Jpy and usd trend

This is the point in time of the year where Usd tend to weaken and Jpy strengthens due to repatriation flows.

Look to short Usd/Jpy from 83.50 or better.

Published with Blogger-droid v1.6.7

Gold Trading

If we see gold closing above 1320 today, it would be good to consider buying gold on dips in the next week's session..

Watch out for gold/silver ratio. A level above 52.0 may see silver trying to catch with gold's appreciation.

Published with Blogger-droid v1.6.5

Gold market outlook

Thinking out loud.

Has recently seen some inflows of final participants enter into the gold market.

From such levels that we are seeing gold making such retracements. Could we possibly see a long term reversal in gold trends?

I am finding some support at 1,320. If this is breeched, would be looking @ 1,296, thereafter 1,256.

Let the market tell us.

Published with Blogger-droid v1.6.5

Trade: Sell emini S&P and Buy Usd/Jpy

Would like to sell 3 lots of Mar emini S&P @ 1,251 or better.. With stops placed @ 1,256.. Would be looking @ placing this position through asia before. First target is seen @ 1,241...

Buy Usd/Jpy @ 83.65 or better... Initial target 86.00...

Will not elaborate on basis.. Everything's proprietary..

Published with Blogger-droid v1.6.5

Blogging again

Have found a better way to blog during my busy schedule.. Glad to have such help from today's technological enhancements.

As from now on, I would be covering more markets as I get on the go.. And probably more trade calls than market commentary.. I'd like to know your views if there's any..

These are independent views and comes with the intention of sharing my resume as a trader..

I am available for any engagements to be a trader, market advisor, fund manager, trainer, technical analyst and consultant if the package is right.

Hope this blog could evolve into something that I hope it could become..

Cheerios and more good trades to come to all readers

Published with Blogger-droid v1.6.5

Free Elliott Wave Video

The Versatility of The Wave Principle In this classic Elliott Wave International educational video, Chief Commodity Analyst Jeffrey Kennedy demonstrates the versatility of The Wave Principle by showing you how to identify high-probability trade set-ups at-a-glance, and in any market. Watch the video and then find out how to access Jeff's current high-probability commodity forecasts FREE during EWI's FreeWeek - but only until July 22. The Versatility of The Wave Principle Get the best daily commodity picks FREE, but only until July 22!

Free: Elliott Wave Premium Access for Forex

Greetings,

Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they've thrown open the doors to some of their most popular paid services to non-subscribers for one week only.

You can access EWI’s intraday and end-of-day Forex forecasts right now through next Wednesday, May 20.

This unique opportunity only lasts a short time, so don't delay!

Learn more about EWI's FreeWeek here.

Cheers everyone