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EURUSD, USDCAD , DXY index Dynamic intraday hedging Dynamic intra day hedging: Fundamentals and and a lack of interest in the euro has has it fall substantially, USDCAD is -95% corralated to the EURUSD and we have seen a strong canadian dollar over the past few d ays. effectively by creating two positions one short on the eurusd and one long in usd cad with the same lot sizes we can effectively minimize risk. we can minimize risk even more by then adding the two lot sizes from eurusd and usdcad to create another positions in the dxy which then minimizes risk even more
INDEX:DXY
by GOVYTrader
EURO Decline -- Is it over? NO! No Evidence of Bottom YetThis chart shows EUR/USD, the Euro Currency, on a Weekly timeframe. (NOTE: Updated chart below, accidentally clicked off the Dynamic Levels that were supposed to be in the above chart) Plotted on the chart is SCMR Trends™, which sequences price to find the correct behavior and identify good setups. It is available (along with other indicators in the package) in the TradingView Marketplace App store. The point of this post is to state that on the larger timeframe, the Euro has provided zero evidence that it is done trending down. No -- it is not yet reversing. This is a relevant observation because the conventional wisdom is that the price is oversold -- and yes, it certainly is -- but that currently there is no actual evidence of reversal, so to bet on a longer term reversal here and now is not the right move. We would need more data from the market that suggests a reversal is actually underway (such a Blue unconfirmed reversal or an "O" plotting under price, a confirmed reversal). This may come to pass sooner than I expect, but the important thing is that it's not happening now. Looking in the past, the Euro was in an uptrend and provided several good signals from confirmed reversals up ("O" under price) and the Pivot bars ("P" above price). Today though, all we see is red (a downtrend). My take is that the market can trend lower for several more weeks before a true low (which is still theoretical at this point). ------------- Let's look briefly at the economic and fundamental reasons for this move. 1.) EU recession. Recent data from the ECB shows that Eurozone has negative growth. The ECB is not allowed to print -- only issue bonds -- so there is a *huge* cost incentive to weaken the Euro to boost demand for these bonds, especially if they are settled in dollars. 2.) The other side of the coin is that a weaker currency can help boost foreign investment, which adds demand to a stagnating economy. Both of these reasons, structurally and politically are why I believe the strong Dollar and weak Euro can persist longer than many expect. RISKS: 1.) Perhaps the ECB will change its tune. I doubt this 4.) Not a recommendation to buy or sell, just an example the ways in which you can combine structural fundamental analysis with price action, which while oversold, is not yet actually indicating a reversal (even if only temporarily).
by SPYderCrusher
17
UPDATE: LNG TRANSPORT IS STILL TRENDING HIGHER BREAKING OUT ADVERSE TO MARKET AND WORLD EVENTS This stock is above any resistance points and if continues above indicators on high side it will continually break highs on a daily basis. They are a Monaco based company that is very strong fundamentally and even spun off a LP for dividends under symbol GLOP. This is a fundamentally and technically solid stock and as America will stand to possibly be main if not only Natural Gas producer in world, then the European tankers will cut costs of transports and supply the EU with NAT GAS even if Russia cuts Ukraine and Europe off. Combining this withe the prices paid by EU countries for LNG and the threat of oil and gas being taken DOMESTIC LNG becomes a foremost priority to ship as of almost yesterday! ANOTHER GREAT FIND BY "JACKIE MOON" STILL ON FIRE
GLong
by bhorbs81
3
UPDATE:LNG TRANSPORT STILL CONTINUING TO BOOM MUST BUY GLOG IS THE COMPANY THAT SPUN OFF ITS PARENT COMPANY GLOP, WHICH USUALLY IS THE OTHER WAY AROUND HOWEVER ALTHOUGH ADVOIDING THE THREE MONTH RULE CERTAIN EXCEPTIONS APPLY.... IF A COMPANY HAS SUFFICIENT EARNINGS AND HAS ADDITIONAL REVENUE THEY WILL IMMEDIATELY PROSPER. AS SHOWN IN THE FIB LINES ON AN INCREDIBLE UPTREND EACH MOVE BREAKS THROUGH ANOTHER FIB INDICATOR SHOWING TRUE STRENGTH. UNTIL A PULLBACK OCCURS THIS IS A LONG AND ACCOMPANIES GLOG WITH THE GROWTH ,DIVIDEND, AND CAPITAL APPRECIATION ALL THREE IN ONE MAKE THIS A GREAT HEDGE TO ISSUES INTHE POLITICAL WORLD ESPECIALLY WITH THE FOMC MEETING TOMORROW. THIS STOCK , LP , WILL PAY APX A 7% DIVIDEND SO UNCERTAINTY IN MARKETS AND A SHORTAGE OF LNG ALONG WITH CAPITAL APPRECIATION AND GROWTH POTENTIAL MAKE THIS A MUST OWN BEFORE THE CRISIS IS SOLVED. ANOTHER PICK FROM THE MAN, THE MYTH, THE MYSTERY "JACKIE MOON" TY JM
GLong
by bhorbs81