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CGTS DAILY FOR FRIDAY 25 SEPTEMBER 2009: CURRENCY REPORT

Clark's Gate Timing System
Thursday 24 September 2009
 

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crises should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

- Ludwig von Mises.

 


CURRENCY VIEW


One trade today: covering the short Australian Dollar/New Zealand Dollar (AUDNZD).  This is a trading cover; long-term position is still short.

Since everyone SHOULD be interested in what the U.S. Dollar is doing, we're including a chart of the UUP (USDollar ETF) below as well.  The Dollar is fighting gravity, and has been doing so for some time.  So far no trend change; but Intermediate-Term momentum has turned up.

See table below.


 

KEY: COLUMN 1: Currency Pair Symbol; COLUMN 2: Closing Price; COLUMN 3: New Short-Term Trade; COLUMN 4: Current Short-Term Position; COLUMN 5: New Long-Term Trade; COLUMN 6: Current Long-Term Positon; COLUMN 6: Currency Pair Name


CURRENCY            
9/24/09            
CUR PAIR CLOSE NEW ST TR ST POS NEW LT TR LT POS CURRENCY PAIR NAME
             
AUDCAD=X 0.944   Flat   Long Australian Dollar/Canadian Dollar
AUDCNY=X 5.91   Flat   Long Australian Dollar/Chinese Yuan
AUDJPY=X 78.927   Flat   Long Australian Dollar/Japanese Yen
AUDNZD=X 1.207 Exit Short Flat   Short Australian Dollar/New Zealand Dollar
AUDUSD=X 0.865   Flat   Long Australian Dollar/US Dollar
CADJPY=X 83.633   Short   Short Canadian Dollar/Japanese Yen
CHFJPY=X 88.556   Flat   Long Swiss Franc/Japanese Yen
EURAUD=X 1.694   Short   Short Euro/Australian Dollar
EURCAD=X 1.598   Flat   Long Euro/Canadian Dollar
EURCHF=X 1.509   Flat   Long Euro/Swiss Franc
EURCNY=X 10.008   Flat   Long Euro/Chinese Yuan
EURGBP=X 0.913   Flat   Long Euro/British Pound
EURJPY=X 133.668   Flat   Long Euro/Japanese Yen
GBPCHF=X 1.654   Flat   Short British Pound/Swiss Franc
GBPJPY=X 146.473   Flat   Short British Pound/Japanese Yen
JPYCNY=X 0.075   Flat   Long Japanese Yen/Chinese Yuan
NZDJPY=X 65.397   Flat   Long New Zealand Dollar/Japanese Yen
NZDUSD=X 0.717   Flat   Long New Zealand Dollar/US Dollar
USDCAD=X 1.091   Flat   Short US Dollar/Canadian Dollar
USDCHF=X 1.03   Flat   Short US Dollar/Swiss Franc
USDCNY=X 6.831   Short   Short US Dollar/China Yuan
USDEUR=X 0.682   Flat   Short US Dollar/Euro
USDGBP=X 0.623   Long   Long US Dollar/British Pound
USDJPY=X 91.235   Flat   Short USDollar/Japanese Yen
USDVND=X 17,912.50   Flat   Long US Dollar/Vietnamese Dong
USDXAU=X 0.001   Flat   Long US DOLLAR/GOLD




More information on this system can be found at

home.mindspring.com/~mclark7/CGTS09.htm

A draft of the book Turn Out the Lights can be found at the website below.  This book is a description of the metaphysical causes of the economic cycles of expansion (Day) and contraction (Night).

www.hoalantrangallery.com/Turnoutlights.htm

 

MJ Clark's Gate Timing System
Hanoi, Vietnam

84 4 221 92210