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Forex Update 12 September 2007

The EUR/USD pair continues its climb towards the psychological barrier at 1.40. Will the thing ever drop? With the fed looking like they are going to cut rates,  I’d bank on buying dips and riding the trend. Remember, the trend is your friend. The trend is your friend. Stay tuned…

diclaimer: if you ever listen to any of my ideas, you are crazy. I am not a lawyer, trader, or anything special. I lost a crap load of money trading forex. I don’t even trade anymore. You can lose your shirt in forex in 1 second, so don’t be stupid! end disclaimer.

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