USD/JPY

With the USD having so much momentum to the upside, this setup is very close for a long opportunity... Hope it helps

NZD/USD

LONG @ .7106 SHORT @ .7030 TARGET 65 TO 75 PIPS
SHORT @ .7030 STOP @ .7106 TARGET .6945

EUR/AUD

Long @ 1.567 stop @ 1.5624 Target @ 1.5737
MOVING STOP TO 1.567 FOR NO RISK TRADE
STOPPED OUT

Forex Setups + 40 PIPS

EUR/CAD @ 1.5033 SHORT @ 1.4918 TARGET 115 TO 125 PIPS
Trade canceled

AUD/JPY 81.12 SHORT @ 80.46 TARGET 65 TO 75 PIPS
SHORT @ 80.46 STOP @ 81.12 TARGET @ 79.61
Moving stop to 80.06 locking in 40 pips
Stopped out + 40 pips

FXY

Nice short setup I'm waiting for the price to get closer to the 61.8 for a low risk trade...Hope it helps...

EUR/CAD -50 PIPS

Long @ 1.50 stop @ 1.4934 target one @ 1.5065

Moving Stop to 1.4950

STOPPED OUT -50 PIPS... Faked out again

NTRI

If the price can hold above 20.94 I will enter a long trade with a very low risk... Hope it helps

EUR/CHF -10 PIPS

Short @ 1.4716 stop @ 1.4735 target one @ 1.4684

Momentum reversal moving stop 1.4726 to

STOPPED OUT -10 PIPS

FXA

Here is a nice setup for a LOW risk trade with nice upside potential... Hope it helps...

Long with stop @ 89.55... Good luck

IBB

A retracement to 74.38 I will enter a short position... Hope it helps

Week of 1/10 thru 1/15

I've never done this before because I don't want to be a bragger. The week of 1/10 thru 1/15 my currency trades produced 342 PIPS (68.4 avg per day) for the week... Not bad, I've done better... I'm not counting the futures, etfs or stocks...

SPX & Gold

Wil Gold Hold or Fold? Stay tuned

I posted this chart on 12-26, now here it is on 1-21 amazing how the technicals are respected... Hope it helps

Monday's Charts

I hope that many of you took advantage of the charts I posted Monday - EEV,SRS,UDN,UUP all are doing well... Hope it helps

Jury Duty Sucks and COSTLY! they don't have any charts to look at... I'm having WITHDRAWALS...

I have jury duty, so I will be unavailable for a while... : >(

EUR/JPY

Long @ 129.30 Short @ 128.69 target 55 to 65 pips
Long @ 129.29 Stop @ 128.69 target 129.88

Stopped out -60 pips was going to move my stop as the pattern changed, but I was in the car on my way to jury duty...

GBP/USD

Long @ 1.6312 Short @ 1.62.51 target 55 to 65 pips

Short @ 1.6251 stop @ 1.6305 target one @ 1.623

TARGET HIT @ 1.6190 + 61 PIPS this happened while I was sleeping otherwise I would still be in the trade

UUP

Being the chartaholic that I am the charts never seize to amaze me!!! I posted these charts on 1-18 and look where the price touched today

PST

Here's a nice setup for those that like to buy ETFs... This is a low risk trade with the potential for a very nice return... Hope it helps...

AUD/JPY

Long @ 82.99 Stop @ 82.74 Target one 83.33 target two 83.89

Target one hit @ 83.33 moving stop to 82.97 next target @ 83.89

Target Hit @ 83.89 + 90 pips

EUR/AUD

Long @ 1.5544 Short @ 1.545 Target 95 to 105 pips

Long @ 1.5544 Stop @ 1.5417 Target 1.5555

IYT

Nice short setting up...

GBP/AUD

Long @ 1.7820 Stop @ 1.7758 Target @ 1.79

Target Hit + 80 PIPS

Cad/Jpy

Long @ 88.38 Short @ 87.97 target 40 to 50 pips

Short @ 87.97 stop 88.39 target one 87.71

STOPPED OUT - 42 pips

SRS

This has clearly bounced and held while consolidating... I will enter a long when the price breaks above 7.76 with stop @ 6.80...

EEV

I will go long with a stop @ 9.76... Hope it helps

UDN

Hers's another ETF worth a look... Hope it helps...

UUP

Here's the USD ETF definitely setting up for a long...

NZD/JPY

NZD/JPY Long @ 67.09 Short @ 66.53 target 55 to 65 pips

Short @ 66.53 stop @ 66.99 target one 66.13

STOPPED OUT -46 PIPS

Mexican Peso (/6M)

Long @ .07855 Short @ .078075

Canceled never confirmed

Currency Setups

NZD/USD L @ .7391 S @ .7332 target 55 to 65 pips

Short @ .7332 stop @ .7355 target one .7313 target two .7272

STOPPED OUT - 23 PIPS

GBP/CAD L @ 1.6777 S @ 1.6663 target 105 to 115 pips

Long @ 1.6777 Stop @1.6724 target one 1.6837

Stopped OUT - 53 PIPS

I Found a LOOKER!!!

