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    some truth in this article from Marcus Padley

    You too can be a forex trader but be warned, it's a gamble
    May 19, 2012
    Read later
    SO THE $A goes through parity, in the other direction this time, and again every Tom, Dick and Harry is suddenly a currency expert.

    The same thing happened when it first rose through parity in October 2010. It's as if the Aussie dollar hitting the big figure miraculously releases a foreign-exchange-predicting hormone that empowers everyone with the skill to predict the future.



    Read more: http://www.smh.com.au/business/you-too-can-be-a-forex-trader-but-be-warned-its-a-gamble-20120518-1yw6p.html#ixzz1vOecXMUd
 
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