New positions, trades and ideas

Look at them HERE:

www.oilman-forex.com

New positions

Short 7481 AUD$
Long $Y 119.31
Short EUR$ 1.2558
Short GBP$ 1.8605
Look

Aud Flash Report

OZI FLASH

Aud Flash Report

OZI FLASH

Flash AUD/CAD.

AUD/CAD close to start an alert.

Chart

Euro Scalp Daily trade

Access it here.

Oil man NewsLetter

Get it Here

Eurusd Down , and updated.

Eur/US$ Updated

Euro keeps going down as expected key area now 1.2450 , an important area, which opens new downside targets if broken close to 1.2040.

A bounce on the trendline isnt to be ruled out even though everything as of now pointing to continuation of the move.

A good trend is starting

Cannes Oil man 14:32 GMT October 10, 2006
The sign of the trend is picking up form.
After watching the market and seeing each time how the general market respond.
The masses are now all short $'s , against the euro and long bonds.
They are now looking at a shocking -20% on their bonds if they bought as their bankers advised 1-2.5 years ago..
Trying to pick a bigger trend in bonds while it was close to 1% or 2% interest rates..
This position accoupled with net short's positions , are now being passed around out in september..As for now, all this people see the euro has a great addon to their already thinning portofolios..Under 1.2450 , they will close this risk ..now going long $'s..finishes at 1.20 ..There is a last spike and the market reverses..

A clear sign that the Euro's are just quiet now, though many are posting still contra trades , many are still long , silently waiting an upside move , while seeing daily the prices move down, adding event further at the moment.

Then they close and the swift action starts, under 1.2450 ..Acceleration of the downward moves..Lest we go in new range pattern 1.2450-1.2660 for another 2 months.

3 years of Oil man's Calls Resumé.

PAST Predictions:

UAE Oil man 10:40 GMT January 6, 2003
First 1.075x �

Then 1.0450

Then 1.16+

1.12

1.26

the coccoon is ready to mature!

UAE Oil man 17:48 GMT January 10, 2003
$yen :

115 line will be tested..(one could buy THERE and try 114.98)

you see 114.98 Sell for 109=>100=>83.
GL.

moscow Oil man 17:41 GMT May 20, 2003
just sell usd !! euro still very undervalued ..

UAE Oil man 03:46 GMT May 27, 2003
Some may well remember 135-115 post..(last year)

Well here are the new cookies one year new targets.

usdjpy 115-83 (Break break 114.98!!Let it drop ..)

Euro 1.1-1.4..

Usdchf 1.4-1.12

Gold 350-420

oil 34-40+..

GL and good trades to all

Oil man's 06:54 GMT May 27, 2004
Our systematic approach on the $/CAD is currently to be shorting the $/CAD 1.37-1.39.
Ideally targetting low 1.2's.
On a technical analysis side, we note several trending indicators which possibly indicate further strenght in Canadian dollars.Some of this indicators are currently as bearish as $CAD 1.60,However signals do change (we were Long $cad from lower levels before the break 1.3870)and we'll stick to the value of the signal until our risk limits are hit (sorry if that is obvious.)

As for the fundamentals for the strenghtning of the Canadian dollar, I (personally) feel the surge in oil prices will be a big part of it.

Best regards.

Future , Immediate predictions

Cannes Oil man 07:48 GMT September 11, 2006

$/CAD:
For me 1.1220 is a break , a place to ADD to long positions ..
1.1220->1.1365->1.19.

Cannes Oil man 13:56 GMT September 28, 2006
Added $CAD 1.1092.
Great prices, the canadian oil&mergers is offering top prices for us spot traders.

-Bought CALL $/CAD 1.12 expiracy January 10 KO 1.21 ;prem 92 pips.
gl gt.

Cannes Oil man 13:42 GMT September 28, 2006
The market was very nice, giving a panic spike (which i mouth pieced about well enough aka: €1.282-£1.9060, sometimes makes me feel like a broken record.)
---
Now offcourse people are going to chase the tail , while market drops , and drops.
---
Cannes Oil man 08:43 GMT September 27, 2006
once 1.2612 is open 1.2520 open the gateways..

Cannes Oil man 09:02 GMT September 27, 2006
Current :
-Short 1.2827 S/L entries T/P 1.23
-Short 1.9060 S/L entries T/P 1.8630
-Put 1.9023 P/T 1.8800 S/L None
-Long $CAD 1.1130 & 35 S/L 1.1080 T/P 1.1360-1.16

Cannes Oil man 17:26 GMT September 18, 2006
Meanwhile i don't rule a quick spike to the upside cleaning out the shorts , and the continuation of the lowering ranges (Descending triangle ranges as seen on the charts i posted)..I am still long and for the moment(friday 1.264x) waiting a upside spike to take profits and go shorts 1.2750/1.2860..
---
I m even going to add that : if this €$ doesnt break 1.2860 today , and starts going back down, it might be the high till new test of 1.2630 and i feel break below(my target is 1.23)..Risk still 1.2860+ for the day.
gl.

No prisoners.

This is the $Y , when it starts moving...

People looking for downside get chopped and margin called..

Then when everyone is done for , this is the rest..

Yen Trendlines.

Trendlines are coming to play.

121 and 125-128 (That one depends if you take the shadows into account).

Most tech's don't (so 125).

Oil stories

Oil chart posted below , with broken trendline..5 days break out

60.87 on upside
57.63 on downside


60.87 goes targets 62.50.

However 57 goes targets the gateways 55.00 which broken opens the whole downside to 43.

Eurusd Going down as indicated.

Updated Charts..

The euro is finally breaking out of it's ranges , like indicated for the past weeks.

Here is the updated charts with first support coming off at 1.2570 and 1.2550

EUR$ Trade

Short 1.2715 S/L 35 (Now lowered them to entries) T/P 1.2660

Eurusd New charts

Eurusd support 1.2615 needs to break for 1.2550 gateways.

The way of the Dollar.

The dollar is finally showing signs of picking up steam , as commodities slump.

€$ pivotal level at 1.2613 , Still short this week from 1.2750 , GBP 1.8888 short , and offcourse $/CAD 1.1092 long (T/P 1.16-1.20).

It is time we break out of the insane ranges, and see new price levels.