Tag Archives: jjg
General price Action
The value shoppers have been out all day. The Spu’s can trade 1358 and fail. Closing above the low 60’s will have this analyst looking for prints in the 1400’s. The Spu’s are 50% either side of nowhere right now. … Continue reading
A.M. Look 3/7/12
Today, brings us this months episode of Full Moon Trading, in conjunction with the mid week shuffle. Simply put, with so many technical models ,across a wide array of asset classes, trying to break down or change direction, today’s highs … Continue reading
A.M. Look 3/5/12
The world is in profit taking mode since Lunch time in Asia last night. Yen…AUD/JPY..EUR/JPY..CAD/JPY..GBP/JPY.. crosses was where the action was last night. Yen Futures put in a double bottom pattern on a weekly chart right out of the gate, … Continue reading
A.M. Look 3/2/12
Stock Indices…are the tail end of the dog. The trade is terrible with the same grinding action. We have a weekly swan dive that is short lived. The opportunity is in the underlying instruments. Seemingly, everyday the dance partners change … Continue reading
A.M. Look 3/1/12
This portfolio is about as Risk Off as I get. Time will tell whether the patterns are true, or if we were just subjected to another 1 day wonder. In general, it takes a couple of days to change direction, … Continue reading
Grain Stops…Pattern Alert
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
A.M. Look 2/29/12
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
Midday Missive….Grains…Bonds/TLT…Silver
Futures traders can buy any weakness in the Wheat or Corn against today’s low. THESE ORDERS ARE TRADER’S DISCRETION “DRT” 30 yr. Bonds…a close below 143.01 is needed for an ORL day. The better chart to watch is the TLT. … Continue reading
JJG…Trade Alert!
We will be starting a long position in this ETF on the close today.