cottage
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2012 predictions: Buy dips in AUD, CHF and Gold
Written by Sean Lee
December 21, 2011 at 04:12 GMT
Btrader set the scene with his very bullish view for EUR/USD over the next 12 months. Here are my strongest trades for 2012:
Buy AUD/USD near 90 cents. I’m expecting the current consolidation period to continue for most of 2012, but we will get a bullish breakout late in the year. Buying @ .9050 for 1.15+
Sell USD/CHF near to 1.10 looking for return to record lows at .72 and below
Buy Gold when USD/CHF tops out. No idea when this will be.
My macro view as you can see remains the same. I think the Fiat system remains under great threat whilst the only solution we have to any problem is to print more money.
What are your predictions for 2012?
Written by Sean Lee
December 21, 2011 at 04:12 GMT
Btrader set the scene with his very bullish view for EUR/USD over the next 12 months. Here are my strongest trades for 2012:
Buy AUD/USD near 90 cents. I’m expecting the current consolidation period to continue for most of 2012, but we will get a bullish breakout late in the year. Buying @ .9050 for 1.15+
Sell USD/CHF near to 1.10 looking for return to record lows at .72 and below
Buy Gold when USD/CHF tops out. No idea when this will be.
My macro view as you can see remains the same. I think the Fiat system remains under great threat whilst the only solution we have to any problem is to print more money.
What are your predictions for 2012?