Edited by Mr Dev, 31 July 2007 - 03:10 PM.
thoughts
#1
Posted 31 July 2007 - 03:13 PM
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#2
Posted 31 July 2007 - 03:16 PM
#3
Posted 31 July 2007 - 03:47 PM
I moved to long in the dollar and added today..I'm also looking closely at going into gold ...it just needs show slow support here.
#4
Posted 31 July 2007 - 07:00 PM
Do you mean you are trading currency? if so, is there a way to trade currency without a special currency trading account? I do not feel US dollar has reached bottom yet, but close.
I moved to long in the dollar and added today..I'm also looking closely at going into gold ...it just needs show slow support here.
Punch up UUP and UDN. These are exchange traded U.S. dollar ETF's.
#5
Posted 31 July 2007 - 08:15 PM
Do you mean you are trading currency? if so, is there a way to trade currency without a special currency trading account? I do not feel US dollar has reached bottom yet, but close.
I moved to long in the dollar and added today..I'm also looking closely at going into gold ...it just needs show slow support here.
Punch up UUP and UDN. These are exchange traded U.S. dollar ETF's.
thanks janvin
#6
Posted 31 July 2007 - 08:22 PM
Isn't your $CPC is now on a Sell signal?
Its been on a sell and the faster ma is starting to move into momentum phase.
Hard to believe it hadn't already!
Folks I still "think" that an orchestrated bounce may show up tomorrow or Thursday....but who knows if they can
work it that fast. They have lined up some shorts before, but shorts keep exiting with profits at every decline and
so nothing has worked so far since last Thursday. Well except for dead cat bounces.
The Summation for the SPX is down right FUGLY. With the technicals so beat up... longer term FUND money is
sure to have just started to exit LoNGer Term positions.
Daily Weekly Monthly and even my Quarterly signals look bearish for the major averages.
Now is the time,.. to be short more days in the week than long.
________________________________________________________
As Jnavin said there are ways to trade currencies without a currency account.
I'm not the best one to ask for details...I just use what I have access to.
There are also mutual funds that will play the dollar Long or Short x2 those are fun!
Im not always a long term player but at this time I would be looking to short the EUR. or Get Long the US$.
The moves in the Rydex leveraged $ funds are not always long lasting moves but you can get enough to
butter your bread with.
Edited by Mr Dev, 31 July 2007 - 08:26 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!