Tag Archives: Precious metals

Time Frame Trading

Posted on 07/06/2011

The world has turned into a Time Frame-Lemming Effect-Technical Trade. If you try a trade in one time period (I.E. U.S. session) and you don’t get any love, you can simply wait for the next session ( Asia) and you … Continue reading →

AUD/USD

Posted on 07/05/2011

“Cash & Futures Traders” BUY the Aussie @ the market with a stop below today’s low. The stop should be intra-day or GTC ( Good Till Canceled). This should be an all session stop. I am hoping the metals rally … Continue reading →

EUR/CHF…Precious Metals

Posted on 06/30/2011

Long Euro/Short Suisse 121.50 now becomes the weekly focus in this cross. A close tomorrow, above, will put in an outside reversal week to the upside, signaling an interim bottom. Last months close was 122.96, which should cap the rally … Continue reading →

Gold & Silver ETF’s

Posted on 06/29/2011

ETF traders….We’re going back to our original Long positions in the GLD and the SLV going into the close. You have eleven minutes left to do this trade or you can wait for tomorrow’s opening.

Gold & Silver

Posted on 06/29/2011

Gold did not close over my Pit level although Silver did. I have not re-purchased the metals yet. I am waiting until just before the NYSE closes (3 CDT…4 P.M. EST) for confirmation of the signal. Why, I got ripped … Continue reading →

Stock Indices…Metals & Miners

Posted on 06/29/2011

We’re now at the levels that will either hold or they won’t. So anyone trying to be long should not risk much. “Not much more than a couple of handles below today’s low.” If your Bullish this is the area… … Continue reading →

EUR/CHF…NEM

Posted on 06/27/2011

We have a weekly double bottom pattern @ 118.08 in this cross. A close today @ 4 P.M. EST over 119.67 puts in an outside reversal day to the upside. This means the Suisse should weaken relative to the Euro. … Continue reading →

EUR/CHF…Qtrly Chart

Posted on 06/24/2011

We’re back to my favorite look for the past 2 qtr’s, EUR/CHF. In Sept 2010 I wrote a piece as to the condition of this cross. We stated to not be short the Euro when the entire street said yes. … Continue reading →

Price Action…Risk On…Oil,Miners,Gold

Posted on 06/21/2011

There are many instruments showing bottoming chart patterns. Yesterday we spoke about the Oil Etf’s, today should have you looking to the Miners for value: GDXJ,NEM,PAAS,BHP,FCX,SLW all have similar patterns… A close today in AAPL above 320.30 is positive, further … Continue reading →

Game plan Equity Indices…Pattern Alert Oil

Posted on 06/15/2011

We are exiting all short equity indices if and when the Nasd gets the stops under last qtr’s low of of 2192. Oil..Macro stops are below 95.50. A close below 97.13 puts in a daily outside reversal lower pattern ( price negative) … Continue reading →