Wednesday, September 13, 2006

I've updated my charts: click

Wednesday, August 23, 2006

New positions: short NZDUSD AND USDCAD. Long puts: OEFUR SPYUY.

Tuesday, August 22, 2006

I've updated my charts: click

Friday, August 04, 2006

Nice bearish moves on the US$ across the board. Sitting tight here. Buying AAPL and GOOG as well: AAPL on the dip before next week's event and GOOG on 50-week EMA bounce.

Thursday, August 03, 2006

AUDUSD riding the 13-day EMA to the letter. Going long here for the US$ slide.
EURUSD closed with a profit. There's really nothing standing in the way of new lows on US$ now. I'l looking for the breakout with only small bets as I wait.
EURUSD short and USDJPY long right now.

MDY short, OIH TI long, SPY short and XBT TC long (ouch).

Wednesday, August 02, 2006

The US$ is showing remarkable strength in EURUSD. I'm long on the US$ on GBPUSD and USDJPY as well.

Tuesday, August 01, 2006

From FT:

He said that in an efficient market, such seasonal anomalies should tend to be arbitraged away. “Once an anomaly becomes well known, the speculative market begins to pre-empt it,” said Mr Meggyesi.

Last week’s 1.3 per cent rise in yen/dollar may have been the pre-emption, and Tuesday’s fall a dose of profit-taking.
I've updated my charts: click.

Current themes:

Strong recent earnings
Oil has peaked short term
Continued growth in China
Maturing boomers pushing growth in biotech
Weakening US$

I'm short EURUSD at the end of the day only because it's over-bought on both the hourly and daily. That's a day trade. I expect to return to long-term long on EURUSD at the next reversal.

I like USDCAD short but I missed the entry.

Same with EURAUD with a huge channel.

AUDUSD is riding the 13-day ema.

I'm short SPY, OIH and XLE.

GOLD and Copper are building to pennant breakouts. Should be tradable in a week or so.

Friday, July 28, 2006

EURUSD short @ top of channel may reverse
USDJPY long @ bottom of channel
CHFJPY long a bit early
EURAUD basing @ support. Early. Buy @ 1.6597
EURJPY long @ bottom of channel

How can the AU$ be strong against the US$ and ¥ but weak against the € ?

Equity:

SMH short: couldn't fill
BBH short: I don't have the heart
OIH short: I'm already playing XBT TC
MDY short

Thursday, July 27, 2006

Traders are made not born: click.

Wednesday, July 26, 2006

AAPL position running extremely well. A pullback at this point would be welcome to add on. Moving my stop to 61.97.

AUDJPY broke through my stop and kept running. This is a genuine breakout that I'd continue to short on fundamentals, but I'm compelled to go long on the technical strength. From dailypfennig.com:

The Australian Dollar rose to its weekly high overnight as speculation the central bank will raise interest rates next week pushed it up. The Aussie should continue to rally today as a report overnight showed consumer prices rose at the fastest pace in almost six years in the second quarter, breaching the central bank's inflation target. Annual inflation is now running at 4%, well above the 2 - 3% band Reserve Bank Governor Ian Macfarlane is ordered to keep it within.

I'll buy a 5 lots long, half of my short. Shorting 10 EURUSD as well.

Tuesday, July 25, 2006

Shorting 10 AUDJPY here. The ¥ is stronger than this price reflects. Over-bought weekly and daily charts.

Monday, July 24, 2006

Shorting 500 SPY here. We're right at the short point for a building pennant. If that breaks I'll reverse. Limit 126.01
From this morning's WSJ - Market's page:

Merger activity often acts as a catalyst for the broader stock market, as investors make bets on the prospects for other mergers. It also often demonstrates optimism about the businesses of companies being taken over.

Friday, July 21, 2006

Ascending reversals on the £ weekly:



Clear breakout continuing to run.

Wednesday, July 19, 2006

Went long on some out of the money xle puts: 06 Aug 55.00 (XBT TC-E) on kensey's advice. Insane phat profits on eurusd and gbpusd. The € never hit my limit. Keeping everything else open long with tighter stops. I like goog here too, but no open order.
Went long on some out of the money xle puts: 06 Aug 55.00 (XBT TC-E) on kensey's advice. Insane phat profits on eurusd and gbpusd. The € never hit my limit. Keeping everything else open long with tighter stops. I like goog here too, but no open order.

Tuesday, July 18, 2006

Closed up my EURUSD for GBPUSD long. Looks to be leading the reversal.
Nice hammer formed on SPY at end of day. Q's closed out. Should have known. Opened 500 BBH long and 500 OIH long.

Monday, July 17, 2006

Open:

  • 500 AAPL long
  • 500 QQQQ long
  • 500 GOLD long
  • 10 EURUSD

Panic over mid-east way overdone. Looking for buying opps. US$ strength part of that play. Don't understand the gold drop. Waiting for BBH entry.