USD in for a Wild Ride as the World Braces for the Donald

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USD in for a Wild Ride as the World Braces for the Donald

Finally we are here….it’s U.S. Election day! Thank goodness I say as there’s only so much you of this rubbish that one can tolerate. The media circus around this election has been second to none and the Donald has loved every minute of it.

But let’s get down to the serious business of trading. What do we do now?

Well I think you should be sitting on the fence waiting for a result or big swing one way or the other. Once we have an idea which way it’s going to go then it’s just a matter of looking at your charts for levels.

This is my take of it:

Donald = USD down , Hilary = USD Up ….but when it’s all said and done the currencies will settle down as the dust settles and it will be some time before we see any notable chnage in the USD.

Really the USD’s next big move will come from the FED not these puppets.

So my advice is don’t get too caught up in all the hew-ha. This is just a ridiculous show with a very short term outcome for the USD.

For a side bet I’ve got a friendly fiver on the ‘Donald’ for novelty effect.

Good Luck if you’re having a crack.

Brad

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