Saturday, August 11, 2012

Euro Model goes NEUTRAL

The FXE (EURO) is a solid performer over the last year that stayed away from most LONG Extravaganzas and focussed primarily on the Short side with solid success.

Given the high degree of correlations within the RiskTrade the Bulls want to see a stronger EURO (weaker Dollar). Maybe this current break gives some MOMO to the RiskTrade ......Gold was making some start on Friday.

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