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May 14, 2009

German GDP

Hello Traders-

This article is worth reading, for sure. Just wanted to post some information on the German GDP story. It ended up benig the shapest decline in GDP for Germany EVER.  Not good, to say the least. Bulls and investors committing to the markets really need to hope this German data does not portend bad things for the US coming in Q2, Q3, Q4 GDP.  Time will tell.


Great trading tonight on the EUR/JPY and GBP/JPY ( I imagine all pairs)...I had a chart all ready to post for the EUR/JPY sloppy head and shoulders setup, but it broke as I was posting so I had to man the controls!  Be back soon!

Happy Trading

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