Sunday, July 13, 2008

Trades for Tonight - July 13, 2008 - 8:10 PM EST

While I am still bearish on the dollar, there should be a short term correction in the market after Friday's huge losses for the dollar. Given banks failing and oil prices out of control, the govt should be intervening making the market a bit unpredictable.
Given Sunday the US markets are closed I am going to refrain from trading till tomorrow when I shall post more signals.
I do see on the charts a slight correction in favor of the dollar and am going to try and scalp a few pips.
So until tomorrow no trading....

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