Watchlist Webinar for Wednesday, May 12, 2010
Remember: The purpose of these trade alerts and watchlists is to keep discussion going about what’s going on in the marketplace. It is not my intention to have you trade what I trade, simply to tell you which trades I take that we’ve talked about at the WLWs.
In order to make this the best learning opportunity for you, it’s important that you share your thoughts and ideas on the charts, fundamentals, psychology, or whatever you need.
Here’s the archive for today’s WLW.
Talked about some good stuff today and it was so great to have your input.
I’m not likely to take any new trades for the rest of the week, but I’d love to hear about it if you do.
I’m still working on the couple improvements that have been brought up with the comments on the blog. Did you notice the subscribe to comments option?! Yea! I’ve also had the request to have the most recent comments in the side bar as well as the ability to edit your own comments after you’ve posted. So…I’ll keep working on those issues.
Look for a Psychological report tomorrow, and the Fundamental Report on Friday.
Be good to you!
Triffany

Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at
Found this neat summary on the whole EuroZone issue – just a little more than a sticky situation….
http://www.nytimes.com/interactive/2010/05/02/weekinreview/02marsh.html
I’ve barely traded this week either, and only short term stuff, hourly and less… pretty subdued out there.
Look forward to the changes!
Nice chart Yaqui, we finally get to see who’s who in the debt circle, it seems the UK is quiet generous hmmm kind of makes me a bit proud ! but wow to france for lending italy 500bn !!! thats a bit nuts !!! where did they get that sort of cash from anyway ? selling crepes ?
I have to point out (a little obsessed as i am) that eventhough most pairs are closing today’s UK session at about the same price it started at, the NZDUSD did make a move downwards and will close net bearish … could this be a clue ??? And as far as my so called USDCHF, i think today like 1 guy changed some money at the airport, but didn’t like the rate he got so he asked for a refund, thats about all that happened !!!
I saw an interesting interview on FT.com today, where the intellectual doud was saying that this whole package was just a suggestion and that they had to come up with it just to save Europe … but in actual fact what they want to do, is not really lend all that money but create a back up plan that would create confidence and therefore liquidity in the market enough to supply the monies to these countries on their own … so the test will simply be, that if in the long term we see growing confidence from the package it might become a self fulfilling prophecy, otherwise someone is gonna have to actually come up with that cash, and i dont think we have it !!! crepe anyone ?
What a friggin mess! Thanks for sharing that chart, Truc. VERY insightful.
Sadly…an absolute house of cards, though.
US isn’t exempt. It would be interesting see the same graph between US and foreign debtors/debtees…especially China (on the cusp of their own financial downfall) and sovereign wealth funds (though much harder to find records on, I’m sure).
The truth of the matter is….economies need to MAKE goods again. Period.
BTW: Let me know if the “subscribe to comments” check box is working. Thanks.
Yes the subscription works, i checked the box and received 2 emails about your 2 comments.
and so everyone – you only subscribe to the comments on the page you are at, so that the next new post will have a new subscription for the comments on that one, you aren’t stuck with an endless subscription.
Yes, and I believe you have to actually comment first to have the option at all. Soooo…if you want to listen in on the conversation, you have to be part of the conversation.