July 28, 2011 Forex Signals

The market is at extreme risk lately. The closer we get to the August 2nd deadline for the US Debt deal, the more risky the market becomes as traders continue to speculate all the possibilities. The economic uncertainty is causing a great deal of indecision in the markets. Fortunately, we are still up on gains for the month.  However, this month has been very difficult and unpredictable due to current fundamental issues. Given the uncertainty of the current market conditions, trades should be taken cautiously until the US market stabilizes. What this means, is that we are going to have to tighten up our trading method and be more careful about our selections, since it is so much more unpredictable.  Lets take a look at the specifics:

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