Tuesday, March 8, 2011

Watch out for the Day of Rage in Saudi Arabia.

After hearing rummors the president of Lybia will step down, crude oils ceased to raise from 2 1/2 year high. So, it could be an oportunity to go bullish in US currency. But, that might not last that long.

On March 11 & 20th of 2011, there will be a Day of Rage in Saudi Arabia. Goverment protesters will marching against government policies. So, what does that means to 4x? It means, there is a big chance that could cause the barrel of oil to skyrock. If you don't know, Saudi Arabia is the #1 oil exporter around the world. So, it is your duty to watch out dollar index and any USD dollar pairs.  This could cause the stock market to continue its bullish movement.  In other words, on March 11, watch out the AUD & EUR currencies. they might reach new highs. While US currency can drop far more.

For sure, it will be an interesting week in the 4x market for sure. If I were you, I will not keep any position trades in this week. Anything goes!!!

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