Forex Trade Alert U.S. Interest Rate Statement

FOREX NEWS ALERT.

YOU HAVE TO BE COGNIZANT OF THE ECONOMIC DATA RELEASE ALL

THE TIME !!!

BUT, DONT TRY TO INTERPRET THE NEWS

Tuesday, September 16th, 2008 (2:15 p.m. EST) USA
At 2:15 p.m. we will have U.S. Interest Rate Statement. It is expected
it will comes out at 2.00% a lot of people expects them to cut the rates.

If they leave the rates unchanged, sell EUR/USD.

If they cut the rates by 0.25, probably buying EUR/USD would be a good idea.

If they cut the rates by 0.50, buy EUR/USD and look for 110 to 160 pips move.

Important Notice.

When trading Forex it is important to know your risks. If you have only been trading for a short time it is highly recommended that you start with a demo account first. Forex trading is highly risky and normally it takes 3 – 5 years to become a successful forex trader. Only risk that which you can easily afford to lose. Forex trading is not a get rich quick scheme, but if managed carefully, it is an excellent investment.

ForexGenie

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Forex Genie Trade Alerts

Forex Trade Alert U.S. Interest Rate Statement

If they leave the rates unchanged, sell EUR/USD.

If they cut the rates by 0.25, probably buying EUR/USD would be a good idea.

If they cut the rates by 0.50, buy EUR/USD and look for 110 to 160 pips move.

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