NewstraderFX

Forex Perspectives and Opinion

"Successful investing is going against the momentum and against the things that seem most logical in the present space."

Thursday, June 18, 2009

Daily Trend Line on GBP/USD

I'm going to be keeping an eye on this trend line-a break and close below it signals further weakness for the pound.

at 7:51 AM

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1. EDC (17.57%) Direxionshares Daily Emerging Markets Bull 3X Shares

2. EWT (4.83%) iShares MSCI Taiwan Index Fund

3. EWZ (12.2%) iShares MSCI Brazil Index Fund

4. RJI (6.19%) ELEMENTS Linked to the Rogers International Commodity Index

5. TIP iShares Barclays TIPS Bond Fund

6. TYO (31.34%) Direxion Daily 10-Year Treasury Bear 3X

7. UGL (6.12%) Proshares Ultra Gold

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