Thursday, 4 June 2009

USD reasserts..

Greetings... the USD is pulling back to the 1.619 level to GBP as part of a pullback expected.

I feel Gold is near a High for a downleg but also part of a large continuation in my view...

I feel I am more suited to methodical well thought out position trades  over quick ones, it allows me to retain discipline and planning...

I am looking at a countertrend Soy Bean Meal Short which has shot up ... dangerous but it has gone very far on a long upside with out a break called by Gann guys whoe were right about the upside run...

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