HI GUYS, I JUST CREATED A DONATION BUTTON.AS SOON AS I RECEIVED ENOUGH GRATITUDES I WILL CHANGE THE BLOG AND IMPROVE IT AS MUCH AS I CAN. REMEMBER THIS IS A FREE BLOG
AND I KNOW A FEW OF YOU THAT MADE A LOT OF MONEY THANKS TO IT.....
THANK YOU
PETER RIS
Monday, May 31, 2010
Saturday, May 29, 2010
READING THE LAST POST IT SEEMS WE MUST TRY TO GET SHORT IN EURO OR AUD AT A DECENT RATE SUNDAY EVENING. I AM AFRAID WE WILL OPEN WITH A DOWN GAP. ALTHOUGH THE DOWNGRADE OF SPAIN IIS NOT THAT SEVERE IN TERMS OF QUALITY OF THEIR DEBT IT WILL ADD TO THE WHOLE OF THE EUROPEAN CRISIS.LETS WAIT AND SEE AT THE AUSTRALIAN OPEN TOMORROW.
from Ashraf Laidi
And so the Spain downgrade is the fundamental catalyst for the high profile failure by US indices to regain their much-scrutinized 200-day moving averages. Such was also the catalyst that prevented EURUSD from regaining the key $1.2440s trend line resistance. On Thursday, the Dow-30 had its worst May performance since the 1960s. A day a later, it was the worst May since 1940s. But stocks have yet to close below the May 6 lows, an occurrence which could trigger the next level of the sell-off in AUD and EUR below 0.80 and 1.21.
And so the Spain downgrade is the fundamental catalyst for the high profile failure by US indices to regain their much-scrutinized 200-day moving averages. Such was also the catalyst that prevented EURUSD from regaining the key $1.2440s trend line resistance. On Thursday, the Dow-30 had its worst May performance since the 1960s. A day a later, it was the worst May since 1940s. But stocks have yet to close below the May 6 lows, an occurrence which could trigger the next level of the sell-off in AUD and EUR below 0.80 and 1.21.
Friday, May 28, 2010
OK GUYS WEE RESULT 1764 POINTS AND MONTH RESULT A RECORD OF 4491 POINTS
MONDAYS ARE USUALLY QUIET TRADING DAYS AND ESPECIALLY THIS ONE AS IT'S 31ST OF MAY
TRADING RESUMES 1ST JUNE UNLESS I SEE AN OPPORTUNITY I CAN'T RESIST.
I RECEIVED SEVERAL MESSAGES ABOUT THE EMAIL FUNCTION. THE POINT IS THAT WITH BLOGGER(GOOGLE)SOFTWARE IT'S VERY HARD TO FIND AN EMAIL SOLUTION. IMAGINE I WOULD HAVE SAY 1000 SUBSCRIBERS AND DO 10 UPDATES A DAY. THAT WOULD IMPLY SENDING OUT 10.000 EMAILS PER DAY.NOW IMAGINE MANY MORE BLOGGERS START DOING THIS.THE SERVERLOAD WOULD BECOME TOO HIGH. THERE ARE A FEW PAID FOR SERVICES BUT DIFFICULT TO APPLY TO BLOGGER BLOGS. IT IS MY INTENTION NOW TO MIGRATE THIS WHOLE BLOG TO A WORDPRESS BLOG, WHICH OFFERS MORE PLUG IN POSSIBILITIES,ALTHOUGH AT A PRICE.TODAY I REQUESTED A BEFRIENDED WEBMASTER TO MAKE ME AN OFFER FOR THIS WHOLE MIGRATION PLUS EMAIL SERVICE AS I DO NOT KNOW HOW TO DO THAT MYSELF.ANYWAYS I THINK WORDPRESS BLOGS ARE NICER, CLEANER, TIGHTER THAN BLOGGER,WHICH IS VERY LIMITED TOO.IF YOU HAVE ANY IDEAS OR SUGGESTIONS PLEASE DO NOT HESITATE TO CONTACT ME AT RISPETER@GMAIL.COM
wISH YOU ALL A NICE W/E AND CU NEXT WEEK.
REGARDS
PETER
MONDAYS ARE USUALLY QUIET TRADING DAYS AND ESPECIALLY THIS ONE AS IT'S 31ST OF MAY
TRADING RESUMES 1ST JUNE UNLESS I SEE AN OPPORTUNITY I CAN'T RESIST.
