here is a look at asia news coming tonight

I bought at first at 62.58 then sold at 62.50 then bought at 62.20 after careful consideration 62.09 is the second to last place to buy based on technical reasons

we are now eleven straight points down I thought we would get a head fake bounce to 66

I was wrong and It cost me $580 so far. Euro-asian machine orders look horrific which is not good for the Yen which has been the only currency holding its own against the greenback

that Russia and China are so jealous of see where there go when trouble strikes running to the buck

From a trading perspective Oil should throw at least one up day in here but we have seen longer stretches than this in one direction Man would it have have been sweet to sell at 73.38

to that ridiculous late nite buyer last week and still be stop adjusting now

If we get stopped out on this one we may have to scalp for a couple days to cover today

I hope it does not come to that. Alcoa Spiked the CEO claims he has good news out of china

I bought a little he strikes me as an optomist but not a liar.

Economic Calendar 7/8/09 GMT Ccy Events Actual Consensus Previous Revised 23:01 GBP Nationwide Consumer Confidence Jun 55 53 23:01 GBP BRC Shop Price Index Jun -- 1.30% 23:50 JPY Current Account (JPY) May 1228.1B 966.3B 23:50 JPY Machine Orders M/M May 2.40% -5.40% 23:50 JPY Machine Orders Y/Y May -34.40% -32.80% 23:50 JPY Japan Money Stock M2+CD Y/Y Jun 2.70% 2.70% 01:00 AUD Westpac Consumer Confidence Jul -- 12.70% 05:45 CHF Unemployment Rate Jun 3.60% 3.50% 09:00 EUR Eurozone GDP Q/Q Q1 F -2.50% -2.50% 09:00 EUR Eurozone GDP Y/Y Q1 F -4.80% -4.80% 10:00 EUR German Industrial Production M/M May 0.50% -1.90% 14:30 USD Crude Oil Inventories -2.8M -3.7M

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