First conclusion

After 4 trade recommendations there is now time for a conclusion:

#1: EUR/CHF reccomendation was stopped out at 1.6260. A minus of: -0.7%
#2: Crude: There I did nearly exactly at the top reccomend to sell: Right now a plus of: +2.8%
#3: EUR/HUF: i reccomend to close this position right now with a plus of: +3.1%
#4: Bad Dow reccomendation :) you cannot always win so i was a bit too enthusiastic on this one, closed with a minus of: -1.1%

In total the portfolio performance right now is: +1.025%

Dow before big support

Hej. Right now the Dow is around a big support, made by the midterm uptrend since January 2008. In the next day the Dow Jones will either hold the trend or create a new one. In my opinion the support will be strong enough.



Trade Recommendation:
Go Long in the Dow Jones
Buy right now at about: 12210
Stop-Loss: 12075

some piano hiphop stuff for you to listen to: http://www.youtube.com/watch?v=YQ6zdmfxEco&feature=related

EUR-HUF, much more creative

According to a friend an anlysis of crude oil is to less creative. Good how about EUR-HUF. Due to Trichet the EUR has strenghten against the Forinth in the past days. Right now the upmove is facing a ressistance by a down-trend since march 2006.



Trade recommendation
Sell EUR/HUF
Stop-Loss: 250.20

MUSIC recommendation by my friend *tired*: http://www.youtube.com/watch?v=xwwbCCiPLNs

Oil before big ressistance

Have a look at the key ressistance at about 138.45, its evaluated by the 161,8 fibonacci reatracement of the second uptrend since August 2007 when the oil rally begun.



Trade recommendation:
Sell Crude Oil
Stop-Loss: 139.50
Take-Profit: Open

Music to relax to: http://www.youtube.com/watch?v=J8sNfLq-Zaw