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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)

Friday, May 28, 2010

Spain has just been DOWNGRADED to AA+.... EURO/USD REVERSAL HALTS ..EXTREME VOLATILITY MAY RETURN AND......DOWNFALLS FOR ALL MAJOR EQUITY INDICES IMMINENT NEXT WEEK ??

The steady reversal on the EURO/USD halts after FITCH has downgraded Spain just minutes ago, causing an immediately down spike of over 100 pips , now this pair is heading South again rapidly... Now traded at 1.2300, Breaking below 1,2250 may expose the recent Low at 1.2143 AGAIN.


This downward price action SHALL  halt all reversal on the World"s Equity// /Forex Markets right now,. ... Very damaging indeed,... Now the US markets (S & P 500, and DJ are ALL down 1% after this Spain Downgrading !!


Traders who are on-line now must execute immediate Trading actions !! Extreme Volatility  will be back next week,, 


ALL TRADERS ARE TO GET READY FOR THE POTENTIAL BREAKOUT  FOR  EURO/USD, GBP/USD, USD/CHF.; AND  A  POTENTIAL HEAVY DOWNTURN FOR  FTSE,DAX, S & P 500, CAC MAIN INDICES FOR NEXT WEEK  TRADING ....
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