ForexHedge

Pound since December 2009

Ron Schelling — Thu, 11 Mar 2010 20:29:30 +0000

The Pound has fallen to its lowest level since April 2009.

Trade Weighted Pound is the weakest since October 2009.

Whats next ?

Economic Recession, Depression, or Systematic Breakdown

Ron Schelling — Wed, 10 Mar 2010 17:50:02 +0000

The National Bureau of Economic Research is the arbiter of business cycle recessions. They define a recession as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production.”

Read this very good artile from The Market Oracle:

http://www.marketoracle.co.uk/Article17665.html

Weekly USD/CLP

Ron Schelling — Sun, 07 Mar 2010 12:08:43 +0000

Multiple Trend Analyses on the Chilean Peso against the US Dollar.

Bottom Red/Green line is the Weekly Trend with Daily Trend above the weekly.

Red/Green dot indicates speculative buy/sell signals on daily data.

Correlations and Time

Ron Schelling — Thu, 04 Mar 2010 17:22:33 +0000

The matrix below shows precious metals correlations against different indexes and time frames.

The same is happening against different currencies, so European traders must hedge that risk as well.

However the matrix belows shows the impotrtance of different time frames.

British Pound Targets

Ron Schelling — Wed, 03 Mar 2010 16:10:46 +0000

Election risk, debt and inflation can push the Pound below GBPUSD 1.50 towards 1.40 !

Read this interesting analyses from:

http://marketoracle.co.uk/Article17594.html

California is a greater risk than Greece !

Ron Schelling — Mon, 01 Mar 2010 13:43:24 +0000

Very interesting article from the Telegraph newspaper. Jamie Dimon, chairman of JP Morgan Chase, has warned American investors should be more worried about the risk of default of the state of California than of Greece’s current debt woes. http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7326772/California-is-a-greater-risk-than-Greece-warns-JP-Morgan-chief.html

Trends of the Majors

Ron Schelling — Sun, 28 Feb 2010 19:26:49 +0000

Still very strong trending majors, with below the EUR/USD with daily and weekly bars.

Daily and weekly trends signals are at the bottom of the chart.

Check it out the other majors at: http://www.2hedge.com/mmfxhedge.html

US Bankfailures

Ron Schelling — Thu, 25 Feb 2010 17:15:50 +0000

Very interesting article from: http://www.marketoracle.co.uk/Article17392.html

A study into historical relation between the Saving and Loan crisis of 1982 to 1989 and unemployment rate, reveals that Bank failures take years to peak after Unemployment rate has peaked. Unemployment rate peaked in 1981 and steadily fell after that. At the same time, Bank failures mounted with nearly 2000 banks brought to their knees in about 6 years with 1989 accounting for nearly 534 of them.

FX Ranking

Ron Schelling — Wed, 24 Feb 2010 18:06:05 +0000

After being away from office for 5 days, I first checked strength and weakness before doing more analyses to get into the market again.

Below I compare strength and weakness of the major currency pairs and cross-rates with the situation 5-days ago (right column).

FX Ranking

Ron Schelling — Thu, 18 Feb 2010 09:42:01 +0000

Below the Ranking in Strength and Weakness of the Major Currency Pairs and Cross Rates (2e column from the right) which you can compare with the Ranking 5 Days ago (right column).

I am away a few days and back Wednesday Feb. 24th.