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Wednesday, 25 April 2012

Apple earnings surge 93% add risk to market.

expect S&P testing 1400 level. Dow Jones closed back slight above 13k.

Aud/Yen in a upwards chanel. Would be looking at re entry @ 83.50 level for intraday.


Monday, 9 April 2012

AUD/USD trading 09 - 13 april

Major Events that might impact Aud/Usd.

Monday : Ben Bernanke speaks.
Tuesday : China Trade Balance
Wed : Unemployment Rate Australia.

Any hints on QE (not likely) will push this pair above 1.0380 level . Trade call , Long position to be take at 1.0340 .. TP @ 1.0380. SP 40 pips.


For bearish trader, short @ 1.0280 , Tp& sp 40 pips respectively.

Regards
Pips farmer.

Sunday, 11 March 2012

Bullish call on S&P 500.

A chart Nikkei225/ S&P for this year 2012.  With euro debt crisis receding, I see S&P to 1400 level as we seen better US jobs data and employment slight at 8.3% . Iran and high oil prices seem as the immediate risk to US Equities.

Regards
Pipsfarmer.