Tag Archives: Gold
OCO’s
DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of your profit between 59.15-35. As always keep adjusting your order sizes as … Continue reading
A.M. Look 4/14/11
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
A.M. Look 4/13/11
“Matches and targets” We are a big fan of Charles Nenner’s model work. His targeting system and model work for ( TREND) breakdown’s is par excellence. Yesterday was a perfect example on how to use his technical work. Gold,Aud/Usd, Usd/JPY … Continue reading
A.M. Look 4/12/11
Yen Crosses…USD/JPY Posted on 04/07/2011 at 10:53 AM The yen futures double bottomed last night showing that the one way train in the yen crosses was very long in the tooth and a correction was afoot. The first area to … Continue reading
A.M. Look 4/1/11 ….No Fooling
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
A.M. Look 3/29/11
The Yen weakness is leading the Greenback higher across the board. I have been looking for this turn in the dollar off the qtrly close. 115.71 is the qtrly # for EUR/JPY to close above. Euro has been putting in … Continue reading
A.M. Look 3/28/11
The macro # sets have not changed in the Currencies or Oil from last weeks missives. We are paying close attention to the Metals and the Dollar this week, as it is Qtr end, to see if the Greenback can stage a … Continue reading