Thursday, December 18, 2014

Rouble Trouble-Prospects for next 1 week and next 30 days


Rouble Trouble –Prospect for  Russian currency for next one week and next 30 days

Russian currency has in last 48 hours or so plunged heavily leading to global stock market meltdown

Should you or sell Russian Rouble now for trading with a. 1 week horizon  b.1 month horizon


Next 7 days ;Tarot cards drawn suggest more down side and recovery only towards close of next 7 day period.Hence sell position  should be maintained for next few days and purchased towards middle of next week

Next 30 days. Tarot cards suggest next 10 days may be worst phase of next 30 days and strong recovery of rouble likely thereafter.

Disclaimer-usual risk disclaimer applies for forex traders and all else.

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