IIFT Daily Note with Peter Brown

What a week ahead!

Posted by:  |  Time: 7:05 am  |  Topic:  |  Comments: 1
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This is going to be some week. If anyone tells you they know what is going to happen they are lying. Literally anything is possible here.

To start off it is a jobbing strategy, small positions tight stops. The lead up to Friday will be dominated by rumour and comments out of EU officials. No clear direction will emerge untill Friday unless we get details of the deal and reaction to it. In the meantime play the ranges.

One Comment

Ray Douglas

December 5, 2011

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HI Peter,
Thanks for the guide to the markets. I decided to trade oil only but it moves in tandem with the indices.

R Douglas.