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David Rodriguez
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David Rodriguez is a Quantitative Strategist for DailyFX, specializing in statistical studies and the algorithmic trading systems which drive the DailyFX PLUS Trading Signals. He holds a degree in economics from Williams College with heavy emphasis on quantitative methods and began trading financial markets during the tech boom and bust of 1999-2001. Though his focus has shifted to currencies, he keeps his finger on the pulse of a broad range of financial instruments.
Posts by David Rodriguez:
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Weekly Forex Trading Forecast: Will Risk Trends or QE3 Take the FX Re...
Sat May 18 01:02:00 GMT 2013Both the S&P 500 and US Dollar continue to soar to new heights - bucking traditional risk appetite currents. Will the yield chase maintain this unusual mix or will sentiment finally shock the markets back in line?
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Japanese Yen Bounce Almost Guaranteed, but at ¥103 or ¥110?
Fri May 17 22:00:00 GMT 2013A Japanese Yen bounce looks almost guaranteed on crystal-clear signs of a sentiment extreme. But timing is the only thing that matters in trading—does that happen at ¥103 or ¥110?
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The Dollars Surging, but Why Might it Rally Even Further?
Fri May 17 21:00:00 GMT 2013The Dollar has surged to its highest since late 2010. There are some big “ifs”, but if things fall into place the USDOLLAR could rocket even higher.
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Huge Week for Forex Markets, but Even Bigger Moves Coming Soon
Thu May 16 16:15:00 GMT 2013What a difference a week makes. Retail FX traders went from buying aggressively into Dollar weakness to being universally short USD across the board. We like buying.
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Euro Breakdown is the Real Deal - We Like Selling
Thu May 16 16:00:00 GMT 2013Retail forex traders have bought aggressively into Euro weakness and sold into US Dollar strength—we remain plainly in favor of continued EURUSD declines.
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Smart Money Bets on British Pound Weakness
Thu May 16 16:00:00 GMT 2013Retail FX crowds continue buying aggressively into British Pound tumbles, and our sentiment-based trading strategies remain positioned for further declines.
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Australian Dollar Direction Couldnt Be Any More Clear
Thu May 16 16:00:00 GMT 2013Retail forex traders recently hit their most long AUDUSD on our record books, and our sentiment-based trading strategies continue selling enthusiastically into Australian Dollar weakness.
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Japanese Yen Trade Looks a Little too Obvious For Comfort
Thu May 16 16:00:00 GMT 2013There are countless warning signs that the Japanese Yen could soon bounce (USDJPY, EURJPY weaken), but retail traders remain aggressively long JPY and we have little choice but to favor further declines (USDJPY,EURJPY strength).
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Gold Price Declines Show No Signs of Slowing
Thu May 16 16:00:00 GMT 2013Retail forex traders have bought aggressively into Gold price weakness against the US Dollar (ticker: USDOLLAR). We think gold has further room to fall.
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SPX500 Seems Unstoppable, but Major Warning Signs Arise
Thu May 16 16:00:00 GMT 2013The SPX500 continues to hit record-highs with such frequency to become boring, but it’s this sense of complacency that warns we’re much closer to a top than most think. Our retail CFD trader sample confirms that the risk of pullback is substa...
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Video: Watching US Dollar Trade Setups as AUD, CHF Plummet
Wed May 15 15:30:00 GMT 2013The US Dollar continues to surge across the board, and we like buying into strength--but where? Here are a few setups we're watching.
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Why is the Australian Dollar Falling and Why Might it Fall Further?
Tue May 14 15:00:00 GMT 2013The Australian Dollar has fallen to 11-month lows despite record-highs in the S&P 500. Why has it fallen and—more importantly—why do we think it could fall further?
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Video: Dollar Breaks Out. Here’s how We’re Trading It
Mon May 13 15:30:00 GMT 2013The US Dollar has thundered higher across the board, and professional traders have positioned for further strength. Here's how we're trading it.
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Dollar Thunders Higher, Traders Positioned for Further Strength
Mon May 13 14:00:00 GMT 2013The US Dollar has broken higher, and traders have positioned themselves for further strength. We like buying USD against the AUD, EUR, JPY, and CHF in particular.
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Forex Trading Weekly Forecast 05.10.2013
Sat May 11 03:14:00 GMT 2013Forex markets saw an explosive end to the week as the US Dollar (ticker: USDOLLAR) cleared critical highs. We believe the week ahead can bring similarly large FX market moves.
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Dollar Surge is Only the Beginning
Fri May 10 22:15:00 GMT 2013The US Dollar finally showed signs of life and surged against major forex counterparts even as the S&P 500 finished at record-peaks. The safe-haven USD may rally further as sharp gains in FX volatility prices suggest the Dollar breakout is the “real deal”.
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Trade Update: US Dollar Surge the Real Deal, We Like Buying Strength
Fri May 10 16:00:00 GMT 2013The impressive US Dollar breakout looks like the real deal. Here’s how we’d like to trade the Greenback against the Yen, Euro, Australian Dollar, and others going forward.
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Forex Trading Crowds Bet on US Dollar Bounce - Trades Look Attractive
Thu May 09 15:00:00 GMT 2013FX Trading crowds are long the US Dollar (ticker: USDOLLAR) against all majors except the Australian Dollar. Those positions might work out well as the USD bounces off key support.
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Gold Prices Forecast to Bounce Before Larger Decline
Thu May 09 15:00:00 GMT 2013Retail forex traders remain marginally net-short Gold versus the US Dollar (ticker: USDOLLAR), and our contrarian view of crowd sentiment leaves us in favor of short-term strength.
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Australian Dollar Forecast to Hit Fresh Lows
Thu May 09 15:00:00 GMT 2013Retail forex traders recently hit their largest-ever AUDUSD-long position on record, and our contrarian trading systems sold AUDUSD in anticipation of further declines.


