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Don’t Hang on for that Extra Buck
GBP/EUR currently sits in the 1.39′s. Time is sure to be running out for Euro buyers. There is a strong possibility of a hung parliament. During the last General election in 2010 there was a hung parliament. It cause a significant drop in GBP/EUR dropping from the high 1.17s down to the low 1.14s.
I think procrastination could cost you if you are a Euro buyer hanging on for that extra buck, or Euro in this case. Euro sellers however be poised to move if a hung parliament does occur there may only be a small window of opportunity.
Thank you for reading today’s Blog, I would greatly appreciate any feedback you have and would take pleasure in replying personally. I am more than than happy to assist you with any of your currency requirements. Feel free to e-mail me at [email protected] or call on 01494 787 478 and ask for Daniel Johnson.
Source: http://www.eurorateforecast.com/2015/04/17/dont-hang-on-for-that-extra-buck/
This is the worst habit for a newbie including me as we just stick too long and that too for nothing much, so that’s why it’s necessary that we keep our minds open and trade with sensible approach, if we do anything unnecessarily then we will only suffer. I always believe in strict money management and never be greedy yet the profit flow is coming in very easily with the amazing addition of 50% bonus into my account from OctaFX broker’s deposit bonus!