Sunday, December 21, 2008

Have Checks in Place

Forex trading can change very quickly in either direction. Always have a stop
loss activated on your platform to avoid losing alot of money in a hurry.
There is so much going on with the US dolar right now it is hard to predict
what is going to happen next. The forex trade is human driven and all that
means is you had better listen to the rumors and the news.
With the bailout of the top 3 car makers the US dollar will probably
lose a little ground but not for long. From what i have been seeing
is a drop with a good potential to come back at any time.
Watch the euro/Usd.