trading

trading

Wednesday 30 November 2011

Central Banks ( FED ) agreed to provide cheaper dollar loans to the European Central Bank- which can then provide cheaper dollar loans to cash-strapped European banks.


As a result of bankers united effort markets gaped approximately 40 points right from the gate. What's next ? Well we'll see, and in the meantime re-read the below blog for some possible scenarios. What's the edge here ? PATIENCE - patiently waiting for your set up to show up and accepting being out of the market as "A" position OR slowly start building your position in small increments and pyramid up only if confirmed correct by the market, staying nimble and aware that anything can happen in this crazy environment.

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