Trading Snapshot and Potential Trades May 31

Good morning – below are today’s trading snapshot and potential trades.

Please note, both the UK and US were closed last night.

About michaelmccarthycmc

Chief Market Strategist - CMC Markets and Stockbroking Regular on ABC, BBC, Bloomberg, Channel TEN, CNBC, SBS and SKY
This entry was posted in Forex, Market, Shares, Stocks, Trading and tagged , , , , . Bookmark the permalink.

2 Responses to Trading Snapshot and Potential Trades May 31

  1. Geoff Avery says:

    Your keeping pretty quiet about your AUDNZD trade

    • michaelmccarthycmc says:

      Hi Geoff,

      yes you’re right – although I rarely follow up the 12 trade signals generated each day. Ric and Dave do this well, highlighting specific trade opportunities, and updating as the trade unfolds. i’m trying to do something a little different with some of my posts. I run scans each day to pick up potential trading opportunities, aiming to act as an initial filter for readers of this blog, pointing in possibly useful directions.

      It is always up to individual traders to decide if a trade is right for them.

      Having written that, given the interest in thjis particular trade, I’ve posted the chart here:
      http://blog.cmcmarkets.com.au/2011/06/01/audnzd-update/

      Good trading, Michael

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s