A real BEAUTY! (USO)

In May 0f 2009 I discovered a LOOKER and I wasn't even looking for one. After months of observing, waiting and being patient this BEAUTY is finally ready for me to get involved. From what I can see this is a low risk with potential for a HUGE upside return... This beauty has so many great traits, I simply cannot resist getting involved... Going long with a stop @ 37.40

This beauty rarely disappoints... Hope it helps

EUR/AUD

Long @ 1.5568 Short @ 1.5521 target 55 to 65 pips

Long @ 1.5568 Stop @ 1.5541 Target one @ 1.5613 target two 1.5689

Target one hit @ 1.5613

Moving stop to 1.5587 locking in 11 PIPS next target 1.5684

Stopped out @ 1.5597 + 29 PIPS

GBP/AUD

Long @ 1.7557 Short @ 1.7492 Target 65 to 75 pips

Long @ 1.7557 Stop 1.7520 Target 1.7634

Target Hit @ 1.7634 + 77 PIPS

British Pound Futures (6B)

Long @ 1.6341 Short @ 1.6243 target 95 to 105 ticks

Long @ 1.6341 stop @ 1.63 target one @ 1.6370

Stopped out -41 PIPS Total fakeout

Wheat Futures

Long @ 538.25 short @ 525.25 target 10 to 15 points

Short @ 525.25 Stop 530.50 target one @ 522.75

Target one hit @ 522.75 moving stop to 525
Target Hit @ 518.75 + 7 Points Gone

CORN FUTURES

Long @ 383 short @ 376.25 target 4 to 6 points

Short @ 376.25 stop @ 379.25 target on 373.25

Target hit @ 373.25 new stop 377.75 new target 366.75

Moving stop to 373.25 locking in 3 points

Moving stop to 372.25 locking in 4 points

Stopped Out @ 372.25 +4

EUR/USD Target hit +62 PIPS

GBP/USD

Long @ 1.6324 short @ 1.6247 target 75 to 85 pips

Long @ 1.6324 stop @ 1.6289 Target 1.6411

STOPPED OUT + 7 PIPS

Cad Futures

Long @ .9720 stop @ stop .9687 target one .9748

Hit Target @ .9748 +28 TICKS $280 per contract

DUG

This should be a buy shortly...

EUR/USD

Short @ 1.4512 stop @ 145.52 target @ 1.4450 - this play happened while I was asleep...

Target Hit + 62 PIPS

NZD/USD

Long @ .7424 short @ .7369 Target 50 to 60 PIPS

LONG @ .7426 stop @ .7386 Target one .7454

STOPPED OUT + 11 PIPS

Gold Futures (GC)

Long @ 1142.60 short @ 1118.40 target 18 to 24 points

Long @ 1142.60 stop @ 1136.60 target one @ 1149.60 target two 1163

STOPPED OUT -6 points OUCH!!!

QQQQ & Oil futures

I'm watching these two will advise as soon as I get confirmation which way to go... Back @ 10 am PST...

I missed the QQQQ's play was in a meeting, the buy was @ 46.08... Oh well...

Corn Futures

Long @ 376.25 target 383.75 - this was opening bell play... I will get long @ 385.50 when reopens...

Canceled play did not materialize

AUD/CAD

Long @ .9607 Short @ .9542 target 60 to 70 pips

Short @ .9542 stop @ .9580 target one .9524

TARGET ONE HIT NEW TARGET .9492 new stop .9551

STOPPED OUT @ .9553 - 11 pips

DIA

This is worth a look - great chart...

Futures setups

ES Long @ 1137.75 short @ 1132 target 5.5 to 6.5 points

Short @ 1132 Stop @ 1135 Target 1126.75

Moving stop to 1131 locking in one point

STOPPED OUT +1 NOT WHAT I WAS LOOKING FOR - I MOVED MY STOP TOO SOON - EEEEK!!!

TF Long 638 Short @ 634 target 4 points

Short @ 634 stop @ 635.60 target 630.60

Moving stop to 632 to lock in 2 points

STOPPED OUT +2

EUR/USD

Long @ 1.4547 short @ 1.4461 target 75 to 85 pip

Long @ 1.4547 stop@ 1.4488 Target one 145.85

STOPPED OUT + 17 PIPS

USD/CHF

Long @ 1.0209 Short @ 1.0144 target target 65 to 75 pips

Long @ 1.021 Stop @ 1.0171 Target @ 1.026

STOPPED OUT + 12 PIPS

New Zealand Dollar Futures (/6N)

Long @ .7402 short @ .7332 target 65 to 75 pips

Gold Futures (GC)

Long @ 1158.40 short @ 1144.20 target 11 to 15 points

Short @ 1144.20 stop @ 1148 target 1129

Target Hit + 15 points

Euro Futures (/6E)

Long @ 1.4518 short @ 1.4459 target 50 to 60 pips

Long @ 1.4518 Stop @ 1.4485 target @ 1.4573

STOPPED OUT -33 Ticks

Treas Futures

Long T year futures (ZN) @ 116'080 stop @ 116'070 target 116'275

Moving stop to 116'215 to lock in fat profit...

