‘Risk Trade’ Archive

Copper suggesting the Dollar will break support?

02/01/2011, filed under Copper, Dollar Update, Risk Trade; Comments Off.

Copper and the Dollar have a “decent (not perfect)  non-correlation” relationship in the chart below.  Copper is breaking above its 2008 highs (reflected in the chart below)  Yesterday I shared that Tin is on a breakout move as well (see post here) CLICK ON CHART TO ENLARGE If Copper is taking the leadership role, the [...]

Euro breakout starting to take place!

01/18/2011, filed under Dollar Update, Euro, Risk Trade; Comments Off.
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Last week I shared that the Dollar looked to be trapped inside of a trading range and should start to move lower due to key resistance. See chart below (see post here)  This situation suggested that so called “risk trade” positions could do well. CLICK ON CHART TO ENLARGE  Since the Dollar hit key resistance [...]