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Wednesday, August 7, 2013

THE NEW PARADIGM IN FOREX

I can just see the headlines now:

EURO AND JPY RISING TO NEW HIGHS ON USD STRENGTH

Duhhhhh

But that is how the market has been moving.

So here you have it, the new paradigm in FOREX:

GOOD FUNDAMENTAL NUMBERS = BEARISH
BAD FUNDAMENTAL NUMBER = BULLISH

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