I just have seen this and recommend it to everyone who wants to get into the inner workings of the worldwide money flows!

More G7 Billious Bellowing About FX by Culture of Life News

And here some stuff from the beloved Cryptogon

Foreclosures Jump 57% in Last 12 Months

“Subprime Was Just the Beginning”

UK: House Prices Fall at Fastest Rate Since 1978

Oil: New High Above $113

Messy Symmetrical Triangle on U.S. Dollar Index Daily Interval

Wachovia Resorts to Emergency Fundraising

I opened a 4H trade shorting the Pound against the usdollar.

4H bar closed right below Support of last week!

SL = 1.9673  ——————TP is 200pips away @ 1.9415

Have a great evening/midnight/morning/noon wherever u are ;)

Okay the News knocked my 2 positions into oblivion ;)

GPB CPI came in @ 2.5% vs expected 2.6%!

Performance now @ -151 Pips

I am now at the sidelines and waiting and watching!

I longed the GPB/CHF again..and my GPB/USD Position is still on!

G/J & G/C got stopped out for a loss of overall -69 pips which brings the perfformance since starting this blog to – 82 pips!

No problem ! think long term ;)

I`ll keep ya updated!

Okay i rushed a bit bit this action just looked too good ;)

I longed all 3!

Targets are not “in position” ..i will watch them and close them manually as i see fit!

Charts ->

Edit: I added Trailingstops (only client-side) of 45pips on every Position to alert me through a LOUD sound signal  because i have to write another article for another project now!

I am preparing to Long GPB/USD , GPB/JPY or GPB/CHF..but i am still waiting for the news in approx. 47Minutes GMT!

Somehow my blog postings loose their formating..

i hope i can fix this soon but for now i hope it doesn`t destroy the readabilty !

Forgive me that i am still such an blog noob ;)

Monsanto’s Harvest of Fear via Cryptogon

U.S. housing collapse spreads overseas via Cryptogon

Food Riots ‘An Apocalyptic Warning’  via Cryptogon

Casey Research - The Room 14/04/2008 

via Freemarketman

Global Hunger Grows via ControlledGreed

The G-7 Communique and the Dollar via Econbrowser

Don’t Bet the Bank on a Big Rebound in S&P Profits via Global Market Beat

Food Fights via WorldPress.org

THE I.M.F. GOLD SALES WILL BE VERY GOOD FOR THE GOLD PRICE

via FinancialSense

The Global Food Crisis & Gold’s Valuable Role via FinancialSense

Jim’s Interview On CNN’s Your Money via Jim Sinclair’s MineSet

The Criminal Actions Of Mainstream Media via Jim Sinclair’s MineSet

Make sure you own these two currencies! via World Currency Watch

Ron Paul - Bailing Out Banks via Alan’s Money Blog

Did the Fed Cause the Housing Bubble? via Mises Economics Blog

Even G7 and Retail Sales Can’t Help the US Dollar

via Kathy Lien

JPMorgan (JPM) Down 7 Days in a Row via Bespoke Investment Group

Have a good one !

Yesterday there was only one decent setup, but guess :D

Yeah i missed it as i was not on my desk..they say hindsight is 20/20 but i still think it`s worth to post “how” i would have taken this trade if i had been available.

I marked the Entry points with arrows.

First Entry is based on a strong support which already held on the 8^th and 9^th of April.

The second is based on Price crossing the resistance of the 11th of April.

Overall Target would have been around 1.9840ish.Chart is 30mins instead of 15mins so one can see the support the days before.

All other pairs which i am watching didn’t offer anything imho.

And the fav GPB/CHF is still in a narrow range.

Only Crude Oil shoot up to new Record Hights!! Gold should follow suit soon!

Hopefully we get some action today.

News today are scheduled as follows->

@ 9:30 GMT we have the GPB CPI y/y

@ 13:30 GMT USD Empire State Business Conditions Index

@ 13:30 GMT USD PPI m/m

and @ 14:30 GMT TIC Net Long-Term Transactions

(review them @ the Forex Factory Calendar (note that u have to change the timezone and it will only remember ur settings if u have an (of course free) account there.)

Have a great day and an rewarding Pip Hunt!

Aidan