Thursday, May 26, 2011
Booking profit in EURO AND AUSSIE LONGS..
Close out longs in Eur at cmp, 1.4283....
Book profit in Aussie longs at 1.0590...
Book profit in Aussie longs at 1.0590...
Wednesday, May 25, 2011
STOP revised for AUD-USD and EUR-USD
STOP for AUD-USD call given yesterday revised to 1.0490....raise STOP for EUR-USD call at cost...
book profit in EURI-USD
Book Profit in EUR-USD call given earlier at CMP....can go long at same levels wth a stop of 1.3960....
Tuesday, May 24, 2011
Guys did you see the DANCE OF THE FORWARD PREMIA IN USD-INR OVER LAST 36 HOURS....
12 Month fwd declined from 280 paise to 216paise and back to 250paise in last 36 hours...when underlying was much less muted....
We are sticking with the long view on S&P...
For two reasons: wave count suggests one more up leg is possible, as long as 1294 holds... Two: a hedge against out short eur-usd trade....
Monday, May 23, 2011
Sunday, May 22, 2011
AUD-USD Short on basis of risk-off environment
AUD-USD can be shorted at CMP 1.0555, SL 1.0720, target is open as there is some risk-off selling environment building across the board...
Saturday, May 21, 2011
Gold has shown tendencies to go parabolic and usually bubbles tend to end in that parabolic rise before the collapse
Guess this makes some sense for those investing in gold. Some important points to be kept in mind........ check this out.
http://www.ft.com/intl/cms/s/0/a40b0fd4-8307-11e0-85a4-00144feabdc0.html
http://www.ft.com/intl/cms/s/0/a40b0fd4-8307-11e0-85a4-00144feabdc0.html
Friday, May 20, 2011
Thursday, May 19, 2011
usdjpy profit booked....
Usd-Jpy close to target given on 17th (82.00)...currently trading at 81.93....
We have squared our long positions taking profit as per the call..wll look to enter again at arnd 81.70 levels for target 82.25...
We have squared our long positions taking profit as per the call..wll look to enter again at arnd 81.70 levels for target 82.25...
Wednesday, May 18, 2011
Tuesday, May 17, 2011
Asian Central Banks buy dips and BIS sells rallies towards 1.42 in EUR-USD...
Asian Central Banks buy dips and BIS sells rallies towards 1.42 in EUR-USD...
usd-jpy above its break-out of 81.32.
USD-JPY has succesfully breached its break-out point of 81.32...looking strongly heading towards 82.00...
FUN WITH CHARTS: USD-INR (light coloured) & Ratio of Sensex/DOW(black)
Under performance of Indian equities over DOW is interesting... indicating higher levels on USD-INR |
Monday, May 16, 2011
A major topping action is underway in Nifty....Weekly Chart
Coupled with a final leg up in Nasdaq and Dow and the current topping action in Nifty is quite potent... |
5th wave up in tech heavy Nasdaq is underway...
5th sub wave of 5th is underway and is forming a diagonal triangle. |
Subscribe to:
Posts (Atom)