Tag Archives: ORH Pattern

30 Yr. Bonds

Posted on 04/22/2013

148.14-16 is the daily ORH level. This level will run the next wiggle in the SPU/BOND spread. Today’s low was again the 200 day Mvg avg in the 30 Yr. The failure at resistance in the Oil will contribute to … Continue reading →

A.M. look 4/10/13

Posted on 04/10/2013

SPU…sustained price action below 1557 will signal another about face in the index. SPU/BONDS…are coming back to the 18 day again, which we’ll be monitoring for follow through. 30 yr.Bonds…we’re trading at our first exit zone again of 146.17-20. 146.04 … Continue reading →

A.M. Look 3/13/13

Posted on 03/13/2013

AUD/JPY…shows a double top on the P&F @ 99.50. 98 +– a few seems to be the next descent level of interest. FBTPM…Italian 10 yr…shows initial  support @ 108.40. 30 yr. small buy stops are 143.16. The lowest risk sell … Continue reading →

A.M. Look 2/15/13

Posted on 02/15/2013

EUR/JPY…is in major profit taking mode after USD/JPY printed the 94.16 tgt. 122.35 ish then 120.65 are the significant Fibs coming back on the year, with 120.65 the low risk buy zone. Yen Futures…108.60-70 is mvg avg resistance. A close … Continue reading →

A.M. Look 2/12/13

Posted on 02/12/2013

USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading →

A.M. Look 2/5/13

Posted on 02/05/2013

EUR/GBP…85.50 support… 87.70 resistance Oil…95.90-9600 is closing support. 98.25 is the upside resistance and breakout. Yen…107.34 is the ORL #. Price action around this level will telling. precious metals…appear to be winding up for another move. We think it will … Continue reading →

FB….AUD/JPY….Pattern Alert!

Posted on 01/31/2013

FB…Facebook…a close over 31.49 puts in an ORH day. Traders that bought early should add on a close over this level with the same stop targeting the 36 level. AUD/JPY…95.49 is the ORH day #. Like CAD/JPY this is a … Continue reading →

CAD/JPY…Pattern Alert!

Posted on 01/31/2013

In the 1/28/13A.M. Look we looked at the Canada https://www.whitewavetradingstrategies.com/a-m-look-12813/ Today the CAD/JPY cross is attempting an ORH day with a close over 91.21. Sustaining over 91.49 would be needed to confirm the pattern. Canada Futures are coming up into … Continue reading →

Gold…Pattern Alert

Posted on 01/17/2013

The Gold is trying to put in the pattern it couldn’t complete yesterday which was an ORH in the GLD ETF as well as the futures. 1691 is the short swing Fib resistance the first time up.

A.M. Look 12/12/12…w/Gold Trade Alert!

Posted on 12/12/2012

Spu’s…potential double top @ 1434.25. Look for this to move in 8-10 handle increments. EUR/JPY…108 is the weekly ORH #(this is a Friday closing level). Price action around this level should be monitored for Risk On/Risk Off paradigm. Higher prices … Continue reading →