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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