Scenario - next week

Discussion in 'Trading' started by Temujin, Jan 8, 2011.

  1. Temujin

    Temujin

    Sat 08 Jan 2011 -3 pm SIN

    Dear all,

    Hope u are making some money from my contribution.

    I am short EURUSD @ 1.2983 spot Fri.

    - likely next week with Portugal seeking debt refinancing, mkt will sell rallies
    - tech, EURUSD is below the major mov averages and below low of last 2 mths

    eur is currentl weak agt usd, aud, cad etc.

    I have been v busy so likely update oer each w/e.

    God bless,
    Temujin

    --------------------------------------------------------------------



    Good evening,

    If u hv followed the recommendations last one week, you should be doing fine.

    For tonight, I am buying some Cisco, Sprint and Petrofac shares ( London).

    My HK shares are doing well.

    My profile is in my blog below:

    My Global Portfolio - 25 Years Of Experience


    ------------------------------------------------------------------


    Latest update SIN time 1133 pm, Monday 03 Jan 2011.

    Going to sleep now..

    Crude, USD wekaness and US stock mkt strength all on track, watch next trends:

    1) USDCAD down
    2) CADCHF, CADJPY up
    ----------------------------------------------------------------------
    Latest update

    Here's what I think will pan out:

    1) FX - USD weakness, one exhaustive push, gets everyone excited and USD turns around.


    Dear all,

    Hope u are making some money from my contribution.

    I am short EURUSD @ 1.2983 spot Fri.

    - likely next week with Portugal seeking debt refinancing, mkt will sell rallies
    - tech, EURUSD is below the major mov averages and below low of last 2 mths

    eur is currentl weak agt usd, aud, cad etc.

    I have been v busy so likely update oer each w/e.

    God bless,
    Temujin


    Best risk reward

    - accumulate long USDJPY below 81.00

    2) Stock mkts - US mkt strong but most of good news priced in.

    - expect some correction into mid / end Jan 2011

    - best to reduce longs and sell some indices for hedge &/or some downside gain


    3) Commodities

    Crude - impressive rebounce from 89.00+ level Fri. Price action - promising.
    Gold and silver still steady - technically, the latter looks more resilent.


    Share This |




    --------------------------------------------------------------------------------
    Last edited by Temujin; Today at 02:01 AM.


    Temujin
    View Public Profile
    Send a private message to Temujin
    Visit Temujin's homepage!
    Find More Posts by Temujin
    Add Temujin to Your Contacts


    Reply

    Edit Tags Tags
    None


    « Previous Thread | Next Thread »

    InformedTrades Message

    Cancel Changes
     
  2. i was short eur/usd before the selloff but i man-ginaed myself out of it. annyoing