Ideas, Ideas I need some Good Ideas…
For the last few weeks I have really been struggling. More on the back of subburness rather then bad ideas. I know what to do (rid myself of my bad positions) but I havent done it. I am still a firm believer that interest rates around the globe all merge closer together. Brazil, Iceland (I know…where did I come up with that one), Argentina all lower over time. This is the big picture. There will clearly be alot of noise, but in 6-9 mths I am convinced these rates will be lower.
These are the FX Trading ideas for today.
FXTRADINGIDEAS@AOL.COM
Latam Markets continue to march ahead
Latan American currencies have rallied huge today after an initial weakening of the currencies after the Employment report. I have been trading very poorly of late but I am coming around to the realization that this trend WILL continue. Why fight it ! It is easier riding a trend, and even easier when that trend pays you a nice yield. It is to late now but when I get back to work next week I will reestablish short dollar positions.
Good Luck to all
FXTRADINGIDEAS@AOL.COM
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