Tag Archives: USD/CAD

A.M. Look 8/5/11

Gold & Silver…yesterday’s lows were great in both. Now we have to see if we hold those lows on the unemployment #( which have typically been the lows for the rest of the month). Moreover, the gold needs to close … Continue reading

A.M. Look 8/4/11

I wrote the Bulk last night…. Obviously ETF Traders were hamstrung until this a.m. S&P 500…Today we’ll look for price rejection in the mid 1270’s the first time up. The pit 200 day is app 1283. A lot of good … Continue reading

YCS…FXC

Currently we are short the Yen via ( Long YCS ETF) We will spread this up by buying the FXC ( Long Canadian Dollar ETF)@ the Mkt. “Currently trading around 103.20”

USD/CAD…Stops…Safe Haven Price Action

Currently USD/CAD is having difficulty with the 94 level. A close today over 94.80 will have us sell the remainder of this position. We’ve been stopped out of Cat…( “The dog with the least amount of fleas” Gordon Gekko ..after … Continue reading

A.M. Look 7/26/11

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

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

The Late Show…Position Adjustments

AAPL …396.27 has my full attention…it was up closer to 400 in pre-market after earnings..however, price rejection here can put in a short term double top. A 20-25 dollar break would be healthy for this instrument. NASDAQ 100 Futures is … Continue reading

A.M. Look 7/22/11

We have added some more Risk to our portfolio. Depending on your time horizon, Day-Traders more than likely have no position, so trade from the side of the trend (Buy breaks in the stocks and sell rallies in the Bonds … Continue reading

USD/CAD…FXC…Canadian Dollar

We have taken off 25% of this trade off. Sell another 25% of your Long FXC near Dr. Nenner’s Tgt of 93.50 USD/CAD ( app 106.75 ish Futures) Raise your stop to break-even.

A.M. Look 7/21/11

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