Saturday, December 29, 2007

the FOREX story so far !

Well , I have started the Forex practise accounts but 2 days down I haven't really done any trades. I have been so damn busy and well power supply has been crazy down here.I haven't been able to get those PIPS going.
This is a bad way to start FOREX especially concerning the promise it offers and the leverage that one gets in this business. However while Forex is still top on my mind everyday. Forex requires that you get the right trading skills before jumping in.
Besides after the Fed dropped interest rates the dollar has been so week that even finding 20-pips daily has been such a chore. I will study my chart now and see if I can try to GUESS the direction that the EUR/USD pair will go.But the dollar is damn hell losing value. Odious.

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