Lanmar

Lanmar Updated 

CAD is correlated with oil, JPY is correlated with market fear. Hmmm

Lanmar Updated 

I view this cross as the best way to express a short position on oil and Canada, while remaining neutral or short on the US equity market, and bearish on Japanese equities for the intermediate term. Canada and oil have a .78 correlation coefficient since the early 2000's. I believe oil will remain weak and will continue to put pressure on Canada's economy....

Lanmar

Benoit Mandelbrot is famous for his contribution to the field of fractal geometry. While studying for his PhD at the University of Paris, he found that if a coastline is broken up into smaller pieces, the smaller pieces look exactly like the larger ones. In fact, the smallest piece of coastline looked exactly like the entire coastline. This concept is applied to...

Lanmar Updated 

Trade active - entry at 35.00

Lanmar Updated 

.

Lanmar

Great opportunity for a long position - I am much more interested in that than the potential profit made on shorting this.

Lanmar

.

Lanmar Updated 

I have seen countless charts for the Euro with trendlines that are typical to the yellow one I drew - they all hit somewhere at 1.05. If you trade using trendlines or incorporate them in your analysis, then you have be as objective as possible with them. The only way we could really be objective about trendlines is by perfectly lining up price points. Using that...

Lanmar Updated 

.

Lanmar Updated 

Nice probability trade with asymmetric risk/reward.

Lanmar Updated 

Notice on weekly chart - EURCAD consistently violates the 200 week MA and trends above or beneath with strong consistency. Long term weekly channel indicates a Euro rate of 1.20 - 1.21 against the CAD. Just broke critical structural support and a minor two month head and shoulders pattern. Good entry for a short right now as it retraces into structure. My...

Lanmar Updated 

See chart - update since my last Citi analysis

Lanmar Updated 

Structural bottom looks like it's in place. Good risk/reward. Update 4/24: Adding to my position at 16.82

Lanmar Updated 

See chart

Lanmar Updated 

See chart

Lanmar Updated 

Read chart

Lanmar Updated 

Read chart

Lanmar Updated 

In my last analysis on GBPAUD I stated that I would initiate a long position at 1.8600. Because of a new realization in GBPUSD I will hold off until GBPAUD hits 1.84/1.83. The trajectory in GBPUSD looks like it's headed for 1.48. Additionally, GBPAUD shows far more structure and symmetry at the 1.83 level than the 1.86 level which only strengthens the re-evaluation.