Wednesday, March 21, 2007
Europe is up, Asia closed up, the yen is going up, futures are up, fair value is up, pre-market is up --- there is only one way for the market to go - that's right - down.
I still think it will be a slow day until the announcement and at that moment it will pick up abruptly. Watch the FOREX spot market during the few minutes before the announcement then through the announcement. This will be good practice for those of you who are thinking about playing the FOREX market. You have to learn to anticipate the move.
I hope that by now you are able to pick out a FOREX BOB (Noon yesterday and two hours ago today).