The Path: January 2014

Monday, 27 January 2014

Japan reported a record annual trade deficit last year as energy shipments and weakness in the yen pumped up the nation’s import bill. The shortfall was 11.5 trillion yen ($113 billion), almost double the previous year’s 6.9 trillion yen, a finance ministry report showed in Tokyo today. Imports rose 25 percent in December from a year earlier and exports gained 15 percent, leaving a monthly deficit of 1.3 trillion yen. A record 18 straight monthly deficits show how nuclear plant shutdowns, higher import costs, and limited gains in export volumes are dragging on Prime Minister Shinzo Abe’s efforts to sustain momentum in the world’s third-biggest economy.

Saturday, 25 January 2014

My weakness I feel I must finally show....

How fickle my heart and how woozy my eyes
I struggle to find any truth in your lies
And now my heart stumbles on things I don't know
My weakness I feel I must finally show

Lend me your hand and we'll conquer them all
But lend me your heart and I'll just let you fall
Lend me your eyes I can change what you see
But your soul you must keep, totally free
Har har, har har, har har, har har

Awake my soul
Awake my soul

How fickle my heart and how woozy my eyes
I struggle to find any truth in your lies
And now my heart stumbles on things I don't know
My weakness I feel I must finally show
Har har, har har, har har, har har

In these bodies we will live, in these bodies we will die
And where you invest your love, you invest your life
In these bodies we will live, in these bodies we will die
And where you invest your love, you invest your life

Awake my soul
Awake my soul
Awake my soul

For you were made to meet your maker

Awake my soul
Awake my soul
Awake my soul
For you were made to meet your maker
You were made to meet your maker

I hope everyone has a peaceful weekend...

http://www.youtube.com/watch?v=tnr594wduLs

Wednesday, 22 January 2014

EURGBP Exposure..

This is my sixth week of short exposure in EURGBP and its starting to gather momentum... The price tags on the chart are previous risk placements..

Monday, 20 January 2014

NZD CPI better than expected..

More AUD Exposure..

Short AUDNZD.. a large stop on this ... 1.0750 is looming and it looks like the obvious place for weight in orders so I'm above it... if it starts to move my way the risk will be moved.. quickly..~1.0634 looks key. I'm going to try and keep an eye on this as we're in the zone of a lot of possible resistance... all down to 1.05.

How is Abenomics Doing?

http://macromarketmusings.blogspot.co.uk/2013/12/how-is-abenomics-doing.html

Gold...Where next ?

The jury is out with me atm... 1179 certainly seems like the line in the sand, the trend is down so currently my bias is short.. shape and form might suggest a descending triangle ?or it stays above 1179 and starts to build longs ?... there doesn't seem to be any conviction though in the last five weekly bar closes..
In the smaller TF's interesting balanced waves of buying and selling have started which is always a good sign and it might project up to the daily TF next..So If it can stay above 1250 i would think next stop is 1275..
Then after ?.

Monday, 6 January 2014

Weather to go....

We've had a crazy weather front here in the UK for a few weeks now...I cant quite remember one like it for quite a while... Its not only us I see either, it looks crazy at other parts of the globe too..

Lets hope the markets start the year in a more civilised manner ..