Forex/Futures ST for Week 12/02- 12/07

greenback

AUD continues its breakdown from the head and shoulder top ...

greenback

EURO is trying to break out again ...

greenback

Bonds are turning bearish ... with ZB being the clearest ...

greenback

The second break down in GC was not successful so far ... but we can't be too bullish yet ...

greenback

maintain last week's bullish target on CL ...

greenback

Stocks are so far so good ... I guess everyone is cautious before hitting ES/1433.
TF is still strong.

源济

hunting

aimei

谢谢老大

greenback

EURO has finally broken out ... it's time to set the breakeven stop loss ...

greenback

AUD reached the minimum/most conservative down leg target, also revisited the neckline ...
It might have formed a down channel ...

greenback

Ho Ho Ho ... CL is a dynamite: it has touched previous high, which is a reasonable place for a pullback ...

greenback

GC may have started the third down leg ... consistent with our previous non-bullish view ...

greenback

Bonds have made a false breakdown ... seem to be in a range play.

greenback

greenback 发表于 2012-12-3 11:44 AM
GC may have started the third down leg ... consistent with our previous non-bullish view ...

On a bit longer time frame, GC is forming a descending triangle, so more likely to go down more in the next stage.

greenback

So stocks are back to the consolidation range again ... I guess there is no incentive for traders to bet too much on risk. Don't you agree given the hang in the congress negotiation?

greenback

Nevertheless, I think I may not be a bad idea to put 1/4 non-leveraged (1/8 leveraged) position on the table to long stocks if there is a good price at EOD this week.

九天

Thanks, EURO has  broken out. The first target would be 1,3137.

greenback

九天 发表于 2012-12-3 01:04 PM
Thanks, EURO has  broken out. The first target would be 1,3137.

Thanks for sharing!

Well, today's a bad day for break out because stocks are weak ...

greenback

ES is back to the neckline ... key time, it may turn bearish if breaking down here ...

TF is still stronger-looking ...