Steen Jakobsen
A negative zero-interest rate world will have profound implications for us all.One expected bonus, however, might be that it puts an end to this paralysing pretend-and-extend strategy that's dominated the agenda for far too long. So says Saxo Bank's Chief Economist, Steen Jakobsen as he outlines his Essential Trades for Q2.
Article / 26 November 2012 at 8:10 GMT

FX Trend Snagger Model: 2012-11-26

Head of FX Strategy / Saxo Bank

Note - we added the 2nd unit of long of 56k EURUSD this morning at 1.29684 - and maintain the stop on the overall long EURUSD position at 1.2884 offered. See full PDF attached to this post and open open positions/orders overview below.

-> Adding 2nd unit of EURUSD long today
-> AUDNZD long still alive, AUDUSD long taken on Friday near current levels
-> GBPUSD may trigger long position in next couple of days
-> EURJPY and GBPJPY longs awaiting entry into profit-taking zone


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