petros1972's Blog

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EUR/USD

When 70% of the traders and analyzers are selling the pair eur/usd with the idea that it will go back to parity then it’s the right time for me to buy it. Especially at 1.1100 - 1.1080 that's the turn point for the next leg up to 1.1700 before the end of the year
If you are thinking that FED will increase interest rate by 0.50 -1% you are dreaming. the most probable scenario is the 0.25% and that is already priced in that is the drop from 1.16 to 1.11
we might see a deja vu on the next FOMC. An …
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Stock markets

Many conflicts around the world’s speculators, analyzers and traders, on what direction will the stock markets follow in the next few months. Many of them predict a very big drop compare to the 2009 financial crisis others they expect over performing. When I hear them I simply close my ears not to listen to any one. In my point of view, I don’t see any serious thread resulting to the collapse of stock markets. The resent drop in stock markets is a technical result repeating all over the years. W…
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