Trade Idea : Dow Jones
Reason
Posted by:
user no longer registered
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Asset class
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Index
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Date of trade idea
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9 April 2009
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Time period
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9mth
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Product
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Dow Jones
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Size / Direction
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$10 per point
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Target Entry
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7300
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Target Exit
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9000
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Stop
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6000
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Current
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7837
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Comment
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Long term equities will rally into end of 2009 leading the recovery
Lots of fiscal stimulus
Risk : economy deteriorates further
Risk : terrorist attack
Risk : bailouts from either country prove ineffective
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Trade Idea : GBPAUD
Reason
Posted by:
user no longer registered
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Asset class
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Currency
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Date of trade idea
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9 April 2009
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Time period
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1mth
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Product
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GBPAUD
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Size / Direction
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Long 100k
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Target Entry
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2.06
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Target Exit
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2.15
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Stop
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2.02
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Current
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2.0622
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Comment
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Massive rally in Equities will recede
BOE at bottom of rate cycle, RBA says its done unless economy turns for worse
Range has been 2.04 – 2.60 (Unless it makes a new low)
Looking for long term reversal with UK taking more decisive action than the RBA and Oz govt
Risk is long term trend continues hence stop at 2.02
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Blog Comments
(0)
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Trade Idea : Gold
Reason
Posted by:
user no longer registered
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Asset class
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Commodities
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Time period
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6mth
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Product
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Gold / XAU
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Size / Direction
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Long 100 oz
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Target Entry
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870
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Target Exit
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1000
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Stop
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750
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Current
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883
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Comment
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Weaker USD
Inflation from fiscal stimulus
Risk : earlier than expected rate rises
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Blog Comments
(0)
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Trade Idea : GBPJPY
Reason
Posted by:
user no longer registered
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Asset class
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Currency
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Date of trade idea
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9 April 2009
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Time period
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6mth
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Product
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GBPJPY
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Size / Direction
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Long 100k
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Target Entry
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142.5
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Target Exit
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160
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Stop
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134
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Current
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147.7
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Comment
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Long term equities will rally into end of 2009 leading the recovery
BOE at bottom of rate cycle
Risk : economy deteriorates further
Medium term trend has been a turnaround of the continuous fall from 240 to 122
Risk : bailouts from either country prove ineffective
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Blog Comments
(0)
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Trade Idea : GBPUSD
Reason
Posted by:
user no longer registered
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Asset class
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Currency
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Date of trade idea
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9 April 2009
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Time period
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6mth
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Product
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GBPUSD
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Size / Direction
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Long 100k
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Target Entry
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1.45
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Target Exit
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1.70
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Stop
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1.35
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Current
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1.466
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Comment
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BOE at bottom of rate cycle
US issuing lots of debt
GBP lost over 30% in past year
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Tags:
Blog Comments
(0)
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