Tag Archives: usd/jpy

A.M. Look 11/6/12

General Comments… Go vote!!… Model Trading Portfolio…………….. Stop Close       Profit Points Long TBT                                59.30                69 Long Spu 1455/75 Nov. call spread Profit areas have been hit. Investors should have reduced positions. Small core … Continue reading

A.M. Look 11/2/12

Today, being Unemployment, will put the metals back into focus. Gold…1662-75 which is around the 200 day is the lowest risk buy zone. This will be a price action trade for Day Traders. The early game will be to see … Continue reading

A.M. Look 11/1/12

Silver…shows a break out on the P&F charts by sustaining over 32.50 ish. General Comments… The technical levels are ostensibly the same. The world Indices are all positive this A.M. We have been unable to close below the 1402-1395 level … Continue reading

A.M. Look 10/31/12

We know that many of our friends are without Power or internet on the East Coast, our thoughts and prayers are with you! Spu’s…1426-30 is the lowest risk sell area. As of this writing sustained action back below 1412 will … Continue reading

A.M. Look 10/30/12

AUD/USD…buy stops are just over 104.10 USD/JPY…is still dancing around it’s 200 day, while the Yen crosses are not responding as I’d expected. Natgas…3.47 will now act as a big pivot. We are still looking to buy this again closer … Continue reading

A.M. Look 10/29/12

Spu’s…1394.50 was last months low, there are stops below. 1385 ish is not a level to press the first time down. 1373-75 is the next exit level which was former resistance and now support @ the 200 day mvg avg. … Continue reading

A.M. Look 10/26/12

Spu’s…1394.50 was last months low, there are stops below. 1385 ish is not a level to press the first time down. 1373-75 is the next exit level which was former resistance and now support. Nasd 100…2648-53 will act as the … Continue reading

A.M. Look 10/24/12

Welcome to the mid-week shuffle… The main feature of the board this A.M. is the correction in the Euro crosses off disappointing economic news out of Germany, in particular EUR/AUD,EUR/JPY,& EUR/GBP. Euro…128.90 ish seems to be the tipping level. Once … Continue reading

EUR/JPY…YEN

EUR/JPY…resting sell stops are 103.11, which is also the daily ORL #. Trading through this area would be a big Risk off indicator. Yen..126.30-60 is the low risk sell level in the Yen Futures. App. 79.10-20 USD/JPY. Professional traders should … Continue reading

A.M. Look 10/22/12

Nasd 100…got to our tgt area which was close to the 200 day mvg avg. in the 2650’s, a level we have not seen since July when we were trading around 2515. Resting buy stops are over 2688. Oil…91.50 (Z) … Continue reading