MarketRhymes by Edward Markets

Trading & Fascinating Ideas. Often in Doubt, Sometimes Right. Price is everything. BLOG.ROOSTER360.COM

Futures/Macro update for week of 10/20/14: it’s easy as ABC or $FXA $FXB $FXC + $IWM

Futures/Macro update for week of 10/20/14: it’s easy as ABC or $FXA $FXB $FXC + $IWM

The USD rally has hit everything… else, including in recent weeks.Using the same weekly price bar time frame and methodology, find below the stock market version, since most traders out there are stock traders. $FXA $FXB $FXC or $6A_F $6B_F $6C_F $AUDUSD $GBPUSD $USDCAD

FXC_102014

short 87.6, stop 90.9

FXB_102014

short 158.1, stop 161.5

FXA_102014

short 88.1, stop 90.5

6C_102014

6B_F_102014

6A_102014

and “bonus” chart and sell idea $IWM and/or Russell…

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Trades in 60 Seconds: SELLING $AGU $ABX $MOS $MDRX $AU $GES $MAT $OMI $CPA $TS

Trades in 60 Seconds: SELLING $AGU $ABX $MOS $MDRX $AU $GES $MAT $OMI $CPA $TS

$AGU $ABX $MOS $MDRX $AU $GES $MAT $OMI $CPA $TS

This is a fascinating list, following last week’s 60 Seconds list. Usually I filter the list for volumes, highest high, lowest low, etc and give you tidbits for a 60 second slide show. There are NO highs here to speak of, no new longs from this filter, for trade price, high, trading volume and trading volume averages. That being said, there aren’t…

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A “sea” of red for the week 10/13/14: $XHB $TOL $GT $EMR $COG $UTX $HOG $BHP

A “sea” of red for the week 10/13/14: $XHB $TOL $GT $EMR $COG $UTX $HOG $BHP

A sea of red, plain and simple, and I present those that made it to the filters, for new lows, volume and USD traded market value. Overall, you’re either in cash, building “shopping lists”, trading bearish option positions, short stock, or just losing money. Presented below is a mere sample of the recent decline in prices, filtering with weekly price bars, for above average trading volumes, and…

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Futures Charts for week of 10/06/2014 $AUDUSD $USDCAD $CL_F $6A_F $6C_F $FXA $FXC $USO

Futures Charts for week of 10/06/2014 $AUDUSD $USDCAD $CL_F $6A_F $6C_F $FXA $FXC $USO

With weekly price charts, systemic price following traders will miss out on the initial “breakout” as the US Dollar rally took down the entire commodity and USD-denominated complex of futures prices. Silver, the yen, the euro have been sells and Gold and oil have joined in during the past 4 to 6 weeks. Coffee is the one glaring exception, which in a way underlines the very real strength in that…

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Additional “short” ideas for week beg. 10/06/2014

Additional “short” ideas for week beg. 10/06/2014

Evident from this week’s additional “short”/sell ideas, it boils down to a continuation of the drop in the price of crude oil, raw materials and conversely, the rise in the US dollar.
$CIEN $VALE $CBS $VIAB $GM $MBT $AFL $OII $DNR $FLR $TEX $SBGI $MUR $UCO $RSX $ETN $CPA $HYG $EWG $SWN $MAT $SDRL $CBI

CBI_100414

short 54.4, stop 59.7

RRC_100414

short 66.7, stop 73.1

SDRL_100414

short 24.3, stop 28.2

MAT_100414

short 31.7, stop 34

SWN_100414

short…

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Additional “Long” Trade ideas for week beg. 10/06/2014 $BAC $CCI $NKE $GS $ACT $SCHW $MNK $AMGN $NSC $LMT $MO $HBI $ETP $CNQR $BAH $VRTX $FDX

Additional “Long” Trade ideas for week beg. 10/06/2014 $BAC $CCI $NKE $GS $ACT $SCHW $MNK $AMGN $NSC $LMT $MO $HBI $ETP $CNQR $BAH $VRTX $FDX

This week’s additional (long) ideas indicated continued potential strength in financials.
$BAC $CCI $NKE $GS $ACT $SCHW $MNK $AMGN $NSC $LMT $MO $HBI $ETP $CNQR $BAH $VRTX $FDX

FDX_100414

long 162.7, stop 152.3

VRTX_100414

long 108.5, stop 92

BAH_100414

long 24.7, stop 22.8

CNQR_100414

long 127, stop 118.7

ETP_100414

long 65.7, stop 60.9

VDSI

long 20, stop 16

HBI_100414

long 111.1, stop 103.2

MO_101414

long 46.1, stop 43.8

LMT_100414

long 178, stop 168.4

AMGN_100414

long 139, stop 129.4

MNK_100414

lo…

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"Change your perception of motion…" - @JamesAltucher

“Change your perception of motion…” – @JamesAltucher

“Change your perception of motion and you change your potential for happiness.” – @JamesAltucher

via James Altucher’s blog post: “How To Master Any Game and Beat Everyone”

“Example: someone wrote to me the other day that they had made $50 million dollars when they were very young. Then very quickly, the person had lost $30 million and was feeling horrible.

…”Well, what if you had simply gone from…

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Regarding the fall of the Euro, bitcoin and all other forex (particularly commodity related ones) , precious metals and most of the raw material complex, it’s been a sight to witness the resurgence of the greenback. #DollabillYo #USD #USDX #DX_F $DX_F $UUP $EURUSD $6E_F