“Straight ahead you cannot go very far» wrote Antoine de Saint-Exupéry, whom I have mentioned in previous occasions. Author of «The Little Prince», pilot, adventurer, journalist, he died when his plane was hit by the German Luftwaffe in 1944. This book, The Little Prince, should become compulsory reaing at our schools because it sets in a very simple way a positive philosophy of existence and it inducts you to think, this painless activity as fruitful as nothing else. In this case, the header sentence is suggesting to us that we should adapt to the environment and that living in accordance with your beliefs does not mean to be unflexible with anybody. With regards to the trading activity, one must be open to constantly explore new systems, new strategies, new trading ways, in order to be successful. Good morning.
This morning Asia challenged us with general positive outputs in their exchanges, reaching 2,73% in Hong Kong and 1,68% in Tokio. The picture in Europe is also positive, particularly the Spanish index which is 2,07% up.
EURUSD shas kept wandering around 1,1150 most of the morning and those waves are still showing up now. USDJPY sprinted upwards earlier today breaking over 110 yens per dollar and it has remained above this level since then.
Gold went down at the same time towards 1219,90 but has clmibed back much of its earlier drop. Oil is acting erratically, with ups and downs that reach 49,30 above and 48,97 below for Brent.
Not much expected on the macro data to be published this afternoon, barely Services PMI in the US at 15:45 and the change in oil reserves at 16:30.
El Mundo del Trading en los Mercados Financieros 