Monday, November 30, 2009

Watching the $

If I were in a WWF ring with a free for all between the baddest four wrestlers - The Undertaker in one corner, Stone Cold in the other and the $ in the last corner - I would be watching ...... the $

We are entering a volume light season, a season where I think stop hunting season could be on.

Every FX Trader is heading off for the hols sitting comfortable in there $ shorts - probably spending their trading bonus earned off their $ shorts! $ Bulls are probably working as temp cashiers in some nondescript fruit & veg store after being fired for racking up losses the last year - mind you they might still get their old jobs back.... USDZAR is still basing quite beautifully, as are other $ crosses. Biding its time the $ I believe is reading itself for a show of strength. This will coincide with the sell-off in the stock market.

Good Trading

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