Monday, February 13, 2006

Ideas, Ideas I need some Good Ideas...

For the last few weeks I have really been struggling. More on the back of subburness rather then bad ideas. I know what to do (rid myself of my bad positions) but I havent done it. I am still a firm believer that interest rates around the globe all merge closer together. Brazil, Iceland (I know...where did I come up with that one), Argentina all lower over time. This is the big picture. There will clearly be alot of noise, but in 6-9 mths I am convinced these rates will be lower.

These are the FX Trading ideas for today.


Friday, February 03, 2006

Latam Markets continue to march ahead

Latan American currencies have rallied huge today after an initial weakening of the currencies after the Employment report. I have been trading very poorly of late but I am coming around to the realization that this trend WILL continue. Why fight it ! It is easier riding a trend, and even easier when that trend pays you a nice yield. It is to late now but when I get back to work next week I will reestablish short dollar positions.

Good Luck to all