January 31st, 2010 | 
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Trading Signals 30-31 Jan 10
0 New trades
Al’s comment: "Most markets have had some kind of decent sell off last week and I expect a sharp reaction higher where new shorts can be entered soon. So not keen to jump on at this point. Notably, Wheat and Soybean are working lower. I am looking out for a way to get onbaord these as they may persistently decline, maybe another 10% from here is possible. Gold on support and could sell off sharply, as mentioned last week – but equally it is a long shot to enter here as it is currently in a consolidation range, trading sideways. US Dollar still strengthening, if it pushes through the 80.00 level its time for some serious shorting of the STP markets."
Posted in n. Trading Diary