Tag Archives: Risk Trades
A.M. Look 10/3/18
Wednesday rules apply. Risk spreads are positive. The room will be open today.
Copper Monthly Continuation
This is the chart that can screw the most amount of players. It is a Risk Indicator. Copper is currently hovering right on the 200 day mvg avg. @ 355.35. Recovery back over 360, which is the monthly reversal #, … Continue reading
CPE_-_Copper_(Globex)_Daily_Continuation.gif
Copper…has had a pretty big and fast sell off. It’s into Fib support @ 351.75. It would need to close and sustain below this level for more weakness. I am not advocating doing anything…Just watch for mkt tone.
CQG_IC_Chart_AUDJPY_-_Australia_Japan_Daily.gif
Here is an important visual on one of your main Risk spreads… We’re into support..82.90 is the 50% from the Dec low in the cross. WHY???, because this is the swing that almost every market in the world is presently … Continue reading
AUD/JPY….Spu’s
78.00 is an important level. Closing below this area is negative Equities. Price action below 78 AUD/JPY shows 77.30 ish as the next significant area. SPU’s…The technical levels have not changed! At this point I would look for a test … Continue reading
AUD/USD….Aussie Dollar
Fib matches come in @ 100.30-50. This is a level to match up with a possible low in the Equity Indices. Watch for overall market tone. Aussie and the Indices generally move in the same direction. The Aussie was the … Continue reading