I RECEIVED SEVERAL MESSAGES ABOUT THE EMAIL FUNCTION. THE POINT IS THAT WITH BLOGGER(GOOGLE)SOFTWARE IT'S VERY HARD TO FIND AN EMAIL SOLUTION. IMAGINE I WOULD HAVE SAY 1000 SUBSCRIBERS AND DO 10 UPDATES A DAY. THAT WOULD IMPLY SENDING OUT 10.000 EMAILS PER DAY.NOW IMAGINE MANY MORE BLOGGERS START DOING THIS.THE SERVERLOAD WOULD BECOME TOO HIGH. THERE ARE A FEW PAID FOR SERVICES BUT DIFFICULT TO APPLY TO BLOGGER BLOGS. IT IS MY INTENTION NOW TO MIGRATE THIS WHOLE BLOG TO A WORDPRESS BLOG, WHICH OFFERS MORE PLUG IN POSSIBILITIES,ALTHOUGH AT A PRICE.TODAY I REQUESTED A BEFRIENDED WEBMASTER TO MAKE ME AN OFFER FOR THIS WHOLE MIGRATION PLUS EMAIL SERVICE AS I DO NOT KNOW HOW TO DO THAT MYSELF.ANYWAYS I THINK WORDPRESS BLOGS ARE NICER, CLEANER, TIGHTER THAN BLOGGER,WHICH IS VERY LIMITED TOO.IF YOU HAVE ANY IDEAS OR SUGGESTIONS PLEASE DO NOT HESITATE TO CONTACT ME AT RISPETER@GMAIL.COM
wISH YOU ALL A NICE W/E AND CU NEXT WEEK.
REGARDS
PETER
I WAS JUST TOLD BY A SMART READER THAT THE ACTUAL RESISTANCE LEVEL IN EURO IS AT 12450 AND NOT 12430. REWATCHING MY CHART AND OTHER INFO I AM AFRAID I MUST CONFESS THAT IS CORRECT.A BAD MISTAKE ON MY END.SORRY FOR THAT GUYS......I HOPE WE WILL RETEST THE HIGHER LEVELS AGAIN IN NY AND I WOULD BE A SELLER AT 12450.SO ISF WE APPOROACH THIS LEVEL AND IT SEEMS TO BE HOLDING SELL 1 EUR AT THAT LEVEL.
HI GUYS,I WON'T BE IN TOMORROW MORNING EUROPEAN TIME. KEEP AN EYE OUT AT 12410 HOURLY RESISTANCE.IF IT BREAKS CUT OUT.I THINK IT SHOULD HOLD AS THIS REACTION UP TODAY IN ONLY NECAUSE CHINE ANNOUNCED TO STAY IN THE EURO BOND MARKET.LOGICALLY!IF YOU ARE THE BIGGEST PLAYER IN A MARKET YOU CANT'T WITHDRAW WITHOUT DAMAGING YOURSELF HEAVILY!
PEOPLE HAVE WEAK NERVES THESE DAYS.
PEOPLE HAVE WEAK NERVES THESE DAYS.
Thursday, May 27, 2010
I DO HOPE YOU FOLLOWED THE ADVICE AS MENTIONED IN THE LAST POST AND PLACED SOME STOPS.
TREND EUR STILL VERY MUCH DOWN BUT OBVIOUSLY EUR/GBP TOO.A BIG SELL ORDER EUR/GBP SEEMS TO HAVE BEEN EXECUTED OVER NIGHT. I STOPPED OUT CABLE AT 14400 WITH 15 POINTS LOSS AND BOUGH 3 EURO/USD AT 12220 FOR 190 POINTS PROFIT IN TOTAL. ALL SQUARE NOW AND LET'S SE WHAT NEW YORK SESSION BRINGS US.
TREND EUR STILL VERY MUCH DOWN BUT OBVIOUSLY EUR/GBP TOO.A BIG SELL ORDER EUR/GBP SEEMS TO HAVE BEEN EXECUTED OVER NIGHT. I STOPPED OUT CABLE AT 14400 WITH 15 POINTS LOSS AND BOUGH 3 EURO/USD AT 12220 FOR 190 POINTS PROFIT IN TOTAL. ALL SQUARE NOW AND LET'S SE WHAT NEW YORK SESSION BRINGS US.
