Here those articles which found valuable enuff this week to recommend them further!

Some of them are a bit out-dated (as far as traders are concerned) but they are worth the read for sure.

The Big Picture ->

The Race to the Bottom Accelerates via The Financial Ninja

Libor, from Edward Talisse via Daily Speculations

German Government Ups It’s Growth Forcecast For Q1 2008via German Economy Watch

Good times, bad times via UK Housing Bubble

The bailout begins via UK Housing Bubble

The Subprime Crisis and Government Failure via The FreeMarketMan

Keynes on the Ravages of Inflation via The FreeMarketMan

The Political Economy of Moral Hazard via The FreeMarketMan

Sovereign Wealth Funds:Time to Sell the Family Silver? Via DeadCatsBouncing

Investment theme: The Big Picture Via DeadCatsBouncing

The US Dollar and the Limits of Irresponsibility Via AlephBlog

“Eight hundred years of financial folly” via NakedCapitalism

Question Everything via TheBigPicture

Citigroup, RBS, Barclays, others, Short of Capital Via Mish’s Globa Economic Trend Analysis

Reykjavík Under Seige? Via Rob Booker’s Piptopia

Words from the (investment) wise for the week that was (April 14 – 20, 2008) Via InvestmentPostcards

Forex->

 Was Friday’s Rally Just A Short-Squeeze? Via GraceCheng

Dollar Falls Vs Euro On Bank Of America’s Earnings Via GraceCheng

Could Last Week’s Surge in Stocks Signal a Rebound Ahead? Via GraceCheng

Early London Workout System: Can I Follow My Charts? Via ForexBlog by Lloyd

Are Central Banks Out of Their Minds? Via Kathy Lien

Why Every Trader Should Be An Investor Via TraderFeed

A Few Trading Psychology Observations  Via TraderFeed

Becoming Your Own Trading Coach: A Case Study Via TraderFeed

Common lies of the system sellers via SimonSuperTrader

Giant List of Forex Brokers Via Alan’s Money Blog

 Misc->

What the Heck is MindMapping? via LivingTheTropicalIslandDream

Asymterical Leverage via LivingTheTropicalIslandDream

CNN`s Richard Quest arrested for drugs in New York via Reuters

Real Scoop: Television Pundit Analyzer via The BigPicture

Fortune 1000 via The BigPicture

Things go better with Coke (Not to be confused with crack) via NakedShorts

DNA Turns Relatives Into Genetic Informants via NakedCapitalism

Trade Politics: Public Opinion Via Trade-Wars

Skype Launches Unlimited International Calling Via Lifehacker

10 Things To Learn About Yourself When Traveling Alone Via BraveNewTraveler.com

The Difference between a Liberal and a Radical Via Mises Economics Blog

Top 10 Email Productivity Boosters Via Lifehacker

The Economics of Happiness via Freakonomics

DGC Magazine Special Issue #1 - Complementary Currency

Via Alan’s Money Blog

Lot`s of stuff i know ;)

My Silver Long was stopped out and i missed my entry on GPB/USD ..

but hey i still got a life right? :D

I am quite busy today but hope i can post my “interesting Articles” soon.

WSJ: BofE to Announce Bank Bailout Plan on Monday

via Calculated Risk

The ForexFactory Calendar has it already as an tentative event!

Check this and plan & trade accordingly!

Have a good one…

Hi everybody!

Another week ,another wagonload of opportunities for us ;)

I recommend to re-read last weeks wrapup to compare the charts with the situation for this weeks start!

Especially GPB/CHF ;)

Okay now to the actual charts:

Gold 4H Chart->

Gold did not manage to advance above 953$ and is now quoted around 915$.Here maybe an reasonable entry point but I stick to my plan and wait again.

Silver 4H Chart->

I longed Silver as there is  a good looking Price Action Setup.

First Target is the 240 SimpleMovingAverage (Black line) and if it can break above i`Al let it run..

Palladium ->

Won`t post a chart! It ranged the whole week going nowhere..

Crude Oil->

Just a chart..i still see nothing there to trade besides NEW RECORD HIGHS..

“Crude oil for May delivery rose $1.83, or 1.6 percent, to settle at $116.69 a barrel at 2:46 p.m. on the New York Mercantile Exchange, a record close. Oil touched an all-time high of $116.97 a barrel at 5:01 p.m. in electronic trading. The Nymex posted a high trade of $117 a barrel at 2:47 p.m., and the quote was subsequently withdrawn.”

GPB/USD a.k.a Cable 1H Chart-> 

Next overhead resistance is 2.0050..if it can break with convincing Price Action i will long..otherwise there could be also a short opportunity arriving depending on what the GPB/USD sensitive news will tell us this week. Watch and wait.

GPB/CHF 4H Chart-> 

Anyone can remember what my arrow targeted last week?

It`s one thing to be right but an entire different thing to trade right!

I posted in an Position Update that i waited for an retracement back to 2.0000 to enter long..because i was not available to take the trade i missed about 220–450 Pips(depending on Target Areas) …i don`t regret anything but sometimes it hurts to miss such great opportunities..anyway`s the less it hurts the better my Psychology will be ..new opportunities are around the corner..

GPB/JPY a.k.a Geppy 4H Chart-> 

Sitting` on my hands!

EUR/USD a.k.a Fiber 4H Chart-> 

I am waiting for an Short Opportunity!

USD/CHF a.k.a the swissy 4H Chart-> 

The swissy managed to break out of its descending Triangle!

I am sitting on my hands for now!

USD/JPY 4H Chart -> 

It’s next overhead Resistance is around 104.50 and Support 102.85 (with an minor support in-between)

Sitting on my hands!

YEN FUtures 4H Chart ->

Only watching to decide on trades on YEN Pairs..i don`t trade it..but sometimes it gives great hints on direction.

AUD/USD a.k.a the Aussie 4H CHart ->

Sitting on my hands!

USD/CAD a.k.a the Loonie 4H Chart ->

I am waiting and watching..

USD/NZD  a.k.a the Kiwi

I am waiting and watching..

AUD/JPY

I am waiting and watching —thinking about Longing at a break of 97.40 with an overall target of 100.50.

Dollar Index ,DOW , Nikkei225, Dax ( All futures)

Mostly this weeks i want to see if the carrytrade’s can resume their surge and if Risk Acceptance is “really” coming back into the market.

I doubt it personally but i will trade what i see ,not what i think ;)

Overall i DO NOT THINK that the bottom in equities and carry’s is in and this is just a BIG big sucker rally..we will see if the market proves me right..

Next Update will be a roundup of the most interesting articles i came across the past week!

Happy Pip Hunting everyone!