Traders,
Non farm payroll proved once again to open doors for the fed to think about what to do next. Unemployment dropped to 10% asking the question if the turnaround is indeed in full effect? The dollar gained incredible strength on this news while gold plummeted more than $60/oz on Friday. 4xSummit looks for pullbacks and then carry through or the ripple effect on most currency pairs next week. As we enter the 2nd week of the last month of 2009, we expect big money to continue to pour into the market giving us the probability of an excellent trading week.
To the Summit,
4xSummit
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