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Sunday, August 7, 2011

Why Right Now is A Good Time To Open An Account

Right now may be better than ever to open a forex account.  Given the current financial world and US financial situation, we are likely to see a lot of instability in the markets.  Instability always mean opportunity for a forex trader. 
When a trader hears instability, he instantly thinks of volatility and the opportunity to profit.  Some of this instability is even predictable.  We know that Japan has threatened currency intervention in the short term to lower the value of the yen which has been strengthening like crazy against the dollar.  We also know the US government just had its credit rating downgraded for the first time by S&P.  This is going to lead to some predictable results in the short term, and anyone playing the market is getting ready to make a KILLING.  So stop delaying because the time to get in to the market is now.  If you have been thinking about opening an account, stop thinking and start acting.  You can use whatever broker you feel most comfortable with but personally I recommend eToro Forex .
Whatever you are waiting for to open an account needs to be put in perspective about how this is one of the best opportunities we have ever seen to catch profit in the market.


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