20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
In line to EU comments yesterday about Spanish growth the commission has now released lower forecasts for the eurozone. The EU is only expected to grow by 0.1 percent in 2013, which is an improvement of the 0.4 percent contraction forecasted earlier this year.
Real positive growth will only be on the table until 2014, with figures expected around 1.4 percent if all the reforms and agreements are reached. As it happened with Spain there will be some disappointments after local governments were proclaiming higher expected figures.
Here is a list of the major economies and their expected growth in 2013:
Germany 0.8% in 2013 (German forecast is 1.0%)
France 0.4% in 2013 (French forecast is 0.8%)
Italy -0.5% in 2013 (Italy forecast is -0.2%)
Spain -1.4% in 2013 (Spain forecast -0.5%)
Greece -4.2% in 2013 (Greece forecast -4.5%)
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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