[CRYSTAL BALLING - JULY 20TH-25TH]


I'm continuing my new strategy into next week, it was a good week last week except for Friday - where I gave some back on tilt and not really following my own rules. I have included BP and Tullow Oil into the European watchlist this week.

I feel I needed some big cap exposure in oil for the Euro stocks, which BP provides nicely. Tullow Oil is an inclusion based on the technical indicators I'm reading into the chart, basically a gap closer above the 200MA with some nice hammers ending the week off:



Euro hitlist this week now is:
  • NOK, SIE, BAY, RBS, TLW, BP., FRE.

US Hitlist:

  • C, BAC, X, MON, DELL, UAUA, RIG, GE, GM.

As per usual there are a few I'm just watching - including Tesco as a possible Euro day trader. I will also start watching Baidu and Google a little more closely. I'm starting to get used to Apples movements too so this could be traded this week.

I have changed timescales on Monsanto to 15min, and US Steel to 10min. RBS is now 5min.

Keep an eye out for intra-day updates, there could be a lot this week. I am going to Crete for a week on Thursday, so Wednesdays posts will be the last until August 4th.

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