Trades and observations from a British contrarian stock investor

This blog is not intended to give financial advice. Before investing, do your own research and consult your financial adviser if appropriate. The accuracy of any information included is not guaranteed and may be subject to conjecture or interpretation by Contrarian Investor. Therefore visitors should validate all facts using alternative sources where possible.

Friday, December 4, 2009

Non farm payrolls give trading opportunity

With the U.S. employment due at 1.30 GMT, this sets up some trading opportunities.

Short Euro/U.S dollar - if figure is bad, the Euro should depreciate against the dollar as the risk trade is reduced i.e. flight to "quality".

Long Wall street - If the figures beat expectations, Wall street should rise signficiantly. Tight stop loss placed at 10340. Hedges short on Euro, Amazon, Freeport and Caterpillar.

Roll on 1.30!
Posted by Contrarian Investor UK at 11:14 AM

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