Thu, Aug 13 2009, 02:20 GMT
by Abdul Khan
Overview
The real world and the financial markets are miles apart!
The overnight comments from the Fed suggest the good times are back, and that financial doomsday has been avoided. Despite my scepticism, I can no longer stand in front of this train, I have to go with it.
Markets never see a shakeout until everybody is fully invested.
Please see below for today's trade ideas
For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there.
Data for Today
EU: GDP
US: Retail Sales
US: Weekly Jobless
US: Business Inventories
Trades for Today
EUR: Buy dips towards yesterday's lows
AUD: Buy dips towards yesterday's lows
AUDJPY: Buy dips towards 79.00
Email for details regarding stop-loss and profit targets. You can also now get me on twitter at:
http://twitter.com/forexplus
Published on Thu, Aug 13 2009, 02:25 GMT
Income Generation Strategies
| Level 26, Waterfront Pl. 1 Eagle Street, Brisbane, Qld. 4001
http://www.incomegenerationstrategy.com/ | abdul.khan@tricom.com.au
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