Thursday, July 9, 2009

the price was off the bias was right



here are the some of the events
Economic Calendar 7/10/09PrintE-mail
GMTCcyEventsActualConsensusPreviousRevised
01:00AUDConsumer Inflation Expectation Jul3.20%--2.80%
01:30AUDEmployment Change Jun-21.4K-20.0K-1.7K-5.1K
01:30AUDUnemployment Rate Jun5.80%5.90%5.70%
06:00EURGerman Trade Balance (EUR) May9.6B9.0B9.4B
06:00EURGerman CPI M/M Jun F0.40%0.40%0.40%
06:00EURGerman CPI Y/Y Jun F0.10%0.10%0.10%
08:00EURECB Publishes Monthly Report Jul----
08:30GBPVisible Trade Balance (GBP) May-6.3B-6.7B-7.0B-7.1B
11:00GBPBoE Interest Rate Decision0.50%0.50%0.50%
12:15CADHousing Starts Jun141K130.0K128.4K
12:30USDInitial Jobless Claims565K608K614K
14:00USDWholesale Inventories May-0.80%-1.00%-1.40%
14:30USDNatural Gas Storage75B85B70B
I said to sell at the trend line which is resistance and only to stop adjust I got stopped out on my second 60 buy
but tried and missed buying 59.5 -where I was stopped


Trade both sides here adjust your buy in lower Oil will go up the data is pointing up the morons will change their sentiment soon. Those jobs numbers were good of courte retailo is bad savings accounts are up people have their money their are enough signs not to believe we are looking at a march 9th correction -I will buy into this weakness











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