Shares sink on global economic worries; oil falls

• • Nov 15, 2012 6:55pm
  • #1
  • Quote

  • Tw0eleven

    1,666 posts

  • Eurozone in a recession, Stocks selling off big time, GU is down to flat for the week, AU has sold off this week...BUT the E/U has rallied for a 3rd day. What does that tell you? Look for a dip and buy e/u. I'm expecting a run up to 1.2850 +/- 10pips....maybe even 1.2900 before a pullback to 1.2700ish. Eurozone in a recession, Stocks selling off big time, GU is down to flat for the week, AU has sold off this week...BUT the E/U has rallied for a 3rd day. What does that tell you? Look for a dip and buy e/u. I'm expecting a run up to 1.2850 +/- 10pips....maybe even 1.2900 before a pullback to 1.2700ish.
• • Nov 16, 2012 4:11am
  • #2
  • Quote

  • Tw0eleven

    1,666 posts

  • And this is why I prefer not to trade on Fridays...you never know when the market will continue it's trend or if profit taking will take place before the weekend. You're guessing at best and that's never good when trading forex. Looks like what I was expecting won't happen so I'll call it a day&week. Have a good weekend! And this is why I prefer not to trade on Fridays...you never know when the market will continue it's trend or if profit taking will take place before the weekend. You're guessing at best and that's never good when trading forex. Looks like what I was expecting won't happen so I'll call it a day&week. Have a good weekend!
• • Guest

    IP XX.XX.36.153

  • 	Change Code
    Enter the characters found on the security image. To skip verification in the future, register to become a member.

Top of Page