Scalpers paradise today

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url Watch this later today: From 16:30-18:30 CET Jean-Claude Trichet, President of the ECB, appears before the Committee on Economic and Monetary Affairs of the European Parliament.

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Japan is really rocking it right now, shot right through resistance, let's see if they hold.

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Rally is continuing... amazing!

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WOW global stock futures flying. DJ now at 10568, Nikkei is in the air.

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DJ futures again rising to 10550, level looks stable.

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image Can they afford it?

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North

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Dow futures now at 10550!!!

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Watching the AUD right now I have to say there's an impressive risk sentiment. Global rallies are expected for stock markets around the world today.

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I'm long twice. 1 from .1920 and holding 1/2 from 2120. My target on the one from 2120 is dow =10650. The other one is indefinite, with stop at .1600 and horizon till September at least. I'll think about taking profit in it @ 1.30

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Ah ha! The BRIC story just as I thought " - Chinese yuan and Russian ruble will be in UMF basket by 2015. " Now this makes some sense! And on GS weren't they predicting 1.15 a week ago or so? haah but oh well, business as usual, you gotta suck ...

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Yeah, I tend to agree, only I think the main responsibility for this lies with mr Bernanke and mr Geithner. Still, you are right, Obama, or maybe his team, isn't innocent, I was just pointing out he's taking too much blame in his ratings lately. I ...

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Interestingly enough the strengths you list can also be considered weaknesses. Take for example financial resources. What are financial resources? They are just condensed public confidence. A belief that you can back them up with something ...

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Interesting news from China, definitely. Combine this with some other rumors and statements coming from other BRIC leaders and you get an interesting picture. First we have last year's calls for a new world reserve currency, during the sharp dollar ...

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I'm just going to echo my strategy&analysis from last week, as everything has actually went according to plan, and there have been no substantial changes to the overall situation. Seems like we've entered stage 2 of the plan, with the Dow headed for ...

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Special salute to all traders Done for the week, and cya all later, when as usual, a free analysis by me will be provided, for what it's worth video Have a nice weekend!

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I'm now out of all scalp trades, and will be watching the close with interest later on. good luck to all!

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That's the level that had to be broken. I thought it was a weaker resistance but was quite a fight.

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Resistance in equities is under attack again. And is defeated!

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