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Tuesday, August 08, 2006

TRICKY GAME GOING ON.. Enjoy it.. NEVER PANICK !!

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Traders in NY are PLaying tricky
And this is USUAL stuff.
To make other traders confuse, to kick the Confused traders out. this is the game.
Hold the positions still.
Keep An idea of where to cut off position when something goes far foreward Against.

Gold we shall say around 638 - CUT OFF
EUR/USD - 1.28 - CUT OFF

The message is clear as Dollar is Weak
And the Stamement sounded very neutral and non-committal, markets will have hard time deciphering these comments.
One of the Member in the committee was HAWK,
And right now market will Analyze every thing, for a right direction to be Approached.


We shall Advice further

Cheers.

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