Monday, 11 January 2010
LIVE TRADE - EUR/USD
Short EUR/USD June 10 14502.
This is right at the top of the bear flag and is meeting tough resistance which it seems to have trouble breaking.
Low stake trade and will add if the bear flag breaks at the bottom. Stop 150pts
This is right at the top of the bear flag and is meeting tough resistance which it seems to have trouble breaking.
Low stake trade and will add if the bear flag breaks at the bottom. Stop 150pts
LIVE TRADE - FTSE
Have shorted on Year end contract at 5450 (5597 cash price equivalent)
We've slightly overshot the ending but we're extremely overbought.
Stop 100
We've slightly overshot the ending but we're extremely overbought.
Stop 100
Friday, 8 January 2010
FTSE/DAX/S&P Analysis
Today was another swing about day with the FTSE falling all morning, then down further when the non farm payroll came out in the US before rebounding back to the area where it opened at 8am. Same story for the Dax.
S&P gapped down on the non farm payroll report before slowly eeking back up all day before a last hour rally took it to a new high. S&P and Dow are now sitting on the top of the ending diagonal trend line.
Thursday, 7 January 2010
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