Tag Archives: Risk On Trades
A.M. Look 7/2/12
Full Moon Trading…. July Soybeans…expire today. November (X) is now the most active future. Spu’s…need all new closing price action over 1362 for more upside. AUD/JPY…82.50 is a significant resistance level in this cross. Resting stops are just above 83.30. … Continue reading
A.M. Look 6/27/12
USD/JPY…As shown on the point & figure is coming into Yen resistance ( App 126.30 ish in the Futures) AUD/JPY…80.15 will be pivotal for general market tone. Maintaining above ( it’s Risk ON). Oil…as previously stated 6/25/12, has a trad-able … Continue reading
A.M. Look 6/21/12
Spu’s…1341 then comes the trend line support and fibs @ the 1329-32.75 level drawn from the 1262 low. All new strength over 1358-62 is needed for more upside, Oil…the 78 handle in the oil as shown on the chart is … Continue reading
Position Update and Stop
We were stopped out of our remaining AUD/USD short. We have no position. SSO & TBT…we will use stops just below today’s low. 53.25 SSO 15.50 TBT Futures traders… price action below 1341 in the Spu Price action over 149.12 … Continue reading
SSO | Trade Alert!
We’re Buying 50% position in the SSO @ the market with a stop at today’s low.
A.M. Look 6/19/12
30 Yr. Bond Futures…look like they need sustained price action 6-8 ticks over last nights highs to start another thrust up. Euro Stoxx…21320 is the 18 day mvg avg and support. 21847 is the 50 day and resistance. DAX….62550 is … Continue reading
A.M. Look 6/11/12
We were stopped out of our remaining EUR/JPY on the opening last night. Date: June 7, 2012 7:22:56 AM CDT CAD/JPY & GBP/JPY…are both coming up to their respective 200 mvg avg’s. 124.07 GBP/JPY 77.96 CAD/JPY CAD/JPY is an … Continue reading
A.M. Look 6/6/12
Welcome to the Mid -Week Shuffle… Gold…could go as high as 1650 Platinum…stops are over 1674 Spu’s …1292.50 should be early support. 1300 is early resistance. Nasd…2496 is early support. 2527-24 is the 18day mvg avg. and the monthly close. … Continue reading
Equity Indices | ORH Pattern Alert
It’s still early, however closes above 1310.50 Spu, 2521.75 Nasd 100, 920.80 Midcap and 75790 Russell will be needed for an ORH formation. The formation can signal a near term bottom. It is generally a price positive formation. https://www.whitewavetradingstrategies.com/glossary
General Notes
It’s going to be easier to technically trade the individual names than the stock Indices, particularly if you want to bottom fish for a rebound. I’m headed out the door! Gold..1610 ish will be a big hurdle zone. Should be … Continue reading