Monday, February 23, 2009

I TURNED THE CORNER ONLY TO FIND..SORROW!

Well Friday night I to sleep without the aid of a particular herb. I awoke in shock at a dream I had. All the crap of first world leader and the wealthy american had come a grotesque end. America is/was 'cash' poor. Outside of a check cashing place somewhere in San Francisco a line had formed. The store wasn't even open. I think was a friday and like a movie line they were waiting for a monday opening. For money! For real! Wow what the hell happened. The streets were filthy. It seemed like 1950's east germany-broke, and everything is black and white- no color. Like civilized society went back to 1900's in a single day. Wow. Maybe I shouldn't take naps.
So what does this mean to the world of forex. Not a dam thing - my dream take about a year and a half to come to reality so we all have time. So how much many can you save in that time folks!
But on a lighter note:
Keep your family safe. Especially the girls.
Save as much $ as possible.
Don't worry just keep you head up
and here are the weeks numbers:

http://custom.marketwatch.com/custom/usatoday-com/html-calendar.asp?view=economic
2/23
8:30 am
United StatesNone scheduled
CanadaRetail sales............................................Dec.
Tue.2/24
United States
Case-Shiller home pricesFHFA home pricesConsumer confidenceCanadaNone scheduled
Dec.Dec.Feb.
Wed.2/25
10 am
United StatesExisting home sales
CanadaNone scheduled
Jan.
4.80M
4.74M
Thu. 2/26

United StatesInitial jobless claimsDurable-goods ordersNew home sales
CanadaNone scheduled
2/21Jan.Jan.
N/A-3.5%320,000
627,000-3.0%331,000
Fri. 2/27
8:30 am9:45 am10 am8:30 am8:30 am
United StatesGDPChicago PMIConsumer sentiment
CanadaCurrent accountIndustrial prices
4QFeb.Feb.4QJan.
Trade accordingly my children.

Sunday, February 8, 2009

Latest and greatest..Feb 9-13, 09

Long time no internet see I've been mulling my time waiting for the right moment to strike.

With the Obama administration coming into its own I already see his magic working in the hearts and minds of the worlds financial streams. The market has bounced up where it could be going way way down. Is this a fluke? A suckers bounce? Dead cat double bounce? Well for the forex markets it has been extra startling. I was unpleasantly surprised the last two weeks with straight losses up and down my backside. This is no market for parttime traders. I need to trade on a smartphone like its necessary. The market has dropped or exploded now at least once a day for the past two weeks and it takes the currency curve with it. So I'm taking a week off to refocus. Oh I started Sac State and its going quiet well actually. I can finally get the monkey off my back sooner than later. Expected graduation date late 2010. Wow.

Mon. 2/9--------------------------------------------------------------------------------------
8:15 am
United StatesNone scheduled

CanadaHousing starts Jan.(expect usd/cad to do something here)

Tue.2/10--------------------------------------------------------------------------------------
10 am
United StatesWholesale inventories(I have no idea what to expect-rollercoaster?)

CanadaNone scheduled
Dec. ---0.6%
Wed.2/11---------------------------------------------------------------------------------------
8:30 am

2 pm
8:30 am
8:30 am
United StatesTrade balanceFederal budget(webrokeubroker;0)

CanadaTrade balanceHome prices
Dec.Jan.Dec.Dec.
-$34.8B--
-$40.4B$17.8B
Thu. 2/12-----------------real safe trading can take place-------------------------------------
8:30 am8:30 am8:30 am10 am
United StatesInitial jobless claimsRetail salesRetail sales ex-autosInventories

CanadaNone scheduled
Jan. 31Jan.Jan.Dec.
---0.4%-0.3%--
626,000-2.7%-3.1%-0.7%
Fri. 2/13--------------------------profit taking or continued increases/decreases--------------
10 am8:30 am
United StatesConsumer sentiment

CanadaVehicle sales
Feb.Dec.
60.5
61.2


Have a good week.

Sunday, January 25, 2009

NOTHING WILL BE THE SAME

I don't like giving bad news to good people. So this is it: I think we in for a knockout decline to the abyss by March or so. I love Obama and all that he brings to the table however, but the 'secret' hole was punched into the wall back in October. Its January going on February and it looks like it back to down down down. Why? well for one the "banks" are back and they are mpy going away empty handed. Second the housing market is, sorry was, ramping for a counterattack- I don't think so. Didn't this thing start with the words 'credit crisis' came around. Credit cards in the future will be for hundreds of thousands of dollars because only a few will have them. Another indicator for my mind is the 'currency super spike and dips'. Last week the news of Toyota's problems hit and asia markets/currencies was dropped hard. That during Obaman presidential nomination.
Happily the currencies will be around in the future and making some now would not be a bad idea. I need a vacation and soon as the kids are getting large and I haven't got out of california in years-hawaii is always on the corner of my mind. In real curreny trading USDCAD is overbought so I traded thurs. - fri. for a 50% profit. Also GBPJPY is the lightning bolt trade - a true indicator of the power of money. Tomorrow starts a whole new currency week so have a great weekend and keep your head up.

Thursday, January 8, 2009

Sunday, January 4, 2009

HELLO IT'S 2009..r u rich yet???

New Week the first week of 2009 should be upbeat.

1.)2008 is over and that's all that matters.

2.)January and February will be quit turbulent as a new wave of energy enters the markets.

3.)The obama era is on deck folks.

4.)a few of my New Years resolutions: Make lots of money, go back to school, survive 2009.

5.)Predictions 1: I predict I'll start another blog for predictions soon.

6.)Prediction 2: Real Estate may rebound as many people get back into the markets: the sidelines should begin to clear as money runs for more money.

7.)Forex news you say:

____________________________________________________________________

Yahoo recently changed the format of their currency page. They finally noticed the traffic spike of all the daytraders trying to trade the markets.

http://finance.yahoo.com/currency-investing

New attack: I redoing my attack the next few weeks I'll be making trades before work Thurs Friday between 2-5am instead of letting them run all day. Email me anytime for advice or whatever.

----------------------------------news this coming week---------------------------------------
Jan. 5
Construction spending
Nov.
Jan. 5
Motor vehicle sales
Dec.
Jan. 6
ISM services
Dec.
Jan. 6
Factory orders
Nov.
Jan. 7
ADP employment index
Dec.
Jan. 8
Consumer credit
Nov.
Jan. 9
Nonfarm payrolls
Dec.
Jan. 9
Wholesale inventories

-----------------------------------happy hunting and God bless----------------------------------

Sunday, December 28, 2008

last minute new stuff

Found awesome new website:
I would plagerize it but just go to these links if you need

forex bare bone tutorials: (you may have to register first)
http://forex.taojin88.com/index.php?showforum=27&prune_day=100&sort_by=Z-A&sort_key=last_post&topicfilter=all&st=0
forex definitions:
http://www.fxopen.com/FXLiterature.aspx
new forex websites some as low as $25 to start trading:
http://www.fxopen.com

2008 is a bad dream 2009 we all need to wake up and get paid$

Saturday, December 27, 2008

funny comics

This is really funny way to look at the subprime/financial crisis. The housing primer in comics.

http://www.businesspundit.com/sub-prime/