Not even Goldman can hold the markets back…
Well for now!
Persistence is the £â€™s new best friend.
It has abstained from the trenches of the high 1.4’s, and
has kept afloat 1.5.
This strength has been rewarded with a solid bounce toward
TWO MONTH highs en-route 1.55.
As you can see the dark brown line highlighting the
head&shoulders pattern, matches up perfectly to the 50 (blue) and 10 (red)
day Moving Average crossover.
This reflects an aggressive short term stance for £ bulls!
As long as the dark brown line (at 1.5325) holds until the
23rd, we should see movement up to 1.58. At that point I would then sell, and cap with
high No touches with my Fixed Odds signals.
If this line breaks down before the 23rd, by more
than 75 pips, then I will be capping this market at higher short term levels
also. As I would certainly expect to see
that level of 1.5 tested and more likely broken by 26th through next
week
As for the Ftse, Dow and S&P, these have all enjoyed
another ride higher, but I fear there rope is running thin.
If recent highs fail, or we stall for more than 5 full
sessions at Wed’s opening levels, then count on the sell-off 9the real one)
rearing its head by Thursday/Friday next week, maybe even this Friday if
resistance is too strong!
I placed a trade yesterday, hopefully netting me £1,300 by
tomorrow by tonight and there will be one more placed tomorrow on the Ftse for
my clients.
Until next time…
God Bless
Matt $haw
P.S. Do you earn over 250k per year personally, or your
company profits 300k+? If so, get in
touch, and I should be able to save you a FURTHER 15-20% off your tax
bill.
P.P.S. BOM have just emailed me, stating that they are
prepared to RAISE the trading limit to 50-100k for a group of 4-5 clients. This is MORE than EXCLUSIVE. At these levels, I can just trade 1 trade per
month and net you 5k each time. There is no pressure, just profit. Please email
me back ASAP on; fixedoddstrader@aol.com
if you are interested in this. I have a
fortnight to tell them, come on!
