▼ Our last week forecast on indices was good as we expected a down move. We were just surprised by the violence of this fall ! Friday was a counter trend small rally. We still can go take the stop around 1170/1150. The only thing that makes me hesitate is the fall of Gold and Silver, and it is a good thing. Why ? The big bosses, the ones that know, were on the Gold rally since the beginning and just have taken out their profit. They are cash now. On what will they invest ? Personally I would choose Stocks. They are so cheap and companies still profitable. Stocks up, business up, everybody happy...
Yes I am optimistic for 2012 !
▲ Totally wrong on last week EURUSD forecast. I know the pair as the possibility to go to 1.3 but I think we will bounce before 1.32. Still long term bullish on it.
Profitable robots since 3 years have been removed :-( Volatility is too strange at the moment for them with all there rumors. We just keep a martingale swing one that do no miracle but has proven his regularity.
We are still waiting approval for our PAMM Forex Investor Account.
We work currently on scalping low risk systems running on Futures with NinjaTrader expecting 10%/month return, no capital limit.
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