Saturday, November 8, 2014

Currency sell down, Gold

Hey Folk

Here we go again

i would really try to do this on a weekly basis.

Currency have really sold down this week especially the Yen. Most have a up day on Friday. but the overall trend are still down.

Review from last week trades:

I am right on on all the trades Sell Yen, Eur, Nzd and Buy stock indices. Bingo!!!!!!

current open position

Long stock indices

This coming week

Gold - The overall trend is downAfter Friday big up day, gold may stage a rebound. Let see more closely the movement of this metal.

Oil - Trend is down. The look of it is that the down move will continue.

Stock - Continue to move higher

Currency - Most of the currency like Eur. Gbp, Nzd, Aud, Yen are in a downtrend. i will be still be looking for the down side in all of them. Waiting for setup to formed.

Soft - Cotton maybe can be a good candidate to long. The trend is down.

cheers folk