noninstitutional

14 Jan: GBPEUR

The Europound market involves deposits of British pounds outside of the jurisdiction of the Bank of England. This currency pair is especially important because it is the two largest currencies in the DXY US-Basket of currencies, thus it is paramount in the Global Forex Parity thesis.

14 Jan: AUDCAD

( 5-12-21):   AUDCAD so far has clearly rejected at that upper purple TL resistance.  However, like prior rejections price action has flushed all the way back to the BC before returning back up, so just because the 13MA did not hold it does not necessarily mean it cannot return back up to that TL.  However, with that said…

13 Jan: JETS

JETS is the diversified Airlines Sector ETF. As a subset of the Transports sector, this ETF tracks the XAL almost perfectly but can actually be traded on both the shares & options side (XAL cannot be trades its purely an index in the academic sense purely from a nominal basis.) If you want to play the airlines but don’t know enough about the specifics of each balance sheet, don’t worry this is the perfect diversified instrument for you to play.

15 Apr: USDCHF

USDCHF has long since been a great canary in the coalmine for DXY (USD index).  Today’s green candle is very similar to 11/30 (last day of Nov) so have to take it with a grain of salt.  Keep watching USDCHF for signs of bottoming, that would be an early precursor of a dollar bottom, but any red candle on monday would negate any ST bottom potential.  

06 Feb: CORN

Corn futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of corn (i.e. 50 tonnes) at a predetermined price on a future delivery date. Corn Futures are traded at the Chicago Board of Trade (CBOT), NYSE Euronext (Euronext) and Tokyo Grain Exchange (TGE). Commodities are traded based on margin, and the margin changes based on market volatility and the current face value of the contract. For example, to trade a corn contract on the CBOT, a trader may be required to maintain a margin of $1,350, which is approximately 4.5% of the face value.