Want to see a great trend? Here it is: USD/ZAR.... image The South African economy is growing, but at 1.4% estimated for the year in 2015. With a 25% unemployment rate, they need growth at 5%. In other words, it's a bit short at the moment, and as ...

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The CAC looks juicy at this point. I think I am going to look into an ETF as it looks "buy and hold" The hammer from the last week has been not only broken to the upside, but it was a gap. On top of that, the candle went all the way to 5100. I think ...

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If this kind of action holds for the day, we could see a nice trading opportunity to the upside. 141 is the top of the range. I think we will eventually go higher, but in the meantime it is all about the consolidation.....EUR/JPY daily image

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Still waiting to see is USD/SEK will break down. This week has been positive so far, but Wednesday wasn't exactly impressive. This is the weekly chart: image

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Fundamentals are tricky to be honest. I mean, there are a lot of ways to read an announcement. To be honest, I think if you look at the reaction to news events, quite often the "true" move doesn't happen for a while. In fact, most of the time I find ...

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Update on one of my favorite indices at the moment: Nikkei 225.... We have just reached a 18 year high as we are approaching 21,000 yen. Still long EWJ.

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url This is an example of what I do now. I am actually an analyst for several companies as well.... Chris

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I am not sure what you mean by which Interactive Broker? this is the link to who I use...... url As for buying at 1.10, we will see on how the market acts, but its a thought, yes. I also think that buying, holding, and adding above the 1.15 is my ...

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As far as the zone, I just threw that up there. However, in general I think the EUR is WAY WAY WAY undervalued at the moment. Take a look at 1.15 on your longer-term charts. I think that is a major breakout when it happens. Also, I like the ...

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Is the EUR/USD pair getting ready to bounce? Probably.....the buyers have been tenacious. 4 hour chart: image

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Meanwhile......GBP/CHF looks completely different. We have broken out of a significant rectangle. image

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Further update on the GBP..... Below is the GBP/USD pair. I think that as long as we can hold 1.57, things should still be good. However, I am not willing to sell until we get below the 1.55 level as marked on the chart. Looking at the way the ...

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Trade I will be initiating today in my longer-term account: EWI It is an ETF that follows Italy, and the MIB Index. please keep in mind that this is a "buy and hold" trade. I will being holding onto this for at least a year, and probably several. I ...

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The above post was in reference to the concerns about going long the EUR.....oops. Sorry, its been a minute. :-)

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I know exactly what you mean. But I will be honest here: I have been burned more than once by trying to think the Euro will go down for any real length of time. However, you bring up a great point in the sense that we shouldn't be leveraging the EUR ...

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Continuing with the last post, I think this will possibly lead to several things happening..... The WTI Crude Oil markets will go much higher. I think they are trying to break it out anyway, and this would be the excuse we have needed. The US Stock ...

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So it appears that the GBP is breaking out after all. This is now one of my favorite currencies, as I see it doing quite well against most other currencies in the world. GBP/JPY, GBP/AUD, etc.......love owning the Pound. With that being said, ...

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If we can close about 30 pips or more above 1.58, I will be buying this pair: GBP/USD. I already had my people buying GBP/AUD yesterday..... image

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At the end of the day, most currencies move in massive ranges that last years......the USD/SEK isn't going to be any different. The real question is whether or not you can handle the volatility, and be patient enough. THAT is why the larger funds ...

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With those AUD trades, I like the idea of shorting as it goes with the longer-term trend. I personally only trade counter trend about a handful of times in a year. I see why you did the trade based upon a bounce, but in general I don't do it. The ...

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