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Replies to #27838 on FOREX TRADERS

Nettles

12/14/08 12:30 PM

#27841 RE: Worn_Buffet #27838

yes let us know when you find out more about the whole thing. As for the trading game plan I think I continue scalping, big surprise lol. But mainly going long against the USD on pullbacks with the Australian dollar. The yen is getting choppy so I will be looking for opportunities with that against the GBP. Might also play the EUR/USD, at the moment given the drama around the bail out no bail out going on it might be perceived that other countries seem to have more of a game plan for recovery than we do. At least until Obama takes the reins but who knows what happens between now and then. One has to wonder if there aren't more debacles out there like the Maddoff thing and now that prominent New York lawyer that was selling pretend paper, it must be that the pressure to perform on those extremely high levels and be swimming in outrageous amounts of cash and support these lavish lifestyles must have really overwhelmed some people. One can only hope that our rather unhealthy obsession with money in this country corrects itself some through all of this, but there I go dreaming again.