Welcome to my Trading Blog

Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Monday, May 10, 2010

Euro 900 Billions Bailout, Can it work ?

The 900 Billions Bailout looks massive and excessive, but I personally Doubt that it can  calm the Investors Emotions and solve the economic woos of the P.I.G.S. nations.
Moreover, it took them 3 months to come out some proposal (Joint Euro/IMF ) to lighten up Greece problems!
Now it is 900 Billions of  Bailout Funds ! Can they execute it ?
The Forex Market is the Best means to gauge the confidence level  of  Both  investors/Trader .The Euro/Usd  managed to have a mild short-lived reversal from its Low to almost 1.3090 during the Monday US trading sessions,, but since then NOW it is  heading South again to almost 1.2728 in the beginning of the Asia trading sessions this morning.
The Indicators look extremely Bearish for the time being,  so we should look for more opportunities to sell down after the brief Bounce especially the stock and future markets, both Euro/US  Equity markets!!
On Forex , there are right now ample chances for you to Make your Dreams coming through !

No comments:

Post a Comment