Wednesday, May 26, 2010
Tuesday, May 25, 2010
Monday, May 24, 2010
Friday, May 21, 2010
HI GUYS WHATTA RTERRRIBLE WEEK IT WAS.FOR THE MOMENT THE CENTRAL BANKS AREE WINNING.I HAD EXPECTED SOME RESISTANCE FROM THE MARKETS,BUT DISAPPOINTINGLY MOST HAD THELMSELF
EXECU8TED AT THE SLAUGHTER HOUSE.BIGGEST DAMAGE WAS DONE IN EUR/USD WHICH I REVALUED
AT 1.2550 FOR 10 UNITS AND ONE CABLE AT 14450. I HAD MY EMERGENCY STOP IN SWISS AT 14150 SO ALSO I BIG LOOSER. AM AFRAID I UNDERESTIMATED THAT PAIR AS OBVIOUSLY THE WHOLE MARKET HAD THE SAME POSITION AS WE HAD SEEN THE EASYNESS IT WAS BROUGHT UP:NOT THE SLIGHTEST ACT OF RESISTANCE.A DISAPPOINTING WEEK HOWEVER WITH A 738 POINTS LOSS(WHICH IS SLIGHTLY FLATTERED!)NEXT WEEK BETTER.
HAVE A GOOD ONE AND BEST REGARDS
PETER
EXECU8TED AT THE SLAUGHTER HOUSE.BIGGEST DAMAGE WAS DONE IN EUR/USD WHICH I REVALUED
AT 1.2550 FOR 10 UNITS AND ONE CABLE AT 14450. I HAD MY EMERGENCY STOP IN SWISS AT 14150 SO ALSO I BIG LOOSER. AM AFRAID I UNDERESTIMATED THAT PAIR AS OBVIOUSLY THE WHOLE MARKET HAD THE SAME POSITION AS WE HAD SEEN THE EASYNESS IT WAS BROUGHT UP:NOT THE SLIGHTEST ACT OF RESISTANCE.A DISAPPOINTING WEEK HOWEVER WITH A 738 POINTS LOSS(WHICH IS SLIGHTLY FLATTERED!)NEXT WEEK BETTER.
HAVE A GOOD ONE AND BEST REGARDS
PETER
Thursday, May 20, 2010
2010.05.19
By Ashraf Laidi
ECB Intervention is inevitable, Gold set to catch down with other commodities & Aussie to way down under
Since neither the 750 bln IMF/EU/ECB package nor Germanys announcement to ban naked shorts succeeded in alleviating selling in the euro, coordinated central bank intervention to support the single currency is inevitable. Such action will unlikely reverse the euro's slide, but may help resurrect a 2-way market in the currency and slow down the damage.
By Ashraf Laidi
ECB Intervention is inevitable, Gold set to catch down with other commodities & Aussie to way down under
Since neither the 750 bln IMF/EU/ECB package nor Germanys announcement to ban naked shorts succeeded in alleviating selling in the euro, coordinated central bank intervention to support the single currency is inevitable. Such action will unlikely reverse the euro's slide, but may help resurrect a 2-way market in the currency and slow down the damage.
Wednesday, May 19, 2010
HI GUYS A LITTLE UPDATE FROM THE BRIDGE. UNFORTUNATELY WE SAW TODAY 3 ROUNDS OF INTERVENTION BY THE SWISS NATIONAL BANK. I HOPE YOU REMEMBERED MY FRIDAY ADVISE AND STUCK A STOP FITTING WITHIN YOUR RISK PARAMETERS.FORTUNATELY I WAS ABLE TO SWUARE THE EUR/YEN JUST BEFORE THE PARTY STARTED AND SOLD AGAIN AT A MUCH HIGHR LEVEL, ALTHOUGH WE ARE NOT ION PROFIT ON IT. OUR EUR/USD POSITION IS NOW 4 PIECES ON AVERAGE 12330 THERE ABOUT. MRS MERKEL DECLARED THE WAR TODAY TOWARDS THE FINANCIAL MARKETS AND SHE IS DETERMINED TO WIN THIS.WELL IF YOU THINK YOU CAN BUCK THE MARKET THE MARKET WILL BUCK YOU.ALSO PROHIBITTINNG SHORTING GERMAN BONDS IS ONLY A SIGN OF WEEKNESS. WE COULD SEE SOME MORE CORRECTION /CONSOLIDATION BUT IT IS JUST A MATTER OF TIME WHEN THE SELLERS COME BACK TO PUNISH MERKEL AND HER OTHER STUPID EU COLLEAGUES.
