Everyone is talking about everybody has been waiting for the sell-off that never came.
The currencies remain mixed. The CRb index has indicated we are in a commodity consolidation and Q E psychology could well explain the swing between 69.46 and 70.3
We legged in a 69.5 and we will take a profit or stop adjust likely the first since we expect more seesawing from the traders as they say they will or they won't in terms of the Q.E.
Overnight trading as we have said moves a lot slower so if it looks shaky you can usually get out at a minimal loss if not a small profit. If you are gonna draw a line in the sand 69.5
Seems as good a place as any
and drop an email chrgr06@yahoo.com to schedule
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