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30pips GBPJPY Mission Accomplished
Tue, Nov 4 2008, 05:37 GMT
by Anthony Samaha
ForexSurvivor
30pips GBPJPY Mission Accomplished
A. (04 November Europe) Latest Impact: Volatility is Certain
It is premature to say that risk aversion will decline from here and what is certain in today’s trading environment is that markets’ volatility to persist.
GBPUSD risk remains towards new lows as BOE interest rates on the cut; nonetheless, the pound has already tumbled sharply (driven partly by strengthening dollar due to the settlement of Derivatives) leaving a limited capacity for further weakness.
B. Signal
n/a
Limit Order Valid till 07 November
C. Mission Accomplished:
ForexSurvivor Weekly Weekend Newsletter: Short GBPJPY @ 15550; TP 30pips
Position(s) Closed
D. The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
Published on
Tue, Nov 4 2008, 05:38 GMT
Archive
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Legal disclaimer and risk disclosure
The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
Risk: ForexSurvivor issues its ‘1 minute with ForexSurvivor’ program for information purposes only. The information contained is not reviewed in the light of your personal circumstances, should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe for any investment or service. ForexSurvivor Team makes no guarantees, representations or warranties and accepts no responsibility or liability as to its accuracy or completeness.
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