Sunday, November 6, 2011

AUD/USD

Nice short setup. See chart for entry, target and stop. Keep your stops tight. This market is on CRACK! Hope this helps

Thursday, November 3, 2011

CORN futures

Corn futures are in a nice channel that should break up or down for a nice fast profitable trade. Hope this helps.

Wednesday, November 2, 2011

Gold

Looks like gold wants to go higher. The price is holding well above 1700. Price should test 1775 and if that holds, then price will move higher. Your long entry will depend on how aggressive or conservative you are. I will wait for a pullback to the 1713 range. Hope this helps

Where are they when you need them?

When will the Occupy Wall Street protesters arrive in Holly wood D.C.?
Congressional wealth increases while Rome is burning!
http://www.drudge.com/news/149859/congress-members-wealth-up-16
http://www.huffingtonpost.com/2011/11/01/congress-net-wealth-income-gap_n_1069377.html

Tuesday, November 1, 2011

APPLE

AAPL - One to keep your eye on. Interesting chart

MF Global debacle

Another confirmation that you need to be certifiable to hold a trade over night. This market is like no market I've ever seen. I feel like it's a waste of my time to look for trade setups (ie - euro, aud/jpy, 10 yr notes etc), so some news comes out over night and destroys it! I know news always trumps all technical analysis, but not with the  FREQUENCY the markets are dishing out currently...Basically I am *&%$^#@!?*% off!!!