On Feb.4, the PMI report showed that the service industry continued to contract in January. The figure came better than average estimates.
U.K. Nationwide Consumer Confidence also dropped to record low. I made a small profit from selling gbpjpy before the report and I decided to close it soon after announcement of a new stimulus package from Australia.
"He will win who knows when to fight and when not to fight."
"In war, the way is to avoid what is strong and to strike at what is weak."
"You can be sure of succeeding in your attacks if you only attack places which are undefended. You can ensure the safety of your defense if you only hold positions that cannot be attacked."
Sun Tzu – The Art of War
About Me
My name is Davod. I am a trader and analyst. continue…
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