Australian Dollar Trade 07.19.2011Tuesday, July 19, 2011 @ 9:47AMI ended up booking profits on the short AUD/USD trade from 1.0721 after pushing my stop to 1.0640, and the rebound in the aussie-dollar should provide another opportunity to play the sideways price action in the exchange rate as it maintains the range from earlier this year. As the pair looks to retrace the sharp decline carried over from the previous week, I am looking to get in another short ...
Gold futures ease off record high as EU summit eyedTuesday, July 19, 2011 @ 9:41AMGold futures ease off record high as EU summit eyed
Gold futures rise above $1,600 an ounceMonday, July 18, 2011 @ 10:50AMNEW YORK -- Gold futures rallied above $1,600 an ounce Monday, as concerns about the eurozone debt crisis and the lack of agreement on raising the US debt ceiling prompted investors to seek a safe haven in the precious metal.
Australian Dollar Cross Pick 07.18.2011Monday, July 18, 2011 @ 10:29AMAfter maintaining the short AUD/USD position from 1.0721, the trade is certainly well in-the-money as the exchange rate slipped to a low of 1.0563 on Monday, and I am still looking to ride the pair down to 1.0501. However, with the Reserve Bank of Australia scheduled to release the policy meeting minutes later tonight, Im going to move the stop down to the 50-Day SMA at 1.0640 should the pair ...
Natural gas futures ease off 1-month high on profit takingMonday, July 18, 2011 @ 10:11AMForexpros - Natural gas futures declined for the first time in seven days on Monday, as investors cashed out of the market to lock in gains from a rally that took prices to a one-month high in