Thursday, January 13, 2011

New Years Resolution - No Rants - Only Trade Ideas

Best trade idea I have is a short on Cable.

Funny how the USD is pounded (pun intended) whilst Euro land troubles are "talked into shape" and Australian disastrous floods results in a rush against ol Bucky.  

Seems odd that the "largest markets in the world" the FX is ramped against "common sense".   Well good chance that the gaming is done.

Note chart number 2 is from Carlos, go visit him and his sponsors.

Euro seems like it's uber ramp may be done, basically any short the Euro from the last peak is already stopped out.

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Insightful and Useful Comment!