• Free Book
  • Store
    • Books
    • Free First Chapters
    • Free Newsletters
  • Recent Articles

TradingMarkets.com

Quantified Stock Market Trading Strategies & Systems

  • Home
  • New Trading Research
  • Education
    • Articles
      • Connors Research
      • ETFs
      • Options
      • Stocks
      • Volatility
    • Trading Lessons
    • Connors Research
    • Glossary
    • Interview Archive
    • Videos
  • Python
  • Quantamentals
    • Quantamentals: The Next Great Forefront of Trading and Investing
    • Quantamentals Resources
  • Courses
  • Store
    • New Book! The Alpha Formula
    • “Buy The Fear, Sell The Greed” – Best Seller!
    • Swing Trading College 2019
    • Trading Books and Guidebooks
    • Street Smarts
    • Online Trading Courses
    • Private Mentoring with Larry Connors
    • Customized Trading Research
    • Amibroker Strategy Add On Modules
You are here: Home / eminis / Commentary / What’s Up, What’s Down: Spotlight on Currencies

What’s Up, What’s Down: Spotlight on Currencies

November 29, 2010 by Rick Alexander

Comments for November 29, 2010

Looking ahead to Monday by reflecting on Friday’s trading action

Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors

US Dollar Index has its best close since September 23

CURRENCIEs: 11/29/10: Higher closes last Friday for the dollar index while conversely lower  for the Japanese Yen, Euro Fx, Swiss Franc, Canadian Dollar, British Pound and Aussie Dollar.The euro, franc and yen (in a support area) continue to look lower overall with the euro and franc  making their worst lows and closes since September 21st and the yen since late September. The Canadian Dollar had a huge range making an OUTSIDE DAY closing lower still in an uptrend overall but acting toppy in choppy action over the last week. The pound made its worst low and close since September 21st also giving me a SELL SIGNAL.The Aussie Dollar made its lowest low and close since October 2nd now very close to a sell.The dollar, on the other hand, had a strong close with its best high and close since September 23rd continuing to act like its bottomed out for the long haul. BUY SIGNALS CANADIAN DOLLAR AND DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, BRITISH POUND, SWISS FRANC AND JAPANESE YEN. CALL FOR DETAILS!

R1129-001 chart

R1129-002 chart

R1129-003 chart

R1129-004 chart

Special Note for Cotton Traders: The daily price limit for Monday, November 29, will revert back to 4 cents.

 Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.

Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.

Filed Under: Commentary, Recent Tagged With: commodities and futures, Commodity, commodity trading, currency trading, e mini, euro, Futures trading, Pound, US Dollar, yen

Buy The Fear, Sell The Greed

Buy The Fear, Sell The Greed

Swing Trading College

New Book From Larry Connors and Chris Cain, CMT – "The Alpha Formula; High Powered Strategies to Beat The Market With Less Risk"

We’re excited to announce the release of a new investment book written by Larry Connors and Chris Cain, CMT. The book, “The Alpha Formula; High Powered Strategies to Beat The Market With Less Risk “ combines… Hedge fund legend Ray Dalio’s brilliant insight into combining uncorrelated strategies… With new, minimally correlated, quantified, systematic strategies to trade… [Read More]

Buy The Alpha Formula Now

Connors Research Traders Journal (Volume 57): 7 Real-World Reasons Why Short Strategies Should Be Included In Your Portfolio

In our new book, The Alpha Formula – High Powered Strategies to Beat the Market with Less Risk, we show the benefits of including short-strategies in your portfolio. As a reminder, building portfolios should be based on First Principles – otherwise known as truths. These truths are: Markets Go Up Market Go Down Markets Go… [Read More]

Company Info

The Connors Group, Inc.
185 Hudson St., Suite 2500
Jersey City, NJ 07311
www.cg3.com

About Us

About
Careers
Contact Us
Link To Us

Company Resources

Help
Privacy Policy
Return Policy
Terms & Conditions

Properties

TradingMarkets
Connors Research

Connect with TradingMarkets

Contact

info@cg3.com
973-494-7311 ext. 628

Free Book

Short Term Trading Strategies That Work

© Copyright 2020 The Connors Group, Inc.

Copyright © 2023 · News Pro Theme on Genesis Framework · WordPress · Log in