Monday, March 17, 2008

FOREX Info: EUR/USD will hit at 1.6000 ?

Mar 17, 2008
At Time : (time are in GMT+7 )
19:15 GBP/USD down (Sell)



ALWAYS put a Stop Loss (SL) MAX 40 pips, and Target Profit (TP) starting from 10 to 70 pips, you can use a trailing stop too.
USE AT YOUR OWN RISK !



Becareful for this high volatile market that happened in this
year. This is happened because of the crisis in USA that caused
by the Subprime Mortgage.

After EUR/USD hit 1.5 as we predict last year ago, now EUR/USD
probably will hit a new record high again 1.6000 if US still
cannot resolve their problem.

and at date Mar 18 (14:15pm New York Time) there will be some
announcement about US Interest Rate. This news will shake
the market if The Fed cut the USD interest rate more than 2.50%
You can keep an eye for this news, because this news is
very important.

We hope this information will help your trading.



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