Today we have a huge report. Unemployment. The markets have been moving up because of the expectation of QE if todays report comes out better then expected we would probably not
have Qe this month and the market would sell off. This would be great for Sells short as well as long term on the EUR/USD AND AUD/USD IT WOULD BE A GREAT TIME TO BUY USD/CAD.
REMEMBER WAIT FOR THE MARKET TO REACT TO THE REPORT TODAY BEFORE YOU THINK ABOUT MAKING ANY DECISION.
WE WILL KEEP YOU POSTED TODAY AS THE MARKETS REACT TO THE REPORT.
Please note that Forex and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely effect actual trading results.