STOPPED OUT + 22 ticks

NZD/USD

Long @ .7430 short @ .7362 target 60 to 70 pips

Trade canceled never materialized...

TLT - Bonds ETF

Is this a gift, manipulation or coincidence... This is a great setup for a long low risk... A close or break above 89.60 (your choice) with a stop @ 88.66... Hope it helps

Long @ 89.90 more then I wanted to pay, but it gapped up and I bought the pullback

Futures setups

Swiss Franc Long .9864 short .9797

USD Long 77.47 short 77.05

Short @ 77.05 stop @ 77.49 target @ 76. 55

STOPPED OUT 76.85 +20 ticks

CHF/JPY

Short @ 90.62 stop @ 91.04 target one @ 90.12

moving stop to .9074 pattern has changed

Target one hit @ 90.12 new target 89.30 stop 90.06

Target HIT @ 89.30 + 132 PIPS

Earnings Season

Since the market has been rallying in anticipation of the earnings growth excluding the financials... What will happen if the street disappoints? We will see shortly...

Currency & Futures Setups

EUR/JPY Long 1.3375 short 1.3244 target 130 to 140 pips

Long @ 133.75 stop @ 133.25 Target one 1.3420

Target one hit new target 1.3498 stop 1.3402

STOPPED OUT +45 PIPS

NZD/JPY Long 68.67 short 67.44 target 120 to 130 pips

Short @ 67.44 stop@ 67.80 target one @ 67.16

STOPPED OUT - 36 pips

FUTURES

ES Long 1142 short 1130.75 target 6 points

Long @ 1142 stop @ 1138 target 1148

Stopped out @ 1146 + 4 Points

OIL (CL) Long 83.48 short 81.79 target 1.50

Long @ 83.48 stop @ 82.98 target one 84.41

Moved stop to 83.68 target @ 84.41

Stopped OUT + 20 ticks

CAD Futures

Long @ .9717 Short @ .9638

Setup canceled

TEN YEAR NOTE FUTURES

LONG @ 115'310 STOP @ 115'275 TARGET ONE @ 116'035

STOPPED OUT - '350 TICKS

Currency & Futures Setups

Futures

British pound (/6B) 1.6059 short @ 1.5929 target 55 to 65 pips

Short @ 1.5929 stop @ 1.601 target 1.5871

Stopped out +12 PIPS

Currency pairs

Aud/Nzd Long @ 1.2503 short @ 1.2440 target 55 to 65 pips

Long @ 1.2503 stop @ 1.2453 Target 1.2564

Cad/Chf Long @ .9983 Short @ .9923 target 60 to 70 pips

Long @ .9983 Stop @ .9950 Target 1.0065

STOPPED OUT -33 PIPS

Potential Setups

AUD/USD LONG @ .9174 SHORT @ .9090 TARGET 80 TO 90 PIPS

Long @ .9174 Stop @ .9160 target one @ .9200

Target one hit new target @ .9291

TARGET HIT + 116 PIPS

NZD/USD LONG @ .7389 SHORT @ .7312 TARGET 75 TO 85 PIPS

Short @ .7312 Stop @ .7382 target one .7275

FUTURES

AUSSIE DOLLAR LONG @ .9111 SHORT @ .9025 TARGET 85 TO 95 PIPS

LONG @ .9111 stop @ .9070 Target one .9146

Target 0ne hit moving stop to .9136 next target .9177

OIL (CL) LONG @ 82.01 SHORT @ 80.94 TARGET 105 TO 115 TICKS

Trade canceled due to energy report

Setups

After looking at all the currencies, I've concluded that tonight should be lackluster at best... In other words "NADA'! is happening... The equity markets are sitting in a holding pattern as well... Maybe they all ate and drank too much over the holidays? Hopefully we can get some nice action tomorrow...

DIA looks like a long potential if price can breakout... Hope it helps

AUD/NZD

AUD/NZD LONG @ 1.2463 SHORT @ 1.2399 TARGET 60 TO 70 PIPS

Setup didn't materialize - canceled

YIPPEE NEW YEAR ! ! !

Currency & Futures Setups

AUD/USD LONG @ .8997 SHORT @ .8937 TARGET 60 TO 70 PIPS

Long @ .8997 stop @ .8936 target .9067

Target one hit moving stop to .9017 and target .9141

Target two hit moving stop to .9111 new target .9194

Oil LONG @ 80.03 SHORT @ 79.15 TARGET ONE 40 TICKS THEN RE-EVALUATE

Long @ 80.03 stop @ 79.74 target one 80.43

TARGET HIT @ 81.24 + 1.21