Contrarian trades

Discussion in 'Trading' started by PAPA ROACH, Mar 16, 2008.

  1. Cast aside what you think you know and look at what the market is telling you. Huge drops from the highs in the Pound and the Aussie, the "Queens money". This is the market telling you that your going to get sympathy rate cuts in other global markets since this is a dire circumstance. This translates into trades that are short commodities; energy, metals, softs. As long as the Dollar gets trashed, the commodity bull reigns. As soon as foreign governments start cutting rates, the overbought conditions turn to sharp contrarian profits.

    Climb outside of your box, and put your thinking cap on.