1 minute with ForexSurvivor

 

 

 

(02 Feb US) Latest Impact: Davos Downed Euro

 

            The Davos statement is written in red: leaders were not able to address a solution to the global crisis and instead, a new financial ‘cold war’ strategy between Russian & Europe is on the agenda. A further free fall from Russian Ruble would undermine ECB’s reserves, effectuating a long downtrend in euro - which already is underway.

 

 

Weekly Signal Résumé

 

(Position working of 30 Jan: Buying AUDNZD @ 12600; TP 13200 is an ok trade as long as 12255 is not seen again.)

 

 

GBPJPY closed breakeve (although 220pips have been made) as the rally did not last

 

15pips GBPUSD Mission Accomplished; Reminder: Short 15000 (Revise ForexSurvivor Weekly Weekend Newsletter 09 Jan 2009).

 

2 Positions GBPAUD closed this week (05-09 Jan) with 15pips each. No open position left.

 

 

 

Risk Certification

 

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.