FOREX TRADERS

[Worn_Buffet]

yeah...think I finally figured that one out last summer....last wknd in June/1st week in July when Trichet was rumored to raise'em. As I recall the euro rallied hard for several days (weeks) into that announcement....so hard that I thought when he finally does raise'em, I just couldn't see the euro gonna higher still. So I thought ya know what....betcha as soon as he raises, it'll fall like a rock....the trade that goes against conventional wisdom I guess you could say.

So he raised.....nothing happend at 1st....then approx an hr or so later.....down it went...& down hard. I made a demo killing on it & then thought...just wait for the right set up...no need to try & trade the daily charts....or if ya do...just nickel & dime it while u r waiting for the big trades ta set up like that euro call a few mos ago.

Anyway....indeed it's trades like that which can really give ya a huge payday if u r waiting & at the ready for it. Kinda hard to find those trades today in this mrkt dynamic tho...thnigs are so messed up now it's hard to know what's really gonna occur...more or less when.







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"Risk comes from not knowing what you're doing."

Warren Buffet