REGARDS
PETER
REGARDS
PETER
Tuesday, May 18, 2010
Monday, May 17, 2010
Sunday, May 16, 2010
GOOD EVENING GUYS. NOTHING HAPPENED THIS W/E IN EUROLAND,SO THE CRISIS DOESN'T GET CLOSER TO A SOLUTION.THERE IS TALK GERMANY WANTING TO LEAVE THE EURO AND ALSO THERE IS TALK US RATING AGENCIES WANTING TO CUT FRENCH DEBT.EITHER WAY DOESNT LOOK GOOD FOR EURO.WE MAINTAIN OUR STOP.ALSO KEEP A CLOSE EYE ON THE EUR/CHF POSITION AS SNB CAN ALWAYS INTERVENE,SO PLACE A STOP ACCORDING TO YOUR OWN RISK PARAMETERS.UNFORTUNATELY I HAVE TO MAKE A VERY SHORT TRIP TO MALLORCA TOMORROW EARLY MORNING, A 30 MINUTES FLIGHT.I HOPE TO BE BACK TO BASE UPON THE NY OPENING.GOOD LUCK AND WATCH YOUR COURSE!
Saturday, May 15, 2010
Friday, May 14, 2010
Thursday, May 13, 2010
Wednesday, May 12, 2010
Monday, May 10, 2010
Sunday, May 9, 2010
Friday, May 7, 2010
TOTAL RESULT FOR THE WEEK 2280 POINTS PROFIT. WHAT A WEEK IT WAS. EXPECT SOME CONSOLIDATION INTO NEXT WEEK BUT DOWN TREND EUR/USD REMAINS IN TACT. KEEP SELLING THE RALLIES. CABLE IS A BIT UNCLEAR AS WE DEPEND NOW ON THE UK COALITION NEGOTIATIONS. FOR SURE THIS W/E WILL GIVE SOME CLARITY IN THIS MATTER. THANK YOU AND WISH YOU ALL A GOOD W/E.
REGARDS
PETER
REGARDS
PETER
VERY OBVIOUSLY WE ARE IN THE REBOUND NOW RE EUR/USD AND GBP/USD.SHORT COVERING,GETTING OUT OF OVERSOLD TERRITORIES ARE THE NAME OF THE GAME. HOWEVER FUNDAMENTALLY NOTHING
CHANGED. THE UK HAS ITS HUNG PARLIAMENT NOW AND THE EURO IS JUST IN THE SAME POSITION. I EXPECT A BIT MORE PROFIT TAKING AND AFTER THAT THE OLD ADAGIUM OF SELLING THE RALLIES WILL COME BACK INTO FOCUS.I EXPECT STOCK MARKETS TO COLLAPSE IN EUROPE, THE CDS MARKET GOING UP FURTHER AND THE CURRENCIES AGST US COMING UNDER RENEWED PRESSURE.
WE WILL SEE TOMORROW MORNING IN EUROPE.DONT FORGET THE NFP FIG. BUT HAVE THE FEELING THAT A GOOD NUMBER WILL LEAD TO FURTHER SELL OF WHILE A BAD NUMBER WILL PROVIDE A NICE UP SPIKE TO SELL INTO.SO THE RESULT EVENTUALLY WILL BE THE SAME.GOOD NIGHT SEE YOU TOMORROW.
CHANGED. THE UK HAS ITS HUNG PARLIAMENT NOW AND THE EURO IS JUST IN THE SAME POSITION. I EXPECT A BIT MORE PROFIT TAKING AND AFTER THAT THE OLD ADAGIUM OF SELLING THE RALLIES WILL COME BACK INTO FOCUS.I EXPECT STOCK MARKETS TO COLLAPSE IN EUROPE, THE CDS MARKET GOING UP FURTHER AND THE CURRENCIES AGST US COMING UNDER RENEWED PRESSURE.
WE WILL SEE TOMORROW MORNING IN EUROPE.DONT FORGET THE NFP FIG. BUT HAVE THE FEELING THAT A GOOD NUMBER WILL LEAD TO FURTHER SELL OF WHILE A BAD NUMBER WILL PROVIDE A NICE UP SPIKE TO SELL INTO.SO THE RESULT EVENTUALLY WILL BE THE SAME.GOOD NIGHT SEE YOU TOMORROW.
Thursday, May 6, 2010
Wednesday, May 5, 2010
Tuesday, May 4, 2010
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