Forex Blog

September 23, 2009

See What I Mean?

It looks like the FED did as was expected and the market was kind enough to follow suit, by selling the dollar and buying up other currencies.  But see what I mean about the volatility!  Take a look at this 5-minute chart of EUR/USD. (click chart to enlarge) Over 60 pips in less than a few minutes!

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Hopefully readers you took my advice and sold USD bought other currencies, or steered clear of the mayhem all together!

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