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.