The Surf Report

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Quote from marketsurfer:

SURF ALERT


strongly suggest stepping in here


SHORT EUR/USD NOW at 1.3811

LONG YM if 8677 breaks on upside.



best wishes
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It just occurred to me, because I had previously disregarded your currency trade, but why would you have bet on both a rising dollar and YM in front of an FOMC announcement? The YM would only have risen immediately on a decrease in rates, which it did, whereas a decrease in rates is hardly favorable for the dollar right after announcement. So what was your thinking going in?
 
Quote from Thunderdog:

It just occurred to me, because I had previously disregarded your currency trade, but why would you have bet on both a rising dollar and YM in front of an FOMC announcement? The YM would only have risen immediately on a decrease in rates, which it did, whereas a decrease in rates is hardly favorable for the dollar right after announcement. So what was your thinking going in?
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yes, your correct.


out of the box hedge.


surf
 
Stocks have crossed above their 50 DMA (Dow 8715). 4 to 6 month rally has begun, use this window as an opportunity then get out before you get skinned.

YM? is that yahoo messenger :D
 
Quote from markyhabs2:

Stocks have crossed above their 50 DMA (Dow 8715). 4 to 6 month rally has begun, use this window as an opportunity then get out before you get skinned.
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yes, DJIA is going above 10k in near future.

YM or DIA long is the place to be for now.

thanks, surf
 
Surf Alert

suggest going flat here in SRZ. time soon to buy back. stay tuned

surf


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