EUR/JPY…is a key feature of the board. This cross put in a ORL day on Friday right into the 200 mvg avg and is following through to the downside. 104.40 ish…then 103.50 are the next support levels. As long as … Continue reading
Here is the Risk Off Look…Sell all rallies in Copper, the closer to 370 the better! This strategy is a medium term view. The Risk is a close back over 377.
Time Frame trading….we’re into London’s close…Both EUR/JPY and AUD/JPY are attempting ORL days. Current stops are 105.63 EUR/JPY…Sustained and closing action under will lead to another figure down. This would be considered a Risk Off formation.
A close below 96360 puts in an ORL daily pattern. This is a price negative formation.
Welcome to this months episode of Full Moon Trading… Today into tomorrow will be important. Friday, the only ones able to trade the unemployment data will be Futures Traders. Both European & U.S Equity markets will be closed at the … Continue reading
CASH & Futures Traders We’re Selling the Aussie @ the market. This is a starter position of 25%. The Risk is 80 points!!!! Trade size according to your risk tolerances. We’re looking for 2-300 points if we are correct. We … Continue reading
SELL the EURO @ the market using a 30 point stop. BUY 1/2 position back in the QID…”Long QID=Short Nasd”
Buy the QID ( Double Short Nasd) @ the market! We’re using a 29.75 stop on this trade… Depending how you view it, I either was either premature or very late. Nevertheless, it’s a cheap look at picking a high. … Continue reading
Our entry level was…app 137.22-24 (M). We’re placing a futures stop just below this # set on an all session basis GTC ( Good Till Canceled). This means you should have an OCO ( One Cancels the Other) order working … Continue reading
Our short term price tgt’s have been met! Those of you who wish to trade that last piece of your longs with a trailing stop, should use 136.13 in the 30 Yr. intra day. 111.40 ish TLT.