Tag: greece

Take the rest of the week off! :)

Really! The market is nervous, I’m nervous and most traders are too (I hope)! I just don’t think this is the right time to look for trade opportunities.

The situation on Greece its not looking good for the Euro, the surprising interest rate cut by the ECB (they are saying “euro economy it’s not looking good”), tomorrow USD and CAD employment reports. Do you see any reason to trade?

The only winner is gold (XAUUSD), it’s been going up, it is likely to continue its way up. If you have a long trade open I’d suggest you to hold it, if you don’t, just wait and resume your trading next Monday!

I’ll be looking at charts, but now way I’m going to trade neither today nor tomorrow!

Trade safe ok?

Raul Lopez
Forex Training

forex, greece, trading gold