Tag Archives: Yen

A.M. Look 11/14/12

Spu’s…last night’s high was again the 200 day, which is acting like a magnet. 30 Yr….look for 150.15 to stop the Spu/Bonds on this wiggle the first time down. EUR/JPY…last night’s high was again the 200 day ( app 102.17), … Continue reading

A.M. Look 11/13/16

USD/JPY…keeps holding the 200 day mvg avg @ 79.68, App ( 125.68 Z Futures) This level should be monitored for direction on the crosses. General Comments… The board has not changed, It’s still trading Risk off. Today should continue to … Continue reading

Yen… Trade Alert!

Close this trade out at the Market! We’re not going to pick a high in the Yen when the Board is Risk Off. We’ll eat the few ticks and take a look next week.

A.M. Look 11/9/12

Yen Futures…those of you that trade the cash or futures got filled last night on your sell order. 1/2 of the recent swing is 126.75 (Z) app 78.90 USD/JPY. General Comments… Yen traders…this is not a trade we’ll leave open … Continue reading

USD/JPY…(YEN) Daily

A strong Yen is indicative of a Risk off Board. Presently USD/JPY is trading on it’s 200 day..App 125.75 Futures. We’re looking to Buy USD/JPY ( Sell Yen ) around 79.20-30 USD/JPY.. Futures traders…126.30-40 is the area

A.M. Look 11/7/12

Gold…needs closing strength over 1727-32 for more upside. Silver…32.13 will be pivotal all day. Spu’s…same levels!  Below 1402-1395 close for a downside breakout, above 1434 for the up. 30 yr. Bonds…148 +- a few is the downside pivot. Sustaining above … Continue reading

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