Tag Archives: Precious metals

GOLD

Posted on 08/12/2011

Gold has rallied so hard that $100+ swings should not surprise anybody. It’s a great short term flow trade in this type of environment. This type of price action was a common daily occurrence between 1979-81. The stops in the … Continue reading →

A.M. Look 8/1/11

Posted on 08/01/2011

We’ve seen the euphoria that goes with positive statements out of D.C. Now will an ugly reality set in during our day session as the votes are tallied and the details of a deal become clear? In currency land the … Continue reading →

Gold & Silver

Posted on 07/27/2011

Key closing #’s to remain above.. 1608 Gold 40.13 Silver Closes below put in outside reversal patterns to the downside.

A.M. Look 7/26/11

Posted on 07/26/2011

It’s all about the Dollar. The Dollar is off against all major currencies from the Mxn Peso,Ruble,RAND, KIWI,SEK,NOK SING,YOU NAME IT… Significant levels… EURO/USD….145.20ish….144.50 close AUD/USD….110.14 = 2/3 rds coming back for life of Currency…possible double top area on the … Continue reading →

A.M. Look 7/25/11

Posted on 07/25/2011

For those of you that don’t already read Yra,you should!, He was a particularly interesting read last night. http://yrah53.wordpress.com/2011/07/24/cancan/ There will be a lot of posturing this A.M. across the currencies and equity Indices, waiting for our fearless leaders to … Continue reading →

A.M. Look 7/21/11

Posted on 07/21/2011

Let’s just take a minute to speak about last night’s price action. The metals came close to retesting the weekly highs, while the stock indices tested the support levels we spoke about in yesterday’s A.M. Look. Euro had a big … Continue reading →

A.M. Look 7/20/11

Posted on 07/20/2011

USD/CAD The Game plan remains the same with the Canadian Dollar ( USD/CAD-FXC).  Sell 25% of your long FXC on a running of the long term stops @ 94.45 USD/CAD. Sell 25% of your Long FXC near Dr. Nenner’s Tgt … Continue reading →

USD/CHF…Suisse

Posted on 07/18/2011

USD/CHF is over sold on all the long term time frames. A close or sustained price action over 82 USD/CHF (under app 122.02 futures)would put in an outside reversal day. Attention should be paid to see if this can generate … Continue reading →

A.M. Look 7/14/11

Posted on 07/14/2011

Mildly jet lagged here, and trying to get a handle on the Risk On Risk Off schizophrenia. The only safe trending trades have been the Grains and Metals, as traders buy the dips to park money. 1580, Gold, looks to … Continue reading →

USD/CHF…Swiss Franc Futures

Posted on 07/08/2011

A close under 83.79 USD/CHF puts in an outside reversal day to the downside ( up in Suisse strength) The corresponding futures #’s are 118.80 Pit session….119.40 all session for the Sep Futures. These closes should be watched to confirm … Continue reading →