SGD is almost at a year's high against USD, SG economy is not doing that great recently and, I think, SG property is due to a big correction. Are these reasons enough to start buying USDs and selling SGDs?
RK
RK
I am a dumb guy!!! How? I started investing in stocks after I turned 30 (too late!!) and, more importantly, from Nov 2007(too high!!) when markets were at their peak. This blog chronicles every stupid thing I have done since then and every silly idea, and thought, that I have. And some posts are just for the sake of getting Mr.Google show some mercy on my blog and get few eyeballs and some cents from AdSense. What else to expect from a dumb ass??
1 comment:
I have been adding on smaller positions on USDSGD pair and it has been holding well so far. Pair is in a period of consolidation with next 2 weeks being crucial for any breakouts. Direction of the breakout will depend on the fiscal cliff talks. I am thinking to have a stop loss or stay with it if the trades go against me...
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