way bets are being taken off. I would look for at least another figure in EUR/JPY, 118.50 level seems the first good sticking point. We still want to put the cross on around 117 ( long Euro/Short Yen) … Continue reading →