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Old 02-07-2006, 10:04 AM
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Be Careful about upcoming Forex News Events

Be careful about upcoming Forex News releases. Sometimes news releases do very little to the trend and other times, as shown below, they can destroy them.

I was running the Super 7 system and just opened up 3 positions with the yen using different currency pairs on a new demo account. Unfortunately, I was on the wrong side of 2 our of 3 currency pairs. Just be careful when the news comes out.
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