It's no news that the £ is ripping up the € these days, but the € is still the driver:
I'm long on the € here keeping my ear to the rail. This is a potentially explosive trade.
Gold shot through resistance today. I'll go long on a retracement:
Airlines and telecom are continuing their streak. UAL is at a buyable retracement:
I closed Panera today. So much for buying on fundamentals alone.
Hilton Hotels ( HLT ) went macd green today in a strong continuing uptrend. I'm only entering double green macd positions now, until oil reverses. That's an exemplary chart:
Stochastic is too far out on overbought to take a long position here. Wait for a retracement.
There's a case to go long on the daily and short on the hourly charts US$/¥:
I like the weak US$ play better. I'm taking a small short here.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment