Everything is impermanent

EWG Target area is 19

2012-02-05T08:06:00.002-06:00

Some Very LT currency charts analysis

2012-01-29T21:23:00.004-06:00

DXY, SPX. Inverse relationship will be back

2012-01-29T14:15:00.004-06:00

I expect inverse relationship to be respected this time like it did in end of October.

Beware! Correction is around the corner.

2012-01-18T13:40:00.002-06:00

Why am I bearish?

2012-01-11T21:55:00.004-06:00

Here is one reason, Eur/Aud chart. once Eur/Aud will start going up that means aud/usd will fall more than eur/usd and that would mean risk currencies to fall and that would mean us equities to go down.

UUP in Uptrend

2012-01-01T12:48:00.003-06:00

I would probably go long SPX and EUR/USD when UUP will test above 23.

$DXY-SPX Comparison

2011-12-11T23:50:00.000-06:00

SPX Resistance

2011-12-07T18:16:00.000-06:00

$DXY Channel Resistance Line is 79 area

2011-11-17T19:59:00.002-06:00

I will probably go long SPX if SPX hits 1150 same time.

Warren Buffet's IBM will be shortable very soon

2011-11-15T18:48:00.002-06:00

I will short it near 200.

Usd/Jpy projection

2011-11-11T18:20:00.000-06:00

Once it hits 72 area, I expect a strong bounce.

target price will be 84.5, that's 1250 pips

Eur/Usd ST and Aud/Usd LT Targets and Charts

2011-10-27T18:13:00.003-05:00

Eur/Usd ST target is 1.37

Aud/Usd very LT target is .868

I Shorted EUR/USD @1.424 and AUD/USD @1.07 today.

Aud/USD 20 year chart. it is overbought in ST charts, so I shorted it.

If Eur/Usd have a little upside left, I will close and reshort it.

DXY (Dollar) Target 75.5

2011-10-22T07:59:00.001-05:00

DXY is at 25% channel retracement and 50% fib retracemnt.

My target is 61.8% (75.5)

DXY wll get oversold at 74.5 area.

RUT Target 811

2011-10-18T19:01:00.003-05:00

SPX Interim Top at 1257-60 area

2011-10-14T14:51:00.002-05:00

11/14/11, 11:14 PM CST

I checked all charts one more time. All Indexes show that a top is definitely close and I am not sure about 1307 (78.6% retracement) by looking st SPX chart but $DXY chart is very clear. It has to go down to test 75.424 (61.8% retracement), so I will be watching that very closely. VIX chart is very clear too. It has to test 16-17 area, however short term VIX is very close to a bounce.

here is where I will short indexes/related ETFs
SPX:- 1257.58
$DJI:- 11,931
COMP:- 2761.73
RUT:- 766.63
OEX:- 564.31

Here is why I am bullish on SPX

2011-08-15T00:55:00.003-05:00

Commodity Currencies

Aud/usd is headed up to test 1.08

Usd/Cad is headed down to test .9535

Safe Haven currencies

CHF will loose more against Usd, Eur, Gbp, Jpy, Aud and Nzd

Eur/Jpy is headed up to test 115.6

Gbp/jpy is headed up to test 129.68

Cad/Jpy is headed up to test 83.2

Aud/Jpy is headed up to test 86

Nzd/Jpy is headed up to test 66

Bond Futures

/ZB is headed down to test 125'2

/ZN is headed down to test 122'3

World Excluding USA

ACWX is headed up to test 45.1

Emerging Markets

EEM is headed up to test 46 area.

Volatility/Fear index

VIX is headed down to test 14

Oil

/CL is headed up to test 102 area.

My target for SPX is 1340-1350 area

SPX-Target-1360

2011-08-11T00:04:00.002-05:00

VIX Target 13.5

2011-08-08T08:50:00.002-05:00

Bigger channel view but target is still 1375 area

2011-08-06T23:58:00.002-05:00

SPX-Target-1375 and fib levels

2011-08-05T17:43:00.004-05:00

- I still expect SPX to come back in that channel and test 1370.

- I am still long 100% BUT I admit that I went in too early, should have looked at NDX which had not come down like other indexes had. Anyways, learned a lesson for the future.

Note, I am not a fib expert but got encouraged by Hobotrader (he is on DISQUS) to look at fibs.

- I am betting that VIX will come down to 13.5 area, so we may/will/should have more upside on SPX than 1370 that means we go all the way to 14xx. We'll see when we get to those levels.

TRAN Target 2600

2011-07-30T21:53:00.002-05:00

Enjoy the rally.....

SPX-Target-1375

2011-07-29T17:05:00.002-05:00

First target is 1355.

I am long SPX fund 75% at this moment in my 401-k. COMP and NDX have not reached my buy levels yet.

Fate of Commodity Currency AudUsd

2011-07-26T21:39:00.001-05:00

Shorted AUD/USD @1.10.
ST target: 1.05 (500 pips from here).
Very LT target: .83 (2700 pips from here).

$DXY Bounce time soon

2011-07-26T11:26:00.001-05:00

Target will be 74.75 area

SPX-Target-1375

2011-07-18T18:34:00.004-05:00

EDITed on 7/23/11: 1345 target achieved but I don't see 1375 test signal anymore.

First target will be 1345 area.

I went 100% long in my 401-k today in SPX fund.

Eur/Usd Target 1.458 area

2011-07-11T11:38:00.000-05:00

Nzd/Jpy tells me Sell SPX

2011-07-10T07:37:00.003-05:00

Xxx/Jpy pairs are risk-off, risk-on pairs. Right now, Nzd/Jpy is showing Risk-on, topped out on my channel and looking at its correlation in respect to Nzd/Jpy channel, it is telling me to get out of stocks.

Note, Eur/Jpy is already in downtrend and Chf/Jpy is topped out.

SPX to test 1295-1300 area before 1370

2011-07-02T05:37:00.003-05:00

I will go long at 1295-1300 area.

Moving 100% back from SPX and ACWX to Stable funds

2011-07-01T11:14:00.003-05:00

My IT Target for RUT is 870 and/or SPX is 1375. RUT, OEX is ST over bought right now. I expect RUT to test back to 800. So, I will be moving back 50% of my 401k from SPX fund back to Stable fund. Rest 50% will stay in International fund but ACWX will enter overbought ST area soon if market goes up on Tuesday as well.

I had gone 100% long in my 401-k on June 6th per my post: http://greedangerignorance.blogspot.com/2011/06/spx-dji-comp-and-rut-upside-targets.html when SPX closed that day at 1286

EDIT: SPX should test back 1295 area.

EDIT: Moved 100% back in to stable fund because even ACWX entered ST overbought area.

AUD/CHF Target: .95. 600 pips from here.

2011-06-22T20:23:00.001-05:00

BOT AUD/CHF @.8901. Target: .95. 600 pips from here

GBP/CHF-Target-1.433-area

2011-06-22T10:51:00.003-05:00

BOT GBP/CHF @1.35. Target: 1.433 area

Eur/Usd Headed to 1.47 area first

2011-06-17T22:02:00.002-05:00

I have no positions in Eur/Usd at this moment.

I will personally short it above 1.51 area and then it will drop to 1.35 area.

SPX, $DJI, COMP and RUT upside Targets

2011-06-06T17:02:00.004-05:00

SPX: 1375, $DJI: 12270, COMP: 2910, RUT: 870

SPX-Top-1425-Area

2011-06-05T11:19:00.003-05:00

Per this chart, SPX tops at 1425 area.

Forecasts

2011-05-30T16:50:00.004-05:00

Closed EUR/CAD short @1.4008 in 198 pips loss. I don't think it will test 1.294 anymore

Aud/Nzd Target 1.36

2011-05-25T13:52:00.003-05:00

Forecasts

2011-05-21T22:48:00.009-05:00

Comment on 5/27/11

GBP/NZD met my target of 2.005. I had come up with this target when it was at 2.2111 on 3/17/11, so 2061 pips. I bagged 1469 pips out of this call.

Cad/Chf to test .959

Added on 5/26/11

Nzd/Usd to test .787

Aud/Cad to test 1.02

Added on 5/24/11

Nzd/Cad to test .752 (ST)

Aud/Nzd to test 1.36 (ST)

Short the Franc-enstein

2011-05-16T11:21:00.004-05:00

Shorting FXF also mean long usd/chf. I will go long Usd/Chf soon.

Forecasts

2011-05-13T22:28:00.004-05:00

Discarding /NKD forecast on 5/19/11

Discarding Cad/Jpy forecast on 5/20/11

Forecasts

2011-05-08T00:37:00.007-05:00

I am overall IT bearish but VST bullish due to xxx/jpy and eur/usd needs upside correction.

SLV to 40 Area

2011-05-05T17:13:00.003-05:00

I think it will bounce here, so short term up target is 40

My LT target is 24-25 though.

Forecasts

2011-05-01T15:23:00.021-05:00

All Xxx/Jpy pairs, FXE and Eur/Usd need to correct, so I am overall bearish on US-Equities right now.

Bullish:
$Dxy to test 79
but it needs to test 70.75 at some point
Bullish:
/DX to test 79
Bullish: UUP to test 22.5 (Discarding it on 5/4/2011, it may still go down further)
Bearish: FXE to test 134

Bullish: Aud/Chf to test .97 (IT)
Bearish:

Aud/Nzd to test 1.316 (IT), 1.286 (LT)
Bearish:

Aud/Jpy to test 84
Bearish:

Aud/Usd to test .81 (very LT)

Bullish:
Cad/Chf to test .934
Bearish:

Cad/Jpy to test 82 (ST) (Met on 5/5/2011, i had come up with this target on 4/6, when it was at 89.2)

Bearish:

Chf/Jpy to test 82.5 (LT)

Bearish:

Eur/Aud to test 1.285 (IT) but it will test 1.56 (very LT)
Bearish:

Eur/Cad to test 1.291 but it will test 1.47 (very LT)
Bullish: Eur/Chf to test 1.48 (very LT) but will reverse at 1.32 area
Bearish:

Eur/Jpy to test 108 (IT) but it will test 139 (LT)
Bearish: Eur/Usd to test 1.335 (IT) but it can test
1.5
Bearish:

Eur/Nzd to test 1.7 (IT)
Bearish:

Eur/Gbp to test .855 (IT) and .76 (very LT)

Bullish: Gbp/Chf to test 1.98 (very LT) but resistance at 1.53
Bearish:

Gbp/Jpy to test 127 (IT) but it will test 177 (very LT)
Bearish:

Gbp/Nzd to test 2.005
Bearish:

Gbp/Usd to test 1.636 (Met on 5/6/2011) but it will test 1.76 (very LT)

Bullish: Nzd/Chf to test .73 (IT)
Bearish:

Nzd/Jpy to test 63 (Met on 5/5/2011, I had come up with this target on 4/6, when it was at 66.5)
but it will test 71.8 (LT)

Bullish: Usd/Chf to test .965 (IT)
Bearish:

Usd/Jpy to test 80
(Met on 5/5/2011, I had come up with this target on 4/6, when it was at 85.6)
but it will test 101 (Very LT)

Bearish:
/TF and RUT to test 640 area (LT)

Bullish: /NKD to test 10,275 area

Bullish: /ES to test 1367 (Met on 5/1/2011) and SPX to test 1370 area (ST) (Met on 5/2/2011)

. SPX to test 1420 (LT)

Bullish: NDX and /NQ to test 2,440

Bullish: COMP to test 2,900 area

Bullish: OEX to test 610 area (ST) (Met on 5/2/2011) , OEX to test 670 area (LT)

Bullish: $DJI to test 12950 area (LT)

Bearish:

/CL to test 96.5 (Met on 5/6/2011, I had come up with this target on 3/7/2011 when it was at 106.5. It will march to test 108 now.)

Bearish:

/SI to test 26.25 (LT), SLV to test 24 (LT)

Bearish: /YG to test 1375 (LT)

Bearish:

GLD to test 129.25 (very LT)

Bearish:

/ZC (Corn) to test 525 area (IT)

Bullish: /HG (copper) to test 4.62 area

Bullish: /ZS (Soybean) to test 1465 area (ST)

Eur/Usd LT and IT view, end is here

2011-04-28T07:13:00.002-05:00

It will test 1.335 to 1.34 area from here.Bear inn mind that it can test 1.5. I shorted it last night at 1.486 area.

Forecasts

2011-04-22T18:49:00.008-05:00

All JPY pairs need to correct, so I am overall bearish on US-Equities right now.

---------------------------------------------------------------------------------------

Bearish:

$Dxy to test 71 (LT) but I think it will bounce at 73.5 first

Bullish: Aud/Chf to test .973 (IT)
Bearish:

Aud/Nzd to test 1.316 (IT), 1.286 (LT)
Bearish:

Aud/Jpy to test 84
Bearish:

Aud/Usd to test .805 (very LT)

Bearish:

Cad/Jpy to test 82.6 (ST)

Bearish:

Chf/Jpy to test 82 (LT)

Bearish:

Eur/Aud to test 1.281 (IT) but it will test 1.56 (very LT)
Bullish: Eur/Cad to test 1.47 (very LT) but will reverse at 1.41 area
Bullish: Eur/Chf to test 1.48 (very LT) but will reverse at 1.33 area
Bearish:

Eur/Jpy to test 108 (IT) but it will test 139 (LT)
Bearish: Eur/Usd to test 1.331 (IT) but it can test
1.5
Bearish:

Eur/Nzd to test 1.694 (IT)
Bearish:

Eur/Gbp to test .76 (very LT)

Bullish: Gbp/Chf to test 1.98 (very LT) but resistance at 1.53
Bearish:

Gbp/Jpy to test 127.1 (IT) but it will test 178 (very LT)
Bearish:

Gbp/Nzd to test 2.0
Bullish: Gbp/Usd to test 1.76 (very LT) but resistance at 1.67 area

Bullish: Nzd/Chf to test .737 (IT)
Bearish:

Nzd/Jpy to test 63 but it will test 72 (LT)

Bullish: usd/cad to test .957 from here
Bearish:

Usd/Jpy to test 80.3 but it will test 101 (Very LT)

Bearish:
/TF and RUT to test 630 area (LT)

Bullish: /NKD to test 10,300 area

Bullish: /ES to test 1355 and SPX to test 1360 area (ST). SPX to test 1420 (LT)

Bullish: NDX and /NQ to test 2,430

Bullish: COMP to test 2,880 area

Bullish: OEX to test 605 area (ST), OEX to test 670 area (LT)

Bullish: $DJI to test 12950 area (LT)

Bearish:

/CL to test 95.75

Bearish:

/SI to test 26 (LT), SLV to test 23.5 (LT)

Bearish: /YG to test 1375 (LT)

Bearish:

GLD to test 131 (LT) 129 (very LT)

Bearish:

/ZC (Corn) to test 525 area (IT)

Bullish: /ZW (Wheat) to 850 (ST) and 650 (IT)

Bullish: /HG (copper) to test 4.62 area

Bullish: /ZS (Soybean) to test 1465 area (ST)

SLV to 24

2011-04-18T18:35:00.002-05:00

Eur/Usd end is near; Target will be 1.33 area

2011-04-16T09:03:00.002-05:00

Forecasts

2011-04-16T08:05:00.023-05:00

Added on 4/21/2011
Bullish: usd/cad to test .958 from here
Bearish: Eur/Usd to test 1.331

Added on 4/20/2011

Bearish: /YG to test 1375 (LT), however it can go to test 1530

Bullish: VIX to test 19 from here (discarding it on 4/21/2011, it may go down below 14.25)

=============================================

All JPY pairs need to correct, so I guess I am overall bearish on US-Equities right now.

---------------------------------------------------------------------------------------

Bearish:
/TF and RUT to test 625 area (LT)

Bullish: /NKD to test 10,350 area

Bullish: /ES to test 1350 and SPX to test 1355 area (ST). SPX to test 1420 (LT)

Bullish: NDX and /NQ to test 2,425

Bullish: COMP to test 2,865 area

Bullish: OEX to test 600 area (ST), OEX to test 670 area (LT)

Bullish: $DJI to test 12950 area (LT)

Bearish:

/CL to test 94.75

Bearish:

/SI to test 25.25 (LT), SLV to test 23.5 (LT)

Bearish:

GLD to test 130.25 (LT) 128.25 (very LT)

Bearish:

$Dxy to test 71 (LT) but I think it will bounce at 73.75 first

Bullish: Aud/Cad to test 1.02 (Met on 4/20/2011, I had come up with this target when it was at .965 on 3/17)

Bullish: Aud/Chf to test .974 (IT)

Bearish:

Aud/Nzd to test 1.312 (IT), 1.285 (LT)

Bearish:

Aud/Jpy to test 83.8

Bearish:

Aud/Usd to test .80 (very LT)

Bearish:

Cad/Jpy to test 82.1 (ST)

Bearish:

Chf/Jpy to test 82 (LT)

Bearish:

Eur/Aud to test 1.282 (IT) but it will test 1.56 (very LT)

Bullish: Eur/Cad to test 1.47 (very LT) but will reverse at 1.41 area

Bullish: Eur/Chf to test 1.48 (very LT) but will reverse at 1.33 area

Bearish:

Eur/Jpy to test 108 (IT) but it will test 140 (LT)

Bullish: Eur/Usd to test 1.5 (LT) but will reverse at 1.465, 1.47 area

Bearish:

Eur/Nzd to test 1.692 (IT)

Bearish:

Eur/Gbp to test .76 (very LT)

Bullish: Gbp/Chf to test 1.98 (very LT) but resistance at 1.53

Bearish:

Gbp/Jpy to test 127.3 (IT) but it will test 178 (very LT)

Bearish:

Gbp/Nzd to test 2.0 (IT)

Bullish: Gbp/Usd to test 1.76 (very LT) but resistance at 1.66 area

Bullish: Nzd/Chf to test .74 (IT)

Bearish:

Nzd/Jpy to test 62.6 but it will test 72 (LT)

Bearish:

Usd/Jpy to test 80.2 but it will test 101 (Very LT)

Bearish:

/ZC (Corn) to test 495 area (IT)

Bullish: /ZW (Wheat) to 850 (ST) and 650 (IT)

Bullish: /HG (copper) to test 4.62 area, JJC to test 61.25 area

Bullish: /ZR (Rice) to test 15 area (ST) but very weak signal

Bullish: /ZS (Soybean) to test 1465 area (ST)

Chf/Jpy at Flash crash and Important TL

2011-04-13T18:45:00.002-05:00

My LT target is 82 on this pair and ST target is 85. This chart tells me to stay away from US-equities. people run to CHF and JPY in crisis times and chart clearly shows that JPY wins over CHF in crisis times. Per my channel in this chart, I am betting on JPY to win over CHF, so something is coming ahead... Beware...

RUA touching lower TL in the channel

2011-04-13T18:29:00.002-05:00

NDX, /NQ, /ES touched similar lower TLs

but

I will go long only after getting similar confirmation from SPX, $DJI, COMP and RUT

Forecasts

2011-04-10T09:34:00.015-05:00

Added on 4/15/2011

VIX to test 19.25

----------------------------------------------------------------------------------

/NKD to test 10,350 area

/ES to test 1350 and SPX to test 1350 area (ST). SPX to test 1420 (LT)

NDX and /NQ to test 2,425

COMP to test 2,865 area

OEX to test 600 area (ST), OEX to test 670 area (LT)

$DJI to test 12950 area (LT)

Bearish on this one: /TF and RUT to test 625 area (LT)

/CL to test 94.75

/SI to test 24.5 (LT), SLV to test 23 (LT)

GLD to test 130 (LT) 128.25 (very LT)

$Dxy to test 71 (LT) but i think it will bounce at 74.25 first

Aud/Cad to test 1.02

Aud/Chf to test .977 (IT)

Aud/Nzd to test 1.314 (IT), 1.284 (LT)

Aud/Jpy to test 83.6

Aud/Usd to test .80 (very LT)

Cad/Chf to test .985 (IT) (Discarding this forecast on 4/12/11)

Cad/Jpy to test 81.6 (ST)

Chf/Jpy to test 82 (LT)

Eur/Aud to test 1.282 (IT) but it will test 1.56 (very LT)

Eur/Cad to test 1.47 (very LT) but resistance at 1.41 area

Eur/Chf to test 1.268 (ST), (Discarding this forecast on 4/12/11)

Eur/Chf to test 1.48 (very LT)

Eur/Jpy to test 107.5 (IT) but it will test 140 (LT)

Eur/Usd to test 1.5 (LT) but resistance at 1.45, 1.455 area

Eur/Nzd to test 1.691 (IT)

Eur/Gbp to test .76 (very LT)

Gbp/Chf to test 1.98 (very LT) but resistance at 1.54

Gbp/Jpy to test 127.2 (IT) but it will test 178 (very LT)

Gbp/Nzd to test 1.2 (IT)

Gbp/Usd to test 1.76 (very LT) but resistance at 1.66 area

Nzd/Cad to test .757 (Met on 4/12/11, I had come up with target on 3/4/11 when it was .718)

Nzd/Chf to test .741 (IT)

Nzd/Jpy to test 62.2 but it will test 72 (LT)

Usd/Jpy to test 80.1 but it will test 101 (LT)

/ZC (Corn) to test 490 area (IT)

/ZW (Wheat) to 850 (ST) and 650 (IT)

/HG (copper) to test 4.62 area, JJC to test 61.25 area

/ZR (Rice) to test 15.2 area (ST)

/ZS (Soybean) to test 1465 area (ST)

10-year-to-124'025 area

2011-04-08T22:34:00.000-05:00

RUT to 625 area

2011-04-04T18:50:00.002-05:00

Forecasts

2011-04-03T08:18:00.020-05:00

Added on 4/5/11

Nzd/Jpy to test 61.9

Eur/Chf to test 1.267

Added on 4/4/11

Bearish: /TF and RUT to test 625 area (LT)

------------------------------------------------------------

/NKD to test 10,445

/ES to test 1340 and SPX to test 1345 area (ST). SPX to test 1420 (LT)

NDX and /NQ to test 2,415

COMP to test 2,855 area

OEX to test 600 area (ST), OEX to test 670 area (LT)

$DJI to test 12950 area (LT)

/CL to test 93.5

/SI to test 34 (ST), 29.25 (IT), and 23.75 (LT)

SLV to test 33.25 (ST), 28.75 (IT) and 22.25 (LT)

GLD to test 129 (LT), 127.25 (LT)

/HG (copper) to test 4.64 area, JJC to test 61.5 area

/ZR (Rice) to test 15.3 area (ST)

/ZS (Soybean) to test 1465 area (ST)

$Dxy to test 71.4 (LT)

Aud/Cad to test 1.015

Aud/Chf to test .977 (IT)

Aud/Nzd to test 1.282 (LT)

Aud/Jpy to test 84.8

Aud/Usd to test .798 (LT)

Cad/Chf to test .985 (IT)

Cad/Jpy to test 81 (ST)

Chf/Jpy to test 85 (IT) but I think it will go to test 92.9 first

Eur/Aud to test 1.283 (IT) but it will test 1.573 (LT)

Eur/Cad to test 1.476 (LT)

Eur/Chf to test 1.492 (LT)

Eur/Jpy to test 107.4 (IT) but it will test 140 (LT)

Eur/Usd to test 1.495 (LT)

Eur/Nzd to test 1.688 (IT)

Eur/Gbp to test .76 (LT)

Gbp/Chf to test 1.499 (IT) (Met on 4/5/11, I had made this call on 3/17 when it was 1.432)

Gbp/Chf to test 1.98 (LT)

Gbp/Jpy to test 127.1 (IT) but it will test 178 (LT)

Gbp/Nzd to test 1.2 (IT)

Gbp/Usd to test 1.765 (LT)

Nzd/Cad to test .756

Nzd/Chf to test .743 (IT)

Nzd/Jpy yo test 72 (LT)

Nzd/Usd to test .766 (Met on 4/4/11, I had made this call on 3/15 when it was .728)

Usd/Jpy to test 79.7 but it will test 101 (LT)

/ZC (Corn) to test 600 (IT), 480 area (LT)

/ZW (Wheat) to test 845 (ST) but it will test 620 (LT)

SPX-Top 1400, RUT-Top 860

2011-04-01T12:15:00.005-05:00

For Brinkley

This is what I was seeing

1345 is just a short term target I have. I had come up with SPX-1345 target when SPX was plunging on 3/15 on Japan news.

As I said, I am not counting for SPX to test 1400 but I am counting on COMP to test 2860

Eur/Jpy to 107.5 - 108 area

2011-03-31T18:13:00.002-05:00

Forecasts

2011-03-25T18:03:00.021-05:00

Added on 4/1/11

Aud/Jpy to test 85

Gbp/Jpy to test 130

Added on 3/30/11

usd/jpy to test 79.7

eur/Jpy to test 107.4

Cad/Jpy to test 83.8

---------------------------------------------------------

/NKD to test 10,110 (IT) and then may be 10,450

/YM to test 12,280, and $DJI to test 12,320 area (Met on 3/30/11)

/TF and RUT to test 840, 845 area (/TF was met on 3/31/11, RUT on 4/1/11)

/ES and SPX to test 1,340, 1345 area

NDX and /NQ to test 2,405

COMP to test 2,845 area

OEX to test 598

/CL to test 93.25

EEM to test 48.1 area (Met on 3/30/11)

/SI to test 33.5 (ST) and then 29 (IT), SLV to test 32.75 (ST) and then 28.5 (IT)

/HG (copper) to test 4.64 area, JJC to test 61.6 area

/ZR (Rice) to test 15.4 area

/ZS (Soybean) to test 1460 area

AUD/CAD to test 1.012

AUD/CHF to test .978 (IT)

AUD/NZD to test 1.305 (LT)

Aud/Usd to test 1.033 (Met on 3/30/11)

Cad/CHF to test .985 (IT)

Chf/JPY to test 85 (IT)

Eur/AUD to test 1.281 (IT)

Eur/NZD to test 1.687 (IT)

Gbp/Aud to test 1.552 (Met on 3/28/11)

Gbp/CHF to test 1.50 (IT)

Gbp/Nzd to test 1.2 (IT)

NZD/CAD to test .756

NZD/CHF to test .744 (IT)

NZD/JPY to test 63 (IT) (Met on 3/30/11)

NZD/USD to test .766

/SI to test 25.75 (LT). SLV to test 25 (LT)

/ZC (Corn) to test 600 (IT) and then 480 area (LT)

/ZW (Wheat) to test 620 (LT) but can bounce towards 840 first

Tomorrow, 13/34 EMA Buy on RUT

2011-03-23T19:48:00.003-05:00

My EMA/SMA model is giving a BUY signal on RUT for tomorrow (depending on it's close). i don;t trade based on these signals but these signals back up my view points.

