Condition :
- 100 % free
- For better result use 5 digits broker
- Use as your second opinion
- Do not follow if you not sure
- Place this signal start on today dec 30, 2011 at 3 GMT
TODAY SIGNAL, 30 DECEMBER 2011
SELL AUD/USD
TP 0.99000
STOPLOSS No stoploss
Use Grid with start position at 0.01 Lot
Valid until Feb,2012 or TP reach
WHY ?, because China's conundrum of liquidity, inflation and structural deficiencies
Lately, we are reading many economists' opinions warning about the situation in China. With an inflation at 4.2% in November and the PMI on the contracting side below the 50 level many experts are concerned about a possible hard landing. Are thes numbers a real reasons to be concerned?
Taking into account the last figures and comparing with the numbers we had in July (last 6-month review update), those numbers aren't bad but they are not as impressive as usual. U.S or Europe would dream with numbers like the Chinese ones but since Chinese economic power is linked to overseas demand, how far is China from a possible hard and epic landing?
The manufacturing sector is bleeding. Purchasing Manager Index(PMI) has dropped to 49, lower than market expectation. This is the first time since Feb 2009 PMI contracted. The orders are declining, especially overseas orders, and the stocks are piling up.
Komentar