Wednesday, 30 May 2012

Facebook shares plunged nearly 10%


Facebook shares  plunged  nearly 10% as option trade starts and valuation questioned.
Yesterday Currency and Commodities sharply came down on concern of Spain banks woes as US consumer confidence came less than expected.

Today market focusing on UK’s consumer confidence and US's pending home sales.
Our trade calls yesterday were almost reached the target,

Today's trades from Vipul Trivedi,

 Sell Gbp/Usd at 5630 stop above 5675 target 5550.
 Buy Usd/Chf at 9625 stop below 9580 target 9685 .
 Sell gold at 1551 stop above 1556 target 1542 or Buy gold at 1541 stop below 1530 target 1555

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