Wednesday, February 1, 2012

Reversal Thursday!!

Timing markets is impossible. The Gold plunge ive been talking about first at 1739, then at 1749, did not materialize, even though we did get 20-25$ corrections after hitting both levels. This is my third and final attempt to pinpoint the turning point for gold, and im not talking about a correction, but a trend change and major move lower....... I think the Euro has already topped near 1.3232, so i wont post a chart, but here are another two great plays im anticipating, the GBP, and the Aussie....Some trades you 'feel' more than others.. These im pretty sure about...Still, stops will be placed 30 pips above each level as always.

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