I reckon closes are red for this Friday. My $.02..

SPX and DAX - CFDs are the place to be

I still expect a good 50 point drop to at least 9650 some time today or by Monday at latest.

SPX and DAX - CFDs are the place to be

I reckon now is the time to short. I opened up a short position. We did not see profit taking yesterday or that big roller coaster day.

SPX and DAX - CFDs are the place to be

Another base at 107.25 being formed now.

USD/JPY Discussion

I think you are right. In order for Japanese manufacturers to be able to make a profit and sustain any growth the YEN needs to drop further to around 110. They need currency at 110 to boost exports and tourism and I believe that they will get it. ...

USD/JPY Discussion

Looks like it is forming a second base at 107.14-.15 now

USD/JPY Discussion

That will be one expensive cup of coffee just to fly out there from Asia.

SPX and DAX - CFDs are the place to be

YEN looks like it is forming a base here at 107.11-12

USD/JPY Discussion

Can I treat you for a cup of coffee?

SPX and DAX - CFDs are the place to be

Going back to 106 looks difficult now.

USD/JPY Discussion

Microsoft ??

SPX and DAX - CFDs are the place to be

Hong Kong and China tanked hard today after opening. Wonder if US follow today leading Germany to follow after. They go hand in hand these days. Shorts usually get burned early in the week unless the trend changes.

SPX and DAX - CFDs are the place to be

For those that held that is.. You buying and holding now?

USD/JPY Discussion

Where do you reckon the YEN sits at by Friday?

USD/JPY Discussion

Happy Moon Festival to you. I just landed in Shanghai

SPX and DAX - CFDs are the place to be

While you think the DAX is overvalued and overbought you are going to wait for this to go to 9,970 and then buy again?? Remember the last time the SPX was at 2000 DAX climbed over 10,000

SPX and DAX - CFDs are the place to be

My guess is that early on in the week we see gains just like in the past but on Thursday or Friday of this week the reversals or profit taking could be quite big. If I see more gains or another pop I will enter a good sized short position either on ...

SPX and DAX - CFDs are the place to be

I would use the 50 SMA during high or lows of the day and not while it is in the middle on a Friday with options expiring to where it could be lifted up really quick or dumped really quick.

SPX and DAX - CFDs are the place to be

George Soros has a huge short amount on the market since last year. For the last year he has been wrong. His bet now is over $2 Billion while Morgan Stanley is calling for the S&P500 to possibly run to 3000 url url

SPX and DAX - CFDs are the place to be

Stuck in the middl right now. Too risky to trade either way. If it was oversold I would buy and it if it were overbought I would short it. Right no none of this happened. Euro was a better trade earlier on as it was oversold.

SPX and DAX - CFDs are the place to be