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TRADING IDEAS OF THE DAY
Back to the Choppy Trends for Buying Dips in Risk Assets

No onse seems scared in forex. The rate markets are happy to melt up along with equities while the commodity markets thrash about with the bid in Asia unwound a bit into Europe, writes Bob Savage, CEO of Track Research Thursday.

TRADING IDEAS OF THE DAY
Rates, Equities Out of Synch, Dollar on the Ropes

With rates and equities out of synch and the USD on the ropes, financial conditions matter more than the cost of money but for the momentum – leaving the 5-30Y flattening and the focus on 10Y TIPS Thursday exciting, Bob Savage, CEO of Track Research Wednesday.

TRADING IDEAS OF THE DAY
Dollar Faces Tests of FOMC Guidance, Powell Influence

Markets are looking out for trouble even as their outlooks are for better times, Troubles from nature or man-made like war or recession – neither seem likely. The tape reflects the rising tide of 2018 hopes as greed beats fear, writes Bob Savage, CEO of Track Research.

TRADING IDEAS OF THE DAY
Focus on the Euro Today After USD Sinks Monday

What happens today matters with lows for the USD set notably in the euro and Japanese yen. Risk-on for equities means the focus will be on the EUR and how big the pull-back today can be – 1.2185 looks key with risk for 1.2110, writes Bob Savage, CEO of Track Research.

TRADING IDEAS OF THE DAY
Downward Dollar Dominates Markets. A Trend Easy to Beat?

The moves down in the USD dominate markets. Politics may be more important than rates, growth or value. The technical picture is overdone and will make tomorrow a raw deal for those who think the trend will be easy to beat, writes Bob Savage, CEO of Track Research.

TRADING IDEAS OF THE DAY
Euro Hits 3-Year High as Yen Gains, Krona Flip-Flops

For forex, the risk games today remain clustered in a Japanese yen gain to 110.50 but the euro rules the headlines with 1.2250 targets after the breakout from 1.2092 the Sept. 8, 2017 highs, writes Bob Savage, CEO of Track Research.

TRADING IDEAS OF THE DAY
Risk Barometer Today Is Japanese Yen

The flip-flop in bond moods hasn’t helped equities completely and that is worth watching but the real risk barometer today is in the Japanese yen (JPY), which needs to clear 112 to get bullish on risk again, writes Bob Savage, CEO of Track Research.

TRADING IDEAS OF THE DAY
China, Japan Emerge in Global Policy, a Signal of Volatility?

We all seem to be waiting for rates to matter, leaving the melting up process in equities a similar one for yields. Only a break of 2.38% 10-year U.S. Treasury will change the mood, says Bob Savage, Track Research Tuesday.

TRADING IDEAS OF THE DAY
Four Stories to Watch Today, Plus Record Prime Numbers and Record Debt

The world’s global debt just reached $233 trillion in 3Q. The private non-financial debt is at record highs in Canada, France, Hong Kong, South Korea, Switzerland and Turkey, worth considering with the global call for rates to rise, says Bob Savage, CEO of Track Research.

TRADING LESSONS
Trading Lesson: Why We Follow the Whales of Forex Currency Markets

Who are the foreign currency whales and why should small fish traders care? Veteran traders Jeff Wecker and Stephen Nos Biggs Gibson outline four types of whales in today’s Trading Lesson. Look for more Trading Lessons every Friday on MoneyShow.com.

TRADING IDEAS OF THE DAY
Risk: Bull Run Fizzles. Reward: Stay the Course this Week.

Markets today are likely to be watching for the real bomb cyclone effects on trading. Fears are that the bull run in equities that has started the week fizzles should rates drag past 2.54% in 10Y, writes Bob Savage, CEO of Track Research.

TRADING IDEAS OF THE DAY
Short Trade Idea on DB Dollar Index Bullish Fund UUP

Trade idea: As long as UUP trades below $24.52, then new short trade ideas can be initiated on rallies to $24.13, or higher. Depending on how much room you want this idea to move, use a risk price between $24.25 and $24.52, suggests Landon Whaley of Focus Market Trader.

TRADING IDEAS OF THE DAY
So Far, Traders Still Playing 2018 from 2017 Book

Rates and forex seem to be having the most volatility but even that is modest. So far playing from the 2017 book, no matter that it’s like watching reruns on TV or rehashing Tweets, writes Bob Savage of Track Research Wednesday.