Wednesday, April 26, 2006

What a month

Well I can honestly say that I am glad that this month is over! What a mess. Nothing and I repeat nothing that I have done has worked out. Taking the next few days off with little to no positions and we start again on Monday.


Monday, April 10, 2006

Markets have finally cracked

Well as much as I hate to say it the Emerging Markets have finally cracked. Colombia has lost 3% in a week and Mexico has lost 7% in the last month. clearly the Shine has come off these markets. I have cut back on mosty of my risk, but I am not willing to go aggressivly long dollars at this time. I am currently Long Usd/Clp against short Usd/Cop. Not a very pretty picture. But I think that Chile should catch up of Colombia has gone to far to fast. We will see I guess.

These are the FX Trading Ideas for Today.