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Yen Crosses Crashed, but Gapped!

Mon, Sep 8 2008, 06:08 GMT
by Anthony Samaha

ForexSurvivor


ForexSurvivor

Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.

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Remove all Limits Orders if any.

A.        (08 September Europe) Latest Impact: Freddie & Fannie to Crash the dollar

The unlimited bank bailout announcement yesterday that has been announced by Mr. Paulson won’t work in reality, except to worsen the financial crash.

Yen Crosses gaped at the opening, and what usually happens when a gap occurs while the currency crashed? Yen crosses crashed the previous week, the recovery of the crash won’t have the strength to be built yet, so closing gap is the target and should be.

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Remove all Limits Orders if any.

B.        Signal

n/a

Limit Order Valid till 15 September

C.        Mission Accomplished:

N/A

Position(s) Closed

D.        The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****


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