Friday Analysis + Hangout (Copy-trading)
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Hi Everyone,
Some amazing movements in the market this week. I see that those of you who have been paying attention are reaping the rewards.
The negative sentiment in the markets this week has been simply amazing. Risk assets like commodities and stocks have fallen, while investors put their money in safer assets.
No doubt the big event of the day will be the GDP figures announced from the USA. So check your Economic Calendar for the exact time and results once it is announced. Analysts are estimating a rise of 1.9% this quarter, which is a bit less than average.
A GDP of 3% would be spectacular and likely halt the current sell-off. Less than 1% would be horrible and could conceivably trigger a market crash.
Here is a copy of our Google Hangout yesterday with our very own Ira More. The focus of the hangout is on Copy-trading and who to follow: https://www.youtube.com/watch?v=vgfEISP6uDI
As always, I’m here to answer any questions and to assist in your account.
Happy trading,
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