News highs on OIL in the cards

So... haters are not writing anymore? What just happened? Maybe the long month gains in same indexes wiped out in days? Just keep buying volatility because this isn´t over yet, is just the beginning.

OIL my guess is that a powerful move up is on the cards, there was a relief in prices and now new highs are coming... charts are telling that, what will be the cause the media will write about it.

Carefull in these trading environment... buy and hold with central bankers protection is over and the result is... estagflation.

Big time rallie on dollar coming

For now i am playing a huge dollar rallie... i think that such a rallie is on the cards short term... Charts are telling me that, the pessimism on the air, the positions that specs are taking, for example:

"CFTC: Speculative accounts added further to their net euro long position and did a surprising flip to a net yen long position as per March 1, according to CFTC data released Friday. The non-commercial futures-only (ex-options) section of the CFTC's COT report showed that speculators increased their net euro long to +51,308 contracts up from last week's net euro long position of +45,598 contracts and a marked difference from net short of -45,182 contracts, seen January 11. This is the largest euro long position since January 8, 2008."

I don´t think China bought such amount of treasuries since December if they didn´t knew that dollar will rise big time... I don´t believe it. So i am playing some crosses, like:

Short AUDUSD

Short EURUSD

Short AUDCAD

Short NZDUSD (this cross is very bearish)

And Long NOKSEK (because of oil)

Maybe is on the cards some move by USA to bring company dollars home, some kind of incentive that will put a power move on the rise of the dollar...

I will leave some charts.

Open minded

Everyone nows or should now that developed countries are fucked near term... But something is strange in the markets and i don´t have certain that we will crash soon.. why? Because everyone is expecting that and oil is on the center stage of discussion... if and when kadafi steps out markets will rallie and oil will fall hard near term.

For now Nasdaq100 is doing a nice H&S but since 2009 every H&S is furious buy opportunity... so be carefull short term and expect violent reactions either way. Stay open minded and bull or bear what we want is make money...