Posts Tagged ‘us dollar’

EURO Wind-up for the week:

The EURO Avalanche continued this week.

For those in cash positions, I’m sure you’ll be convinced by now (with the data we’ve been passing along to you for some time), that you’d be better off holding US DOLLARS than EUROS these days.

I began a little experiment this week in tracking intraday price movement using our approach.

I decided to use this weakness in the EURO to illustrate the wisdom of using Daily trend direction and applying it to taking only one-sided intraday trades in the same direction as the Daily trend.

It was also a good time to illustrate how we can also track intraday trends just fine (in fact, much better than fine!) for those who are inclined towards a more active investment style.

By the way, the wind-up results for that last Euro intraday short pick and, results for the week, can be viewed by Members only below:

[If you wonder what members are seeing that you aren't, just click on the 'Golden Ticket' over on the  right margin and Join right now. There's no obligation and it's completely FREE. That's right, FREE.]

Member Only access begins here: [Content protected for members only]

Disclaimer: The content on this site and article is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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Holiday ‘Hello’s’ to all you money tiger trackers out there.

I hope you’re getting ready to settle in for a long winter’s nap (Holiday-wise anyways).

Best wishes for this Holiday and for a prosperous and less confusing New Year.

Here’s a little update on the blog sent out yesterday.

SHANGHAI COMPOSITE STOCK INDEX:

In yesterday’s observations, I mentioned that the Hang Seng Index was tipping over the edge, but, that the Shanghai Composite Stock Index wasn’t at that point – YET.

Well, what a difference a day makes. It seems that overnight, as we suspected, the two markets came closer to alignment and agreement on a future direction for trend:

DOWN. Here’s the chart.

The downward movement of this market into alignment with the Hang Seng ups the odds heavily that there will be a break to the downside that is fast and noticeable.

Now that the world has turned to the Chinese markets and China in general to see if it is pointing the way to prosperity, the time is ripe for a disappointment to new investors.

What will appear as losses to us will be profit-taking by the true money-tigers of the East.

Money is leaving Gold, the Euro, Australian Dollar and other currencies and is going into the US Dollar for some reason we’re as yet unaware of.

Money needs to go somewhere to work and commodities (excepting the precious metals) and the US Dollar seem to be some of the prime destination spots for this flexible, global traveling cash.

GOLD: The Gold market hit our bottom resistance price area of $1080 which we set a week or so ago.

So, I would set the next step down in price before a rebound (and for a high probability bottom for this cycle) at between $1036.40-$1046.50 ( assuming Cash Gold’s high as $1226 NY Spot).

I favor the lower end of the range as likely.

We’ll just wait and see how the gold trend develops.

As the chart to the left shows, price trend continues in a decline phase on the 30-day Gold price charts.

This blog will have a few days off as we draw closer to the Holidays, but, I’ll be posting some thoughts before the New Year on other markets and trends. - George

P.S.:

A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell  or to really do anything except to observe, along with me the rhythm of the big money tiger traders and institutions working at what they do best – swinging and manipulating market prices.

Disclaimer: The content on this site and article is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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All the news and excitement the last week is about Gold and the US Dollar.

Precisely why one should be careful. We’ll discuss the Dollar in the next blog, but, we’ll examine Gold in this one along with our chart.

For those who are not members and who are reading this part of our blog right now, the Money Tigers Group is about tracking the big money in the markets. We try to locate their buying and selling price areas and reveal the traps they set for average investors.

Sadly, today’s price in Gold seems to be another one of those ‘price traps’ that the big money loves to set up against the little guys in the markets. Our present indicators show that the $1060 price area is a gold inventory unloading zone for those big money interests that have picked up Gold at much lower levels.

Another indication, of course, is the public media coverage of the subject. Now, suddenly, Gold is no longer a ‘barbaric metal’, but, an ‘investment vehicle’. A wealth stabilizer would be a more apt term, what with the dollars rapid declining value.

When we speak of Gold at a selling area, please don’t assume that we mean that the up trend is over. Not at all. The up trend is solidly in place. The sell-0ff that we expect now is merely to discount down the price of Gold to a level where it will be picked up again in ever larger quantities.

Now, we must move to the all revealing chart of the Gold market and the place where we must bid goodbye to our non-members. (there’s lots of benefits, free information and you can join for free by filling out the form at the bottom of this page). [Content protected for members only]

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Disclaimer: The content on this site and article is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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Hello my friends.

It’s taken many weeks and months, but, I’ve finally had enough of the “Inflation vs. Deflation” arguments by the ‘experts’ and talking heads out there in media land. And, not just them. I’m sitting here with the latest flyer to hit my mailbox expounding on the imminent dangers of DEFLATION running amok and creating the next Great Depression.

This clever brochure has the same characteristics as most presentations on the inflation/deflation theme. Everything is backed up by charts and statistics. You could easily read or listen to either argument and agree by the end that each was correct in their assumption.

Where does that leave you but confused and a market schizophrenic. A bad state to be in when considering one’s portfolio or how to manage one’s nest egg unemotionally.

So, let’s draw back and dip our toes back into REALITY, shall we?

Can we agree as a starting point that what has NOT happened, doesn’t need to be worried about?

We can? Good. Now, we can get somewhere!

Here’s the bottom line of my observations (using my own unconventional tools):

[details, charts and those tools are only available to private members of the Money Tigers Group. Membership is FREE.]

(JOIN TODAY!). [Content protected for members only]

Disclaimer: The content on this site and article is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial product, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of firms affiliated with the author(s). The author(s) may or may not have a position in any security referenced herein. Any action that you take as a result of information or analysis on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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