Monday, 12 September 2011

Ok lets give this a go again

Given the massive amount of intervention in various forms in these currencies I have pretty much just traded Stock Indexes, Crude Oil and one or two currency pairs.. Namely Aud, Kiwi and Euro...

 The rest are just too hard right here. Swiss / anything I have completely removed from my charts for the wee while as they are way way too open to spoofs. Yen pairs a little less so, but the risk reward profile also is just not there to bother risking your capital.

Right here, we are on the brink of some vey very serious stuff. As those that I speak to and advise on a daily basis know, I am expecting a major rise in the USD to commence. Stock Indexes to revisit 2008 lows and commodities to drop.

Ok lets start with Crude Oil - Hourly Chart -  Thus far we are retracing / copying the move of September 1-2-5.

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