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Weekly Preview Stocks & Carry Take a look at GB's PPI reading: above 7%, annualized. At this pace and intensity, sooner or later it will "bite". Earnings are not as bad as was thinking, showing two things, at least for the Q under scrutiny, at present: 1- Both financial and housing...

Forex Carry In all pairs that relate to this startegy and since stocks are pretty uncertain for the momment, don't really expect to any big opportunity for the time being. On the search for small profit trades. U/Cad Concur with your opinion. Weekly charts range trading...

Stocks and Carry Yesterday's numbers on housing and consumer credit were bad, but when put into context, not very different from what we've seen previously and could foresse as possible - the "catalyst". So S&P bounced 200-day SMA and 20 month SMA, resistance. Stochastics are approaching...

Is it Looming? (Stocks & Carry) Fundamental "Catalyst". For the first down slide we had the oportunity to witness some big private equity deals that did not go through and all of a suden everyone started to be wary of future growth prospects. Along came panic that resulted in more...

Back form short break for the Week Preview! Cable Pretty erratic movement on this one, probably a reflex of better than expected readings over the past two weeks on US manufacturing activity (Trade of physical goods and exportable services) & the inception of a narrow range scenario on...

Starting Week Bell! E/U I've exited on Friday with that one day drop move I was expecting (around 80 pip profit). But still not good enough because I've experienced a 100 pip loss during the hold out time for this bet. Profitable but not convincing. Cable (short) Shorted just...

E/U (Short) Still waiting for the one-day down move that can enable profit-taking. Looking more like a narrow range trading scenario for next week, with daily bollinger band flattening (and their width is shortening). Also, price action is showing significant respect for the upper daily...

Au/U U/Ca (both short) Liquidated Aussie with small 30 - 40 pip, as said before it didn't look good (temporarily right on daily charts but against weekly trend) and it proved more or less a useful forecast. Liquidated Loonie at 1.0110 more or less all of my position, quite bad timming...

Hope u enjoyed ur weekend! Perspective for the week Most pairs seem to be in the late stages of trends (daily timeframe). Not really expecting much action to get in, just occasional narrow range small oportunities. Looking for some kind of a retracement on Eur/Usd, to get in. Stocks...

Small note: FX Daily opinion I mentioned is Kathy Lien's, in case u want to take a look at the site and articles (worthwhile opinion). Also has a book, haven't read yet, but expect to, later (about day trading Forex). USD/CHF Technical analysis is all about probabilities. Sometimes it...

U/Chf (long) Maybe excellence, what we're trying to achieve, has more similarities than we might think. The only trade I found on yesterday evening (East Time) that might be worth the bet was the same double bottom you wrote of. I didn't take it in the end because I thought it was a bit...

U/CAD (short) Not much action here, got a bit jumpy with the starting of hourly charts upside trend but didn't expect it to go much further...relieved it didn't. I'm looking for the next stochastic daily cross-over bear signal to seek a nice opportunity to take some profit and wait for...

U/CAD (short) It has found support on the 20-week SMA, but it is clearly getting into a range-bound situation. In monthly charts it is approaching, though in an earlier phase and with less favorable chances, the range-bound situation that at times comes right after market trending. My guess...

U/CAD (Short) I think most of us have no idea where to lead this pair. By the end of today, depending on day's action I might take half out just to keep some 100 ish pip profit, to safeguard against possible runs against the position. Though there is still some margin as the pair is...

U/CAD (short) It's going ok to the short side, though not very convinced on oil prices endurance to give a hand. Besides, FED minutes should send a bullish signal for both USD and Stocks, since FED officials have been saying they believe that monetary policy undertaken lately should be...

U/CAD I have the same problem! Always try to go for intraday trades when I'm away from my account 4 and 5 1/2 hrs, each day. My trading "adversary" within me! I'm still thinking of exiting before NFP. S&P I have a short position on S&P but only going for the bottom of a narrow...

Financial Reform Ever get dismayed by mounting misunderstanding between economics, finance and politics, I sometimes do... Heard someone say, yesterday, that Hank Paulson's plan for reform doesn't address the main concerns with housing markets' issues. The plan entails the creation of...

U/JPY Sold at 102.28 (looking for a narrow ranging on daily charts, after a downward trend, from upper bollinger to lower bollinger) Stop: 103.55 (edging a bit higher than upper bollinger to use 50-day SMA resistance too) TP: 98.38 (a bit higher than lower bollinger)

Trade on 1st of April U/CAD Entered at 1.0255 (unable to surpass upper bollinger weekly band resistance) Stop: 1.0355 TP: .9755 (lower bollinger band, weekly charts) Purely technical this trade, as oil prices were coming in bellow 100.

March 25th 2008 Loonie Fundamentally it is a "draw", both economies are highly correlated, both have dim economic growth prospects (including Europe, but ECB is so reluctant to attend economic growth foes). Carrytrade: it doesn't seem like a a smart move, besides any money left in the...