You buy the high I sell the low
Blog URL http://you-buy-the-high-i-sell-the-low.blogspot.com/
Located Reading, Berkshire United Kingdom
Tags Foreign Exchange, Macro Trading, Finance, Equities, Indian Equities, Nifty 50
A blog featuring macro trading ideas in FX/Equity/commodity and related markets. Analysis covers both technical and fundamental approaches
Latest Blog Posts
- Pastures new on Nov 19, 2009 in New job
Dear all,I just wanted to let my faithful readers now that I have been away for a while as I started a new job a month ago(doing the same thing). I hope to return to the blog shortly. I remain a dollar bull in the short run for those who are still...
- Good article via The Big Picture from Barrons on Oct 4, 2009 in Barrons via The Big Picture
Good perspective on the jobs outlook in the US:http://www.ritholtz.com/blog/2009/10/the-more-you-dig-into-the-numbers-the-worse-they-get/...
- Great insight from Pimco's El-Erian on Oct 4, 2009 in No V-shaped recovery expected from Pimco
A great article in last weeks FT from the joint CIO of Pimco:http://www.ft.com/cms/s/0/1551b95e-ac59-11de-a754-00144feabdc0.html...
- AUDUSD - Closes below .8700 for the third week in a row. on Oct 4, 2009 in Aussie - Best risk reward play is to the downside
As can be seen in the (weekly) chart above AUDUSD has once again finished the week below the .8700 extension target. In doing so on Friday, it also attempted to break below the wedge support that I have highlighted. A break below this support will be...
- USD Index - Falling wedge. A potential false break lower on Sep 27, 2009 in
As can be seen in the weekly chart above, the USD index has been forming a falling wedge which broke to the downside over the last 3 weeks. Interim support has been found,pushing back into the wedge and now needs to be maintained in order to leave a...
- GBPUSD - How weakness in GBPUSD effects EURGBP on Sep 27, 2009 in GBPUSD - Reversal pattern triggered
The reversal pattern that I mentioned in my post below has now been triggered. I think we are heading to the 1.5300 region initially. If and when we get there I think it will be perfectly feasible that 1.3500 will be mentioned again by so called expe...
- NZDUSD - Meets extension target and leaves a possible false break higher on Sep 26, 2009 in NZDUSD - Possible false break higher warns of losses.
As can be seen in the chart above NZDUSD just like AUDUSD has hit a major extension target and in doing so has broken through the resistance of a rising channel. This may have left a false break higher. I now favour a return to the .6900 region and...
