USDCAD short at market, target 0.9800 stop-loss: 0.9935
Thursday, November 29, 2007
Thursday, November 15, 2007
USD/CAD Long Exit
Wednesday, November 14, 2007
USD/CAD Long
Sunday, November 11, 2007
USD historical lows
Because of the historical lows of the USD the question arises, if Central Banks around the globe will intervention to stem the decline against other major currencies.
If we have a short look at the chart, we can see in DX Z7 (US DOLLAR FUTURE DEZ.07) a bearish falling gap. If we see another historical lows (<75.10) the minimum target will be 72.00, but if we will see in the next few days an upside gap, than opportunities on the long-side will be seen. I don't think that what we see in the chart below is an trend reversal pattern. I think the USD will continue to weaken.
If we have a short look at the chart, we can see in DX Z7 (US DOLLAR FUTURE DEZ.07) a bearish falling gap. If we see another historical lows (<75.10) the minimum target will be 72.00, but if we will see in the next few days an upside gap, than opportunities on the long-side will be seen. I don't think that what we see in the chart below is an trend reversal pattern. I think the USD will continue to weaken.
And remember: Trading currencies involves financial risks and is not appropriate for everyone.
Friday, November 9, 2007
Thursday, November 8, 2007
Wednesday, November 7, 2007
USD/CAD Long target 0.9500
USD/CAD Long traget 0.9500 stop-loss 0.9050
and remember: trading involves financial risks
and remember: trading involves financial risks
Sunday, November 4, 2007
my current Watch List - long only
The following Shares are in my Watch List (only longs):
USO - United States Oil Fund
TRA - Terra Industries Inc.
TXT - Textraon Inc.
RMDX - Remotemdx Inc.
all shares are very bullish, but the liquidity is very low, so only trade with linits and stops
USO - United States Oil Fund
TRA - Terra Industries Inc.
TXT - Textraon Inc.
RMDX - Remotemdx Inc.
all shares are very bullish, but the liquidity is very low, so only trade with linits and stops
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