investmentcafes (80.27)

3 Comments – Post Your Own

#1) On September 30, 2010 at 4:20 PM, investmentcafes (80.27) wrote:

I should have said..Right Shoulder Formation..not " TOP"....this might be the end of the Momentum trade as explained.SEE uptrend of EUR Vs Dol since 9-11.Take care,be prepared.

Happy Trails

Report this comment

#2) On October 02, 2010 at 4:52 AM, ATH001 (22.31) wrote:

Hello ICafe,

Would you allow me to ask which currencies you believe to be safe? Would you recommend just moving into another currency, or is there another strategy that you would recommend?

Thanks for your thoughts.

Luis

Report this comment

#3) On October 04, 2010 at 12:42 PM, investmentcafes (80.27) wrote:

Thank you LUIS for your interest and Question.

I would begin by saying theres no perfect " Currency"..

what you can do is,as many are, Hedge some portion of your porfolio vs upside/Downside risk.I'm not sure what your investment objectives are..Short-Term,Long-Term...days,weeks,motnhs,Years...ETc..And what portions of your portfolio are " LONG Only".?..Short..in Bonds..Stocks..Gold..Commodities...ETC...to set-up your portfolio should include a " TIME" objective...and parameters regarding lessening the inherent Risk of your protfolio....whther it be in LARGE,MED,SMALL,Cap stocks with a Balance to some sort of " Global" Diversification to offset the inherent risks of being only in one country....that will ACT as a Currency modifier or Risk Hedger to some degree as Each country trades or acts Differently depending on a variety of Global or country specific issues...Right....therefore to only want a Single currency to act as risk your hoping that currency will act as your hedge...which can be apart of an " Overall" Strategy but shouldn't be the only.

If you or anyone would go to fxstreet.com...you can see from 9-11....the { EUR vs DOL} chart on a 4HR,8HR chart has an exteneded up trend with defined buying at bottom of Channel...and 2-5 day up trend,some sellling then it's hits that uptrend..and has gone up again for a month,past the previous,recent top...if it breaks that bottom trend as I noted  @ 1.3640...a pullback will occur..to what I'll call up trend again but at a lower level..{ 1.3000 }  Daily chart area Uptrend...when support should be found.

I Cannot sir give invesment advice...I CAN point you into learning How to Chart,Trade..and what to look for or how to try as you asked find a good alternative to " Popular" Advice..that you may,maynot be recieving about a particular Currency.

What is happening currently is..Traders,Computers/Governments.." BIG" money uses these charts as You/Anyone can and does to Trade but maybe in your case find a point in time vs when you "BOUGHT" or will BUY Stock and Hedge,downside or the inherent risk of that Stock sector with an ETF,currency,or commodity play or Options that will possiblly make money should the markets correct further,depending on What market your in...and protect to some degree to the downsidde a currency or use a pair of currencies..long one/Short another  but sir Learn how to use Fibonacci levels...%R or any other pertinet Technical trading to offset whatever useful information,10k,8-k,insider trading that can be obtained freely over the internet or from the companies themselves.....

I hope this answers your question,thankyou for your time.

Happy Trails

 

Report this comment

Blog Archive

2010

2009

2008