Stormin_Norman
Currency Trader
- Joined
- 12 January 2008
- Posts
- 1,256
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Be careful trying to use fear and greed in the FOREX, it's very fundamentally based, on many factors.
i agree. its the leverage that gives trading forex its volatility; not the speculators.
look at the run/fear on ABC Childcare stocks. They lost 80% on a selling run.
A 1% movement in a day in currency is a big move. You wont see the AUD at .12 in 6 months time.