AudUsd-SPX Relationship, start of another Bull in SPX?

2011-03-22T20:09:00.002-05:00

RUA - Bullish (800) and Bearish (700) Picture

2011-03-20T21:30:00.002-05:00

CL H&S? Target 92.5 to 93 area

2011-03-20T17:38:00.002-05:00

Forecasts

2011-03-19T14:43:00.012-05:00

/NKD to test 10,170 (IT) and then may be 10,500

/YM to test 12,260, and $DJI to test 12,290 area

/TF and RUT to test 835

/ES and SPX to test 1,335 area

NDX and /NQ to test 2,405

COMP to test 2,840 area

OEX to test 595

/CL to test 93.5

VIX to test 17.25 area (Met on 3/25/11)

EEM to test 48.1 area

/SI to test 33 (ST) and then 28.5 (IT), SLV to test 32 (ST) and then 27.75 (IT)

/HG (copper) to test 4.62 area, JJC to test 61.5 area

/ZR (Rice) to test 15.5 area

AUD/CAD to test 1.01

AUD/CHF to test .978 (IT)

AUD/NZD to test 1.305 (IT)

Aud/JPY to test 83.5 (Met on 3/25/11)

Aud/Usd to test 1.03

Cad/CHF to test .988 (IT)

Cad/JPY to test 83.3 (IT) (Met on 3/21/11)

Chf/JPY to test 84.8 (IT)

Eur/AUD to test 1.28 (IT)

Eur/CAD to test 1.28 (IT) (Discarding it on 3/21/11, it may go higher first)

Eur/NZD to test 1.684 (IT)

Gbp/Aud to test 1.557

Gbp/CHF to test 1.504 (IT)

Gbp/Nzd to test 1.99 (IT)

NZD/CAD to test .757

NZD/CHF to test .746 (IT)

NZD/JPY to test 62.9 (IT)

NZD/USD to test .764

/SI to test 25.5 (LT). SLV to test 24.75 (LT)

/ZC (Corn) to test 585 (IT) and then 470 area (LT)

/ZW (Wheat) to test 610 (LT) but can bounce towards 850 first

eurusd short point 1.426

2011-03-17T22:13:00.000-05:00

ES and SPX Target 1335

2011-03-17T18:04:00.003-05:00

/DX long point is below 75.1

2011-03-17T17:49:00.000-05:00

Margin Alert, Lessons Learned

2011-03-16T21:51:00.006-05:00

Alright, I have to be truthful and honest to myself and others.

My biggest 2 Mistakes

1. Averaging in: I should not have averaged in my NZD longs.

2. Too much exposure to NZD: I was exposed to NZD longs against EUR, GBP and CAD.

So far, through Libya, Egypt, Bahrain, New-Zealand earthquake problems, Trichet and King lying about raising EUR and GBP rates, I was able to handle my account well but after Japan's nuclear worries and usd/jpy's crash today after US market close, NZD tanked big time and I was issued a Margin Alert on my currency account. I waited for BOJ's intervention for usd/jpy to recover and took a very big loss by closing most of my trades. I have wiped out my YTD profit and ready to start all over again.

I still have following trades but now only have 1 unit each and my targets are

NZD/CAD to test .76

GBP/NZD to test 1.995

EUR/NZD to test 1.675

When above targets will hit, I will regain my YTD profit back.

Nikkei Futures Target 10225 area

2011-03-15T21:41:00.001-05:00