Tag Archives: usd/jpy
A.M. Look 6/2/14
Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading
A.M. Look 5/23/14
Stocks… Nikkei..is attempting an ORH week with a close over 14,490. DXJ…The lotto ticket for those looking for leverage on an upside breakout is the 47 or 47.50 “30 May Call” or the “June 6 Call”. Caveat Emptor…I’m not a … Continue reading
A.M. Look 5/21/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above leads to an upside breakout. Bonds 30 yr. Bonds… 136.27 should be monitored for tone on the SPU/BOND spread. FX… EUR/JPY…138.06 is 200 DMA support and is over … Continue reading
Stop Orders…Reminder!!!!
Your working orders…. BUY EUR/AUD @ 148.20 Stop GTC… Yen Futures… BUY 2 ( 50% of the Position) JYAM @ 98.93 Stop. BUY 2 ( 50% of the Position) JYAM @ 98.17 OCO 98.93 Stop These are all session 24 … Continue reading
A.M. Look 5/20/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above 3625 could get you another 50 points. IWM…is at a major inflection level after a 2 day rally into major mvg avg resistance. A close over 111.25 is … Continue reading
Yen Futures…Trade Alert!
New order with protective stop. This is an order to “exit” not enter the current short Yen position. You’ll need to place 2 separate Orders BUY 2 ( 50% of the Position) JYAM @ 9906 Stop. BUY 2 ( 50% … Continue reading
Yen Futures…Trade Alert!
Sell JYAM ( The all session Globex Futures) @ the market! It’s currently sitting @ 98.71. I will write a stop tonight. I’m selling the Yen against the 200 DMA in the cash which is 101.23 USD/JPY. Dollar Traders…Buy USD/JPY … Continue reading
A.M. Look 5/19/14
Stocks… Nikkei…is putting in an ORl day. This is not a pattern I’d look to take given the current RSI’s which show it’s getting oversold on the daily chart. Nasd 100…3590 will be pivotal. We’re in Rally mode by maintaining … Continue reading
A.M. Look 5/16/14
Stocks… Spu’s…a close under 1854.50 puts in an ORL week. DAX…9600 is today’s support and the closing downside pivot. Below, 9470 ish is the next level to look for a bounce. EWZ…the rally in Brazil looks tired. A close under … Continue reading