Thursday, 10 April 2014
Petrobras (Petr4) The major brazilian stock
The major stock in Brazil might be heading to a correction from recent push highs. Petrobras also know as PETRO is by far the most traded stock in Brazil and so the best view of stock market!
Unfortunately the only good way to trade in Brazil using price action is on weekly charts (ON MY VIEW) due to lack of liquitity but as you can see we can get nice signals for position traders!
Soon I'll be covering major forex pairs hopefully on sunday or even saturday!
I'll not be posting charts everyday just when I see a nice signal or something I'd like to share with you!
Related to Brazil I'm going to cover Petr4 and Brl/Usd sometimes I might make analysis in other stocks but I think it will occour only if someone ask me for!
All my analysis will be only for educational propose only!
By the way I'm Brazilian but live in Uk London ... if you have any question you can write me down in portuguese, spanish or GUESS WHAT ENGLISH ahhaha....
Cheers by today is enough.. I think you are already bored of me! :P
See yeah
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