Monday, 8 March 2010

Getting back to normal

Was a busy week for me last week,  with kids first week back at school and trying to help with aid for the people in the south of Chile who have lost pretty much everything. The devistation caused by the earthquake was secondary to the damage done by the tsunamis that were generated along the coast of Maule and Bio Bio. Many small coastal towns have been wiped off the map.

I urge all of you to donate a little of what you made from my calls to one of the charities actively helping in the areas most affected.
As far as trading goes I closed Aud/Jpy and Eur/Jpy shorts on fridays break of resistance.

Today,
Eur/Usd has already fired short so missed that puppy. Watching crude/gold and silver to trigger a short Aud/Usd and long Usd/Cad trade.Other ideas below.
  • looking to sell Gbp/Usd at 1.5150 stop 1.5200 on break and close under hourly 300 Lwma, indicators are bearish.
  • looking to buy Usd/Chf on break and close above hourly 72 sma
  • looking to sell Gbp/Jpy above 137.23 coinciding with the 4 hourly 90/100 ema´s.
More a little later.

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