Tag Archives: Forex

SDS…TBT

Posted on 04/13/2011

We will buy the SDS today on a 21.45 “stop close only” This would put in an outside reversal day to the upside and signal more equity index weakness. Use this as a hedge against any existing longs or just … Continue reading →

A.M. Look 4/8/11

Posted on 04/08/2011

I am sure the mid-week shuffle twisted a lot of heads yesterday. The 30 yr Bond short was the cheapest way to be long the stocks.  Long Spu/Short bonds anyone? The stock trade still has massive sector rotation, meaning it all comes down … Continue reading →

A.M. Look 4/7/11

Posted on 04/07/2011

There is not much new to say. We’ve taken a small short position in the U.S. 30 yr. Bonds and will look to sell rallies and be out of this trade in the 115 handle. Currencies…They’re all about how they … Continue reading →

A.M. Look 4/6/11

Posted on 04/06/2011

We are staying with our original game plan in the equity indices from yesterday. A close in the Nasd futures ( 2350) or a close in the QQQ above 57.50 and we will initiate new long positions. A word of … Continue reading →

NASD…QQQ…AAPL…Yen Crosses

Posted on 04/05/2011

A close today above 2350 NDM ( June nasd) or 57.50 QQQ will be a go long signal on Dr. Nenner’s work. This is a signal we will take and buy the QQQ and AAPL as well. The precious metals … Continue reading →

AUD/USD…AUD/JPY

Posted on 04/05/2011

102.50 AUD/USD is still the main driving pivot for the straight Aussie, and will prove a pivotal level for any pros legging the yen crosses. You can review last weeks #’s…they have not changed!

A.M. Look 4/1/11 ….No Fooling

Posted on 04/01/2011

let us start with a few observations: 1) The Soybeans closed almost unchanged on the Qtr. closing under 13.965 ( Dec. 2010 close) will now act as your downside pivot. closing over yesterdays close will be your upside pivot. So … Continue reading →

Aussie…Pattern Alert…Food for thought

Posted on 03/31/2011

The straight AUD/USD is putting in an outside reversal month to the upside. Long Aussie is the right way right for now on the Yen crosses as well. Today’s close will be important, but you’ll need sustained price action under … Continue reading →

A.M. Look 3/31/11

Posted on 03/31/2011

Today is all about the close..nothing else matters It’s the last day in the quarter. We will be able to use today’s close to set the tone for the next quarter. As you can see most things are moving and … Continue reading →

A.M. Look 3/30/11

Posted on 03/30/2011

Will wonders never cease? Once every decade the Central Bankers have someone on staff that can actually read a chart. I am speaking of the 1985 Plaza Accord, the 1998 Fed Intervention in USD/JPY that took it from 132 to 111 … Continue reading →