Forex/Futures ST for Week 09/16 - 09/21

greenback

You buys are brave in shorting ES!

greenback

greenback 发表于 2012-9-20 12:43 PM
GOLD is holding the best ...

We just had a breakout in GOLD, but a failed one ... still consolidating above the S/R level. Unfortunately it triggered our buy stop, right above the 50% fibo line ...

greenback

CRUDE action makes it look more like a bear flag ... in general there should be two legs down.

greenback

Time to long bonds ...

I'm setting a buy stop above 146.30 for ZB, stop loss today's low, target previous high 148.14.

greenback

We are back to wait and see in AUD, it made a higher high overnight ...

greenback

EURO is also bearish ... though the pattern is too small ... expecting a retest of the yesterday's low soon ...

greenback

ES is posed to break out too, put a stop buy above 1464, stop loss today's low, 1454, ... target 1484.

greenback

NQ supports the bullish pattern in ES ... it's been above the breakout level without coming back ... target 2900.

greenback

greenback 发表于 2012-9-21 12:45 PM
ES is posed to break out too, put a stop buy above 1464, stop loss today's low, 1454, ... target 148 ...

Well the ES breakout is also a failed one ... it may hit 1450 if the double-top breakdown materializes.

greenback

greenback 发表于 2012-9-21 12:35 PM
Time to long bonds ...

I'm setting a buy stop above 146.30 for ZB, stop loss today's low, target ...

The buy stop on ZB was triggered ...


Now we have both GC and ZB ...

greenback

Okay holding ZB and GC over the weekend. A good hedging combination. But usually we don't want to hold anything over the weekend.

Also reset stop loss to today's lows.