SELL GBP/YEN AT 143,10 STOP AT 14400

FINALLY AFTER 5 DAYS OF CONNECTION PROBLEMS I AM BACK ON LINE. UNFORTUNATELY OUR STOP IN EUR/GBP WAS HIT. I WILL BE BACK MONDAY WITH A NEW UPDATE. HAVE A GOOD ONE.

SOLD ANOTHER LOT OF EUR/GBP AT 0,9062 STOP AT 0,9090 FOR 2 LOTS

CLOSED AUD AT 86,62 FOR 33 POINTS LOSS

SELL EUR/GBP AT 9053 STOP LOSS 9090
IN SPITE OF THE LONGER TERM TREND IS STILL UP THE CHARTS OF ALL PERIODS SHOW VERY OVERBOUGHT CONDITIONS. A CORRECTION SHOULD BE DUE ANYTIME SOON.

SELL GBP/YEN DONE AT 150,45 TAKE PROFIT 140 POINTS

BOUGHT ANOTHER LOT OF AUD/USD AT 0,8727

STOP LOSS GBP/YEN AT 149,50

GBP/YEN STOPPED OUT. BUY AGAIN AT 14915 SL 14850

BUY GBP/YEN AT 150,10 STOP AT 149,40

DEAR READER.

I CLOSE CAD OUT FOR 200 POINTS LOSS AS MUY BULLISH SCENARIO DIDN'T WORK OUT. IN STEAD I BUY AUD/USD ONE LOT AT 0.8630

DEAR READERS

SO WE GOT STOPPED OUT OF OUR CABLE POSITION LAST WEEK AND HAD TO TAKE A SMALL LOSS. MARKET IS VERY QUIET AND SLOW LATELY AS , I THINK, MANY PEOPLE BURNED THEIR FINGERS AFTER THE GOLD RALLY. PERHAPS WE ARE GETTING RID OF THE TRADING THEME WHERE PEOPLE BUY USD AS A SAFE HAVEN CURRENCY.
BACK TO THE OLD DAYS AND PUNISHING THE CURRENCY OF THE WORST PERFORMING ECONOMY THE WAY IT SHOULD BE? I WOULD LOVE TOO AS IT WOULD MAKE LIFE MUCH EASIER END LOGICAL. STILL THE MARKET IN GENERAL IS NOT CONVINCED YET. FOR SURE IN THE COURSE OF THIS YEAR AND EARLY NEXT YEAR
INFLATION WILL BEAT AROUND HARD IN THE US. THE NATIONAL DEBT WILL RUN UP TO A STAGGERING $20 TRILLION. WE STILL HAVE CAD IN POSITION, WHICH IS TRADING IN A SMALL RANGE. WE LEAVE THAT ONE OPEN AND STAY SOMEWHAT SIDELINED AND WATCH FURTHER DEVELOPMENT AS IT'S WISER TO STAY OUT FOR THE MOMENT. ALSO WATCH THE S&P CLOSELY AS IT KEEPS GOING HIGHER EVERY DAY. I WOULD PULL OUT OF STOCKS NOW. NEXT TIME MORE.

DEAR READER

I SUPPOSE YOU AREV ALL OUT OF THE YEN TRADE. AS A LOW I HAVE SEEN 149.15.
THE LAST TIME I DID BUY SOME USD CAD AT 11040 AND HEREBY I WOULD LIKE TO ADD ONE MORE LOT AT 10817. aLSO TODAY WE HAVE THE BOE OUT WITH AN INTEREST RATE DECISION. ALTHOUGH GENERAL EXPECTATIONS ARE THAT THE BOE WILL NOT MOVE I DO NOT EXCLUDE, SEEN THE LAGGING POSITION OF THE UK IN ECONOMIC RECOVERY THAT THEY MIGHT DO SOME EXTRA QUANTATIVE EASING OR LOWER THEIR BENCH MARK RATE FROM 0.5% TO 0.25% AN OTHER PROBLEM IN THE UK IS THAT THE BANKS DO NOT LEND THE EXTRA VASH RECEIVED FROM THE GOVERNMENT TO THE CONSUMER/CORPORATIONS BUT RATHER PLACES THE MONEY ON DEPOSIY WITH BOE WHICH PAY THEM 0,50%, NICE! HENCE TAKE A SHORT CABLE HERE AT 16517 WITH STOP LOSS 16550
REGARDS
PETER

DEAR READER,

FINALLY TODAY WE TOUCHED THE ALMOST MAGICAL PINT OF 150.00 I HAVE SEEN 14985/92 SO THE ONES THAT WANTED TO COVER HAD ALL OPPORTUNITY TO DO SO.
CONGRATULATIONS WITH YOUR NICE PROFIT! PERSONALLY I THINK WE WILL GO LOWER. AT THIS MOMENT WE QUOTE 150 10/15 SO A DAILY CLOSE ON ALMOST THE LOWEST POINT OF THE DAY. AND BESIDES THE S&P 500 TO WHICH GBEP/YEN IS PRETTY CORRELATRD CLOSED BELOW 1000 AT 998! I EXPECT STOCK MARKETS IN ASIA AND EUROPE TO FOLLOW THIS UP WHAT WILL PUT UP THE PRESSURE ON GBP/YEN. I THINK THAT WE COULD SEE 14800 REAL SOON.

BY THE WAY I JUST BOUGHT MY FIRST LOT OF USD/CAD AT 1,1040

REGARDS
PETER