Saturday, July 30, 2011

Debt Ceiling: Crisis or Opportunity?

Lessons from the Pros

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Big name companies reported earnings today with very mixed results, however all of them were overshadowed by the urgency of the Debt Ceiling. Justin Krebs joins the show to talk about how he sees the debt ceiling as opportunity for traders, as long as they know where to put their money. Merlin and Justin look at several currency pairs which offer great opportunities regardless of which way the markets head as pressure builds. Swiss Franc, Pound, Yen, Euro and the dollar all have prospects if the trade is set up correctly!

Click on the image below to download the mp3 file:

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Source: http://www.fxstreet.com/education/fundamental/powertrading-radio-the-fundamental-podcasts/2011-07-27.html

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