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Happy New Year!

I hope 2007 brings you a successful and prosperous trading year for you all but most of all I wish you all good health.

Thank you to everyone who have sent me messages for the New Year and sorry for being so slack in replying but I have been very busy today getting ready for the trading week and a few other things. I appreciate your messages and let me take this opportunity to wish you all wealth, health and happiness.

The holidays are over and we are now back to Forex. I have to admit I have missed trading the markets in the last week on a consistent basis but that is now all about to change.

No charts to show you until Thursday but I can tell you that now the markets should get back to some form of normality and we should get some form of direction on the main pairs. You may be interested to know that the last 10 years the Euro and Cable have been weaker in January against the USD. The Euro 8 times and the Cable 6 times. At the time of writing this the Euro is at 50% from the high to the low of December so it is worth seeing if this acts as any resistance for tomorrows reversal time.

We have some volatile news items out this weak least of all Non Farm on Friday which will be interesting.

Good luck and Happy New Year.