Tuesday night 4/8/08
Posted by Cire2222 on Apr 8, 2008
Not much changed today for our swing outlook so I will keep it Simple
S&P futures - I still think we move down a bit more before any attempt at a breakout move
Gold- Todays short in gold worked out well we were able to cover near the lows. As i posted in the forum tonight we are trading in the 920’s again and I think it is another good short entry for gold
EUR/USD- Still in wedge with a bearish bias.
USD/CHF- Still in wedge with bullish bias
USD/CAD- Least favorite of the forex trades is this pair short, has been too choppy
Stocks: I have posted the charts for many stock charts in the forum, INTC , CVX and BIDU were shorts mentioned yesterday, X is a new short that I like here as i think it may be over done short term. These should all have fairly tight stops.
Monday night recap
Posted by Cire2222 on Mar 31, 2008
Hey guys, No video again tonight as im pressed for time and not much has changed in this market. For the stock market we are in whaty i call a dead zone, no clear direction in the short term. I remain with a bullish stance on this market for now. As for gold, our Gold short has turned out to be a great trade, I think we may get a small bounce here but I still think gold will continue lower, If you are still short then take half off here, if your only playing one contract then trail your stop, this should be a free ride trade from this point on. USD/CAD still looks bullish to me and remains in the same range as the past few days. Good luck!
USD/CAD
Posted by Cire2222 on Mar 10, 2008
Here is a pair that i was short just a few days ago, I got my first target hit at support (the black line on chart) then stopped @ break-even on the second half. Now it seems as though the momentum has shifted and we may get a move higher to the upper end of that channel.
