Wednesday, January 28, 2009

Surprises in the markets..

Am expecting surprises that the market will challenge traders with these next 2 weeks. Whats obvious may just turn on a dime. Its obvious that there's some "fight" or tussle in the direction of most ccy pairs. Thats why there's a lack of convicted follow through. Which side will win over... thats left to be seen. Example : out of the blue the ifo number came in better. Where did that curve ball come from ? Is it believeable ??? It now appears nothing is believeable LOL One thing is for sure.. the swings in price will get a bit more volatile. How am I positioned... well am short eurgbp . Its the only comfortable trade I feel for myself. Would love to see how the "private groups", "elite groups" of traders quided by a mentor and method perform this year. Just a curiosity -)) Their calls are so "secret" that it is not shared LOL Well more hogwash for wannabes to gravitate to. Such is the nature of man. Its been a traders market and not so heavenly for position takers. Guess trend followers have to really prove themselves this year.

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